Net Funds Sample Clauses

Net Funds. JBP shall be responsible for all costs incurred for the transfer of funds including levies and fees, which may be charged on said transactions.
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Net Funds. All “Net Funds” earned through the use of the name of the Joint Library and Library Building or any other name associated with the Joint Library or the image or logo of the Joint Library and Library Building shall be deposited into the Library Trust Account. For purposes of this Section, “Net Funds” shall mean all revenue actually received by such Party as a result of the use of the name of the Joint Library and Library Building and/or any other name associated with the Joint Library or the image or logo of the Joint Library and Library Building minus all actual and direct expenses incurred to generate such revenue, except for any charge or allocation of cost for use of the Library Building.
Sample 1
Net Funds. All “Net Funds” earned through the use of such technology shall be deposited into the Library Trust Account. For purposes of this Section, “Net Funds” shall mean all revenue actually received by such Party as a result of the use of the technology minus all actual and direct expenses incurred to generate such revenue, except for any charge or allocation of cost for use of the Library Building.
Sample 1

Related to Net Funds

  • Distributions on the REMIC Interests On each Distribution Date, amounts on deposit in the Certificate Account shall be treated for federal income tax purposes as applied to distributions on the interests in the Lower Tier REMIC in an amount sufficient to make the distributions on the respective Certificates on such Distribution Date in accordance with the provisions of Section 4.04.

  • Investment Funds Unregistered general or limited partnerships or pooled investment vehicles and/or registered investment companies in which the Company (directly, or indirectly through the Master Fund) invests its assets that are advised by an Investment Manager.

  • Settlement Funds The Servicer shall be named as a payee on all insurance loss drafts and upon receipt thereof, the funds shall be credited to the Borrower's Insurance Proceeds balance and deposited into (a) where such funds will be applied to the repair and restoration of the related Mortgaged Property and where required by applicable state law, one or more separate escrow accounts, so that the balance on deposit in such accounts is fully insured at all times by the FDIC through either the BIF or SAIF or (b) where such funds will not be applied to the repair and restoration of the related Mortgaged Property, the respective Custodial P&I Account.

  • Fixed Income Funds This document is an attachment to the Participant Agreement with respect to the procedures to be used by (i) the Distributor and the Transfer Agent in processing an order for the creation of Shares, (ii) the Distributor and the Transfer Agent in processing a request for the redemption of Shares and (iii) the Participant and the Transfer Agent in delivering or arranging for the delivery of requisite cash payments, Portfolio Deposits or Shares, as the case may be, in connection with the submission of orders for creation or requests for redemption. The Participant is first required to have signed the Participant Agreement. Upon acceptance of the Participant Agreement by the Distributor and the Transfer Agent, the Transfer Agent will assign a PIN Number to each Authorized Person authorized to act for the Participant. This will allow the Participant through its Authorized Person(s) to place an order with respect to Shares.

  • Distributions of Net Cash Flow The Net Cash Flow of the Partnership for each calendar year, shall be distributed to the Partners from time to time, in the discretion of the General Partner, in accordance with the Percentage Interests of the Partners.

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