Separation of Funds. All money received from the Client or a Person authorised by the Client is held in trust in a separate Client Bank Account. The Client agrees and acknowledges that:
Separation of Funds. The Subrecipient shall certify that the Subrecipient's financial system is in accordance with the standards specified in OMB Circular 110, or 24 CFR Part 84.
Separation of Funds. All Foundation assets (including bank and investment accounts) shall be held in separate accounts in the name of the Foundation using Foundation's Federal Employer Identification Number. The financial records of the Foundation shall be kept using a separate chart of accounts. For convenience purposes, some Foundation expenses may be paid through the University such as payroll and campus charges. These expenses will be paid through accounts clearly titled as belonging to the Foundation and shall be reimbursed by the Foundation on a regular basis.
Separation of Funds. The Depositor and the Escrow Agent agree that the escrow account shall be a separate account apart from all other accounts.
Separation of Funds. To ensure clarity and trust in the transaction process, the payment made to the Artist for the sale of Artwork shall be separate and distinct from the Platform Fee. The Platform shall facilitate the direct payment from the buyer to the Artist's designated account, along with the separate collection of the Platform Fee.
Separation of Funds. The Depositor and the Escrow Agent agree that the escrow account shall be a separate account apart from all other accounts. The escrow account shall be the sole escrow fund maintained by the Depositor pursuant to the Act for the sanitary landfill facility designated above. In cases where a Depositor has ownership or control over more than one sanitary landfill in the State of New Jersey, a separate escrow account shall be established for each facility.
Separation of Funds. Manager shall establish, in the name of the Company, a bank account in a federally insured bank. Manager shall deposit all receipts from the Business in such bank account. Funds may be withdrawn from such bank account on the signature of Manager or a representative of the Company.
