Payment Acknowledgment definition

Payment Acknowledgment means a message submitted to the RTP Network by or on behalf of a Receiver to acknowledge receipt of an RTP Payment;
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Payment Acknowledgment. With respect to each Certificate pledged hereunder, an acknowledgment from the indenture trustee of the related Securitization Transaction, whereby such indenture trustee agrees to make all distributions required to be made on the related Certificate to the Collection Account.
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Examples of Payment Acknowledgment in a sentence

  • By accepting a Transaction The Customer agrees that the Bank should accept documents or drafts on the Customer's behalf and pay the remitting bank upon Customer's payment to the Bank pursuant to the Transaction (a "Payment Acknowledgment").

  • Employee and the Company are hereinafter sometimes referred to collectively as "the Parties." This Acknowledgment of Payment ("Acknowledgment") is made and entered into on the date set forth above.

  • The Borrower will not make any change, or permit Administrator to make any change, in its instructions to the applicable indenture trustee set forth in any Payment Acknowledgment, unless the Deal Agent shall consented to such change in writing and has received duly executed copies of all documentation related thereto.

  • The Administrator will not change the instructions given to the applicable indenture trustee pursuant to any Payment Acknowledgment unless the Deal Agent has consented to such change and has received duly executed documentation related thereto.

  • The Borrower will not change the instructions given to the applicable indenture trustee pursuant to any Payment Acknowledgment unless the Deal Agent has consented to such change in writing and has received duly executed documentation related thereto.