GE CAPITAL'S RESPONSIBILITIES Sample Clauses

GE CAPITAL'S RESPONSIBILITIES. In connection with its purchase, establishment and/or addition and continued ownership of Accounts and Indebtedness, GE Capital shall provide Parent and Operating Subsidiaries with customized credit services, including, without limitation, the following: (a) supplying Parent and each Operating Subsidiary with credit applications, Credit Agreements and Lender Credit Card Agreements for use in the State of Washington and reviewing all applications for credit by or on behalf of prospective Account Debtors; (b) in its sole discretion, determining the creditworthiness of such prospective Account Debtors and approving those applicants deemed creditworthy pursuant to standards solely within the discretion of GE Capital; (c) in its sole discretion, establishing and revising credit limits for particular Account Debtors; (d) providing access to GE Capital's authorization system for the approval of Accounts and Indebtedness and making determinations with regard to whether particular credit extensions would constitute Eligible Indebtedness, including the "Instant Credit" program; (e) issuing customized credit cards to Account Debtors; (f) preparing and mailing periodic billing statements to Account Debtors; (g) responding to billing inquiries from Account Debtors; and (h) collecting delinquent Indebtedness from Account Debtors.
Sample 1
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GE CAPITAL'S RESPONSIBILITIES. In connection with its purchase and continued ownership of Accounts and Indebtedness, GE Capital shall perform the following after the Conversion Date (except that, with respect to Gump's Accounts, the following shall be performed only after the Gump's Conversion Date):
Sample 1

Related to GE CAPITAL'S RESPONSIBILITIES

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  • Trust Responsibilities In connection with its use of AVA, the Trust, through its service providers, shall:

  • Custodial Responsibilities ARTICLE IX

  • Monitoring Responsibilities The Custodian shall furnish annually to the Fund, during the month of June, information concerning the foreign sub-custodians employed by the Custodian. Such information shall be similar in kind and scope to that furnished to the Fund in connection with the initial approval of this Contract. In addition, the Custodian will promptly inform the Fund in the event that the Custodian learns of a material adverse change in the financial condition of a foreign sub-custodian or any material loss of the assets of the Fund or in the case of any foreign sub-custodian not the subject of an exemptive order from the Securities and Exchange Commission is notified by such foreign sub-custodian that there appears to be a substantial likelihood that its shareholders' equity will decline below $200 million (U.S. dollars or the equivalent thereof) or that its shareholders' equity has declined below $200 million (in each case computed in accordance with generally accepted U.S. accounting principles).

  • Customer Responsibilities (a) The Customer agrees to (i) promptly notify the Bank of any change that the Customer wishes to make to Exhibit B, (ii) promptly notify the Bank if any information contained in the Customer Information Sheet becomes inaccurate or untrue and (iii) indemnify the Bank for any losses resulting from the Customer's failure to adhere to the provisions of Subsection (a) of this Section 11.

  • Servicer's Responsibilities In addition to any other obligations set forth herein, upon acquisition of each REO, the Servicer shall be responsible for:

  • Other Responsibilities The delivery of any notices to, and the obtaining of any consents from, any Permitted Transferee with respect to any provision of this Agreement, including, but not limited to, Sections 7.1 and 7.4, shall be your sole responsibility, unless otherwise agreed to in writing between such Permitted Transferee and the Sponsor. Neither the Company nor the Sponsor shall be liable to any Permitted Transferee for your failure to deliver a notice to, or obtain a consent from, any Permitted Transferee with respect to any provision of this Agreement, including, but not limited to, Sections 7.1 and 7.4.

  • Joint Responsibilities In performing the Development Efforts, each party shall

  • General Responsibilities Issuer hereby engages Distributor to act as exclusive distributor of the shares of each class of the Funds. The Funds subject to this Agreement as of the date hereof are identified on SCHEDULE A, which may be amended from time to time in accordance with Section 11 below. Sales of a Fund's shares shall be made only to investors residing in those states in which such Fund is registered. After effectiveness of each Fund’s registration statement, Distributor will hold itself available to receive, as agent for the Fund, and will receive by mail, telex, telephone, or such other method as may be agreed upon between Distributor and Issuer, orders for the purchase of Fund shares, and will accept or reject such orders on behalf of the Fund in accordance with the provisions of the applicable Fund’s prospectus. Distributor will be available to transmit orders, as promptly as possible after it accepts such orders, to the Fund’s transfer agent for processing at the shares’ net asset value next determined in accordance with the prospectuses.

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