Payment to definition

Payment to. SECURITY AGENT Any amounts paid or delivered to the Security Agent shall be held by the Security Agent on trust for application in accordance with Clause 24 (Appropriation).
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Payment to. Amount: $ Hold back as to Amount (if any): Total Amount Payable: From Which Account: Reason for Payment: Such amount is based on an obligation properly incurred pursuant to the provisions of the Agreement, is a Proper Charge against said Project Fund, is unpaid or unreimbursed from the Project Fund and has not been the basis of any previous withdrawal. The amount requested, to the extent it represents work performed or supervised by officers or employees of the Borrower, does not exceed the actual cost to the Borrower of any cost or expense incurred by reason of work performed or supervised by officers or employees of the Borrower or any of its affiliates. No Event of Default has occurred and is continuing under any provision of the Agreement. I further certify that no written notice of any lien, right to lien, attachment upon or claim, affecting the right to receive payment of, any of the monies payable under this requisition has been received, or if any notice of any such lien, attachment or claim has been received, such lien, attachment or claim has been released or discharged or will be released or discharged upon payment of this requisition.
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Payment to. Amount: Reason for Payment: Such amount is based on an obligation properly incurred pursuant to the provisions of the Loan Agreement, is a Proper Charge against said Project Fund, is unpaid or unreimbursed from the Project Fund and has not been the basis of any previous withdrawal. The amount requested, to the extent it represents work performed or supervised by officers or employees of the Borrower, does not exceed the actual cost to the Borrower of any cost or expense incurred by reason of work performed or supervised by officers or employees of the Borrower or any of its affiliates. The Borrower is not in default under any provision of the Loan Agreement. I further certify that no written notice of any lien, right to lien, attachment upon or claim, affecting the right to receive payment of, any of the monies payable under this requisition has been received, or if any notice of any such lien, attachment or claim has been received, such lien, attachment or claim has been released or discharged or will be released or discharged upon payment of this requisition.
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Examples of Payment to in a sentence

  • Each of (i) the subordination of interest payments to the Noteholders of the Class B Notes to the payment of any First Priority Principal Payment to the Noteholders of the Class A Notes and (ii) the subordination of interest payments to the Noteholders of the Class C Notes to the payment of any Second Priority Principal Payment to the Noteholders of the Class A Notes and the Class B Notes under Section 8.2(c) is a subordination agreement within the meaning of Section 510(a) of the Bankruptcy Code.

  • Payment to Consultant for work performed pursuant to this Agreement shall not be deemed to waive any defects in work performed by Consultant.

  • Payment to the Executive or any Beneficiary hereunder shall be made from assets which shall continue, for all purposes, to be part of the general, unrestricted assets of the Employer and no person shall have any interest in any such asset by virtue of any provision of this Agreement.

  • Notwithstanding the foregoing, in the event any portion of the Tax Reimbursement Payment to be refunded to the Company has been paid to any Federal, state or local tax authority, repayment thereof shall not be required until actual refund or credit of such portion has been made to the Executive, and interest payable to the Company shall not exceed interest received or credited to the Executive by such tax authority for the period it held such portion.

  • Payment to the Contractor in accordance with this section shall constitute the Contractor’s exclusive remedy for any termination hereunder.

  • The calculated interest portion is then subtracted from the related Monthly Payment to obtain the principal portion.

  • Payment to Consulting Engineer/Architect, as compensation for these services, shall be in accordance with the hourly rate schedule attached as Exhibit B.

  • If the Accounting Firm determines that any Excise Tax is payable by the Executive, the Company shall pay the required Gross-Up Payment to the Executive within five business days after receipt of such determination and calculations with respect to any Payment to the Executive.

  • Payment to Agent and Lender by Borrower of the Secured Obligations is due in the State of California.

  • Upon approval of the Final Invoice by University, University will pay (Final Payment) to Contractor the amount due under the Final Invoice.


More Definitions of Payment to

Payment to. Bankers Trust Company 1 Ba▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇ ▇▇▇: Dori▇ ▇▇▇▇▇ 212-▇▇▇-▇▇▇▇ ▇▇▇#: 021-▇▇▇-▇▇▇ ▇▇▇ount Name: GECC - PlayCore Account Number: 50-2▇▇-▇▇▇ ▇o IndoSuez: Payment to: Citibank, N.A. - New York ABA #: 021-▇▇▇-▇▇▇ ▇▇▇ft Code: CITI▇▇▇▇ ▇▇▇ount: 361 42 537 Name: Credit Agricole Indosuez Chicago Branch CAI-CAP 134 ANNEX I (SECTION 11.10) TO CREDIT AGREEMENT NOTICE ADDRESSES
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Payment to. Amount: Reason for Payment: Such amount is based on an obligation properly incurred pursuant to the provisions of the Indenture and has not been the basis of any previous withdrawal. The Company is not in default under any provision of the Indenture or the Security Agreement. I further certify that no written notice of any lien, right to lien, attachment upon or claim, affecting the right to receive payment of, any of the monies payable under this requisition has been received, or if any notice of any such lien, attachment or claim has been received, such lien, attachment or claim has been released or discharged or will be released or discharged upon payment of this requisition. Capitalized terms used herein and not otherwise defined shall have the meaning given thereto in the Indenture.
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Related to Payment to

  • Payment means any payment or distribution in the nature of compensation (within the meaning of Section 280G(b)(2) of the Code) to or for the benefit of the Executive, whether paid or payable pursuant to this Agreement or otherwise.

  • Payments has the meaning set forth in Section 6.12.1.

  • Payment Recipient has the meaning assigned to it in Section 8.09(a).

  • 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 Claim means the claim for payment made by the Contractor in accordance with this Contract.