Payment Distributions Sample Clauses

Payment Distributions. Servicer will distribute payments to the named individuals and entities as instructed in writing by Xxxxxx or Xxxxxx’s agent. Servicer reserves the right to delay distributions until payments deposited have cleared the issuer's bank according to Servicer’s Payment Policy (available upon request). If Servicer does not have a valid current address for Lender, it may hold all distributions for that Lender in a non-interest-bearing trust account, without liability.
AutoNDA by SimpleDocs
Payment Distributions. 58.1 Where a dividend or other sum which is a distribution is payable in respect of a share, it must be paid by one or more of the following means:
Payment Distributions. MxxxXxxx shall send payment as described in Article VII, Section A on the tenth day of each month for the monies received for the month prior to the date of the payment.

Related to Payment Distributions

  • Interim Distributions At such times as may be determined by it in its sole discretion, the Trustee shall distribute, or cause to be distributed, to the Beneficiaries, in proportion to the number of Trust Units held by each Beneficiary relating to the Trust, such cash or other property comprising a portion of the Trust Assets as the Trustee may in its sole discretion determine may be distributed without detriment to the conservation and protection of the Trust Assets in the Trust.

  • Liquidating Distributions Notwithstanding anything to the contrary in this Article VII or in Section 8.3 of the Master Agreement, upon the sale of the Property or the dissolution and liquidation of the Series in accordance with the provisions of this Agreement and of Section 8.3 of the Master Agreement, the proceeds of liquidation of the Series or the sale of the Property will be distributed within ninety (90) days of the date of sale of the Property or the dissolution and liquidation in the following order and priority:

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!