Vendor Payments definition

Vendor Payments means money payments that are not payable directly to a household but are paid to a third party for a household expense.

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Vendor Payments means the payment of the following amounts to the Owners on the following dates to a Bank Account (whether in Argentina or elsewhere) notified by the Owners to the Company;

Vendor Payments means the payment of the following amounts to the Owners on the following dates to a Bank Account (whether in Argentina or elsewhere) notified by the Owners to the Company; USD $5,000 (having been paid on the date of signing the Heads of Agreement and Power of Attorney in favour of the Company and the provision to the Company of signed and dated transfers of Properties to be held in escrow): and USD $5,000 having been paid on xx December 2002 ; and USD $15,000 on 15 December 2003 (“ the Annual Payment Date); and USD $25,000 on the first anniversary of the Annual Payment Date; and USD $ 35,000 on the second anniversary of the Annual Payment Date; and USD $ 45,000 on the third anniversary of the Annual Payment Date; and USD $ 50,000 on each anniversary of the Annual Payment Date thereafter up to and including the eleventh (11th) anniversary of the Annual Payment Date. Provided that, upon a Development Decision having been made by the Company, the Company shall not be obliged to make any payment set out above after the date of that Development Decision except as may be required to give effect to Clause 3.10 and the Company’s obligation to make a payment on a particular date may be satisfied by making that payment before that date.

Examples of Vendor Payments in a sentence

In the event any policy of insurance required under this Agreement does not comply with these specifications or is canceled and not replaced, Agency has the right but not the duty to obtain the insurance it deems necessary and any premium paid by Agency will be promptly reimbursed by Vendor or Agency will withhold amounts sufficient to pay premium from Vendor payments.
Upon completion of the technical assistant training/program, each participant will be awarded a total of $1,500 as business grant fund to cover expenses such as: • Rent payment • Reimbursement for COVID-19 related expense • Vendor payments • Inventory Reporting: LIBA will provide the City with a detailed report including the names, contact information, date of training for businesses that participate in the trainings.

More Definitions of Vendor Payments

Vendor Payments has the meaning ascribed thereto in Section 2.2;

Vendor Payments means energy assistance payments made to fuel suppliers in behalf of an eligible household.

Vendor Payments means all payments (including, without limitation, checks written, electronic payments and letters of credit issued or presented) made by the Borrower and its Subsidiaries to trade creditors for Inventory (excluding Inventory obtained by the Borrower or its Subsidiaries on consignment).

Vendor Payments refers to payments made by DTA on behalf of TAFDC and EAEDC clients to third parties for rent and utilities from funds deducted from those recipients’ TAFDC and EAEDC grants.