Transmission of Funds Sample Clauses

Transmission of Funds. The College shall use its best effort to transmit to the AAUP all of the deducted dues, fees, and/or assessments of the members of the Chapter and the fair share representation fees of the non-AAUP members of the bargaining unit.
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Transmission of Funds. The Credit Union may employ any reasonable means it chooses for the transmission of funds pursuant to a
Transmission of Funds. The College shall use its best efforts to transmit to the Union all of the deducted dues,fees, and/or assessments of the members of the union and the fair share representation fees of the non-union members of the bargaining unit no later than the fifth (5th) day after the day on which the deduction was made. The Union will defend, indemnify, and hold harmless the College for its efforts in transmitting funds of all affected dues, fees and/or assessments.
Transmission of Funds. The Credit Union may employ any reasonable means it chooses for the transmission of funds pursuant to a Payment Order. The Credit Union is not responsible for (i) performance failure as a result of an interruption in transfer facilities, labor disputes, power failures, equipment malfunctions, suspension of payment by another bank, refusal or delay by another bank to accept the wire transfer, war, emergency conditions, fire, earthquake, or other circumstances not within the Credit Union’s control; or (ii) for any other performance failure that is not a result of the Credit Union’s breach of this Agreement.
Transmission of Funds. The Trustee shall transmit to each holder of Bonds, by wire transfer of immediately available funds as provided in Schedule I hereto, or in such other manner as may be directed or to such other address in the United States of America as may be designated in writing by such holder, all funds received by it (whether by means of foreclosure on the Trust Estate or otherwise) that are payable in respect of the Bonds. (Nothing in this Section 7.3 shall be deemed to affect the Company's obligation to make payments in the manner provided in Section 5.1 (Direct Payment) of this Agreement). Such wire transmissions shall be made on the same day as the Trustee receives collected funds if such receipt occurs prior to 12:00 noon Hartford, Connecticut time on such day and, in all other cases, on the next succeeding Business Day.
Transmission of Funds. Borrower shall cause all funds credited to its Clearing Bank Account to be sent by federal funds wire transfer to the Payment Account.
Transmission of Funds. The Library shall transmit all of the deducted dues, fees, and/or assessments of the members of the Union and the fair share fees of the non-union members of the bargaining unit to the Union monthly, no later than the tenth (10th) day of the following month with a list of those employees from whom such deductions were made. It is specifically agreed that the Employer assumes no obligation, financial or otherwise, arising out of the provisions of this Article. The Union hereby agrees that it will indemnify and hold the Employer harmless from any claims, actions, or proceedings by any bargaining unit member arising from deductions made pursuant to this Agreement. Once the funds are remitted to the Union, their disposition thereafter shall be the sole and exclusive obligation and responsibility of the Union. The parties agree and understand that if a bargaining unit member files any action against the Employer and/or Union regarding the deductions made under this article, the deductions for all members shall cease immediately until final disposition of the action has occurred. In the event an action, claim or proceeding is filed or commenced regarding any fees, assessments or dues deducted pursuant to this article, the Union agrees it shall compensate or reimburse the Employer for all costs, fees and attorney fees the Employer may incur arising from such action, claim, or proceeding. Such costs and fees shall include all costs or reasonable value of administrative personnel of the Employer, including attorneys’ fees, involved in defending or responding to claims, actions, etc. regarding dues, fees or assessments, etc. collected on behalf of the Union by the Employer.
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Transmission of Funds. The Trustee shall transmit to each holder of Bonds, by wire transfer of immediately available funds as provided in Schedule I hereto, or in such other manner as may be directed or to such other address in the United States of America as may be designated in writing by such holder, all funds received by it (whether by means of foreclosure on the Mortgaged Property or otherwise) that are payable in respect of the Bonds. Except during the pendency of a Default or an Event of Default, such wire transmissions shall be made on the same day as the Trustee receives collected funds if such receipt occurs prior to 12:00 noon, Boston, Massachusetts time, on such day and, in all other cases, on the next succeeding Business Day.

Related to Transmission of Funds

  • Transmission The Custodian and the Fund shall comply with SWIFT’s authentication procedures. The Custodian will act on FT Instructions received via SWIFT provided the instruction is authenticated by the SWIFT system. § Written Instructions. Instructions may be transmitted in an original writing that bears the manual signature of an Authorized Person(s).

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