Qualified payment definition

Qualified payment means any monies paid or payable to the Lessor or the Lender and identified in the Lease or any other Operative Document as a "Qualified Payment", it being agreed that all Qualified Payments shall be paid to the Lender as a pre-payment of the Loan to be applied against principal payments or installments of the Loan in the inverse order of maturity, but without (unless agreed in writing by the Lender and the Lessee) affecting or giving rise to any change or adjustment of the Basic Rent except the installment due on the Lease Termination Date.
Qualified payment means a payment by the
Qualified payment means a payment by the commissioner to a coastal county from the coastal protection and improvement fund, as provided by this subchapter, that has been approved in amount and qualification for payment by the land office and the applicable coastal county.

Examples of Qualified payment in a sentence

  • Qualified payment plans are covered under the AVH Financial Assistance Policy.


More Definitions of Qualified payment

Qualified payment means a payment instruction sent to the Branch through the Online Services (as hereinafter defined) of BB Internet Banking that contains all information regarding the beneficiary bank (bank name, bank code) and the beneficiary of the payment (name, address, account number).
Qualified payment means a payment by the commissioner to a coastal county from the coastal protection and
Qualified payment means any monies paid or payable to the Lessor or the Credit Bank and identified in the Lease or any other Operative Document as a "Qualified Payment", it being agreed that all Qualified Payments shall be paid to the Credit Bank as a pre-payment of the Loan to be applied as principal payments of the Loan, but without (unless agreed in writing by the Credit Bank and the Lessee) affecting or giving rise to any change or adjustment of the Basic Rent except the installment due on the Lease Termination Date.
Qualified payment shall be amended to mean a payment instruction sent to the Branch through the Online Services (as hereinafter defined) of BB Internet Banking that contains all information regarding the beneficiary bank (bank name, bank code) and the beneficiary of the payment (name, address, account number) and specifies a beneficiary of payment identified in the most recently received Pre-Approved Beneficiaries Appendix. The Authorized Signatories of this Corporation identified in the Corporate Resolution or Power of Attorney of the Account Holder be/are and hereby is/are authorized and directed to certify to the Bank the election to limit use of the BB Internet Banking to Pre-Authorized Beneficiaries, and the Bank shall be fully protected in relying on such certifications and identifications and shall be indemnified and held harmless from any claims, demands, expenses (including reasonable attorneys' fees), losses or damages resulting from refusing to make any transfers to beneficiaries not so identified. This Corporation acknowledges and agrees that Accounts are subject to the Bank's terms and conditions for accounts, as the same may be amended from time to time. This Appendix shall continue in full force and effect until written notice of revocation has been duly received by the Bank and the Bank has had reasonable opportunity to act thereon.