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Recovery Operations Sample Clauses

Recovery Operations. During the recovery phase of an emergency, the Executive Board shall provide advice to the members of the Council regarding rebuilding and cost recovery. The Executive Board shall direct the Operational Area Manager, as designated in Section H of this Agreement, to coordinate with the State Office of Emergency Services as needed in this process.
Recovery Operations. Accounts which (i) have been placed for collection with an attorney or collection agency by Hanover prior to the Funding Date or, with respect to Gump's Accounts, prior to the Gump's Funding Date, or (ii) are RPR Indebtedness as of the Funding Date or, with respect to Gump's Accounts, as of the Gump's Funding Date may at Hanover's selection by thirty (30) days prior written notice to GE Capital, be converted by Hanover and transferred to the National Recovery Operation of GE Capital, even if not purchased by GE Capital but which are included in the security interest taken by GE Capital pursuant to Section 5.1(b) hereof. Hanover shall transmit to National Recovery Operation such Accounts within ten (10) Business Days after the Funding Date or Gump's Funding Date, as applicable, by a computer tape compatible and in accordance with the normal operating procedures of the National Recovery Operation. Following the Funding Date or the Gump's Funding Date, as applicable, by a computer tape compatible and in accordance with the normal operating procedures of the National Recovery Operation. Following the Funding Date or the Gump's Funding Date, as applicable, the records relating to RPR Indebtedness repurchased by Hanover may, at Hanover's election by thirty (30) days prior written notice to GE Capital, also be maintained by the National Recovery Operation. For maintained by the National Recovery Operation. For maintaining the account file, managing the agencies and reporting collections, Hanover shall pay to GE Capital an amount equal to fifteen percent (15%) of gross monies received as payments on such Accounts, plus actual collection agency or attorneys' fees and other out-of-pocket expenses. GE Capital shall pay to Hanover the amount of such recoveries, less the fees and charges specified in the previous sentence, provided that, if GE Capital exercised its remedies under Section 13.2(a) hereof, such recoveries shall be withheld by GE Capital and credited to the Reserve Account. Hanover shall have the right throughout the term

Related to Recovery Operations

  • Operational All expenses for running and operating all machinery, equipments and installations comprised in the Common Areas, including elevators, diesel generator set, changeover switch, pump and other common installations including their license fees, taxes and other levies (if any) and expenses ancillary or incidental thereto and the lights of the Common Areas and the road network.