Receipt of Payment definition

Receipt of Payment means receipt by Bank, of (1) a certified or official bank check or wire transfer to Bank; (2) a written or telegraphic advice from a registered clearing agency that funds have been or will be credited to the account of Bank; or (3) a transfer of funds from any of Broker's accounts maintained at Bank.
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Receipt of Payment is defined in Section 8.4 hereof.
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Receipt of Payment means receipt by Bank, as Customer's Custodian, of (1) a certified or official bank check, (2) a written or telegraphic advice from a registered clearing agency that funds have been or will be credited to the account of Bank, or (3) a transfer of funds from any of Broker's accounts maintained at Bank. "Receipt of Securities" means receipt by Bank, as Customer's Custodian, of (1) securities in proper form for transfer or (2) a written or telegraphic advice from a registered clearing agency that securities have been credited to the account of Bank. "Series", as applied to Options, means Options of the same type (I.E., Put or Call) covering the same underlying security and with the same exercise price, expiration time and unit of trading.
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Examples of Receipt of Payment in a sentence

  • Preparation and Delivery of Certificated Securities by Trustee and Receipt of Payment Therefor: The Trustee will prepare each Certificated Security and appropriate receipts that will serve as the documentary control of the transaction.

  • Receipt of Payment Orders A payment order will be deemed to have been received by us if: Carried out by means of a payment card, then in accordance with the card schemes rules; orReceived by our available electronic communication channels, then on the business day when it is actually received by us.

  • Preparation and Delivery of Securities by Issuing Agent and Receipt of Payment Therefor: The Issuing Agent will prepare each Security and appropriate receipts that will serve as the documentary control of the transaction.

  • Thedefinition of loss of ‘deposit only’ as detailed above refers to the amount requested on our costing sheet or shown on our Receipt of Payment form.

  • For all draws except for acquisition, recipients are required to submit a Receipt of Payment form or Lien Waiver (1) within 30 days of the IHFA check date or (2) with your next claim voucher, whichever occurs later to verify that all entities have been paid.

  • Preparation and Delivery of Certificated Securities by Trustee or Warrant Agent and Receipt of Payment Therefor: The Trustee or Warrant Agent will prepare each Certificated Security and appropriate receipts that will serve as the documentary control of the transaction.

  • Instruction from Company to Trustee for Preparation of Securities, Preparation and Delivery of Securities by Trustee and Receipt of Payment Therefor: After receiving the Sale Information from the Agent, the Company will communicate such Sale Information to the Trustee by telephone (confirmed in writing) or by facsimile transmission or other acceptable written means.

  • The Receipt of Payment form that is attached to the reimbursement check must be signed and mailed back to the Bethel Office to continue receiving assistance.

  • Receipt of Payment — If any Owner, Annuitant, Beneficiary or Xxxxx is incapable of giving a valid receipt for any payment, we may make such payment to whomever has legally assumed his or her care and principal support.

  • Hennig’s Hearing Request dated September 27, 2011 with attached “Service Agreement for Receipt of Payment for a Recruitment/Relocation Incentive” is admitted into evidence, together with the testimony of Dr. Hennig, and Dr. Hennig’s exhibits PX 1 through PX 4, and Dr. Hennig’s email dated August 24, 2012.


More Definitions of Receipt of Payment

Receipt of Payment. The Program Administrator for the Collaboration, specified in Article IV, will receive funds from the Government and from Industry for the ECB and deposit such funds in a deposit account opened by it acting as an agent for the ECB.
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Receipt of Payment. The relevant day shall be the day on which the Dividend or special dividend is actually paid to the shareholder. In the absence of an agreement between the parties in the Terms of the Transaction, the provision regarding “Receipt of Payment” shall be applicable.
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Receipt of Payment means receipt by Bank, of (1) a certified or official bank check or wire transfer to Bank; (2) a written or telegraphic advice from a registered clearing agency that funds have been or will be credited to the account of Bank; or (3) a transfer of funds from any of Broker's accounts maintained at Bank. (i) "Receipt of Securities" means receipt by Bank, of (1) securities in proper form for transfer; or (2) a written or telegraphic advice from a registered clearing agency that securities have been credited to the account of Bank for the Special Custody Account. -2-
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Receipt of Payment means the date the fee that meets the criteria for the selected category and fee type is received by the California Air Resources Board, for the purpose of calculating fee refunds.
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Related to Receipt of Payment

  • Proof of payment means, as applicable, a copy of the check, confirmation of credit card or debit card payment, or confirmation of wire or automated clearinghouse transfer, and any other information required to demonstrate that payment has been made according to the EPA requirements, in the amount due, and identified with the appropriate docket number and Respondent’s name.

  • Tariff Payment means the payments to be made under Monthly Bills as referred to in Article 10 and the relevant Supplementary Bills;

  • Upon receipt of Proper Instructions", as defined in Section 5 of this Contract, together with a certified resolution of the Fund's Board of Trustees, the Custodian and the Fund may agree to amend Schedule A hereto from time to time to designate additional foreign banking institutions and foreign securities depositories to act as sub-custodian. Upon receipt of Proper Instructions, the Fund may instruct the Custodian to cease the employment of any one or more such sub-custodians for maintaining custody of the Portfolio's assets.

  • Receipt of an Invoice means: (i) if the Payment is one for which an invoice is required, the later of: (a) the date on which a Proper Invoice is actually received in the Designated Payment Office during normal business hours; or (b) the date by which, during normal business hours, NYSERDA has actually received all the purchased goods, property or services covered by a Proper Invoice previously received in the Designated Payment Office. (ii) if the Agreement provides that a Payment will be made on a specific date or at a predetermined interval, without having to submit a written invoice the 30th calendar day, excluding legal holidays, before the date so specified or predetermined.

  • Debit Payment means a particular transaction where a debit is made.

  • Next Payment means, in respect of each Next Payment Date, the greater of (i) the amount of any payments due to be made by Party A under Section 2(a) on such Next Payment Date less any payments due to be made by Party B under Section 2(a) on such Next Payment Date (in each case, after giving effect to any applicable netting under Section 2(c)) and (ii) zero.

  • Date of Payment means the date on which NYSERDA requisitions a check from its statutory fiscal agent, the Department of Taxation and Finance, to make a Payment.

  • Initial Exercise Price shall have the meaning set forth in Section 2.4.1.

  • Supplemental Payment means any payments or transfers of things of value made to the District or to any person or persons in any form if such payment or transfer of thing of value being provided is in recognition of, anticipation of, or consideration for the Agreement and that is not authorized pursuant to Sections 313.027(f)(1) or (2) of the TEXAS TAX CODE, and specifically includes any payments required pursuant to Article VI of this Agreement.

  • Net Exercise means a Net Exercise as defined in Section 6.3(b)(iii).

  • Guaranty of Payment means each Guaranty of Payment executed and delivered on or after the Closing Date in connection with this Agreement by the Guarantors of Payment, as the same may from time to time be amended, restated or otherwise modified.

  • SAR Exercise Price means the per share exercise price of a SAR granted to a Grantee under Section 9 hereof.

  • Final rate of pay means the actual rate upon which earnings of an employee were calculated during the twelve (12) month period immediately preceding the member's effective retirement date, including employee contributions picked up after August 1, 1982, pursuant to KRS 61.560(4). The rate shall be certified to the system by the employer and the following equivalents shall be used to convert the rate to an annual rate: two thousand eighty (2,080) hours for eight (8) hour workdays, nineteen hundred fifty (1,950) hours for seven and one-half (7-1/2) hour workdays, two hundred sixty (260) days, fifty-two (52) weeks, twelve (12) months, one (1) year;

  • Exchange Price means as of any date, $1,000, divided by the Exchange Rate as of such date.

  • Schedule of Payments means the schedule of payments disclosed on a Contract.

  • Place of Payment when used with respect to the Securities of any series, means the place or places where the principal of and any premium and interest on the Securities of that series are payable as specified as contemplated by Section 301.

  • Exercise Price means the initial exercise price or the adjusted exercise price, depending on the context.

  • Upfront Payment has the meaning set forth in Section 4.1.

  • Net Payment means the amount the Issuer or any paying agent pays the Holder after deducting or withholding an amount for or on account of any present or future tax, assessment or other governmental charge imposed with respect to that payment by a taxing authority (including any withholding or deduction attributable to additional amounts payable pursuant to this Section).

  • Warrant Exercise Price means $0.05 per share.

  • Option Exercise Price means the price at which a share of Common Stock may be purchased upon the exercise of an Option.

  • Exercise Payment means the amount of money equal to the Exercise Price multiplied by the number of Optioned Shares specified in the Notice of Exercise;

  • Priority of Payments has the meaning specified in Section 9.01(a).

  • AHYDO Catch-Up Payment means any payment with respect to any obligations of the Borrower or any Restricted Subsidiary, in each case to avoid the application of Section 163(e)(5) of the Code thereto.

  • Replacement Price means the price, determined by Buyer in a commercially reasonable manner, at which Buyer purchases (if at all) substitute SRECs having the same or subsequent Reporting Year as those SRECs not delivered by Seller for the deficiency or, absent such a purchase, the Market Price for such quantity of SRECs at or during the time that Seller fails to deliver the SRECs, provided that the Market Price shall never exceed the solar alternative compliance payment.

  • Co-payment means a relatively small amount of money paid by the insured person towards the cost of each day in a private hospital per episode of care, with Latrobe paying the rest of the cost.