Payment Monitoring Sample Clauses

Payment Monitoring. 1. The Borrower agrees that the Lender shall entitle to manage and monitor the payment from the loan obtained through Lender entrusted payment or/and direct payment methods by the Borrower, in order to supervise the purpose of usage of the loan as agreed in this Contract. The Lender entrusted payments refers to the Lender, make payments on behalf of the Borrower, upon application from the Borrower, to third parties who qualifies the purpose of the usage of the loan as agreed in this Contract, from the Borrower’s bank accounts. Direct payment by the Borrower refers to the Lender deposited the loan into the Borrower’s bank account based on the draw down application, and payments being made to the qualified payee in accordance with the usage agreed in the respective contracts by the Borrower directly.
Sample 1Sample 2Sample 3See All (7)
AutoNDA by SimpleDocs
Payment Monitoring. 8.1 Party A’s capital return account designated by Party B has been identified.
Sample 1Sample 2
Payment Monitoring. 1. The Borrower agrees, the Lender has right to manage and monitor the payment of the loan capital via entrusted payment or/and voluntary payment by the Borrower, in order to supervise the usage of the loan capital incompliance with the Contract. The Lender’s entrusted payment refers to the payment of the lending amount made to the qualified payee of the Borrower in accordance with the agreed usage of the Contract, via the Borrower’s bank accounts, based on the withdrawal requisition and entrusted payment order from the Borrower. Voluntary payment by the Borrower refers to the payment of the lending amount made to the Borrower’s account upon Xxxxxxxx’s withdrawal requisition; the Borrower voluntarily makes payment to the payee in accordance with the agreed usage of the Contract.
Sample 1
Payment Monitoring. 1. The Borrower agrees that the Lender shall have the right to manage and control the payment of loan funds through entrusted payment by the Lender or/and direct payment by the Borrower, in order to supervise the purpose of usage of the loan as agreed in this Agreement. Entrusted payment by the Lender means that the Lender pays the loan funds through the Borrower’s account to the Borrower’s transaction counterparties who meet the purposes as agreed in this Agreement according to the Borrower’s drawdown application and payment entrustment. Direct payment by the Borrower means that after the Lender deposits the loan funds to the Borrower’s account according to the Borrower’s drawdown application, the Borrower will independently pay them to the Borrower’s transaction counterparties who meet the purposes as agreed in the Agreement.
Sample 1
Payment Monitoring. 1. The borrower agrees the lender has the rights to monitor and manage the payment of loan in the special account of fixes asset account by the commissioned payment of the lender and the self payment of the borrower to supervise the utilization of the loan capital same as the stated usage purpose. The commissioned payment of the lender refers to the lender pays up the loan capital by directly transferring the capital from the special account of fixed asset loan of the borrower to the appointed account of the trade counterparty of the borrower complying with the stated usage of the contract. Shanghai Pudong Development Bank Loan Contract of Fixed Asset SPD BANK The self payment of the borrower means the lender transfers the loan capital into the general settlement account from the special account of fixed asset loan of the borrower and then the borrower self pays to the appointed account of the trade counterparty of the borrower complying with the stated usage of the contract through the normal settlement way.
Sample 1

Related to Payment Monitoring

  • Monitoring In each case in which the Foreign Custody Manager maintains Foreign Assets with an Eligible Foreign Custodian selected by the Foreign Custody Manager, the Foreign Custody Manager shall establish a system to monitor (i) the appropriateness of maintaining the Foreign Assets with such Eligible Foreign Custodian and (ii) the contract governing the custody arrangements established by the Foreign Custody Manager with the Eligible Foreign Custodian. In the event the Foreign Custody Manager determines that the custody arrangements with an Eligible Foreign Custodian it has selected are no longer appropriate, the Foreign Custody Manager shall notify the Board in accordance with Section 3.2.5 hereunder.

  • Collateral Monitoring Fee So long as any Advances or Letters of Credit are outstanding during any month or portion thereof, a monthly collateral monitoring fee of $1,500, payable in arrears on the last day of such month (prorated for any partial month), commencing on the last day of the month during which the Effective Date occurs, and upon termination of this Agreement; and

  • Monitoring Fee Section 3.08 of the Account Purchase Agreement is hereby amended to add the following new subsection (d):

  • Payment of Management Fee To facilitate the payment of the Management Fee as provided in Section 5.1 hereof, the Practice hereby expressly authorizes Professional Business Manager to make withdrawals of the Management Fee from the Professional Practice Account as such fee becomes due and payable during the Term in accordance with Section 3.10(a) and after termination as provided in Section 6.3. Professional Business Manager shall deliver to the Practice an invoice for the Management Fee accompanied by a reasonably detailed statement of the information upon which the Management Fee calculation is based.

  • Payment Frequency As of the Cutoff Date and as shown on the books of CNHICA: (A) Receivables having an aggregate Statistical Contract Value of approximately 63.03% of the Aggregate Statistical Contract Value had annual scheduled payments, (B) Receivables having an aggregate Statistical Contract Value of approximately 2.95% of the Aggregate Statistical Contract Value had semi-annual scheduled payments, (C) Receivables having an aggregate Statistical Contract Value of approximately 0.69% of the Aggregate Statistical Contract Value had quarterly scheduled payments, (D) Receivables having an aggregate Statistical Contract Value of approximately 28.60% of the Aggregate Statistical Contract Value had monthly scheduled payments, and (E) the remainder of the Receivables had irregularly scheduled payments.

  • Collateral Management Fee Borrower shall pay Lender as additional interest a monthly collateral management fee (the "COLLATERAL MANAGEMENT FEE") equal to 0.083% of the daily average amount of the balances under the Revolving Facility outstanding during the preceding month. The Collateral Management Fee shall be payable monthly in arrears on the first day of each successive calendar month (starting with the month in which the Closing Date occurs).

  • Payment of Charges All amounts chargeable to Borrower under Section 6 hereof shall be Obligations secured by all of the Collateral, shall be payable on demand and shall bear interest from the date such advance was made until paid in full at the rate applicable to Revolving Credit Loans from time to time.

  • Expense Accrual and Payment Services (1) For each valuation date, calculate the expense accrual amounts as directed by the Trust as to methodology, rate or dollar amount.

  • Monitoring System In each case in which the Custodian has exercised delegated authority to place Assets with a Foreign Custodian, the Custodian shall establish a system, to re-assess or re-evaluate selected Foreign Custodians, at least annually in accordance with Rule 17f-5(c)(3).

  • Investment Management Fee For services provided under subparagraph (b) of paragraph 1 of this Agreement, the Advisor agrees to pay the Sub-Advisor a monthly Investment Management Fee. The Investment Management Fee shall be equal to: (i) 50% of the monthly management fee rate (including performance adjustments, if any) that the Portfolio is obligated to pay the Advisor under its Management Contract with the Advisor, multiplied by: (ii) the fraction equal to the net assets of the Portfolio as to which the Sub-Advisor shall have provided investment management services divided by the net assets of the Portfolio for that month. If in any fiscal year the aggregate expenses of the Portfolio exceed any applicable expense limitation imposed by any state or federal securities laws or regulations, and the Advisor waives all or a portion of its management fee or reimburses the Portfolio for expenses to the extent required to satisfy such limitation, the Investment Management Fee paid to the Sub-Advisor will be reduced by 50% of the amount of such waivers or reimbursements multiplied by the fraction determined in (ii). If the Sub-Advisor reduces its fees to reflect such waivers or reimbursements and the Advisor subsequently recovers all or any portion of such waivers and reimbursements, then the Sub-Advisor shall be entitled to receive from the Advisor a proportionate share of the amount recovered. To the extent that waivers and reimbursements by the Advisor required by such limitations are in excess of the Advisor's management fee, the Investment Management Fee paid to the Sub-Advisor will be reduced to zero for that month, but in no event shall the Sub-Advisor be required to reimburse the Advisor for all or a portion of such excess reimbursements.

Time is Money Join Law Insider Premium to draft better contracts faster.