Reimbursement Date Sample Clauses
The Reimbursement Date clause defines the specific date by which one party must repay or reimburse another party for certain expenses or amounts. Typically, this clause outlines the timing and conditions under which reimbursement is due, such as within a set number of days after receiving an invoice or upon completion of a particular milestone. Its core practical function is to provide clear expectations and deadlines for payment, thereby reducing disputes and ensuring timely financial transactions between parties.
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Reimbursement Date. Eligible employees opting-out of the health insurance plan shall be reimbursed in accordance with the provisions of paragraph 2 above in two installments paid in the last pay in December and the last pay in June. The amount of the incentive will be determined on a monthly basis.
Reimbursement Date. Eligible members opting-out of the health insurance plan provided in this Agreement shall be reimbursed in accordance with the provisions of paragraph B above in a lump sum payment in each January.
Reimbursement Date. Agent shall promptly notify Lenders and each Lender shall promptly (within one Business Day) and unconditionally pay to Agent, for the benefit of Issuing Bank, the Lender’s Pro Rata share of such payment. Upon request by a Lender, Issuing Bank shall furnish copies of any Letters of Credit and LC Documents in its possession at such time.