Procedures Without Lockbox Sample Clauses

Procedures Without Lockbox. In the event that Company elects to forego the procedures established in Sections 1.3 and 1.4, VERO II shall instruct the Collecting Bank to transfer automatically all amounts constituting good funds in the account or accounts of VERO II established for the collection of Governmental Receivables and Non-Governmental Receivables to Company's Main Account at _____________ __________, ____________________________, Account ______________ (the "Main Account") pursuant to a standing order in a form acceptable to Company's legal counsel. VERO II shall have no right or interest in Company's Main Account and such account shall be in the name of and under the control of Company. VERO II shall not, so long as any purchased account remains unpaid, change or cancel such standing order at any time, or, without the prior written consent of Company, change the instructions to each Account Debtor on each Governmental Receivable and Non-Governmental Receivable to make its payments to such account. Any such action shall be considered a breach of this Agreement for which Company shall be entitled to all remedies at law and in equity, including obtaining an injunction.
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Procedures Without Lockbox. It is MidSouth's intention to utilize the ---------------------------- Governmental Lockbox Account and Non-Governmental Lockbox Account procedure as provided in Section 6.2.6(a) and (b) unless circumstances change which would make the Governmental Lockbox Account and Non-Governmental Lockbox Account procedures inappropriate. The procedures under this subsection (c) for the collection of Accounts Receivable without a lockbox will not be instituted without approval of the Management Team. The Practice and MidSouth shall instruct the Collecting Bank to transfer automatically all amounts constituting good funds in the account or accounts of the Practice established for the collection of Governmental Receivables and Non-Governmental Receivables to the bank account established with the Lender pursuant to a standing order in a form acceptable to MidSouth's legal counsel (the "Bank Account"). In the event MidSouth exercises this option, the Practice shall instruct each Account Debtor with respect to the Purchased Accounts Receivable to remit all payments directly to the Collecting Bank account or accounts pursuant to a Notification Letter. In addition, the Practice shall attach written instructions to each invoice representing the Purchased Account Receivable generated subsequent to the date of this Agreement instructing such third-party payor or Account Debtor that payment under the invoice is to be paid to the Collecting Bank account or accounts. The Practice shall not, so long as any Purchased Accounts Receivable remain outstanding, change or cancel such standing order at any time, or, without the prior written consent of MidSouth, change the instructions to each Account Debtor on each Governmental Receivable and Non-Governmental Receivable to make its payments to such account. Any such action shall be considered a breach of this Agreement for which MidSouth shall be entitled to all remedies under Applicable Law and in equity, including obtaining an injunction.
Sample 1
Procedures Without Lockbox. In the event that IPS elects to forego the procedures established in Sections 7.5 and 7.6, Provider shall instruct the Collecting Bank to transfer automatically all amounts constituting collected funds in the account or accounts of Provider established for the collection of Governmental and Non-Governmental Receivables to IPSs Main Account pursuant to a standing order in form and substance acceptable to IPS and its legal counsel. Provider shall have no right or interest in IPSs Main Account and such account shall be in the name of and under the control of IPS. Provider shall not, so long as any Assigned Accounts Receivable remain unpaid, change or cancel such standing order at any time, or, without the prior written consent of IPS, change the instructions to any Account Debtor of each Governmental Receivable and Non-Governmental Receivable to make its payments to such
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Procedures Without Lockbox. In the event that SCN elects to forego the procedures established in Sections 8.4.7.1 and 8.4.7.2, OSMC II shall instruct the Collecting Bank to transfer automatically all amounts constituting good funds in the account or accounts of OSMC II established for the collection of Governmental Receivables and Non-Governmental Receivables to SCN's Main Account at _____________ __________, ____________________________, Account ______________ (the "Main Account") pursuant to a standing order in a form acceptable to SCN's legal counsel. OSMC II shall have no right or interest in SCN's Main Account and such account shall be in the name of and under the control of SCN. OSMC II shall not, so long as any purchased account remains unpaid, change or cancel such standing order at any time, or, without the prior written consent of SCN, change the instructions to each Account Debtor on each Governmental Receivable and Non-Governmental Receivable to make its payments to such account. Any such action shall be considered a breach of this Agreement for which SCN shall be entitled to all remedies at law and in equity, including obtaining an injunction.
Sample 1
Procedures Without Lockbox. In the event that Company elects to forego the procedures established in Sections 1.3 and 1.4, TOC shall instruct the Collecting Bank to transfer automatically all amounts constituting good funds in the account or accounts of TOC established for the collection of Governmental Receivables and Non-Governmental Receivables to Company's Main Account at _____________ __________, ____________________________, Account ______________ (the "Main Account") pursuant to a standing order in a form acceptable to Company's legal counsel. TOC
Sample 1

Related to Procedures Without Lockbox

  • Procedures for Providing NP Through Full NXX Code Migration Where a Party has activated an entire NXX for a single Customer, or activated at least eighty percent (80%) of an NXX for a single Customer, with the remaining numbers in that NXX either reserved for future use by that Customer or otherwise unused, if such Customer chooses to receive Telephone Exchange Service from the other Party, the first Party shall cooperate with the second Party to have the entire NXX reassigned in the LERG (and associated industry databases, routing tables, etc.) to an End Office operated by the second Party. Such transfer will be accomplished with appropriate coordination between the Parties and subject to appropriate industry lead times for movements of NXXs from one switch to another. Neither Party shall charge the other in connection with this coordinated transfer.

  • Changes in Accounting Procedures Any resolution passed by the Board of Trustees that affects accounting practices and procedures under this Agreement shall be effective upon written receipt of notice and acceptance by USBFS.

  • Accounting Procedures 7.3.1. Principal and Interest Computation.......................... 7.3.2.

  • Special Rules for New Accounts If you are a new member, the following special rules will apply during the first 30 days your account is open. Funds from electronic direct deposits to your account will be available on the day we receive the deposit. Funds from deposits of cash, wire transfers, and the first $5,525.00 of a day’s total deposits of cashier’s, certified, teller’s, traveler’s, and federal, state, and local government checks will be available on the first business day after the day of your deposit if the deposit meets certain conditions. For example, the checks must be made payable to you. The excess over $5,525.00 will be available on the ninth business day after the day of your deposit. If your deposit of these checks (other than a U.S Treasury check) is not made in person to one of our employees, the first $5,525.00 will not be available until the second business day after the day of your deposit. Funds from all other check deposits will be available on the ninth business day after the day of your deposit.

  • Your Rights If You Are Dissatisfied With Your Credit Card Purchases If you are dissatisfied with the goods or services that you have purchased with your credit card, and you have tried in good faith to correct the problem with the merchant, you may have the right not to pay the remaining amount due on the purchase. To use this right, all of the following must be true:

  • Closing Procedures Subject to satisfaction or waiver by the relevant Party of the conditions of Closing, on the Closing Date, the Sellers shall deliver actual possession of the Purchased Interest to the Purchaser and upon such delivery the Purchaser shall pay and issue the Purchase Price in accordance with Section 2.3.

  • Important Information About Procedures for Opening a New Account To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial organizations to obtain, verify, and record information that identifies each person who opens an account. What this means for you: When you open an account, you are required to provide your name, residential address, date of birth, and identification number. We may require other information that will allow us to identify you.

  • Credit Card Agreements Each Borrower and Guarantor shall (a) observe and perform all material terms, covenants, conditions and provisions of the Credit Card Agreements to be observed and performed by it at the times set forth therein; (b) not do, permit, suffer or refrain from doing anything, as a result of which there could be a default under or breach of any of the terms of any of the Credit Card Agreements and at all times maintain in full force and effect the Credit Card Agreements and not terminate, cancel, surrender, modify, amend, waive or release any of the Credit Card Agreements, or consent to or permit to occur any of the foregoing; except, that, any Borrower or Guarantor may terminate or cancel any of the Credit Card Agreements in the ordinary course of the business of such Borrower or Guarantor; provided, that, such Borrower or Guarantor shall give Agent not less than ten (10) Business Days prior written notice of its intention to so terminate or cancel any of the Credit Card Agreements; (c) not enter into any new Credit Card Agreements with any new Credit Card Issuer unless Agent shall have received not less than ten (10) Business Days prior written notice of the intention of such Borrower or Guarantor to enter into such agreement (together with such other information with respect thereto as Agent may request) and such Borrower or Guarantor delivers, or causes to be delivered to Agent, a Credit Card Acknowledgment in favor of Agent; (d) give Agent immediate written notice of any Credit Card Agreement entered into by such Borrower or Guarantor after the date hereof, together with a true, correct and complete copy thereof and such other information with respect thereto as Agent may reasonably request; (e) furnish to Agent, promptly upon the request of Agent, such information and evidence as Agent may require from time to time concerning the observance, performance and compliance by such Borrower or Guarantor or the other party or parties thereto with the terms, covenants or provisions of the Credit Card Agreements; and (f) not modify any instructions given by Agent to any Credit Card Issuer or Credit Card Processor provided for in any Credit Card Acknowledgement or otherwise direct the remittance of payments under any Credit Card Agreement to any account other than the Blocked Account.

  • Billing Procedures The Supporting Party will xxxx the Protecting Party for actual costs incurred for Assistance by Hire. Reimbursements will be limited to the provisions of the Agreement and the applicable OP, regardless of whether or not it is authorized on the Resource Order or other documentation produced by the incident. Reimbursable costs may include transportation, salary, overtime, per diem and other approved expenses of Supporting agency personnel. Rates and conditions of use for the equipment and personnel are documented in the OP. Parties shall submit a xxxx within 90 days of the incident. Parties must use their own invoice form for billing under this Agreement to avoid any confusion with other services that may have been ordered under other agreements. Invoices must identify Supporting Party’s name, address, and Taxpayer Identification Number (Department only), fire name, order and request number, and xxxx number and amount. Invoice supporting documentation must include description of services performed, period of services performed, and any applicable cost share agreements. Supporting documentation will itemize details of billing, listing personnel, equipment, travel and per diem, aircraft, supplies and purchases as approved in the attached AOP. It will also include itemized deductions for maintenance and repair of equipment. Department invoices will include “Record of Activities” (FSLA-5) and U.S. Forest Service invoices will include transaction register. Invoices for services under this agreement must be sent to: Name: Xxxx Xxxxxx-Xxxxx, ECC Manager Address: 0000 Xxxxxxxxx Xxxxx Xxxx, Xxxxx, Xxx: Xxxxxxxxxx, XX 00000 Telephone: (000) 000-0000 FAX: (000) 000-0000 Email: xxxxxxxxxxxx@xx.xxx.xx Name: Spalding Community Service District Address: 000-000 Xxxxxxxx Xxx Xxxx, Xxxxx, Xxx: Xxxxxxxxxx, XX 00000 Telephone: (000) 000-0000 FAX: (000) 000-0000 Email: xxxxxxxxxxxxx@xxxxxxx.xxx All bills will have a payment due date 30 days upon receipt. Contested Xxxxxxxx: Written notice that a xxxx is contested will be mailed to the Party within 30 days of receipt of the invoice and will fully explain the contested items. Contested items should be resolved no later than 60 days following receipt of the written notice. Parties are responsible for facilitating resolution of contested xxxxxxxx. Billing requirements and rates are documented in the attached OP.

  • Special Rule for Credit Card Purchases If you have a problem with the quality of property or services that you purchased with a credit card, and you have tried in good faith to correct the problem with the merchant, you may have the right not to pay the remaining amount due on the property or services. There are two limitations on this right:

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