Remittance of Funds. On each Remittance Date the Servicer shall transfer, to the extent not previously transferred as required pursuant to Section 6.1.3(e), from the funds in (or required hereunder to be in) the respective Custodial P&I Account as of the close of the Business Day immediately preceding the Determination Date in the month of such Remittance Date to the related Certificate Account, the following (other than any Amounts Held for Future Distribution in respect of such Remittance Date not exceeding the Threshold Amount and any amounts permitted to be retained by the Servicer or withdrawn from such account by the Servicer pursuant to the terms of this Agreement):
(a) all payments on account of principal (including Prepayments in Full and Curtailments received during the Applicable Unscheduled Principal Receipt Period) and interest (other than payments of interest related to any Unscheduled Principal Receipt as to which the Applicable Unscheduled Principal Receipt Period is a Mid-Month Receipt Period received by the Servicer on or before the last day of the Applicable Unscheduled Principal Receipt Period ending in the month in which such prepayment occurs), all net REO Disposition proceeds and proceeds received from any condemnation award or proceeds in lieu of condemnation other than that portion of such proceeds released to the mortgagor in accordance with the terms of the Mortgage Loan Documents or Prudent Servicing Practices;
(b) all net Liquidation Proceeds, all net Partial Liquidation Proceeds and Insurance Proceeds, other than any portion of Insurance Proceeds to be applied to the restoration or repair of the related Mortgaged Property or released to the Borrower in accordance with the requirements of law or Prudent Servicing Practices;
(c) all P&I Advances made by the Servicer;
(d) the Purchase Price, or portion thereof, paid for any Mortgage Loans or property acquired in respect thereof repurchased or substituted by a Representing Party; and
(e) all other amounts required to be deposited in the Custodial P&I Account or the Certificate Account pursuant to this Agreement.
(f) Notwithstanding Section 18.3.1, the Servicer shall be entitled to withhold and to pay to itself the applicable Servicing Fee (as adjusted pursuant to Section 7.6.1) from any payment on account of interest or other recovery (including Net REO Proceeds) as received and prior to deposit of such payments in the Certificate Account; provided further that with respect to any payment of interest ...
Remittance of Funds. 4.3.11.1 Funds deducted on behalf of the Association pursuant to this Article will be remitted to the Association within five (5) working days of the close of the preceding pay period, provided the District shall not be responsible for delays beyond its control.
4.3.11.2 The District will provide the Association with a statement accompanying the remittance indicating the amount of the deductions during the preceding pay period and the amount to be remitted to the Association.
Remittance of Funds. 20.3.10.1 Funds deducted on behalf of the Federation pursuant to this Article will be remitted to the Federation within five (5) working days of the close of the preceding pay period, provided the District shall not be responsible for delays beyond its control.
20.3.10.2 The District will provide the Federation with a statement accompanying the remittance indicated the amount of the deductions during the preceding pay period and the amount to be remitted to the Federation.
Remittance of Funds. (A) All Funds and Check-Off payments shall be recorded and itemized on a remittance form. Remittance forms for the I.U.P.A.T. District Council 39 shall be supplied by the I.U.P.A.T. Atlantic Provinces Benefit Trust Fund and remittance forms for the CLRA Industry Improvement Fund are available at xxx.xxxxxx.xx or by phone at 000-000-0000. Remittance forms shall make provisions for the listing of each employee’s name, social insurance number and number of hours paid.
(B) An Agreement between the parties of the Collective Agreement, the Administrator appointed from time to time by the parties, the various Trustees and/or organizations having responsibility for the receipt, collection and administration of all the various funds pursuant to the Collective Agreement shall be signed by the various participants. The employers party to this Collective Agreement whether or not directly signatory to the Collective Agreement hereby irrevocably designate the “Union” and the “NSCLRA” as the parties responsible for amending or adjusting the specific monetary amounts required pursuant to the various funds and check-off payments required from time to time.
(C) Either Party shall have the authority to utilize the arbitration procedures set forth herein for the collection of delinquent accounts for individual contributions required to be made pursuant to this Article. Any arbitrator appointed pursuant to this clause is hereby expressly conferred jurisdiction to deal with the awarding of contributions, damages and all related costs.
(D) If the employer has no employees during a given month, he shall submit a “Nil Report” unless it is clearly understood by all parties that he has declared himself out-of-business in writing.
(E) No discrimination will be made by the Administrator between one Fund or any other Fund when there is a failure on the part of the employer to remit as specified by the Agreement.
(F) Any changes to the design of the I.U.P.A.T. District Council 39 Remittance Form will be approved by the Trustees of the IUPAT Atlantic Provinces Benefit Trust Fund.
(G) All monies required for the various Funds and Dues Check-Offs required by the Collective Agreement are deemed to be held in Trust by the employer until remitted as aforesaid.
Remittance of Funds. Employee shall cause all fees, charges, funds, and other amounts received by Employee to be remitted to the applicable office of Company in accordance with Company Policies.
Remittance of Funds. Upon execution of this Agreement and the appropriation of funds to eligible projects in the Tentative District Educational Facilities Plan by the School Board, the County shall remit to the School Board all impact fee revenues and accrued interest that have been collected since the inception of the program less the administrative fee and any refunds that have been given and less any prior remittances. Such remittance shall be made as described below.
Remittance of Funds. 5.10.1 Funds deducted on behalf of CAUSE pursuant to this Article will be remitted to CAUSE within ten (10) working days of the close of the preceding pay period, provided the District shall not be responsible for delays beyond its control.
5.10.2 Such deduction shall be made only upon the submission of a duly executed and revocable authorization by the employee or otherwise as set out in 5.4 above.
5.10.3 The District shall not be obligated to put into effect any new, changed or discontinued deduction until the pay period commencing fifteen (15) days or more after such submission.
5.10.4 District must be provided thirty (30) day notice prior to the District implementing any changed payroll deduction.
Remittance of Funds. Employee deductions for any calendar month shall be remitted to the Secretary/Treasurer of AFSCME/AFL-CIO Michigan Council 25, 0000 X. Xxxxxxxxxx Avenue, Lansing, Michigan 48906 not later than ten (10) working days following the end of said month.
Remittance of Funds. (a) Any interest, commissions, fees and other payments, including without limitation, payments in respect of principal and interest, received by Seller Parties or any Affiliate thereof relating to the Acquired Business after the Closing Date in any capacity, whether accrued prior to or on the Closing Date, including with respect to any TFFC MV Lease, franchise or other Contract included in the Acquired Business, shall as of the Closing Date be for the account of Buyer. Any such amounts received by Seller Parties and their Affiliates after the Closing Date shall be received by Seller Parties and their Affiliates in trust for Buyer and Seller Parties will, and will cause their Affiliates to, subject to the consummation of the Closing, immediately pay such amounts to an accounted designated by Buyer upon receipt thereof.
(b) Any interest, commissions, fees and other payments, including payments in respect of principal and interest, received by Buyer in any capacity in respect of any Excluded Asset or Retained Business (whether because the Closing has not yet occurred or otherwise) shall be received by Buyer in trust for Seller Parties and Buyer will immediately pay such amounts to an account designated by Seller upon receipt thereof.
Remittance of Funds. 8.1 By giving the Bank any Instruction to transfer funds by wire from the Account to any receiving bank, financial institution or other entity, the Accountholder agrees to provide the Bank with an accurate account number designating the account to receive such funds. The Accountholder acknowledges that the Bank, and any receiving bank, financial institution or other entity may be under no obligation to verify the identity of the beneficiary of the funds transfer and may rely exclusively upon the account number provided by the Accountholder.
8.2 The Accountholder agrees that the remittance is to be dispatched entirely at his own risk. It is agreed that the Bank will not be liable for any loss or damage due to any delay in payment or giving advice of payment, any error, omission, mutilation, interruption or delay in transmission of any item in connection with the remittance or its application or the actions of the Bank’s correspondents, agents or staff, or any act or event beyond the Bank’s control.
8.3 The Bank is not responsible to advise the Accountholder of any exchange control or other similar restriction which may be imposed by the relevant laws and regulations of the country where payment of the remittance is to be effected and shall not be liable for any loss or delay resulting from such control or restriction. The Accountholder is advised to make his own enquiries as to any such control or restriction.
8.4 The Bank may send message relating to the remittance either in words or in cipher and shall not be liable for any misinterpretation of the message or any part thereof by any of the Bank’s correspondents.
8.5 The Bank may make payment of any remittance at a place different from that specified by the Accountholder in the application form if the Bank may consider the circumstances so require.
8.6 In the absence of any Instruction to the contrary, payment of the remittance will be effected in the currency of the country in which the payment is actually made.
8.7 All charges incurred outside Hong Kong are for account of the beneficiary unless specified.
8.8 Where the Bank is unable to provide a firm exchange rate quotation, the Bank shall effect the remittance on the basis of a provisional exchange rate which shall be subject to adjustment when the actual exchange rate is ascertained. Any difference between the provisional rate and the actual rate shall be debited or credited (as the case may be) to the Account.
8.9 If payment is to be made on a partic...
