Payment Timing definition

Payment Timing. The amount required herein shall be paid in full within 60 days of the date of approval by the Review Committee. Payment shall be made to the City of St. Cloud Public Utilities for reimbursement to selling Contract Users for deposit in the Pool Capacity Account. If payment is not received within the time specified, the Review Committee’s action to allocate PCU to the applicant City shall be considered null and void. If applicant cannot meet specified timeline, a written request to adjust the payment timing can be submitted to the Review Committee for consideration.

Examples of Payment Timing in a sentence

  • The undersigned agree that, in connection with the closing of the initial purchase of receivables pursuant to the Purchase Agreement, the following information is accurate: Payment Timing Adjustment1 Albany International Corp.

  • These requirements are addressed in the Project certification, monitoring, review, status, and recoupment provisions in Sections 3 (Project Completion), 4 (Payment Timing and Procedures), 10.1 (Monitoring, Review, and Status), and 10.2 (Records Retention and Access).

  • Customer will pay in full the amount specified as due on each undisputed invoice, including without limitation sales taxes and any shipping charges, within the time period specified on such invoice ("Payment Timing"), measured from the date of issuance of such invoice, subject to continuing credit approval of Customer.

  • In the event Customer does not remit payment in accordance with these Terms and Conditions or such modified Payment Timing, Seller has the right immediately: (a) to stop all provision of Sales Offerings; and/or (b) to terminate any currently effective and not expired Transaction Document.

  • Payment Timing – Except as otherwise provided in the following sentence, the Bonus Award Payment will be paid as soon as practicable following the date the Committee determines the Performance Goal Attainment Factor and determines a Bonus Award has vested and is payable for the Performance Period.

  • Company shall pay Contractor’s invoices as follows: Payment Timing.

  • Refer to CDWG Quote Attached Make/Model TERM AND LEASE PAYMENT Lease Term (Months) 60 Lease Payment $18,110.16 (Includes PPT) Documentation Fee N/A Payment Timing (Check one) Advance Arrears Plus Applicable SCHEDULE Additional Provisions: N/A Latest Commencement Date October 31, 2018 Payment Frequency (Check one) Monthly Quarterly Other Annually Taxes You agree to lease the equipment described above (collectively, “Equipment”) on the terms and conditions of this lease agreement (“Lease”).

  • Before December 31, 2025* *Note: The City may unilaterally amend the Final Payment Timing in the event more time is required for the Recipient to meet its obligations under the Agreement and/or the City requires more time to evaluate if the Recipient has successfully met its obligations under the Agreement.

  • Payment Timing The Company shall make payment for each Restricted Stock Unit that vests hereunder upon the first to occur of: (i) the Scheduled Vesting Date of such Restricted Stock Units, or (ii) your “Separation from Service” (as defined for purposes of Code Section 409A) (the first event to occur being the “Applicable Payment Event”).

  • These fees will be paid based upon the receipt of a valid invoice as defined above in Section 3, Payment Timing.

Related to Payment Timing

  • Payment Time means the time when a Stock Retainer is payable to a Participant pursuant to Paragraph 5 hereof (without regard to the effect of any Deferral Election).

  • Debit Payment means a particular transaction where a debit is made.

  • Net Payment With respect to any Distribution Date on or prior to the Swap Contract Termination Date, an amount equal to the sum of (i) any Current Interest and Interest Carry Forward Amounts in respect of the Benefited Certificates, (ii) any Net Rate Carryover in respect of the Benefited Certificates, (iii) any Unpaid Realized Loss Amounts in respect of the Benefited Certificates and (iv) any Overcollateralization Deficiency Amount, in each case remaining unpaid (or in the case of Overcollateralization Deficiency Amount, remaining) following the distribution to the Benefited Certificates of Excess Cashflow and Credit Comeback Excess Cashflow pursuant to Section 4.04(c) of the Pooling and Servicing Agreement. With respect to any Distribution Date after the Swap Contract Termination Date, zero.

  • Agreement Payment means a Payment paid or payable pursuant to this Agreement.

  • Settlement Payment means the transfer, or contractual undertaking (including by automated clearing house transaction) to effect a transfer, of cash or other property to effect a Settlement.