Payment for TIPS Sales Sample Clauses
The "Payment for TIPS Sales" clause defines the terms and procedures for how payment is to be made when Treasury Inflation-Protected Securities (TIPS) are sold. It typically outlines the timing of payment, acceptable methods (such as wire transfer or check), and any conditions that must be met before payment is processed, such as delivery of securities or confirmation of sale. This clause ensures that both parties understand their financial obligations and the process for settling transactions, thereby reducing the risk of disputes or delays in payment.
Payment for TIPS Sales. TIPS Members may make payments for TIPS Sales directly to Vendor, Vendor’s Authorized Reseller, or as otherwise agreed to in the applicable Supplemental Agreement after receipt of the invoice and in compliance with applicable payment statutes. Regardless of how payment is issued or received for a TIPS Sale, Vendor is responsible for all reporting and TIPS Administration Fee payment requirements as stated herein.
Payment for TIPS Sales as otherwise agreed to in the applicable Supplemental Agreement after receipt of the invoice and in compliance with applicable payment statutes. Regardless of how payment is issued or received for a TIPS Sale, Vendor is responsible for all reporting and TIPS Administration Fee payment requirements as stated herein.