Transfer of Amounts Sample Clauses
The 'Transfer of Amounts' clause defines the procedures and obligations for moving funds or payments between parties under an agreement. Typically, it outlines when and how payments must be made, the acceptable methods of transfer (such as wire transfer or check), and any conditions that must be met before a transfer occurs. This clause ensures that both parties understand the timing, method, and requirements for financial transactions, thereby reducing the risk of disputes or delays related to payments.
Transfer of Amounts. Amounts improperly or inadvertently deposited into any Collateral Account shall be transferred by the Collateral Agent into the correct Collateral Accounts. Any withdrawals and transfers hereunder shall only be made to the extent that sufficient funds are then available (including as Permitted Investments) in the Collateral Account from which such withdrawal is to be made.
Transfer of Amounts. Deposited in the Lock Box Accounts to the Concentration Accounts. Company shall cause all amounts deposited in each Lock Box Account to be automatically transferred on each Business Day to the applicable Concentration Account in accordance with the terms of the applicable Lock Box Agreement.
Transfer of Amounts. Without prejudice to any other provisions set forth in this Agreement, the Party that has received any amounts that should have been allocated to the other Party (and/or Affiliates thereof) shall transfer such amounts to the other Party within five (5) Business Days from the respective receipt date, subject to the provisions set forth in Clause 7.7.
Transfer of Amounts. In general
Transfer of Amounts. Amounts improperly or inadvertently deposited into any Collateral Account shall be transferred by Depository Bank upon written instructions of Administrative Agent into the correct Collateral Accounts. [***] Confidential treatment has been requested for the bracketed portions. The confidential redacted portion has been omitted and filed separately with the Securities and Exchange Commission. Administrative Agent shall, as soon as reasonably practicable, provide a copy of such instructions to Borrower. Any withdrawals and transfers hereunder shall only be made to the extent that sufficient funds are then available (including as Permitted Investments) in the Collateral Account from which such withdrawal is to be made.
Transfer of Amounts. Deposited in the Concentration Accounts to the BTCo Account. Borrower shall cause all available funds deposited in each Concentration Account to be transferred on each Business Day to the BTCo Account. Any amounts so transferred to the BTCo Account first shall be applied ----- as provided in subsection 2.4B(iii)(i) to the extent therein provided and thereafter, so long as no Event of Default or Potential Event of Default shall ---------- have occurred and be continuing, shall be available for disbursement to the applicable Loan Parties for working capital and other general corporate purposes.
Transfer of Amounts. Deposited in the Lock Box Accounts to the BTCo Account. Borrowers shall cause all amounts deposited in each Lock Box Account to be transferred on each Business Day to the BTCo Account in accordance with the terms of the applicable Lock Box Agreement.
Transfer of Amounts. Amounts improperly or inadvertently deposited into any Offshore Account shall be transferred by the Depositary into the correct Offshore Accounts as instructed by the Administrative Agent. With respect to amounts improperly or inadvertently deposited into any Onshore Account, the Administrative Agent shall instruct the Trustee to transfer such amount into the correct Onshore Account. Any withdrawals and transfers hereunder shall only be made to the extent that sufficient funds are then available (including as Permitted Investments) in the Project Account from which such withdrawal is to be made.
Transfer of Amounts. Amounts improperly or inadvertently deposited into any Collateral Account shall be transferred by Depository Bank upon written instructions of Lender into the correct Collateral Accounts. Lender shall provide a copy of such instructions to Borrower. Any withdrawals and transfers hereunder shall only be made to the extent that sufficient funds are then available (including as Permitted Investments) in the Collateral Account from which such withdrawal is to be made.
Transfer of Amounts. Deposited in the Concentration Accounts and Other Deposit Accounts to the BTCo Account. Company shall cause all amounts deposited in each Deposit Account of Contico in the United Kingdom to be automatically transferred to a Concentration Account or the BTCo Account upon the giving of notice by Agent (which notice shall be given only upon the occurrence and continuation of an Event of Default or a Potential Event of Default) or if any such Deposit Account has amounts exceeding the levels set forth in subsection 2.10A(iii)(c)(2). Company shall cause all amounts deposited in each Deposit Account of ▇▇▇▇▇ and Glit (other than a Lock Box Account) to be automatically transferred to a Concentration Account or the BTCo Account upon the giving of notice by Agent (which notice shall be given only upon the occurrence and continuation of an Event of Default or a Potential Event of Default) or if all Deposit Accounts of Glit have an aggregate amount exceeding $1,500,000 at any time (but only to the extent of such excess) or if all Deposit Accounts of ▇▇▇▇▇ have an aggregate amount exceeding $3,000,000 at any time (but only to the extent of such excess). Company shall cause all amounts deposited in each Concentration Account to be automatically transferred to the BTCo Account on each Business Day. Company shall cause all amounts deposited in any other Deposit Account (including zero balance accounts and other disbursement accounts which are subject to Blocked Account Agreements which do not require an automatic daily transfer to the BTCo Account) to be transferred to the BTCo Account on each Business Day upon giving of notice by Agent (which notice shall be given only upon the occurrence and continuation of an Event of Default or a Potential Event of Default). Any amounts so transferred to the BTCo Account first shall be applied as provided in subsection 2.4B(iii)(h) to the extent ----- therein provided and thereafter, so long as no Event of Default or Potential ---------- Event of Default shall have occurred and be continuing, shall be available for disbursement to the applicable Loan Parties for working capital and other general corporate purposes.