Payment on Account definition

Payment on Account or “PoA” means a payment made by us, on account of amounts due in respect of Contract Work, before we have paid the final Claim for the relevant Matter or case, but excluding any Monthly Payments;

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Payment on Account or "PoA" means a payment made by us, on account of amounts due in respect of Contract Work which is Licensed Work, before we have paid the final Claim for Licensed Work for the relevant Case;

Payment on Account has the meaning given in clause 8A.18.7

Examples of Payment on Account in a sentence

• Note Registration Number; Principal Amount First Closing: RH-2; $1,000,000.00 Second Closing: $0 Payment on Account of Note Method Account Information Federal Funds Wire Transfer Bank One ABA # ▇▇▇-▇▇▇-▇▇▇ For further credit to Bank One Acct.

• Senior Note Registration Number(s); Principal Amount(s) RA-3; $20,000,000 Payment on Account of Note Method Account Information Accompanying information Name of Issuer: ARCH CHEMICALS, INC.

• Note Registration Number; Principal Amount R-1; $17,500,000 Payment on Account of Note Method Federal Funds Wire Transfer Account Information ▇▇ ▇▇▇▇▇▇ Chase ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇ ABA # ▇▇▇-▇▇▇-▇▇▇ For: The Travelers Insurance Company Consolidated Private Placement Account Account # ▇▇▇-▇-▇▇▇▇▇▇ Re: (see "Accompanying Information" below) Accompanying Information Name of Company: ▇.▇.

• Tax Identification Number ▇▇-▇▇▇▇▇▇▇ Name in Which to Register Note(s) FORETHOUGHT LIFE INSURANCE COMPANY Registration number(s); principal amount(s) RA-5; $7,500,000 Payment on Account of Note(s) Method Federal Funds Wire Transfer Account Information State Street Bank & Trust Company Boston, MA ABA # ▇▇▇▇▇▇▇▇▇ DDA # 24564783 For Further Credit: Forethought Life Insurance Company Fund # 3N1H Ref: “Accompanying Information” below.

• Tax Identification Number ▇▇-▇▇▇▇▇▇▇ Name in Which Notes are to be Registered PRUCO LIFE INSURANCE COMPANY Note Registration Numbers; Principal Amounts A-2-1 $12,500,000 Payment on Account of Note Method: Federal Funds Wire Transfer Account Information: JPMorgan Chase Bank New York, NY ABA No.: ▇▇▇-▇▇▇-▇▇▇ Account No.: P86192 (please do not include spaces) Account Name: Pruco Life Private Placement Re: (see “Accompanying Information” below) Accompanying Information Name of Company: LTC Properties, Inc.

More Definitions of Payment on Account

Payment on Account means a payment into court or to SARS, in either case of, or on account of, tax, penalty or interest where the liability to such tax, penalty or interest (or to the amount of such tax, penalty or interest) is in dispute or otherwise not settled.‌

Payment on Account means, any partial payment of amount that is owed, but not matched to a specific invoice and without referring to a specific debt. In the present cases, the payments made by the Respondents were specifically towards the Monthly Tariff Invoices raised by the Petitioners. This is also the pleading of the Petitioners in all these cases. Article 6.1 of the PPA pertains to the issuance of Tariff Invoices by the Generator, for the energy supplied, with the other required particulars. On receipt of the Tariff Invoices, the Respondent-Distribution Licensee scrutinises the Invoices and verifies the correctness of the contents of the Tariff Invoices and thereafter, the Invoices are passed for payments, as required in Article 6.2 of the PPA. These terms would indicate that the payments were made towards the Monthly Tariff Invoices alone. In such circumstances, it cannot be said that, it was ‘Payment On Account’, but ‘Payment against Monthly Tariff Invoices’. In the presence of written terms regarding the supply of energy and the payment towards the price of energy, it cannot be said that, the Petitioners could maintain a ‘Running Account’, as understood in the business community. In the present cases, the appropriation of the payments made by the Respondents should be as per the provisions of Section 59, but not as per Section 60 of the Contract Act. Therefore, the Petitioners cannot claim it to be a ‘Part Payment’ of the outstanding dues, as per Section 19 of the Limitation Act. As already noted, in the present cases, the claims towards the Monthly Tariff Invoices have already been paid and the claims for accrued interest, for the delay in payment of the Monthly Tariff Invoices alone, were due. Therefore, the claim

Payment on Account means a payment made by us, on account of amounts due in respect of Licensed Work, before we have paid the final Claim for the relevant Case;

Payment on Account has the meaning given in paragraph 8.4;

Payment on Account means the sum of US$21,848,997 to be paid in cash by the Purchaser to the Vendor on Completion. * - Confidential Treatment Requested. Omitted portions filed with the Securities and Exchange Commission.

Payment on Account means a payment into court or to a Tax Authority, in either case of, or on account of, Tax where the liability to such Tax (or to the amount of such Tax) is in dispute or otherwise not settled.

Payment on Account means the amount requested by MyRuby, from the Client after the completion of any Free Trial Period and prior to the commencement of paid service. The amount requested will remain on the Client’s account as a pre-payment, refundable against the Clients final invoice.