Payment Evidence definition

Payment Evidence shall have the meaning specified in Section 5.13 of the Agreement.
View Source
Payment Evidence means, in relation to any Borrower’s Costs, (i) a report setting out each person to whom such Borrower’s Costs are payable, (ii) the amount payable to each such person and (iii) a payroll report evidencing the most recent total payroll payment.
View Source

Examples of Payment Evidence in a sentence

  • The party receiving such Invoice or Payment Evidence shall, within thirty (30) days following its receipt thereof, reimburse the discovering party for any amounts that it was required to pay (but did not pay) on the Purchase Date in accordance with Section 2.03(b).

  • The parties hereto hereby also agree that, with respect to the first $50,000 of any J.D. ▇▇▇▇▇▇▇ ▇▇▇ments made by the Company for which Payment Evidence is delivered to the Agent, the amount of such J.D. ▇▇▇▇▇▇▇ ▇▇▇ments shall be applied to reduce the dollar amount of the Indemnity Basket on a dollar-for-dollar basis.

  • Procedures for Payment; Evidence of Debt ..........5 Section 1.09.

  • On May 1 and November 1 of each year, commencing May 1, 2020, the Developer shall deliver to the Authority an Advance Certificate and applicable Payment Evidence for TIF Qualified Costs paid in the preceding six-month period.

  • To the extent that Lender is not in receipt of the Assessment Payment Evidence, Lender may, at Lender’s option, require Borrower for the remainder of the Loan to deposit into an Eligible Account held by Lender or any Servicer appointed by Lender (the “Assessment Reserve”) a monthly amount sufficient to pay the Assessments when due.

  • The parties hereto hereby agree that, to the extent the Company makes any payments to J.D. ▇▇▇▇▇▇▇ (▇▇e "J.D. ▇▇▇▇▇▇▇ ▇▇▇ments") pursuant to any Software Settlement or the Software Agreements, the Purchaser shall cause cancelled checks or other customary commercial evidence of such payments (the "Payment Evidence") to be delivered to the Agent.