Advance Payment definition

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.

Advance Payment means any payment by an Obligor in advance of the related Due Period in which it would be due under such Contract and which payment is not a Principal Prepayment.

Advance Payment shall have the meaning set forth in Clause 19.2; “Affected Party” shall have the meaning set forth in Clause 21.1;

Examples of Advance Payment in a sentence

• Advance Payment: ☒ Not applicable Phase % of Total Amount Amount Real Amount Xxxxx Xxxxx & Xxxxx Assessoria Empresarial Ltda.

• Signature and seal of the Guarantors [name of bank or financial institution] [address] [date] Bank Guarantee for Advance Payment To: Chairman, National Highway Authority 27 – Mauve Area, G-9/1 Islamabad, Pakistan.

• Xxxxxxx CSXT Public Project Group DATE: 12/11/22 REVISED: 09/20/23 DATE: 12/14/22 EXHIBIT E PAYMENT SCHEDULE Advance Payment in Full Upon execution and delivery of notice to proceed with the Project, Agency will deposit with CSXT a sum equal to the Reimbursable Expenses, as shown by the Estimate.

• Advance Payment An advance payment of twenty per cent (20%) of the contract price (VAT if applicable) shall be paid after the singing of the contract.

• The State will promptly pay the Grantee an Advance Payment lump sum payment upon execution of this grant agreement.

More Definitions of Advance Payment

Advance Payment means the monetary amount payable to an employee ordered/authorized to depart or his/her designated representative in advance of the date on which the employee would otherwise be entitled to be paid.

Advance Payment is defined in Section 3.1(b) of this Agreement.

Advance Payment means the deposit of funds by the Client to pay for future expenses.

Advance Payment means a sum equal to the amount named in Special Conditions of Contract and paid to the Contractor by WAPCOS Limited by way of a mobilisation/advance payment in accordance with Clause 5.26.11 [Advance Payment].

Advance Payment means a payment foreseen in the Contract intended to provide the Contractor with liquidity to allow the initiation of the contractual works.

Advance Payment has the meaning given in Clause 5.1 and is in the amount set forth above in the Loan Facility Terms;

Advance Payment shall have the meaning set forth in Clause 19.2;