Automatic disbursement definition

Automatic disbursement means payment, by a financial institution to a licensee, of funds received pursuant to an allotment.
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Examples of Automatic disbursement in a sentence

  • Automatic disbursement notifications via email and/or SMS text message.

  • Repka, MD, MBA CMS Accelerated and Advance Payment Program • $34B in advance payments to Hospitals and Physicians • To assist in immediate cash flow needs • Request from MACs – repay within 210 days from grant (recoupment or remittance) CARES Act Provider Relief Funds • $30 B to hospitals and providers o based on Medicare Part B Claims in 2019 • Support healthcare-related expenses or lost revenue attributable to COVID-19 • Automatic disbursement o April 10.

  • These controls are intended to help provide reasonable assurance that the resulting data is accurate and reliable.” 5Effect: Automatic disbursement of sales taxes by the system amongst line items on an invoice has resulted in expenses being applied to non-taxable line items, such as, labor and/or installations.(Image.1)6 Cartoon Stock (2016) Cause: The department manual does not differentiate distribution of added cost to non- taxable or non-shippable line items.

  • These controls are intended to help provide reasonable assurance that the resulting data is accurate and reliable.” 5Effect: Automatic disbursement of sales taxes by the system amongst line items on an invoice has resulted in expenses being applied to non-taxable line items, such as, labor and/orinstallations.(Image.1)6 Cartoon Stock (2016) Cause: The department manual does not differentiate distribution of added cost to non-taxable or non-shippable line items.

Related to Automatic disbursement

  • L/C Disbursement means a payment or disbursement made by an Issuing Bank pursuant to a Letter of Credit.

  • LC Disbursement means a payment made by an Issuing Bank pursuant to a Letter of Credit.

  • Revolving Commitment Termination Date means the earliest of (i) July 31, 2018, (ii) the date on which the Revolving Commitments are terminated pursuant to Section 2.8 and (iii) the date on which all amounts outstanding under this Agreement have been declared or have automatically become due and payable (whether by acceleration or otherwise).