Direction to Pay definition

Direction to Pay means a letter executed by the Borrower or other applicable Loan Party and delivered to a Licensee (or its agent), substantially in the form of Exhibit G hereto or such other form as shall be reasonably acceptable to the Administrative Agent, which letter provides irrevocable instructions to such Licensee (or its agent) to remit payments due to Borrower or such other Loan Party directly to a Collection Account.

Direction to Pay means the irrevocable order and direction to pay from the Borrower to EPMI, directing EPMI to pay to EMCLP all amounts owing to the Borrower under the SD PSA;

Direction to Pay means the authorization from the Participant which allows AMSC to pay the Qualified Contractor on the Participant’s behalf found in Schedule B;

Examples of Direction to Pay in a sentence

• The April 13, 2020 Direction to Pay has now directed AGV to deliver US$250,000 in cash proceeds as repayment on the principle amount of US$250,000.

• The Grantor’s present and future right, title and interest in the right to receive the payment of the Direction to Pay Amount under each Extension Access Agreement and Nominated Access Agreement (as those terms are defined in the Extension Infrastructure Sub Lease).

• The Lessor or any person to whom the Lessor assigns any right to receive any payments hereunder (whether by Direction to Pay or otherwise) shall be and shall remain liable for all income taxes assessed against either of them in respect of such payment, without recourse to the Lessee.

• The Grantor or any person to whom the Grantor assigns any right to receive any payments hereunder (whether by Direction to Pay or otherwise) shall be and shall remain liable for all income taxes assessed against either of them in respect of such payment, without recourse to the Grantee.

• On April 13, 2020, NXT has cancelled the previous Direction to Pay and has issued a new Direction to Pay to AGV.

More Definitions of Direction to Pay

Direction to Pay means the document by which the Council directs Canada to deposit the Compensation Balance, authorized by the corresponding Council Resolution for payment, substantially in the form attached to this Settlement Agreement as Schedule 4.

Direction to Pay means a written instruction from the 718 insured to the insurer directing the insurer to pay the health 719 care provider directly.

Direction to Pay means the Direction to Pay form attached to this Deed Poll;

Direction to Pay means the document by which the Mohawk Council of Akwesasne directs Canada to deposit the Settlement Amount in accordance with Section 3.0, as set out in Schedule 8;

Direction to Pay means the direction from Opco to Purchaser for Purchaser to pay $20,000,000 at the Closing Time to Xxxx'x Furniture Limited, for and on behalf of Opco and in satisfaction of Opco’s payment obligation under the Payment Agreement, such payment to be an advance by Purchaser to Opco at the Closing Time.

Direction to Pay means any Payment Agreement, dated as of the date hereof, between a Borrower, the applicable Master Distributor, the applicable Receivables Sub and the Administrative Agent, in such form as may be reasonably acceptable to the Administrative Agent, as amended, supplemented or otherwise modified, renewed or replaced from time to time, directing such Master Distributor to remit all proceeds of the Collateral (as defined under the Receivables Sub Credit Agreement) pledged by such Borrower to the Administrative Agent and the Collateral pledged by such Receivables Sub to the Receivables Administrative Agent, to the applicable Collection Account.

Direction to Pay means a duly executed irrevocable direction to pay, substantially in the form attached hereto as Exhibit A;