Receiving Transaction Party definition

Receiving Transaction Party means, where one Transaction Party is required by an Issuer Document to make payment to another Transaction Party, the Transaction Party which is to receive such payment;
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Receiving Transaction Party means, where any Transaction Party is under an obligation created by a Transaction Document to make payment to another Transaction Party, the Transaction Party which is to receive such payment;
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Examples of Receiving Transaction Party in a sentence

  • If a Paying Transaction Party becomes aware that it must make a Tax Deduction in respect of any payment under any Document (or that there is any change in the rate or the basis of a Tax Deduction) it shall notify the Receiving Transaction Party accordingly.

  • If a Paying Transaction Party becomes aware that it must make a Tax Deduction in respect of any payment under any Transaction Document (or that there is any change in the rate or the basis of a Tax Deduction) it shall notify the Receiving Transaction Party accordingly.

  • Except as otherwise provided in any Document, each payment made by a Paying Transaction Party to a Receiving Transaction Party under any Document shall be made without any Tax Deduction, unless a Tax Deduction is required by any Requirement of Law.

  • If a Paying Transaction Party becomes aware that it must make a Tax Deduction in respect of any payment under any Issuer Document (or that there is any change in the rate or the basis of a Tax Deduction) it shall notify the Receiving Transaction Party accordingly.

  • Except as otherwise provided in any Issuer Document, each payment made by a Paying Transaction Party to a Receiving Transaction Party under any Issuer Document shall be made without any Tax Deduction, unless a Tax Deduction is required by any Requirement of Law.

  • Except as otherwise provided in any Transaction Document, each payment made by a Paying Transaction Party to a Receiving Transaction Party under any Transaction Document shall be made without any Tax Deduction, unless a Tax Deduction is required by any Requirement of Law.

  • Except as otherwise provided in any Document, each payment made by a Paying Transaction Party to a Receiving Transaction Party under any Document shall be made without any Tax Deduction, unless a Tax Deduction is required by any Requirement of Law and, for the avoidance of doubt, no such Paying Transaction Party shall be under any obligation, save as otherwise provided in any Document to make any additional payment to a Receiving Transaction Party in respect of any such Tax Deduction.

  • Except as expressly provided otherwise in any Issuer Transaction Document, if a Paying Transaction Party becomes aware that it must make a Tax Deduction in respect of any payment under any Issuer Transaction Document (or that there is any change in the rate or the basis of a Tax Deduction) it shall notify the Receiving Transaction Party accordingly.

  • On each date on which any Transaction Document requires an amount to be paid by one Transaction Party to another Transaction Party, the Paying Transaction Party shall make the same available to the Receiving Transaction Party for value on the due date at such time as is specified in the relevant Transaction Document to the account specified in the relevant Transaction Document.

  • Except as expressly provided otherwise in any Issuer Transaction Document, each payment made by a Paying Transaction Party to a Receiving Transaction Party under any Issuer Transaction Document shall be made without any Tax Deduction, unless a Tax Deduction is required by any Requirement of Law.