Payment Arrangement definition
Examples of Payment Arrangement in a sentence
Ordinarily, the Payment Arrangement offered should result in payment of any remaining outstanding balance within 12 months.
Such arrangements shall be subject to the Law and the Standing Orders and Standing Financial Instructions (or equivalent) of the Partners and the terms of the Performance Payment Arrangement.
The General Manager, or his or her designee, is authorized to prepare and approve a Payment Arrangement agreement with a customer consistent with this Section 4.
Customers who have an overall debt not exceeding €5,000 may be granted a once off concession of a Phased Payment Arrangement without entering into a Formal Instalment Arrangement.
It is important to note that businesses with COVID-19 related tax debts which are warehoused, or non-COVID liabilities which are included in a Phased Payment Arrangement, qualify for tax clearance, despite having these outstanding debts.