Maintenance of Funds. Federal, state, and local funds shall be maintained by the School according to existing federal and state mandates and practices including, without limitation, any FEFP Guidelines pursuant to Section1011.62, Florida Statutes. Separate funds and bank accounts shall be maintained where required for federal funds and state and local funds.
Maintenance of Funds. Borrower will maintain sufficient funds in the Account on the dates Bank enters debits authorized by this Agreement. If there are insufficient funds in the Account on the date Bank enters any debit authorized by this Agreement, the debit will be reversed.
Maintenance of Funds. The Sub Agent undertakes to hold all funds received on behalf of the Underwriting Agent in a separate designated Clients account or in a separate designated Insurers account, which shall be either a statutory trust account or a non-statutory trust account, operated in accordance with the FCA Client Assets Sourcebook (CASS) rules. The Sub Agent will supply to the Underwriting Agent on request a copy of the trust deed constituting the trust and thereafter copies of any amendments to such document as well as copies of all audits and accounts produced in relation to the trust. These funds may not be used by the Sub Agent for any purpose other than for the purpose of settling accounts with the Underwriting Agent (or other insurers with whom the Sub Agent does business) or premium refunds or claims to clients or any other transactions where expressly authorised by the Underwriting Agent. For the avoidance of doubt, and without prejudice to the generality of the foregoing, the Sub Agent may not invest these monies in any way without the prior written consent of the Underwriting Agent and the assets held in the above mentioned account may not be co-mingled with assets in respect of the Sub Agent’s general or operating account. Subject to adherence to these requirements, any interest earned on such monies held by the Sub Agent shall accrue to the Sub Agent.
Maintenance of Funds. County must maintain the funds in the segregated account until spent for any authorized purposes described in the Agreement.
Maintenance of Funds. From the date of Closing, Xxxxxx Xxxxx shall maintain in an account at a financial institution located in, and organized under the laws of, the United States or any State thereof cash or fully liquid cash equivalents having a market value at all times equal to or greater than the Seller Indemnification Cap until the later of (a) the one-year anniversary of the Closing and (b) the date that all claims of Purchaser made pursuant to ARTICLE 11 within such one-year period have been fully and finally resolved between the parties. At the request of Purchaser from time to time during such period, Xxxxxx Xxxxx shall promptly provide documentary evidence (for example, an account statement) to the Purchaser that assets of such value are being maintained in the a U.S. account and are available as required by this Section 7.5.
Maintenance of Funds. 31 (h) Increased Costs; Capital Adequacy; Taxes..................................31 (i) Illegality................................................................32 (j) Effective Rate............................................................33 2.4 Payments...........................................................................33 (a)
Maintenance of Funds. 55 7.13 Registration of Transferred Patents and Marks ....................................... 56 ARTICLE VIII
Maintenance of Funds. A. From May 23, 2020 to December 31, 2020, the City of Richland will maintain a separate fund, the Hanford Communities Fund, to account for all expenses of Hanford Communities. Monies granted to Hanford Communities and monies from any other source, including all payments from Participating Jurisdictions, will be deposited into the Hanford Communities Fund and promptly provided to TRIDEC in support of and to compensate for services rendered under this Agreement.
Maintenance of Funds. Fiscal year-end balances in the Operation and Maintenance Account shall be carried over to the same accounts in the subsequent fiscal year, and shall be used for no other purpose than those designated for these accounts.
Maintenance of Funds. From the date hereof until the earlier of (a) the Closing and (b) the termination of this Agreement, Purchaser will ensure that it has at least $15,000,000 in funds available to fund the Initial Closing Payment at the Closing, subject to the terms and conditions set forth herein. From time to time, Seller may request evidence reasonably demonstrating that Purchase has such funds (such as a snapshot of a bank account statement), and Purchaser will provide such evidence within one Business Day of being so requested.
