Sending Participant definition
Examples of Sending Participant in a sentence
Except for the costs set forth in Part V of this Arrangement, the Sending Participant should be reimbursed by the Receiving Participant for the costs incurred by the Sending Participant in furnishing Wildfire Suppression Resources for, or on behalf of the Receiving Participant.
The Requesting Participant should reimburse the Sending Participant in accordance with Part IV.
The Sending Participant should have the right to withdraw some or all of its Wildfire Suppression Resources as necessary at the Sending Participant’s discretion.
RTP Payments processing may fail or be delayed due a review by either the Receiving, or the Sending, Participant, such as for fraud, regulatory, or compliance purposes.
For the purpose of tort liability, any employees, contractors, subcontractors, or agents of the Sending Participant sent to fight fires in a foreign country under this Arrangement are considered to be employees of the Receiving Participant.
The Sending Participant should provide all the safety equipment required to meet its regulations.
The costs may include the cost of premiums to purchase death and personal injury insurance for the employees of the Sending Participant, as more fully described in the Annual Operating Plan provided for in Part VII of this Arrangement.
Under the RTP Rules, a Sending Participant may initiate a Request for Return of Funds for any reason, including for an unauthorized, erroneous, or fraudulent RTP.
Neither the Sending Participant nor any organization associated with the firefighter shall be subject to any tort action pertaining to or arising out of fighting fires.
The Person initiating the RTP is the “Sender,” and its financial institution is the “Sending Participant.” • The Person receiving the RTP is the “Receiver,” and its financial institution is the “Receiving Participant.” • The Sender initiates the RTP by sending a “Payment Instruction” to the Sending Participant instructing it to make a payment in US Dollars to a Receiver.