Payment Recipients definition

Payment Recipients means those Settlement Class Members who have not opted out of the Settlement and who are entitled to receive a payment pursuant to section IV below.
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Payment Recipients has the meaning set forth in Section 4.3(a);
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Examples of Payment Recipients in a sentence

  • Payment Recipients: As a Payment Recipient you are liable to PayPal if you lose a Claim from a buyer with a PayPal account registered anywhere in the world (whether under the PayPal Buyer Protection policy of the country of registration of that buyer’s PayPal Account or otherwise).

  • Despite subsection A4.3(c), the Recipient may transfer Funds between Budget lines according to the parameters set out in the Province’s “Financial Flexibility” Policy for Transfer Payment Recipients.

  • Each such Tax Benefit Payment shall be made by wire transfer of immediately available funds to the bank account previously designated by such TRA Payment Recipients or as otherwise agreed by the Corporation and such TRA Payment Recipients.

  • Payment Recipients with registered PayPal Account(s) in France who receive PayPal and/or card payments from buyers making eligible purchases outside of eBay.

  • Subject to the other provisions of this Article III, within five (5) Business Days following the date on which each Tax Benefit Schedule that is required to be delivered by the Corporation to the TRA Payment Recipients pursuant to Section 2.3(a) becomes final in accordance with Section 2.4(a) (such date, the “Final Payment Date” in respect of any Tax Benefit Payment), the Corporation shall pay to each relevant TRA Payment Recipient the Tax Benefit Payment as determined pursuant to Section 3.1(b).

  • For the avoidance of doubt, the failure to deliver a notice to the Agent pursuant to this Section 9.16(2) shall not have any effect on a Payment Recipient's obligations pursuant to Section 9.16(1) or on whether or not an Erroneous Payment has been made.

  • The amount of all or any portion of any Tax Benefit Payment or Early Termination Payment not made to the TRA Payment Recipients when due under the terms of this Agreement, whether as a result of Section 5.1 and the terms of the Senior Obligations or otherwise, shall be payable together with Default Rate Interest, which shall accrue beginning on the Final Payment Date and be computed as provided in Section 3.1(b)(ix).

  • If the Corporation chooses to exercise its right of early termination under Section 4.1 above, the Corporation shall deliver to the TRA Payment Recipients a notice of the Corporation’s decision to exercise such right (an “Early Termination Notice”) and a schedule (the “Early Termination Schedule”) showing in reasonable detail the calculation of the Early Termination Payment.

  • The Expert shall finally determine any Reconciliation Dispute and the determinations of the Expert pursuant to this Section 7.9 shall be binding on the Corporation and the TRA Payment Recipients and may be entered and enforced in any court having competent jurisdiction.

  • Such Early Termination Payment shall be made by the Corporation by wire transfer of immediately available funds to a bank account or accounts designated by the TRA Payment Recipients or as otherwise agreed by the Corporation and the TRA Payment Recipients.