Scheduling the Advance Payment Sample Clauses

Scheduling the Advance Payment. The following is an example of how to schedule the submission of advance and reimbursement requests: For Fiscal Year 2010-2011: Month Type of Request Based On: Date of Submission October Advance Anticipated Cash Needs October 1st November Advance Anticipated Cash Needs October 1st December Reimbursement October Actual Expenditures November 30th January Reimbursement November Actual Expenditures December 30th February Reimbursement December Actual Expenditures January 30th March Reimbursement January Actual Expenditures February 30th April Reimbursement February Actual Expenditures March 30th May Reimbursement March Actual Expenditures April 30th June Reimbursement April Actual Expenditures May 30th Reconciliation Recoupment May Actual Expenditures June 30th Reconciliation Recoupment June Actual Expenditures July 30th Final FY Invoice Reconciliation – Final Expenditure Report Year to date Actual Expenditures as of June 30th July 30th For Fiscal Year 2011-2015 Month Type of Request Based On: Date of Submission July Advance Anticipated Cash Needs July 1st August Advance Anticipated Cash Needs July 1st September Reimbursement July Actual Expenditures August 30th October Reimbursement August Actual Expenditures September 30th November Reimbursement September Actual Expenditures October 30th December Reimbursement October Actual Expenditures November 30th January Reimbursement November Actual Expenditures December 30th February Reimbursement December Actual Expenditures January 30th March Reimbursement January Actual Expenditures February 30th April Reimbursement February Actual Expenditures March 30th May Reimbursement March Actual Expenditures April 30th June Reimbursement April Actual Expenditures May 30th Reconciliation Recoupment May Actual Expenditures June 30th Reconciliation Recoupment June Actual Expenditures July 30th Final Invoice Reconciliation – Final Expenditure Report Year to date Actual Expenditure as of June 30th July 30st Fiscal Year 2015-2016 Month Type of Request Based On: Date of Submission July Advance Anticipated Cash Needs July 1st August Advance Anticipated Cash Needs July 1st September Reimbursement July Actual Expenditures August 30th Reconciliation Recoupment August Actual Expenditures September 30th Final Invoice Reconciliation – Final Expenditure Report Year to Date Actual Expenditure as of September 30th October 30th
Sample 1
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Related to Scheduling the Advance Payment

  • NO ADVANCE PAYMENT No advance payments shall be made for any products or services furnished by Contractor pursuant to this Master Contract.

  • Advance Payment The right to indemnification conferred in this Article VII shall include the right to be paid or reimbursed by the Company the reasonable expenses incurred by a Person of the type entitled to be indemnified under Section 7.3 who was, is or is threatened to be made a named defendant or respondent in a Proceeding in advance of the final disposition of the Proceeding and without any determination as to the Person’s ultimate entitlement to indemnification; provided, however, that the payment of such expenses incurred by any such Person in advance of the final disposition of a Proceeding shall be made only upon delivery to the Company of a written affirmation by such Person of his or her good faith belief that he has met the standard of conduct necessary for indemnification under Article VII and a written undertaking, by or on behalf of such Person, to repay all amounts so advanced if it shall ultimately be determined that such indemnified Person is not entitled to be indemnified under this Article VII or otherwise.

  • Advance Payments Payments made by the Borrower to satisfy future installments must be accounted for as prepaid installments of principal and interest. The Servicer should contact the Borrower if there is a question about the Borrower's intention in making any unscheduled payment.

  • Repayment of Advances If the identity of the Servicer shall change, the predecessor Servicer shall be entitled to receive reimbursement for outstanding and unreimbursed Simple Interest Advances made pursuant to Section 4.4 by the predecessor Servicer.

  • ADVANCE PAYMENT PROHIBITED Except as authorized by law, Contractor shall not request or receive advance payment for any Goods and/or Services furnished by Contractor pursuant to this Master Contract.

  • Payment of Principal, Interest, Escrow Items, Prepayment Charges, and Late Charges Borrower will pay each Periodic Payment when due. Borrower will also pay any prepayment charges and late charges due under the Note, and any other amounts due under this Security Instrument. Payments due under the Note and this Security Instrument must be made in U.S. currency. If any check or other instrument received by Lender as payment under the Note or this Security Instrument is returned to Lender unpaid, Lender may require that any or all subsequent payments due under the Note and this Security Instrument be made in one or more of the following forms, as selected by Lender: (a) cash; (b) money order; (c) certified check, bank check, treasurer’s check, or cashier’s check, provided any such check is drawn upon an institution whose deposits are insured by a U.S. federal agency, instrumentality, or entity; or (d) Electronic Fund Transfer. Payments are deemed received by Lender when received at the location designated in the Note or at such other location as may be designated by Lender in accordance with the notice provisions in Section 16. Lender may accept or return any Partial Payments in its sole discretion pursuant to Section 2. Any offset or claim that Borrower may have now or in the future against Lender will not relieve Borrower from making the full amount of all payments due under the Note and this Security Instrument or performing the covenants and agreements secured by this Security Instrument.

  • ADVANCE PAYMENTS PROHIBITED No payments in advance of or in anticipation of goods or services to be provided under this contract shall be made by the AGENCY.

  • Payments Comprising the Fund Payments made to the Trustee for the Fund shall consist of cash or securities acceptable to the Trustee.

  • Payment of Service Fees Customer will pay the Service Fees for Services ordered by Customer, and all other amounts due under the Agreement, pursuant to the terms of this Section 5.

  • Repayment of Amounts Advanced for Network Upgrades Upon the Commercial Operation Date, the Interconnection Customer shall be entitled to a repayment, equal to the total amount paid to the Participating TO for the cost of Network Upgrades. Such amount shall include any tax gross-up or other tax-related payments associated with Network Upgrades not refunded to the Interconnection Customer pursuant to Article 5.17.8 or otherwise, and shall be paid to the Interconnection Customer by the Participating TO on a dollar-for-dollar basis either through (1) direct payments made on a levelized basis over the five-year period commencing on the Commercial Operation Date; or (2) any alternative payment schedule that is mutually agreeable to the Interconnection Customer and Participating TO, provided that such amount is paid within five (5) years from the Commercial Operation Date. Notwithstanding the foregoing, if this LGIA terminates within five (5) years from the Commercial Operation Date, the Participating TO’s obligation to pay refunds to the Interconnection Customer shall cease as of the date of termination. Any repayment shall include interest calculated in accordance with the methodology set forth in FERC’s regulations at 18 C.F.R. §35.19a(a)(2)(iii) from the date of any payment for Network Upgrades through the date on which the Interconnection Customer receives a repayment of such payment. Interest shall continue to accrue on the repayment obligation so long as this LGIA is in effect. The Interconnection Customer may assign such repayment rights to any person. If the Large Generating Facility fails to achieve commercial operation, but it or another Generating Facility is later constructed and makes use of the Network Upgrades, the Participating TO shall at that time reimburse Interconnection Customer for the amounts advanced for the Network Upgrades. Before any such reimbursement can occur, the Interconnection Customer, or the entity that ultimately constructs the Generating Facility, if different, is responsible for identifying the entity to which reimbursement must be made.

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