Active Payment definition

Active Payment means the payment made to the Applicant by Scottish Hydro Electric pursuant to Clause 4.2 and calculated in accordance with Part 2 of the Schedule;
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Examples of Active Payment in a sentence

  • The Supplier will refer any Customer back to the Client if it is not able to make a Payment as it is no longer an Active Payment Instruction.

  • For the avoidance of doubt, there will be no obligation on Post Office to provide the Payout Service in relation to a Payment Instruction which is no longer an Active Payment Instruction, has been printed or produced by the Client and is not compatible with the Post Office System or which does not comply with the terms of this Agreement.

  • Without limiting the generality of the foregoing, the server description language configuration files (i) used to configure and customize the generic workflow/application server of the Active Payment Platform (as described below) to implement GCA’s business logic, transaction flows and screens, and (ii) that are developed as part of the instance of the Active Payment Platform developed by Infonox that permits users of specified devices to use GCA’s cash access services, shall be GCA Work Product.

  • Without limiting the generality of the foregoing, and except for the Active Payment Platform owned by Infonox on the Web, the Company or one of its Subsidiaries owns and possesses all right, title and interest in and to all Intellectual Property Rights created or developed by or under the direction or supervision of any of the Company’s or its Subsidiaries’ employees or independent contractors relating to the business of the Company or its Subsidiary, as applicable.

  • At all times the Balance must at least equal the aggregate face value of: (i) all Active Payment Instructions that have not been discharged by Payment having been made; and (ii) the amount of all regular periodic payments made in respect of any existing Payout NOW! Scheme after deduction of: (a) the amounts (if any) referred to in clause (i) to the extent these amounts relate to any such Scheme; and (b) all Payments already made under any such Scheme(referred to below as the “Required Balance”).

  • GCA agrees that the Infonox Technology, including but not limited to the Active Payment Platform, shall be the sole and exclusive property of Infonox, and except as otherwise provided in a separate license or other written agreement between GCA and Infonox, GCA shall have no right or interest in any Infonox Technology.

Related to Active Payment

  • Incentive Payment means the payments made pursuant to Section VII.E.

  • Severance Payment means any amount paid by a board to or in behalf of a superintendent on early termination of the superinten- dent’s contract that exceeds the amount earned by the superinten- dent under the contract as of the date of termination, including any amount that exceeds the amount of earned standard salary and benefits that is paid as a condition of early termination of the con- tract. Payments to a former superintendent who remains employed by a district in another capacity or contracts with a district to pro- vide the district services may be severance payments in whole or in part if the payments are compensation for the early termination of a prior employment agreement. Severance payments include any payment for actual or threatened litigation involving or related to the employment contract. Education Code 11.201(c); 19 TAC 105.1021(a)(1)

  • Separation Payment means any lump sum cash payment in excess of Earned Salary and Accrued Obligations payable to Employee under this Agreement.

  • Final compensation of a member means:

  • Lump Sum Payment means a single payment that is not anticipated to continue.