Qualification Payment definition

Qualification Payment means the fee payable by the Authority to the Provider in accordance with the provisions of paragraphs 11 and 18 of Schedule 3 (Payment Requirements).
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Examples of Qualification Payment in a sentence

  • A Qualification Payment may be claimed for the achievement by the Claimant of an NVQ/SVQ of any level or other work based qualification that is recorded in the Claimant’s Individual Learning Plan and supports the Claimant’s stated work goal (“Qualification”).

  • The Laundry Team Qualification Payment in Schedule 2 will be paid upon achievement of the NZQA “New Zealand Certificate in Cleaning Health Care Facilities”, Endorsement Level 2.

Related to Qualification Payment

  • Series A Distribution Payment Date has the meaning assigned to such term in Section 5.11(b)(i)(A).

  • Distribution Payment Date has the meaning set forth in paragraph 2(b) of Annex I.

  • Accrual Distribution Amount With respect to any Distribution Date on or prior to the Accretion Termination Date, an amount equal to the amount of the Accrued Certificate Interest on the Accrual Certificates that is added to the Certificate Principal Balance thereof on such Distribution Date pursuant to Section 4.02(h).

  • Group I Basic Principal Distribution Amount With respect to any Distribution Date, the excess of (i) the Group I Principal Remittance Amount for such Distribution Date over (ii)(a) the Overcollateralization Release Amount, if any, for such Distribution Date multiplied by (b) the Group I Allocation Percentage.

  • Delayed contribution payment means an amount paid by an employee for purchase of current service. The amount shall be determined using the same formula in KRS 61.5525, and the payment shall not be picked up by the employer. A delayed contribution payment shall be deposited to the member's account and considered as accumulated contributions of the individual member. In determining payments under this subsection, the formula found in this subsection shall prevail over the one found in KRS 212.434;