Advance Payment shall have the meaning set forth in Clause 19.2; “Affected Party” shall have the meaning set forth in Clause 21.1;

Advance Payment means a payment that a federal awarding agency or passthrough entity makes by any appropriate payment mechanism, including a predetermined payment schedule, before the non-federal entity disburses the funds for program purposes.

Advance Payment means any payment by an Obligor in advance of the related Due Period in which it would be due under such Contract and which payment is not a Principal Prepayment.

Examples of Advance Payment in a sentence

The Advance Payment shall be repaid through percentage deductions in Payment Certificates.
Notwithstanding any other provision of the Contract, compliance with this Sub-Clause 4.2 is a condition precedent to the Contractor's entitlement to receive any payment from the Employer under the Contract (including the Advance Payment) and no payment shall be due or payable until this condition is satisfied.
The Contractor shall have delivered to the Employer as a Condition Precedent the duly executed Performance Security and the Advance Payment Bond (the latter in relation to the first payment only in accordance with Attachment C).
No amount will be certified or paid until the Employer has received and approved the Performance Security and the relevant Advance Payment Bonds required to be submitted by the Contractor in accordance with clause 4.2 [Performance Security and Advance Payment Bonds].
Notwithstanding any other provision of the Contract (or waiver of any condition precedent), compliance with this Sub-Clause 4.22 is a condition precedent to the entitlement of the Contractor to receive any payment from the Employer under the Contract (including the Advance Payment) and no payment shall be due or payable until this condition is satisfied.

More Definitions of Advance Payment

Advance Payment means the monetary amount payable to an employee ordered/authorized to depart or his/her designated representative in advance of the date on which the employee would otherwise be entitled to be paid.

Advance Payment shall have the meaning ascribed to it in Clause 8.2.2;

Advance Payment means the deposit of funds by the Client to pay for future expenses.

Advance Payment means a payment foreseen in the Contract intended to provide the Contractor with liquidity to allow the initiation of the contractual works.

Advance Payment means a sum equal to the amount named in Special Conditions of Contract and paid to the Contractor by WAPCOS Limited by way of a mobilisation/advance payment in accordance with Clause 5.26.11 [Advance Payment].

Advance Payment has the meaning given in Clause 4.1 and is in the amount set forth above in the Loan Facility Terms.