Nominated Recipient definition
Examples of Nominated Recipient in a sentence
For the avoidance of doubt, even where FiT Payments are being made to a Nominated Recipient, You will remain fully responsible to Us for complying with this Agreement.
We will not start making FiT Payments to the Nominated Recipient until We have all the information that We need to verify that person’s details and update the Central FiT Register accordingly.
We will then send You a change of Nominated Recipient form for You to complete and return to Us. We will not start making FiT Payments to the new Nominated Recipient until We have all the information that We need to verify that person’s details and update the Central FiT Register accordingly.
It is your responsibility to inform the Participating Employees of the charge, and no backdated amounts will be distributed to the Nominated Recipient.
If We overpay any FIT Payments then We may recover the relevant amount from You (whether the FIT Payment has been paid to You or the Nominated Recipient) or off set such amount from any subsequent FIT Payments.