Examples of Service Accounts in a sentence
Operator shall pay T&D Pass-Through Expenditures in accordance with Section 7.5 (Service Accounts).
Owner shall provide evidence satisfactory to ManagementCo that it has opened the Service Accounts and that each Service Account shall have been funded by such date and in an amount not less than the amount required to be funded in accordance with Section 7.5 (Service Accounts).
For all other Service Accounts, you will receive a periodic statement at least quarterly or as required by applicable law or the terms of the respective deposit agreements regarding such Service Accounts.
Owner shall also fund the Service Accounts in the manner contemplated hereunder for Operator’s payment of T&D Pass-Through Expenditures (including Excess Expenditures), Capital Costs and Outage Event Costs (without limiting Owner’s indemnity or other obligations hereunder).
A request to transfer funds between Service Accounts may be scheduled for a future date.
You should review each agreement governing your accounts, including Service Accounts, for any applicable fees, limitations on the number of transactions you can make, and other restrictions that might impact your use of an account within the Service.
The Service allows you to transfer funds among your eligible Service Accounts held at First Merchants Bank.
At the end of Your twenty-four (24) month Subscription Term, Your Service Account's storage allotment will revert to 15GB of free storage.
Subject to and conditioned on the Generation Expenditures Accounts being funded in accordance with Section 7.5(e) (Service Accounts – Generation Expenditures Accounts), Operator shall pay Generation Pass-Through Expenditures in accordance with Section 7.5 (Service Accounts).
Owner acknowledges that Operator will rely on (i) the certifications, resolutions, authorizations and approvals referred to in Section 2.2 (Effective Date) and (ii) the funding of the Service Accounts by Owner in the manner contemplated hereunder, in each case in order for Operator to (A) perform the O&M Services under this Agreement and (B) have the opportunity to earn the Service Fee in full.