Indirect Payment definition

Indirect Payment means any payment by a Debtor in respect of a Transferred Receivable which is not remitted to a Collection Account.
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Indirect Payment means the total payment made, or to be made, in whole or in part, by the buyer to a third party, upon the seller’s request; or the payment made, or to be made, to offset the differences involved in other collections and payments between the buyer and the seller.
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Indirect Payment means the buyer pays the seller in cash or via non-cash means of payment via a third party at the request of the seller or when the buyer requests a third party to represent the buyer to pay the seller or via offsetting of liabilities between both parties. Credit institutions providing payment services for buyers and sellers are not considered a third party.
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Examples of Indirect Payment in a sentence

  • Failing such repayment being made within five (5) Business Days after receipt of such Indirect Payment, the Factor may debit the corresponding amount from the Current Account, without prejudice to any other recourse.

  • Refer to the HEAP Manual, Chapter 22 – Payments/Statewide Financial System and the BICS Indirect Payment Processing Sub-System (IPPS) Manual - Appendix H for more information regarding the HEAP OSC/SFS Payment Process and HEAP refunds.

  • An Indirect Payment Order cannot be revoked after Citfin has sent information on its acceptance to the provider of indirect payment order services.

  • Indirect Payment means a payment made by a payer to a group of providers, including one or more Massachusetts acute care hospitals or ambulatory surgical centers, that then forward the payment to member hospitals or ambulatory surgical centers; or a payment made to an individual to reimburse him or her for a payment made to a hospital or ambulatory surgical center.

  • The Independent Living Fund was a compensation based on the success of the Indirect Payment schemes which were being operated by the Local Governments around the Country.

  • CMS alpha representation Contractor [Month Day & Year] [Entity Name] [Address][City, State & zip code] Dear [Entity name]:We are pleased to inform you that your Medicare Form CMS-855 registration application as an Indirect Payment Procedure (IPP) entity has been approved.

  • Detailed information regarding the authorization of HEAP payments through BICS; including using EBT and the OSC Statewide Financial System (SFS) payment process is available in the Indirect Payment Processing Sub-System Manual.

  • We are rejecting your application and returning it to you for the following reason(s): FACTS: [Insert ALL rejection reason(s) and cite the applicable regulatory authority] (Repeat for multiple, if necessary)Consistent with 42 CFR § 424.525, prospective Indirect Payment Procedure (IPP) entities are required to submit a complete registration application and all necessary supporting documentation within 30 calendar days from the date of the contractor’s request for missing/incomplete/clarifying information.

  • BICS offers an automated process, for more information see the Indirect Payment Processing Sub-system Manual (IPPS), chapter 8, pages 7-8.

  • Independent Recruitment Fund (IRF) a central fund is maintained and contributed to by Customers as a regular contribution from their Direct/ Indirect Payment.


More Definitions of Indirect Payment

Indirect Payment means the payment of rent from a transient directly to a third party who collects the rent directly from the transient and who then remits the rent, in whole or in part, to the operator, and shall include where the transient's rent payment directly to the third party is made or processed using cash, check, credit card, debit card, or any other direct in-person or electronic payment and collection method, but shall exclude the Direct Payment of rent from the transient to the operator.
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Indirect Payment means payments that are passed through another entity, such as a management company, condominium association, or other entity from which You receive payments which are a share of the revenue or profits of the pass-through entity.
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Related to Indirect Payment

  • Direct Payment means a payment granted directly to farmers under an income support scheme listed in Annex I,

  • Indirect Participant means a Person who holds a beneficial interest in a Global Note through a Participant.

  • Indirect means to act or attempt to accomplish an act through an interest in a business association, through one or more affiliates or intermediaries, or by any method other than a direct approach, including by any circuitous or oblique method.

  • Indirect Political Event shall have the meaning set forth in Clause 21.3;

  • Indirect Taxes means value added taxes, sales taxes, consumption taxes and other similar taxes.

  • Direct rollover means a payment by the Plan to the Eligible Retirement Plan specified by the Distributee.

  • Common Safekeeper means an ICSD in its capacity as common safekeeper or a person nominated by the ICSDs to perform the role of common safekeeper;