Payment Rights definition

Payment Rights means any right of any Obligor to the payment of money arising from the Disposition of any Inventory or rendition of services, whether such right to payment constitutes an Account or Payment Intangible or is evidenced by or consists of a Document, Instrument, Chattel Paper, Letter-of-Credit Right or Supporting Obligation.
Payment Rights shall have the meaning set forth in Section 5 hereof.
Payment Rights means rights to receive periodic payments under a structured settlement agreement, whether from the obligor or the annuity issuer.

Examples of Payment Rights in a sentence

  • Such services are essential to ensure the continuity of government operations, to provide for public safety, and to expedite the reestablishment of government services.

  • Payment rights arising under or from foreign exchange transactions.

  • Payment rights not to be granted within 30 days after the end of the DSAP claim period(2) The first objective is that a payment right must not be granted before the end of the 30-day period beginning at the end of the DSAP claim period.

  • Even short-term interruptions to the Debtors’ performance under Existing Customer Contracts can leave the Debtors with lost revenue or can give rise to Customer termination and Liquidated Damage Payment rights, thereby threatening the Debtors’ ability to afford current and future businesses expenses.

  • Year‌• Currency: Payments are made in Bangladesh taka (“BDT”) based on the currency exchange rate published by a large state-owned bank• Term: Usually 20 years• Security provided by the Offtaker: 2 months worth of payments Letter of Credit• Interconnection: Usually at the cost of the Generator• Payment rights during force majeure (“FM”) period: The main rule is that only energy payments apply during the FM period.


More Definitions of Payment Rights

Payment Rights means rights to receive periodic payments under a structured settle-
Payment Rights. The Pool Member shall make or be entitled to receive payments in respect of each Scheme Genset as determined in accordance with Section 27 of Schedule 9 notwithstanding the expiry of the period referred to in Clause 50.4.
Payment Rights has the meaning set forth in the PSA.
Payment Rights shall have the meaning given such term in Section 6.8.
Payment Rights has the meaning specified in the Acquisition Agreement as in effect on the Closing Date.
Payment Rights means all (i) accounts, instruments and general intangibles (as such terms are defined in the Uniform Commercial Code of Texas) attributable to the Properties with respect to any period of time on or after January 1, 1998 and (ii) liens and security interests in favor of the Company, whether choaxx xx inchoate, under any law, rule or regulation or under the Contracts (a) arising from the ownership, operation, sale or other disposition on or after January 1, 1998 of any of the Properties and (b) arising in favor of the Company as the operator of certain of the Oil and Gas Properties.
Payment Rights means rights to re- ceive periodic payments under a structured settle- ment agreement, whether from the obligor or the annuity issuer.