Purpose of Payment Sample Clauses

Purpose of Payment. I hereby authorize California Community Credit Union to transfer funds by wire as shown above. I understand that my account shown will be debited for the amount of the wire and any applicable fees. I agree to hold California Community Credit Union harmless if the funds are not received and credited due to incorrect information. I have read the California Community Credit Union funds transfer authorization printed on the back of this agreement. Attach Verification print out from (CATALYST) and posting receipt. 1. Originator (Member’s Name) - the person giving the instructions to the receiving financial institution for the first payment order in a funds transfer. Member’s Social Security Number and Driver’s License Number. In order to comply with the Bank Secrecy Act (BSA) your street address must be provided. 2. Account Number - Member’s account number and share type funds are to be withdrawn from.
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Purpose of Payment. Briefly state (using 50 characters or less) the purpose of the outgoing wire transfer (e.g. Escrow Deposit, Loan Payment, transfer to account at another financial institution, etc.).
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Purpose of Payment. The Compxxx is providing and Mork is accepting the Separation Payment, the Specixx Xayment and the other good and valuable consideration provided for in this Agreement in full and complete satisfaction of all of Mork's Claims (as defined in Paragraph 7 hereof) agxxxxx the Company, its successors and assigns, and all of their past and present directors, officers, shareholders, consultants, agents, representatives, attorneys, employees, employee benefit plans and plan fiduciaries (collectively, the "Releasees"). Mork acknowledges (i) that no other monies or other xxxsideration, except as expressly set forth in this Agreement, are due and owing to him or on his behalf by the Company or any of the other Releasees; and (ii) the sufficiency of the consideration for this Agreement generally and specifically for the release of any claims up to the Effective Date of this Agreement he may have ever had, may now have or may hereafter assert against the Releasees arising under the Age Discrimination in Employment Act of 1967, as amended by, inter alia, the Older Workers Benefit Protection Act of 1990.
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Purpose of Payment. Marketing/Promotional Activities o Plasma R&D o Year End Disbursement o Other o
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Purpose of Payment. The Company is providing and Goelzer is accepting the Separation Payment, the Special Payment and the other good and valuable consideration provided for in this Agreement in full and complete satisfaction of all of Goelzer's Claims (as defined in Paragraph 7 hereof) xxxxxxx the Company, its successors and assigns, and all of their past and present directors, officers, shareholders, consultants, agents, representatives, attorneys, employees, employee benefit plans and plan fiduciaries (collectively, the "Releasees"). Goelzer acknowledges (i) that no other monies or other consideration, except as expressly set forth in this Agreement, are due and owing to him or on his behalf by the Company or any of the other Releasees; and (ii) the sufficiency of the consideration for this Agreement generally and specifically for the release of any claims up to the Effective Date of this Agreement he may have ever had, may now have or may hereafter assert against the Releasees arising under the Age Discrimination in Employment Act of 1967, as amended by, inter alia, the Older Workers Benefit Protection Act of 1990.
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Purpose of Payment. The Company is prepared to make a payment to you of $100,000 by way of a retention incentive payment ("the Payment"). The Payment reflects the fact that given your position of seniority within the Company, the benefits which the Company expects to derive from your appointment depend primarily upon your medium to long-term strategic decisions. The Company believes that the intimate knowledge of the Company and of its marketplace, and the subsequent formulation of appropriate strategic policies based on these, are all attributes which will take some time to develop. The Payment is, therefore, being made as an incentive for you to remain in your position for a minimum period of 12 months from your initial date of appointment. The Company believes that it is once this initial period has been served that it will begin to obtain the real benefits from your appointment.
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Purpose of Payment. 2.1 The NIA Fellow and the Bursary Recipient shall use the Payment only for the delivery of the Project and in accordance with the terms and conditions set out in this Agreement. The payment shall not be used for any other purpose without the prior written agreement of UCLPartners. 2.2 The NIA Fellow and the Bursary Recipient agree and accept that they shall not apply for duplicate funding in respect of any part of the Project or any related administration costs that UCLPartners is funding in full under this Agreement.
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Purpose of Payment. 2.1 The Recipient shall use the Payment to acquire, refurbish and manage the Unit(s) only and in accordance with the terms and conditions set out in this Agreement. 2.2 The Recipient shall ensure that the Unit(s) are acquired and managed by them and shall not make any changes to its obligations without the Authority's prior written agreement. 2.3 The Unit(s) shall be let to the LAHF Eligible Cohort in accordance with the precedent nomination arrangements currently exisiting between the Recipient and the Authority as may be updated from time to time. After the immediate needs of the Eligible Cohort have been addressed, the Unit(s) will be used to support wider local authority general housing and homelessness responsibilities in accordance with the existing precedent nominations arrangements. The Authority will keep the Eligible Cohort’s needs under review to determine when they have been met, liaising with DLUHC and the Recipient and notifying the Recipient when the Authority considers that the needs have been met. 2.4 Should the Unit(s) be ready to let, and remain void for a period in excess of 2 weeks, the Recipient shall be entitled to convert the Unit(s) to General Needs accommodation and proceed to let the Unit under usual nominations procedures for the housing register.
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Purpose of Payment. I hereby authorize California Community Credit Union to transfer funds by wire as shown above. I understand that my account shown will be debited for the amount of the wire and any applicable fees. I agree to hold California Community Credit Union harmless if the funds are not received and credited due to incorrect information. I have read the California Community Credit Union funds transfer authorization printed on the back of this agreement. Member’s Signature Date VERIFICATION: ☐Driver’s License No. ☐Signature (compare to Signature Card) ☐Mother’s Maiden Name OFAC/SDN listing check: Check Receiving bank and individuals and/or Companies listed above. Match: ☐NO ☐Yes (If yes, give this form to the VP of Operations) Attach printouts. Call Back (If member not present): Member’s Phone No. (If amount over $1,000) Time Teller’s Initials Wire Initiated By: Wire Approved By: Attach Verification print out from (CATALYST) and posting receipt. Wire Transfer Form/Rev. 07-24-2024 You authorize us, California Community Credit Union (CACCU), to transfer funds (a “funds transfer”) as shown on the front of this payment order. Our charges for the funds transfer are disclosed in our fee schedule. Other banks involved in the funds transfer may impose additional charges. We may fail to act or delay in acting on a payment order without any liability because of legal constraint, your negligence, interruption of communication facilities, equipment failure, war, emergency conditions, or other circumstances beyond our control. We may also fail to send or delay in sending a payment order without any liability if sending the order would violate any guideline, rule or regulation of any government authority. We are not liable for consequential, special or exemplary damages or losses of any kind. You have no right to cancel or amend this payment order. If you ask us to cancel or amend it, we may make a reasonable effort to act on your request. But we are not liable to you if for any reason this payment order is not amended or canceled. You agree to reimburse us for any costs, losses, or damages that we incur in connection with your request to amend or cancel the payment order. If we try to cancel this funds transfer, we do not have to refund your money until we determine that the beneficiary has not received the money and the money is returned to us. If we return your money, the refund may not be equal to the amount of the original payment order. An example, the amounts may be differe...
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Related to Purpose of Payment

  • Time of Payment During the performance of the services provided for in this Agreement, monthly payments shall be made based upon that portion of the services which has been completed. On or about the last day of each calendar month during the performance of the Basic Services to be provided under this Agreement, A/E shall submit to County working documents in any stage of completion to demonstrate incremental progress of Basic Services and the compensation which is due for percentage completion of Basic Services. On or about the last day of each calendar month during the performance of the Additional Services to be provided under Article 7, A/E shall submit to County working documents in any stage of completion to demonstrate incremental progress of Additional Services under an applicable Supplemental Agreement related thereto, and the compensation which is due for percentage completion of particular Additional Services. County shall review the documentation and shall pay each statement as set forth in this Article 8, however, the approval or payment of any statement shall not be considered evidence of performance by A/E to the point indicated by such statement or of receipt or acceptance by County of the services covered by such statement. Final payment does not relieve A/E of the responsibility of correcting any errors or omissions resulting from A/E’s negligence. Upon submittal of the initial invoice, A/E shall provide the County Auditor with an Internal Revenue Form W-9, Request for Taxpayer Identification Number and Certification that is complete in compliance with the Internal Revenue Code, its rules and regulations.

  • Time of Payments Any payment that is due on a day that is not a Business Day may be made on the next Business Day but will bear interest until received in full. All payments must be made in funds which are immediately available on the date on which payment is due.

  • Netting of Payments Subparagraph (ii) of Section 2(c) of this Agreement will apply to Transactions entered into under this Agreement unless otherwise specified in a Confirmation.

  • Source of Payment Except as otherwise provided under the terms of any applicable employee benefit plan, all payments provided for under this Agreement shall be paid in cash from the general funds of Company. The Company shall not be required to establish a special or separate fund or other segregation of assets to assure such payments, and, if the Company shall make any investments to aid it in meeting its obligations hereunder, the Executive shall have no right, title or interest whatever in or to any such investments except as may otherwise be expressly provided in a separate written instrument relating to such investments. Nothing contained in this Agreement, and no action taken pursuant to its provisions, shall create or be construed to create a trust of any kind, or a fiduciary relationship, between the Company and the Executive or any other person. To the extent that any person acquires a right to receive payments from the Company hereunder, such right, without prejudice to rights which employees may have, shall be no greater than the right of an unsecured creditor of the Company. The Executive shall not look to the owners of the Company for the satisfaction of any obligations of the Company under this Agreement.

  • MODE OF PAYMENT Subject to the terms of the Agreement and the Promoter abiding by the construction milestones, the Allottee shall make all payments, on demand by the Promoter, within the stipulated time as mentioned in the Payment Plan through A/c Payee Cheque / Demand Draft or Online Payment (as applicable) in favour of ' ' payable at .

  • Issuance of Payments Payments shall be delivered as follows: (i) All payments owed to Xxxxxxxx, pursuant to § 3.1 shall be delivered to the following payment address: Xxxx X. Xxxxx, Esquire Xxxxxxx & Xxxxx, LLC Xxx Xxxx Xxxxx, Xxxxx 000 Xxxx Xxxxxx, XX 00000 (ii) All payments owed to OEHHA (EIN: 00-0000000), pursuant to § 3.1 shall be delivered directly to OEHHA (Memo Line “Prop 65 Penalties”) at the following addresses: For United States Postal Service Delivery: Xxxx Xxxxxxx Fiscal Operations Branch Chief Office of Environmental Health Hazard Assessment X.X. Xxx 0000 Xxxxxxxxxx, XX 00000-0000 For Non-United States Postal Service Delivery: Xxxx Xxxxxxx Fiscal Operations Branch Chief Office of Environmental Health Hazard Assessment 0000 X Xxxxxx Xxxxxxxxxx, XX 00000

  • Making of Payments Each payment by Borrower hereunder or under the Note shall be made in funds settled through the New York Clearing House Interbank Payments System or other funds immediately available to Lender by 1:00 p.m., New York City time, on the date such payment is due, to Lender by deposit to such account as Lender may designate by written notice to Borrower. Whenever any payment hereunder or under the Note shall be stated to be due on a day which is not a Business Day, such payment shall be made on the next succeeding Business Day.

  • SOURCE OF PAYMENTS All payments provided in this Agreement shall be timely paid in cash or check from the general funds of the Bank. The Company, however, unconditionally guarantees payment and provision of all amounts and benefits due hereunder to Executive and, if such amounts and benefits due from the Bank are not timely paid or provided by the Bank, such amounts and benefits shall be paid or provided by the Company.

  • Sharing of Payments, Etc If any Lender shall obtain any payment (whether voluntary, involuntary, through the exercise of any right of setoff, or otherwise) on account of the Advance owing to it (other than pursuant to Section 2.09, 2.12 or 8.04(c)) in excess of its ratable share of payments on account of the Advances obtained by all the Lenders, such Lender shall forthwith purchase from the other Lenders such participations in the Advances owing to them as shall be necessary to cause such purchasing Lender to share the excess payment ratably with each of them; provided, however, that if all or any portion of such excess payment is thereafter recovered from such purchasing Lender, such purchase from each Lender shall be rescinded and such Lender shall repay to the purchasing Lender the purchase price to the extent of such recovery together with an amount equal to such Lender's ratable share (according to the proportion of (a) the amount of such Lender's required repayment to (b) the total amount so recovered from the purchasing Lender) of any interest or other amount paid or payable by the purchasing Lender in respect of the total amount so recovered. The Borrower agrees that any Lender so purchasing a participation from another Lender pursuant to this Section 2.13 may, to the fullest extent permitted by law, exercise all its rights of payment (including the right of setoff) with respect to such participation as fully as if such Lender were the direct creditor of the Borrower in the amount of such participation.

  • Rate of Payment Community service leave for voluntary community service is granted with pay for the first three days leave in a twelve month period to all employees except casual employees.

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