Sources of Payment Clause Samples

Sources of Payment. (a) The parties agree and acknowledge that the source(s) of fees provided for pursuant to this Agreement may, at the discretion of MFS, be comprised of any one or more of the following: (i) shareholder servicing payments paid directly or indirectly by MFSC and reimbursed by the Funds, (ii) Rule 12b-1 service fees paid by the Funds to MFD, and indirectly to the Service Provider in accordance with the Funds’ Rule 12b-1 Plan, or (iii) program servicing fees, paid by MFS or their affiliates from their own resources. The source of payment may change from time to time among these sources at MFS’ discretion, and MFS shall have no obligation to inform the Service Provider as to the source(s) of any payments. (b) The Service Provider acknowledges that it shall not be entitled to any Administrative Fees to the extent that it fails to provide MFS with the information and certifications requested by MFS pursuant to Section 15 of this Amendment.

Sources of Payment. The source for payment of the allowable charges and fees billed pursuant to this Contract are as follows: A. Any and all resources, assets or monies available to the Resident; B. Any and all resources, assets or monies available to the Responsible Party, if any; C. Any and all resources, assets or monies available from any private or Public insurance policy or program; D. Any and all Social Security payments’ Other (specify):

Sources of Payment. The principal of, and accrued interest on, this Note shall be payable prior to the Maturity Date to the extent of any Net Cash Flow and Net Cash Proceeds of the Issuer.

Sources of Payment. Notwithstanding the foregoing, Contractor shall not be required to implement any Change in the Work in excess of an aggregate value of NZ$25,000 (Twenty Five Thousand New Zealand Dollars) for all Changes in the Work until adequate assurances have been provided to Contractor by Owner of sources of payment by means acceptable to Contractor to pay for any increased costs and any extensions in time.

Sources of Payment. All payments provided under this Agreement, other than payments made pursuant to a plan which provides otherwise, shall be paid from the general funds of the Company, and no special or separate fund shall be established, and no other segregation of assets made, to assure payment.

Sources of Payment. Prior to the issuance of the first series of Bonds, the City agrees to levy the Special Taxes on Developed Property at 100% of the Assigned Special Tax rate pursuant to, and as defined in, the Rate and Method. Such Special Taxes levied and collected prior to the issuance of the Bonds that are not required to pay Administrative Expenses (as defined in the Rate and Method), including any prepayment of Special Taxes prior to the issuance of Bonds, shall be referred to as “Available Special Taxes” and shall be deposited in a fund or account of the City (the “CFD No. 2024 1 Project Account”). Funds may be disbursed from the CFD No. 2024 1 Project Account in the following priority: (i) First, to pay or reimburse the Sewer Capacity Charges obligation, PFDIF obligation and Park DIF obligation of the Development Project, as determined by the City; and (ii) Second, to pay the Purchase Price of the Improvement. Following the issuance of Bonds, the City shall levy Special Taxes to meet the Special Tax Requirement in the Rate and Method, provided, however, Special Taxes shall not then be levied to pay for eligible development impact fees and the acquisition or construction of eligible facilities. The Purchase Price or any increment thereof for the Improvement shall be payable to the Developer from (a) those proceeds of the sale of each series of Bonds deposited in the acquisition account (“Acquisition Account”) of the project fund (the “Project Fund”) established pursuant to the indenture or fiscal agent agreement for the Bonds (the “Indenture”) and (b) funds in the CFD No. 2024 1 Project Account, if any, pursuant to the priority set forth above. The funds deposited in the Project Fund and the CFD No. 2024 1 Project Account shall be referred to as “Eligible Improvement Proceeds.” The Eligible Improvement Proceeds available from the sale of Bonds shall be the amount in excess of (i) all costs of formation of CFD No. 2024-1 and all costs of issuance of such Bonds, (ii) deposits of accrued and capitalized interest to the redemption fund, (iii) deposits of amounts equal to the Development Project’s Sewer Capacity Charges obligation, Park DIF obligation and the PFDIF obligation to the Acquisition Account, respectively, of the Project Fund and (iv) the initial deposit to the reserve fund Upon the issuance of Bonds, any funds then remaining in the CFD No. 2024 1 Project Account shall be transferred to the applicable accounts of the Project Fund.

Sources of Payment. To the extent any party hereto or any of its Affiliates is entitled to indemnification for Losses under this Article IX and such entitlement has either not been disputed by the other party hereto within the time periods established in this Article IX or any dispute related thereto has been resolved in favor of such party in accordance with this Article IX (and such resolution has become final and non-appealable), then such party or Affiliate may (but shall not be required to) set off such amounts against (and deduct them from) any amounts owing to the other party or any of its Affiliates under this Agreement or any Related Agreement but only with respect to any indemnification right which has been so resolved and become final and non-appealable. The foregoing right is in addition to any other rights that the parties may have for indemnification.

Sources of Payment. MVP’s rights apply to any payments made to or on behalf of an Enrollee from third-party sources, including, but not limited to: (1) payments made by a tortfeasor or any insurance company on behalf of such third-party tortfeasor, (2) any payments or awards under an uninsured or undersinsured motorist automobile policy,

Sources of Payment i. The parties agree and acknowledge that the source(s) of fees provided for pursuant to this Agreement may, at the discretion of MFS, be comprised of any one or more of the following: (i) shareholder servicing payments paid directly or indirectly by MFSC and reimbursed by the Funds, (ii) Rule 12b-1 service fees paid by the Funds to MFD, and to inform the Service Provider as to the source(s) of any payments. ii. The Service Provider acknowledges that it shall not be entitled to any Additional Fee to the extent that it fails to provide MFS with the of this Agreement.