Advance Payment definition

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

Examples of Advance Payment in a sentence

  • Vacation for Full Time Staff Members (see article for detailed information): days after five years days after ten years days after fifteen years days after twenty years Mid-month Advance: Payment of Professional Dues: The Council will pay the professional dues for Staff Members who require registration in the Alberta Association of Registered Nurses as a condition of eligibility for employment with University.

  • The payment method used by the Agency is either a Cost Reimbursement or an Advance Payment.

  • If an advance payment is requested, an estimated expense table and justification statement shall be included with this Agreement as indicated in Attachment E, Justification of Advance Payment.

  • The forms for Performance Security and Advance Payment Security, when required, shall only be completed by the successful tenderer after contract award.

  • If this box is selected, advance payment is authorized for this Agreement and Exhibit “H”, Alternative Advance Payment Financial Provisions is attached and incorporated into this 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 shall have the meaning ascribed to it in Clause 8.2.2;
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 payment foreseen in the Contract intended to provide the Contractor with liquidity to allow the initiation of the contractual works.
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 has the meaning given in Clause 4.1 and is in the amount set forth above in the Loan Facility Terms.