Paying agency definition

Paying agency means the body or the bodies assigned by a Member State in accordance with Regulation (EC) No 1290/2005;
Paying agency means the insurer, self-insured employer, or designated representative of the self-insured employer, responsible for paying compensation for a compensable injury.
Paying agency means an agency of the Federal Government owing money to a debtor against which an adminis- trative or salary offset can be effected.

Examples of Paying agency in a sentence

  • The Servicer shall not cause funds from any other source (other than interest or earnings on the Loan Proceeds and the proceeds of Excess Working Capital Advances and Discretionary Funding Advances and other funds expressly permitted to be deposited into the Collection Account pursuant to the Custodial and Paying Agency Agreement) to be commingled in the Collection Account.

  • Except as otherwise directed by the Manager, the Servicer shall not cause funds from any other source (other than interest or earnings on the Working Capital Reserve) to be commingled in the Working Capital Reserve Account (it being understood that deposits into such Working Capital Reserve Account shall be made only pursuant to the Custodial and Paying Agency Agreement).

  • To the extent multiple Working Capital Expenses (payment of which is permitted to be made using such Excess Working Capital Advance) are outstanding, any funding or use by the Manager of Excess Working Capital Advances for payment of all or any of the same shall follow the relevant priorities as set forth in the Priority of Payments and in Section 3.1 of the Custodial and Paying Agency Agreement, as applicable.

  • The Form of Electronic Report on the Loans and Collateral shall contain such information fields as are maintained by the Servicer and required to be contained in (i) the Distribution Date Report, as set forth in the Custodial and Paying Agency Agreement, and (ii) the Monthly Report, as set forth in the LLC Operating Agreement.

  • Each Monthly Report prepared and delivered by the Manager shall also include a certification of the Manager that all withdrawals by the Manager from the Collection Account during such Due Period were made in accordance with the terms of this Agreement and the Custodial and Paying Agency Agreement.


More Definitions of Paying agency

Paying agency means the agency of the Federal government that employs the individual who owes a debt to an agency of the Federal government. In some cases, the Commission may be both the creditor agency and the paying agency. [62 FR 38019, July 16, 1997, as amended at 68 FR 32976, June 3, 2003] § 201.202 Purpose and scope of salary and administrative offset rules. (a) Purpose. The purpose of sections 201.201 through 201.207 is to implement 5 U.S.C. 5514, 31 U.S.C. 3716, and 31 U.S.C. 3720A which authorize the collection by salary offset, administrative offset, or tax refund offset of debts owed by persons, organizations, or entities to the Federal government. Generally, however, a debt may not be collected by such means if it has been outstanding for more than ten years after the agency's right to collect the debt first accrued. These proposed regulations are consistent with the Office of Personnel Management regulations on salary offset, codified at 5 CFR Part 550, subpart K, and with regulations on administrative offset codified at 31 CFR part 901. (b) Scope. (1) Sections 201.201 through 201.207 establish agency procedures for the collection of certain debts owed the Government. (2) Sections 201.201 through 201.207 apply to collections by the Commission from:
Paying agency means the agency that employs the Federal employee who owes the debt and authorizes the payment of his or her current pay. A paying agency also includes an agency that performs payroll services on be- half of the employing agency.
Paying agency means the authorities and bodies referred to in Article 4 of Council Regulation (EC) No 1258/1999 (1);
Paying agency means the agency employing the individual and author- izing the payment of his or her current pay.
Paying agency means the insurer, self-insured employer, self-insured employer
Paying agency means the agency of the Federal Government that em- ploys the individual who owes a debt to an agency of the Federal Government. The same agency may be both the cred- itor agency and the paying agency.
Paying agency means the authorities and bodies referred to in Article 8(1) of Regulation (EC) No 1290/2005;