Common use of Payment of the Funding Clause in Contracts

Payment of the Funding. 5.1 Subject to compliance by the Beneficiary with its obligations set out in this Agreement, the PCC shall pay the Funding to the Beneficiary in accordance with the timetable for payment set out in the Schedule to the Beneficiary's nominated bank account notified to the PCC in writing on or before the Commencement Date. Any payment of the whole or any part of the Funding is subject to the PCC having the available funds to make the specified payment on the due date.

Appears in 3 contracts

Samples: Funding Agreement, Funding Agreement, Funding Agreement

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Payment of the Funding. 5.1 Subject to compliance by the Beneficiary with its obligations set out in this Agreement, the PCC shall pay the Funding to the Beneficiary in accordance with the timetable for payment by instalments as set out in the Schedule to the the‌ Beneficiary's nominated bank account notified to the PCC in writing on or before the Commencement Date. Any payment of the whole or any part of the Funding is subject to the PCC having the available funds to make the specified payment on the due date.

Appears in 1 contract

Samples: Terms and Conditions of Funding Agreement

Payment of the Funding. 5.1 Subject to compliance by the Beneficiary with its obligations set out in this Agreement, the 4.1 The PCC shall pay the Funding to the Beneficiary in accordance with the timetable for payment set out in the Schedule Funding Letter to the Beneficiary's nominated bank account notified to the PCC in writing on or before the Commencement Date. Any payment of the whole or any part of provided that the Funding is subject to Conditions outlined in the PCC having the available funds to make the specified payment on the due dateFunding Letter have been met.

Appears in 1 contract

Samples: Agreement

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Payment of the Funding. 5.1 Subject to compliance by the Beneficiary with its obligations set out in this Agreement, the PCC shall pay the Funding to the Beneficiary in accordance with the timetable for payment by instalments as set out in the Schedule to the Beneficiary's nominated bank account notified to the PCC in writing on or before the Commencement DateSchedule. Any payment of the whole or any part of the Funding is subject to the PCC having the available funds to make the specified payment on the due date.

Appears in 1 contract

Samples: Funding Agreement

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