Payment Run definition
Payment Run means the processes which occur when a number of invoices are grouped together and paid at the same time.
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Related to Payment Run
Payment Amount has the meaning specified in Section 6.1.
Agreement Payment means a Payment paid or payable pursuant to this Agreement.
Payment Ahead means, with respect to a Precomputed Receivable and a Collection Period, any Excess Payment (not representing, when added to any Deferred Prepayment with respect to such Precomputed Receivable, a prepayment in full of such Precomputed Receivable) which the Servicer, in accordance with its customary servicing practices, will apply towards the payment of Scheduled Payments due in one or more future Collection Periods.
Installment Payment has the meaning ascribed to it in Section 2.02(a).
Delta Payment means as it is described in this Agreement.