Payments Records Sample Clauses

The PAYMENTS; RECORDS clause establishes the obligations of a party to make timely payments and to maintain accurate records related to those payments. Typically, this clause outlines the methods and schedules for payment, as well as the requirement to keep detailed financial records that can be reviewed or audited by the other party upon request. Its core function is to ensure transparency and accountability in financial transactions, reducing the risk of disputes over payment amounts or timing.
Payments Records. (a) Payment will be made upon submission of properly certified training reports. Worksite shall maintain time and attendance records sufficient to support all payments and maintain effective control and accountability over all funds, property and assets covered by the Agreement.
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Payments Records and Audit of the License Agreement as previously amended is hereby amended and clarified by replacing subparagraph (a) of said Paragraph 2 Payments, Records and Audit with the following which shall be effective for all Products henceforth: (a) FTA shall pay VLPI a license fee (the "Fee") o on Old Products as defined in this Amendment and listed under Old Products on "EXHIBIT B MARCH 2004" equal to 2.5 basis points per Calendar Quarter or 10 basis points per year of the average gross total daily assets invested in the Product during each Calendar Quarter. The average gross total daily assets invested in the Product during each Calendar Quarter is referred to as "Average Assets," o on New Products as defined in this amendment and listed under New Products on "EXHIBIT B MARCH 2004" equal to 3.75 basis points per Calendar Quarter or 15 basis points per year of Average Assets.
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Payments Records 
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Related to Payments Records

  • Documents, Records and Funds in Possession of the Servicer to be Held for the Trustee......................... Section 3.17

  • Documents, Records, etc All documents, records, data, apparatus, equipment and other physical property, whether or not pertaining to Confidential Information, which are furnished to the Executive by the Company or are produced by the Executive in connection with the Executive’s employment will be and remain the sole property of the Company. The Executive will return to the Company all such materials and property as and when requested by the Company. In any event, the Executive will return all such materials and property immediately upon termination of the Executive’s employment for any reason. The Executive will not retain with the Executive any such material or property or any copies thereof after such termination.

  • Documents, Records and Funds in Possession of the Master Servicer To Be Held for Trustee.

  • Plans; Documents; Records The Recipient shall retain all records (contracts, orders, invoices, bills, receipts and other documents) evidencing expenditures under the Financing until two years after the Closing Date. The Recipient shall enable the Association’s representatives to examine such records.”

  • Books, Records and Inspections The Borrower will, and will cause each Restricted Subsidiary to, permit officers and designated representatives of the Administrative Agent or the Required Lenders to visit and inspect any of the properties or assets of the Borrower and any such Subsidiary in whomsoever’s possession to the extent that it is within such party’s control to permit such inspection (and shall use commercially reasonable efforts to cause such inspection to be permitted to the extent that it is not within such party’s control to permit such inspection), and to examine the books and records of the Borrower and any such Subsidiary and discuss the affairs, finances and accounts of the Borrower and of any such Subsidiary with, and be advised as to the same by, its and their officers and independent accountants, all at such reasonable times and intervals and to such reasonable extent as the Administrative Agent or the Required Lenders may desire (and subject, in the case of any such meetings or advice from such independent accountants, to such accountants’ customary policies and procedures); provided that, excluding any such visits and inspections during the continuation of an Event of Default (a) only the Administrative Agent on behalf of the Required Lenders may exercise rights of the Administrative Agent and the Lenders under this Section 9.2, (b) the Administrative Agent shall not exercise such rights more than two times in any calendar year and (c) only one such visit shall be at the Borrower’s expense; provided further that when an Event of Default exists, the Administrative Agent (or any of its respective representatives or independent contractors) or any representative of the Required Lenders may do any of the foregoing at the expense of the Borrower at any time during normal business hours and upon reasonable advance notice. The Administrative Agent and the Required Lenders shall give the Borrower the opportunity to participate in any discussions with the Borrower’s independent public accountants.