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.
Sample 1

Examples of Payment Timing in a sentence

  • Subject to Sections 1.38 (Requirements Regarding Notices) and 1.50 (Payment Timing), in order to determine the day on which an event occurs for purposes of this Credit Annex, the demarcation of days shall be made by reference to Greenwich Mean Time (or, if the Transaction Type of the Reference Entity relates to Japan, Tokyo time), irrespective of the time zone in which such event occurred.

  • Subject to Sections 1.38 (Requirements Regarding Notices) and1.50 (Payment Timing), in order to determine the day on which an event occurs for purposes of this Credit Annex, the demarcation of days shall be made by reference to Greenwich Mean Time (or, if the Transaction Type of the Reference Entity relates to Japan, Tokyo time), irrespective of the time zone in which such event occurred.

  • Payment Timing: The amount required herein shall be paid in full within 60 days of the date of approval by the Review Committee.

  • Forms of Payment Timing Pensions are payable monthly on the last day of each calendar month.

  • In such circumstances, Section 6(c) shall continue to apply to the Transaction only to the extent Buyer timely complies with all of Buyer’s other Buyer Settlement Platform Requirements.12(d) Notification of Assignment Effectiveness; Payment Timing.

  • Subject to Sections 1.38 (Requirements Regarding Notices) and1.50 (Payment Timing), in order to determine the day on which an event occurs for purposes of this Credit Annex, the demarcation of days shall be made by reference to Greenwich Mean Time (or, if the Transaction Type of theReference Entity relates to Japan, Tokyo time), irrespective of the time zone in which such event occurred.

  • Payment Timing Proposers are advised that the contract with the successful proposer will permit the City to make payments to the successful proposer for approved services in accordance with, and within the time permitted by, the law governing prompt payment of public contracts for the purchase of goods and services.

  • The proposal should be submitted in a format that can readily be incorporated into the City’s standard form Professional Services Agreement (Appendix A) including Project Description, Scope of Services, Duties of Consultant, Duties of the City, Fees and Payment, Timing and Schedule for Completion.

  • The Earned Income Tax Credit: Program Outcomes, Payment Timing, and Next Steps for Research, OPRE Report #2021-34.

  • Federal Unemployment Taxes: Payment Timing and Requirements for EmployersRequired Quarterly PaymentOnce employers owe more than $500 in estimated federal unemployment tax, they are required to pay the federal unemployment taxes on a quarterly basis.24 Employers must use Internal Revenue Service (IRS) Form 940,25 an annual tax form, to reconcile the quarterly deposits to the actual tax liability.

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.

  • Payment Cap For each Mortgage Loan, the percentage limit set forth in the related Mortgage Note concerning the maximum permitted increase in a monthly payment.

  • 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.

  • Event Payments has the meaning set forth in Section 6.1(d).

  • FILOT Payments means the amount paid or to be paid in lieu of ad valorem property taxes as provided herein.

  • Reimbursement Payment shall have the meaning given to that term in Subparagraph 2.02(c).

  • Installment Payment has the meaning ascribed to it in Section 2.02(a).

  • Production Payment means a production payment obligation (whether volumetric or dollar denominated) of the Borrower or any of its Restricted Subsidiaries which are payable from a specified share of proceeds received from production from specified Oil and Gas Properties, together with all undertakings and obligations in connection therewith.

  • 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.

  • Payment Amount as defined in Section 3.5.

  • Cash Payment System means a payment system that generates any transfer of funds through a transaction originated by cash, check, or similar paper instrument. This includes electronic payments to a financial institution or clearing house that subsequently issues cash, check, or similar paper instrument to the designated payee.

  • Capitation Payment means a payment the STATE makes periodically to the MCO for each Enrollee covered under the Contract for the provision of services as defined in Article 6 regardless of whether the Enrollee receives these services during the period covered by the payment.

  • Installment Payments shall have the meaning set forth in Section 5(b)(ii).

  • Contingent Payments has the meaning set forth in Section 2.02(a).

  • Contingent Payment has the meaning set forth in Section 4.2 (Contingent Payments).

  • Adjustment Payment shall have the meaning specified in Section 3.09(a).

  • Next Payment means, in respect of each Next Payment Date, the greater of (i) the amount of any payments due to be made by Party A under Section 2(a) on such Next Payment Date less any payments due to be made by Party B under Section 2(a) on such Next Payment Date (in each case, after giving effect to any applicable netting under Section 2(c)) and (ii) zero.

  • Progress Payment means a payment by a public agency to a contractor for work in place under the terms of a construction contract.

  • Upfront Payment has the meaning set forth in Section 4.1.

  • Premium payment plan means a benefit plan whereby state and

  • Settlement Time means any time within two Business Days immediately following the Creation Order Date or the Redemption Order Date, as applicable.

  • Tariff Payment means the payments to be made under Monthly Bills as referred to in Article 10 and the relevant Supplementary Bills;

  • Payment Plan means the schedule of payment prescribed in Schedule C;