Provisional Payment definition

Provisional Payment means the amount in Guarantee Currency that MIGA may elect to pay the Guarantee Holder in accordance with Section 6.7 pending the issuance of an Award.
Provisional Payment means the amount in Guarantee Currency that MIGA may elect to pay the Guarantee Holder in accordance with Section 6.2 pending the issuance of an Award.
Provisional Payment. Credit given by SECU to you with respect to an ACH credit entry is provisional until we receive final settlement for such entry through a Federal Reserve Bank. If we do not receive such final settlement, you are hereby notified and agree that we are entitled to a refund of the amount credited to you in connection with such entry, and the party making payment to you via such entry (i.e., the originator of the entry) shall not be deemed to have paid you the amount of such entry. Applicable Law: SECU may accept on your behalf payments to your account which have been transmitted through one or more ACH entries and which are not subject to the Electronic Fund Transfer Act and your rights and obligations with respect to such payments shall be construed in accordance with and governed by the laws of the State of North Carolina as provided by the NACHA rules. Federal Wire Transfers Applicable Law: This section applies to wire transfers you send or receive through us but does not apply to any aspect of a fund transfer if that part of the transfer is governed by Regulation E (which is addressed in the previous section, “Electronic Fund Transfers”). Wire transfers are subject to Article 4A of the North Carolina Uniform Commercial Code and any rules in effect at the time of the transfer governing the use of the system(s) through which funds are transmitted. However, wire or other fund transfers sent outside the United States that are initiated primarily for personal, family, or household purposes (called Remittance Transfers) are governed primarily by federal law, and not by this section; your rights regarding Remittance Transfers will be disclosed to you in connection with each Remittance Transfer transaction that you make. Wire transfers are also governed by the Wire Transfer Form, which is provided when you make a wire transfer and is available upon request.

Examples of Provisional Payment in a sentence

  • Provisional Payment: The Seller will be entitled to charge and invoice (such invoice being the "Provisional Invoice") the Buyer for a provisional payment of 95% of the Estimated Price (Tax shall be calculated as per current Mexican IVA law - Ley de impuesto al Valor Agregado at a 0% rate as specified in article 2.A.), in respect of each shipment of Concentrate, once such Estimated Price has been calculated in accordance with Clause 7 above against presentation of Provisional Documents.


More Definitions of Provisional Payment

Provisional Payment has the meaning set forth in Section 8.2(a).
Provisional Payment has the meaning specified in Section 31.3.
Provisional Payment means, for any quantity of Crude Oil reflected in a Daily Invoice, an amount equal to such quantity multiplied by the Provisional Price for such quantity.
Provisional Payment means RUB one billion seven hundred and forty five million (1,745,000,000), payable by the Buyer to the Sellers pursuant to the Letters of Credit or in accordance with Clause 3.7.
Provisional Payment means £[***], being the sum payable by the Buyer in accordance with Clause 3.1 and due on Completion on account of the Initial Consideration in accordance with Clause 3.4.
Provisional Payment shall have the meaning ascribed to such term in Section 1.01(b) of this Exhibit A.
Provisional Payment. Credit given by the Credit Union to you with respect to an automated clear- ing house (ACH) credit entry is provisional until we receive final settlement for such entry through a Federal Reserve Bank. If we do not receive such final settlement, you are hereby notified and agree that we are entitled to a refund of the amount credited to you in connection with such entry, and the party making payment to you via such entry (i.e., the originator of the entry) shall not be deemed to have paid you the amount in the entry. Notice of Receipt of Entry: Under the operating rules of the National Automated Clearing House Association, which are applicable to ACH transactions involving your account, we are not required to give next-day notice to you of receipt of an ACH item and we will not do so. However, we will continue to notify you of the receipt of payments in the periodic statement we provide to you. Choice of Law: We may accept payments to your account on your behalf, which have been trans- mitted through one or more Automated Clearing Houses (ACH) and which are not subject to the Electronic Fund Transfer Act, and your rights and obligations with respect to such payments shall be considered in accordance with, and governed by the laws of the state of Colorado, unless it has otherwise been specified in a separate agreement that the law of some other state shall govern. ACCOUNT RATES AND FEES We pay dividends/interest and assess fees against your account as set forth in the Rate and Fee Schedule. We may change the Rate and Fee schedule at any time and will notify you as required by law.