Designated Payee definition

Designated Payee means the Co-Grantee that will serve as the payee of the Program Grant funds. If applicable, the Designated Payee is identified at Exhibit E of this Agreement.
Designated Payee means any person who is designated by the Customer through SMS, to be the recipient of E-Money from the Customer’s Account;
Designated Payee means an entity designated by the Awardee and approved by the Department to receive funds. If applicable, the Designated Payee is identified at Exhibit E of this Agreement.

Examples of Designated Payee in a sentence

  • Likewise, each Co-Grantee shall remain jointly and severally liable to the Department for performance under this Standard Agreement and compliance with all Program Requirements regardless of any Department-approved transfer or assignment of interest; any designation of a third party for the undertaking of all or any part of the Scope of Work; or the Co-Grantees’ identification of a Designated Payee.

  • The Originator will also instruct each Designated Payee to pay all Collections it receives to a Collection Account.

  • Likewise, each Co-Sponsor shall remain jointly and severally liable to the Department for performance under this Standard Agreement and compliance with all Program Requirements regardless of any Department-approved transfer or assignment of interest; any designation of a third party for the undertaking of all or any part of the Scope of Work; or the Co-Sponsors’ identification of a Designated Payee.

  • In addition, if any such Designated Payee is an affiliated person, as that term is defined in the Act, of the Trust, the Adviser, the Administrator or the Distributor, such person shall agree to furnish to the Distributor for transmission to the Board of Trustees of the Trust an accounting, in form and detail satisfactory to the Board of Trustees, to enable the Board of Trustees to make the determinations of the fairness of the compensation paid to such affiliated person, not less often than annually.

  • The Distributor shall have sole authority (i) as to the selection of any Designated Payee or Payees; (ii) not to select any Designated Payee; and (iii) as to the amount of Trust's Permitted Payments, if any, to each Designated Payee provided that the total Trust's Permitted Payments to all Designated Payees do not exceed the amount set forth above.


More Definitions of Designated Payee

Designated Payee means each Designated Payee listed on Annex B to Exhibit G.
Designated Payee means any person (including yourself, another customer, an Agent or Authorised Retailer) who is designated by you through SMS, to be the recipient of E-Money from your Account;
Designated Payee means any person (including yourself, another customer, an Agent or Authorised Retailer)
Designated Payee. ’ means a natural or legal person located in Guyana or in a foreign country and identified by the sender as the authorized recipient of an electronic funds transfer service;
Designated Payee means any person (including yourself, another customer, an Agent or Authorised Retailer) Note: A summary of the M-PESA Services is available from M-PESA Agents, M-PESA Limited’s headquarters, and the M-PESA Limited’s Websiteaccessed at www.vodacom.co.tz and the same has been displayed on your M-PESA menu and registration.
Designated Payee means the person who is designated by Client to be the recipient of FIAT Currency through the Service.
Designated Payee means PBCC, or its permitted successor, as an assignee of the DP Payment Right consistent with this Section 5; it being understood (i) that there may only be one Designated Payee at anyone time, and (ii) that the DP Payment Right may not be assigned or otherwise transferred other than pursuant to an assignment expressly permitted under the provisions of this Section 5. "DP Direction Notice" shall mean a notice from the then Designated Payee, addressed to Xxxxx Fargo and Assignee Master Landlord, setting forth (i) the Designated Payee’s address for notices, (ii) an account to which the Designated Payee directs that any DP Excess Termination Rights Payments be made and (iii) the Designated Payee’s tax identification number. Xxxxx Fargo is hereby unconditionally authorized to act in accordance with the most recent DP Direction Notice. "DP Excess Termination Rights Payments" shall mean the Excess Termination Rights Payments (if any) due and payable under the provisions of Section 3.4 of the Master Agreement by reason of the termination of a Lease affecting a DP Property. All references herein to a termination of a Lease may include a termination in whole or in part of such Lease, "DP Permitted Assignment Notice" shall mean a notice from the then Designated Payee, addressed to Xxxxx Fargo and Assignee Master Landlord, indicating that the Designated Payee has assigned the DP Payment Right pursuant to an assignment permitted under the provisions of this Section 5, which notice shall (i) include the signature of the assignee of the DP Payment Right (as the new Designated Payee), and (ii) be accompanied by (x) a true and complete copy of the instrument effecting such assignment (executed by both then Designated Payee, as assignor, and the new Designated Payee, as assignee, in which such assignee expressly 3 agrees to be bound by this Section 5), and (y) an instrument signed by an officer of each of the then Designated Payee and the new Designated Payee confirming to Xxxxx Fargo that the assignment qualifies as a permitted assignment of the DP Payment Right under this Section 5. "DP Property" shall mean each of the Exhibit I Properties, excluding however, any Exhibit I Property which.pursuant to this Section 5, has been converted from a DP Property into a Non-DP Property. "Non-DP Property" shall mean (i) each of the Exhibit II Properties, plus (ii) any Exhibit I Property that, pursuant to this Section 5, has been converted from a DP Property into a Non-DP Property.