Advanced Payment Option. 1. If the ACO wishes to participate in the APO for a Performance Year, it must select to participate in the APO as described in Section 8.01.
Advanced Payment Option. 1.1. Upon written request of the Performing Party, TCEQ will advance an amount up to the Maximum Authorized Reimbursement to the Performing Party. This advance payment is for work to be performed in accordance with the Scope of Work.
Advanced Payment Option. Following the execution of this Agreement by both Parties, but prior to Closing, Purchaser at its sole and absolute discretion may elect to remit to Company any portion of the Purchase Price (“Advanced Payment”). Under this circumstance, the Closing Payment shall be reduced by this Advanced Payment, and upon Closing, the lesser remaining Closing Payment shall be remitted from Purchaser to Company. Should Purchaser make an Advanced Payment to Company and the transactions contemplated by this Agreement fail to close, Company agrees to repay Purchaser the Advanced Payment in full within five (5) business days following the receipt of Company’s written demend.
