Payment on Claims Sample Clauses

Payment on Claims. The Settlement Administrator shall establish an account for payment of Claims (the “Settlement Administration Account”), pursuant to Section 6.1, below. One-hundred and twenty (120) days after the Notice Date, the Settlement Administrator shall make final determinations on all Claims and provide notice to the Parties (the “Claims Determination Notice”), including an accounting of all Claims to be paid and instructions to Hometrust to fund the Settlement Administration Account. In the event that following the (1) Claims Period and the calculation of the sum of all valid Economic Loss and Attested Time claims, (2) all Cash Payment claims,
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Payment on Claims. The Settlement Administrator shall make a determination of and pay all valid Reimbursement Claims from the Settlement Fund no later than nine months after the Settlement Offering is first provided.
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Payment on Claims. The Settlement Administrator shall establish an account for payment of Claims (the “Settlement Administration Account”), pursuant to Section 6.1, below. Ninety (90) days after the Notice Date, the Settlement Administrator shall make final determinations on all Claims and provide notice to the Parties (the “Claims Determination Notice”), including an accounting of all Claims to be paid and instructions to XxXxxxx RentCorp to fund the Settlement Administration Account. In the event that following the (1) Claims Period and the calculation of the sum of all valid Reimbursement and Non-Economic Loss Claims (2) the final calculation of other expenses to be paid from the Settlement Fund (including the cost of Credit Monitoring for the Credit Monitoring Claimants) residual funds remain in the Settlement Fund, then the amount paid per valid claim shall increase pro rata until as much of the Settlement Fund is depleted as possible.
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Payment on Claims. All payments will be done electronically. The Service Provider will receive a cross reference number on its bank statement for each claim payment. If there is any uncertainty to balance the payment, the cross reference number must be forwarded to the branch after which a remittance will be returned via email. This will ensure prompt payment on all claims. Do not post any invoices, rather keep them on file at your office.
Sample 1
Payment on Claims. The Service Provider shall provide a monthly invoice to FPC Accounts Payable within 3 days of the month to which it relates, in accordance with paragraph 2 The Service Provider shall raise a separate invoice on the FPC Procurement Management system, using the FPC Procurement Management System online invoice template, for each purchase order number and by using only the FPC Catalogue Pricing as agreed to in point 1.2 under Assessment Fees and Cost in these schedules and shall not issue an invoice for more than one purchase order number. All payments will be done electronically. The Service Provider will receive a reference number on his /her bank statement for each claim payment. The Service Provider shall include on or with each invoice provided to FPC under this Agreement the relevant FPC purchase order or quotation number and any other details as are necessary for FPC to verify the accuracy of the invoice and the Service Provider’s compliance with this Agreement. All invoices issued by the Service Provider shall list the line items in the same order and format as the purchase order or quotation to which they relate. All invoices issued by the Service Provider shall be valid VAT invoices for the purposes of the Value Added Tax Act, No 89 of 1991. The Parties acknowledge and agree that the amount(s) stated on any purchase order shall not be treated as a minimum spend commitment on the part of FPC. Subject to (i) paragraph 6 and (ii) the Service Provider supplying the Services in accordance with this Agreement, FPC shall pay to the Service Provider the Fees within 30 (thirty) days after the date on which FPC receives an invoice properly raised in accordance with paragraph 3 from the Service Provider. The Fees shall be paid to a bank account nominated by the Service Provider in writing to FPC. If at any time FPC acting in good faith disputes all or any of the Fees before payment of an invoice raised in accordance with paragraph 4: FPC shall notify the Service Provider within 30 (thirty) days after the date of receipt of a proper invoice for the Fees, specifying in reasonable detail FPC reasons for disputing the invoice; FPC shall pay to the Service Provider within 30 (thirty) days after the date of receipt of the relevant invoice all amounts not disputed by FPC; and If the Parties are unable to resolve the dispute within 30 (thirty) Business Days of notice given in accordance with paragraph 5(a), either Party may escalate the matter for resolution in accorda...
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Payment on Claims. The Settlement Administrator shall establish an account for payment of Claims (the “Settlement Administration Account”). Ninety (90) days after the Notice Date, the Settlement Administrator shall make final determinations on all Claims and provide notice to the Parties (the “Claims Determination Notice”), including an accounting of all Claims to be paid and instructions to BRSI to fund the Settlement Administration Account. The Settlement Administrator shall issue the Claims Determination Notice within one hundred eighty (180) days of the Effective Date. BRSI shall then cause funds to be deposited into the Settlement Administration Account for the payment of Claims within forty-five (45) days of receiving the Claims Determination Notice. Upon BRSI’s funding of the Settlement Administration Account, the Settlement Administrator shall promptly make payment to Claimants.
Sample 1
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Payment on Claims. The Settlement Administrator shall establish an account for payment of Claims (the “Settlement Administration Account”). Once the Settlement Administrator has made final determinations on all Claims submitted during the Claims Period, the Settlement Administrator shall provide notice to the Parties (the “Claims Determination Notice”), including a final accounting of all Claims to be paid and instructions to TransPerfect to fund the Settlement Administration Account. The Settlement Administrator shall issue the Claims Determination Notice within ninety (90) days after the Reimbursement Deadline. TransPerfect shall then cause funds to be deposited into the Settlement Administration Account for the payment of Claims within forty-five (45) days of receiving the Claims Determination Notice. Upon TransPerfect’s funding of the Settlement Administration Account, the Settlement Administrator shall promptly make payment to Claimants.
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Related to Payment on Claims

  • Claims Payment The Reinsurer will be liable to the Company for its share of the benefits owed under the express contractual terms of the Reinsured Policies and as specified under the terms of this Agreement. The Reinsurer will not participate in any ex gratia payments made by the Company (i.e., payments the Company is not required to make under the Reinsured Policy terms.) The payment of death benefits by the Reinsurer will be in one lump sum regardless of the mode of settlement under the Reinsured Policy. Benefit payments from the Reinsurer will be due within 30 days of the claim satisfying the requirements established under this Agreement. The Reinsurer’s share of any interest payable under the terms of a Reinsured Policy or applicable law which is based on the death benefits paid by the Company, will be payable provided that the Reinsurer will not be liable for interest accruing on or after the date of the Company’s payment of benefits. The Reinsurer will make payment to the Company for each such claim. For Waiver of Premium claims, the Company will continue to pay premiums for reinsurance, except premiums for disability reinsurance. The Reinsurer will pay its proportionate share of the gross premium waived by the Company on the Reinsured Policy, including its share of the premiums for benefits that remain in effect during disability. For claims on Accelerated Benefit riders reinsured under this Agreement, the benefit amount payable by the Reinsurer will be calculated by multiplying the total accelerated death benefit rider payout by the ratio of the reinsured Net Amount at Risk, as defined in Exhibit C-1, to the face amount of the Reinsured Policy.

  • Payment of Claims A. If advance payment of all or a portion of the Grant funds is permitted by statute or regulation, and the State agrees to provide such advance payment, advance payment shall be made only upon submission of a proper claim setting out the intended purposes of those funds. After such funds have been expended, Grantee shall provide State with a reconciliation of those expenditures. Otherwise, all payments shall be made thirty five (35) days in arrears in conformance with State fiscal policies and procedures. As required by IC § 4-13-2-14.8, all payments will be by the direct deposit by electronic funds transfer to the financial institution designated by the Grantee in writing unless a specific waiver has been obtained from the Indiana Auditor of State.

  • Time Limits on Claims Claims by either party must be made within twenty-one (21) days after occurrence of the event giving rise to such Claim or within twenty-one (21) days after the claimant first recognizes the condition giving rise to the Claim, whichever is later. Claims must be made by written notice and include all facts and detailed cost data substantiating the Claim. An additional Claim made after the initial Claim has been implemented by Change Order will not be considered unless submitted in a timely manner.

  • Compensation Claims (a) The Employer agrees to cooperate toward the prompt disposition of employee on-the-job injury claims. The Employer shall provide worker’s compensation protection for all employees even though not required by state law, or the equivalent thereof, if the injury arose out of or in the course of employment. No employee will be disciplined or threatened with discipline as a result of filing an on-the-job injury report. The Employer or its designee shall not visit an injured worker at his/her home, at a hospital or any location outside the employee’s home terminal without his/her consent.

  • Claims on Payment Bonds Claims on Payment Bonds must be sent directly to the Contractor and his surety in accordance with Tex. Gov’t Code § 2253.041. All Payment Bond claimants are cautioned that no lien exists on the funds unpaid to the Contractor on such Contract, and that reliance on notices sent to the Owner may result in loss of their rights against the Contractor and/or his surety. The Owner is not responsible in any manner to a claimant for collection of unpaid bills, and accepts no such responsibility because of any representation by any agent or employee.

  • Settlement Benefits WHAT YOU GET

  • Indemnification for Certain Claims The Party providing services hereunder, its affiliates and its parent company, shall be indemnified, defended and held harmless by the Party receiving services hereunder against any claim, loss or damage arising from the receiving company’s use of the services provided under this Agreement pertaining to (1) claims for libel, slander or invasion of privacy arising from the content of the receiving company’s own communications, or (2) any claim, loss or damage claimed by the End User of the Party receiving services arising from such company’s use or reliance on the providing company’s services, actions, duties, or obligations arising out of this Agreement.

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