INTERIM ACCOUNTING, PAYMENT AND COLLECTION SERVICES Sample Clauses

INTERIM ACCOUNTING, PAYMENT AND COLLECTION SERVICES. Buyer and Seller agree to cooperate to transfer financial accounting services for the Assets as promptly as practicable after the Effective Time.
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INTERIM ACCOUNTING, PAYMENT AND COLLECTION SERVICES. From and after the Effective Date until Closing, SELLER shall, for the account of and at cost set forth in the last paragraph of subsection 18(b), provide all necessary and appropriate financial accounting services for the PROPERTY and all related operations and administration of the PROPERTY in the same manner and to the same extent provided by SELLER prior to the Effective Date, taking into account and acting consistent with the provisions of subsections 18(b) and 18(c) above. SELLER shall, for the account of and at the cost set forth in the last paragraph of subsection 18(b), pay all Expenses (as provided in subsection 18(b)) which are the obligation of PURCHASER and collect all proceeds and other monetary payments which are allocated to PURCHASER (as provided in subsection 18(c)).
Sample 1
INTERIM ACCOUNTING, PAYMENT AND COLLECTION SERVICES. From the Effective Date until Closing, Aera shall, for the account of and at the sole cost to Xxxxx of One Hundred and No Hundredths Dollars ($100.00) per day, provide all necessary and appropriate financial accounting services for the Property and all related operations and administration of the Property in the same manner and to the same extent provided by Aera prior to the Effective Date, taking into account and acting consistent with the provisions of subsections 17(b) and 17(c) above. Aera shall, for the account of and at the sole cost to Xxxxx, pay all Expenses [as provided in subsection 17(b)] which are the obligation of Xxxxx and collect all proceeds and other monetary payments which are allocated to Xxxxx [as provided in subsection 17(c)].
Sample 1
INTERIM ACCOUNTING, PAYMENT AND COLLECTION SERVICES. From 1/1/98 until Closing, SLOPI shall, for the account of and in consideration of the overhead charges set forth in clause (vii) of the definition of Expenditures, provide all necessary and appropriate financial accounting services for the Properties and all related operations and administration of the LOPI Properties in the same manner and to the same extent provided by Shell prior to 1/1/98, taking into account and acting consistent with the provisions in this agreement. Shell shall, for the account of and at the sole cost to the Company, pay all expenditures which are the obligations of the Company and collect all proceeds and other monetary payments which are allocated to the Company.
Sample 1
INTERIM ACCOUNTING, PAYMENT AND COLLECTION SERVICES. If Closing occurs after the Effective Date, then from and after the Effective Date until Closing, SELLER shall, for the account of PURCHASER, provide all necessary and appropriate financial accounting services for the PROPERTY and all related operations and administration of the PROPERTY in the same manner and to the same extent provided by SELLER prior to the Effective Date, taking into account and acting consistent with the provisions of subsections 19(b) and 19(c) above. SELLER shall also, for the account of PURCHASER pay all Expenses (as provided in subsection 19(b)) which are the obligation of PURCHASER and collect all proceeds and other monetary payments which are allocated to PURCHASER (as provided in subsection 19(c)). The cost for these services is included in the overhead charge referenced in the last paragraph of subsection 19(b) to be charged after June 30, 1999 until Closing. At PURCHASER's request, after Closing SELLER or its affiliates shall provide transitional services other than accounting, payment and collection services for PURCHASER pursuant to the terms of the Transition Services Agreement attached as EXHIBIT "I" hereto. At PURCHASER's request, after Closing Shell Services International Inc. may provide transitional accounting, payment and collection services for PURCHASER on mutually agreeable terms and conditions.
Sample 1

Related to INTERIM ACCOUNTING, PAYMENT AND COLLECTION SERVICES

  • Portfolio Accounting Services (1) Maintain portfolio records on a trade date+1 basis using security trade information communicated from the Fund’s investment adviser.

  • Tax Accounting Services (1) Maintain accounting records for the investment portfolio of the Fund to support the tax reporting required for “regulated investment companies” under the Internal Revenue Code of 1986, as amended (the “Code”).

  • Administrative and Accounting Services The Administrator shall perform or supervise the performance by others of other administrative services in connection with the operations of the Portfolios, and, on behalf of the Trust, will investigate, assist in the selection of and conduct relations with custodians, depositories, accountants, legal counsel, underwriters, brokers and dealers, corporate fiduciaries, insurers, banks and persons in any other capacity deemed to be necessary or desirable for the Portfolios' operations. The Administrator shall provide the Trustees of the Trust with such reports regarding investment performance and compliance with investment policies and applicable laws, rules and regulations as they may reasonably request but shall have no responsibility for supervising the performance by any investment adviser or sub-adviser of its responsibilities. The Administrator may appoint a sub-administrator to perform certain of the services to be performed by the Administrator hereunder. The Administrator shall provide the Trust with administrative services, regulatory reporting, fund accounting and related portfolio accounting services, all necessary office space, equipment, personnel, compensation and facilities (including facilities for Shareholders' and Trustees' meetings) for handling the affairs of the Portfolios and such other services as the Trustees may, from time to time, reasonably request and the Administrator shall, from time to time, reasonably determine to be necessary to perform its obligations under this Agreement. In addition, at the request of the Trust's Board of Trustees (the "Trustees"), the Administrator shall make reports to the Trustees concerning the performance of its obligations hereunder. Without limiting the generality of the foregoing, the Administrator shall:

  • Additional Accounting Services Ultimus shall also perform the following additional accounting services for each Portfolio:

  • Deposits to the Collection Account and Special Payments Account (a) The Subordination Agent shall, upon receipt thereof, deposit in the Collection Account all Scheduled Payments received by it (other than any Scheduled Payment which by the express terms hereof is to be deposited to a Cash Collateral Account).

  • Income Collection, Transaction Processing, Account Administration 0.25 of a basis point per annum on the average net assets of the Fund.

  • Fund Accounting Services GFS may from time to time adopt procedures, or modify its procedures, to implement the terms of this Section. With respect to each Fund, GFS shall provide the following services subject to, and in compliance with, the objectives, policies and limitations set forth in the Trust’s Registration Statement, the Trust’s Agreement and Declaration of Trust, Bylaws, applicable laws and regulations, and resolutions and policies implemented by the Trust’s Board of Trustees (the “Board”):

  • Collections Payment Processing Remittance (a) Collection Efforts, Policies, Procedures.

  • VALUATION SUPPORT AND COMPUTATION ACCOUNTING SERVICES BNY Mellon shall provide the following valuation support and computation accounting services for each Fund:  Journalize investment, capital share and income and expense activities;  Maintain individual ledgers for investment securities;  Maintain historical tax lots for each security;  Corporate action processing as more fully set forth in the SLDs;  Reconcile cash and investment balances of each Fund with the Fund’s custodian or other counterparties as applicable;  Provide a Fund’s investment adviser, as applicable, with the cash balance available for investment purposes at start-of-day and upon request, as agreed by the parties;  Calculate capital gains and losses;  Calculate daily distribution rate per share;  Determine net income;  Obtain security market quotes and currency exchange rates from pricing services approved by a Fund’s investment adviser, or if such quotes are unavailable, then obtain such prices from the Fund’s investment adviser, and in either case, calculate the market value of each Fund’s investments in accordance with the Fund's valuation policies or guidelines; provided, however, that BNY Mellon shall not under any circumstances be under a duty to independently price or value any of the Fund's investments, including securities lending related cash collateral investments (with the exception of the services provided hereunder to Funds utilized for such cash collateral investments), itself or to confirm or validate any information or valuation provided by the investment adviser or any other pricing source, nor shall BNY Mellon have any liability relating to inaccuracies or otherwise with respect to such information or valuations; notwithstanding the foregoing, BNY Mellon shall follow the established procedures and controls to identify exceptions, tolerance breaches, etc. and to research and resolve or escalate any pricing inaccuracies;  Application of the established automated price validation rules against prices received from third party vendors and review of exceptions as identified;  Calculate Net Asset Value in the manner specified in the Fund’s Offering Materials (which, for the service described herein, shall include the Fund’s Net Asset Value error policy);  Calculate Accumulated Unit Values (“AUV”) for select funds as mutually agreed upon between the parties;  Transmit or make available a copy of the daily portfolio valuation to a Fund’s investment adviser;  Calculate yields, portfolio dollar-weighted average maturity and dollar-weighted average life as applicable; and  Calculate portfolio turnover rate for inclusion in the annual and semi-annual shareholder reports.  For money market funds, obtain security market quotes and calculate the market-value Net Asset Value in accordance with the Fund’s valuation policies and guidelines at such times and frequencies as required by regulation and/or instruction from TRP.

  • Custody and Accounting Services All expenses of the transfer, receipt, safekeeping, servicing and accounting for the cash, securities, and other property of the Corporation, for the benefit of the Fund, including all charges of depositories, custodians, and other agents, if any;

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