Trade Payment definition

Trade Payment means, in respect of all the Default Swap Agreements and Unfunded Default Swap Agreements in the aggregate and each Completed Trade, an amount determined by the Swap Counterparty equal to the USD Equivalent of the sum of:
Sample 1Sample 2Sample 3
Trade Payment means a payment made under a contract of insurance by an insurer to a third party supplier to replace or repair the insured’s goods which were lost, damaged or destroyed;
Sample 1Sample 2Sample 3
Trade Payment. Instrument" means any irrevocable and independent payment instrument in any form which constitutes or evidences a Reimbursable Payment Obligation.
Sample 1

Examples of Trade Payment in a sentence

  • After approval by BPCA and Construction Manager, the Trade Payment Breakdown shall not be changed or revised in any way without the written consent of Construction Manager.

  • Contractor shall be required to submit a detailed Trade Payment Breakdown.

  • The Trade Payment Breakdown, when approved by Construction Manager, shall be used only as a basis for Requisitions and shall not be considered as a basis for reducing or increasing the Contract Price.

  • Contractor shall not be required to submit a detailed Trade Payment Breakdown.

  • Prior to Mortgage Loan Commitment, the general contractor must submit a signed Trade Payment Breakdown acceptable to the Authority’s Design and Construction Manager.

  • The Costing Manager is authorized to approve the Trade Payment Breakdown.

  • Forward to the provisions of this Management Policy, Trade Settlement Date and Trade Payment Date coincide.

  • Cost figures shown on the Trade Payment Breakdown should match figures submitted in the updated LIHTC Program Application.

  • All such improvements should be clearly indicated in the applicant’s plans and specifications and the Project Cost Summary and Exploded Trade Payment Breakdown.

  • This information is not to be construed as a Schedule of Values or Trade Payment Breakdown, which may be required at a later date.

Related to Trade Payment

  • Trade Payables means, with respect to any Person, any accounts payable or any other indebtedness or monetary obligation to trade creditors created, assumed or Guaranteed by such Person or any of its Subsidiaries arising in the ordinary course of business in connection with the acquisition of goods or services.

  • Damage Payment means the dollar amount equal to the amount to be posted as Project Development Security pursuant to Section 8.4(a)(i) hereof.

  • Deficiency Payment has the meaning set forth in Section 9(a).

  • Lease Payment means any form of payment, including a land lease, by a public entity to the private entity for the use of a qualifying project.

  • Final Payment is a payment (in addition to and not a substitution for the regular monthly payments of principal plus accrued interest) due on the earliest to occur of (a) the Maturity Date, or (b) the acceleration of any Term Loan, or (c) the prepayment of a Term Loan pursuant to Section 2.2(c) or (d), equal to the original principal amount of such Term Loan multiplied by the Final Payment Percentage, payable to Lenders in accordance with their respective Pro Rata Shares.

  • Advance Payment means a payment that a federal awarding agency or passthrough entity makes by any appropriate payment mechanism, including a predetermined payment schedule, before the non-federal entity disburses the funds for program purposes.

  • Reimbursement Payment shall have the meaning given to that term in Subparagraph 2.02(c).

  • Capitation Payment means a payment the STATE makes periodically to the MCO for each Enrollee covered under the Contract for the provision of services as defined in Article 6 regardless of whether the Enrollee receives these services during the period covered by the payment.

  • Indemnity Payment shall have the meaning set forth in Section 4.4(a).

  • Late Payment Surcharge shall have the meaning ascribed thereto in Article 10.3.3 of this Agreement;

  • Down payment means all partial payments, whether made in cash or otherwise, received by or for the benefit of the seller before or substantially contemporaneous with either the execution of the installment sale contract or the delivery of the motor vehicle sold under that contract, whichever occurs later.