Common use of Payment on Account Clause in Contracts

Payment on Account. Where amounts recoverable from the Company are delayed pending finalisation of any claim, payments on account may be made to you, if required, at the discretion of the Company.

Appears in 2 contracts

Sources: Takaful Agreement, Takaful Agreement

Payment on Account. Where In respect of any section where amounts recoverable from the Company are delayed pending finalisation of any claim, payments compensation on account may be made to youthe Participant, if required, at the discretion of the Company.

Appears in 2 contracts

Sources: Machinery Breakdown Takaful Participation Agreement, Participation Agreement

Payment on Account. Where If any amounts recoverable from the Company are delayed pending finalisation of any claim, payments on account accounts may be made to you, if required, You at the sole discretion of the Company.

Appears in 1 contract

Sources: Insurance Agreement