Advanced payment definition

Advanced payment means financial assistance made available to an institution for its program cost prior to the month in which such costs will be incurred.
Advanced payment means funds made available to an entity institution for its CACFP costs prior to the month in which such costs will be incurred.
Advanced payment has the meaning set forth in Appendix C.

Examples of Advanced payment in a sentence

  • Advanced payment of consideration: payment made by the factoring company to the assigning client of the whole or a part of the consideration for the assignment of the receivable, executed at the assigning client request and, at the discretion of the factoring company, prior to the maturity or collection date of the assigned receivables.

  • Advanced payment must be reconciled by the Councillor and acquitted for by receipts or refund.

  • Payment is delivered upon completion of works - Advanced payment has exceptionally been paid through private treaty if strongly requested.

  • Advanced payment on a non-monthly basis is only a term of payment and does not grant the Customer any advantage whatsoever or protection against any rate increase applicable to any portion of period for which the Customer’s last payment was received.

  • Advanced payment secures the time slot for staff and equipment usage for one month.


More Definitions of Advanced payment

Advanced payment means that the buyer (importer) pays a certain amount before shipping the products to the seller (exporter) via credit card or other money transfer methods.
Advanced payment has the meaning set forth in Section 2.02(c)
Advanced payment as used herein means the amount required to be paid by Buyer to Seller on a date or dates specified herein, in anticipation of production payment to guarantee a specific monthly and specific yearly return to Seller. Advance payment shall be payable in the specified amount where no production payment has accrued during the preceding calendar month; where production payment during the preceding calendar month equals or exceeds the advanced payment, no advance payment shall be due or payable.
Advanced payment means any payment made by the Council to the Contractor prior to delivery of the Goods
Advanced payment has the meaning set forth in Section 3.1.
Advanced payment means those payments made by the School to the Town in the amount of FORTY THOUSAND AND 00/100 DOLLARS ($40,000.00) ?????? as described in Section 2 of this Contract.
Advanced payment. Party B completely and solely pays the expenses. Party A shall submit a detailed list of payment and open a corresponding invoice on monthly basis for Party B's confirmation. o "Service fee" - 0.1% of total "Advanced payment" will be charged. o Agent service fee" - Max. 2.5% of total exporting revenue of Party B will be charged. 2) Party A is entitled to deal with other matters non-relating to Party B, but the expenses occurring hereof shall not be concluded in the operating cost. Party B shall have the right at any time during the Term through its employees and/or its accountants to fully examine such books and records relating to the "agent service" during regular business hours. In case it discloses an error, Party B has the right to change the "Agent Service" payable to Party A. 3) The collection of Party A for Party B: Party A shall pay all the expenses in advance and shall submit a monthly report to Party B and invoices Party B on the 5th day of next month. Party B shall pay the money to Party A by T/T upon receipt of such invoice 8. Without the consent of Party B, Party A shall not:- 1) disclose any information relating to Party B's business or substantial trades during the Term: 2) engage in any activities which may reasonably be deemed in party B's sole opinion as competitive to the products or injurious to the sales potential of Party B's products. 9. Party B may terminate this Contract by giving a written notice to Party A if:- 1) Party A substantially fails to abide any terms or conditions of this Contract; 2) Party A defaults in any payment due to Party B; 3) Party A is liquidated or dissolved upon the request of Party B or any