Receives payment definition

Receives payment means, in the case of a restrictive endorsement, a payee has endorsed a check and the check is presented to and paid by the depository institution on which it is drawn.
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Examples of Receives payment in a sentence

  • Receives payment for services related to preparing information the requestor presents to the qualified ex- pert panel, other than for services re- lated to the written report described in § 516.143.

  • Proceeds to Cashier for payment at the Admin & General Services Division9.1 Receives payment and issues Official ReceiptsP2990.00 (100.00-Notarial Fee and 2,890.00-Cost of Materials)3 MinutesCashier/ Cashiering Assistant Admin & General Services10.

  • Receives payment for unspecified or unitemized expenses beyond the actual and necessary travel, room and board expenses for practices and competition.

  • Receives payment for the service and issues Official Receipt.PHP 343.00+PHP30.00documentary stamp3 minutesRevenue Collection Clerk II Municipal Treasury OfficePresents Official Receipt3.

  • Receives payment for the delivery sale from the prospective purchaser by a credit or debit card that has been issued in that purchaser’s name.

  • Receives payment notification, records it, and forwards it to Seller.We will now discuss each of the steps in the transaction dialog individually.4.1 Buyer: Views Seller’s catalog and shipping options and decides to make a purchase.Silver Chilli’s Web page catalog for bracelets will serve to anchor the example.

  • Also, the delivery month used is the one with delivery closest to the time when the livestock are marketed.

  • Post-holding in shareholders’ units√ Applicable □ Inapplicable Post-holding in other units √Applicable □Inapplicable Name of the person holding any post in other units Name of other unit Position in other unit Beginning date of office term Ending date of office term Receives payment from other unit?Zhou HanjunAsia (Group) Accounting FirmPartner accountant1 Mar.

  • Receives payment for the load assignments from the carrier leased on with.

  • Receives payment and issue Official ReceiptP4, 000.005 minsTeller/Collector Finance Section7.

Related to Receives payment

  • Damages Payment Date With respect to the Series A Notes, each Interest Payment Date.

  • Securities Payment has the meaning specified in Section 1302.

  • Excess Payment means the amount paid by any Guarantor in excess of its Ratable Share of any Obligations; (b) “Ratable Share” shall mean, for any Guarantor in respect of any payment of Obligations, the ratio (expressed as a percentage) as of the date of such payment of Obligations of (i) the amount by which the aggregate present fair salable value of all of its assets and properties exceeds the amount of all debts and liabilities of such Guarantor (including contingent, subordinated, unmatured, and unliquidated liabilities, but excluding the obligations of such Guarantor hereunder) to (ii) the amount by which the aggregate present fair salable value of all assets and other properties of all of the Loan Parties exceeds the amount of all of the debts and liabilities (including contingent, subordinated, unmatured, and unliquidated liabilities, but excluding the obligations of the Loan Parties hereunder) of the Loan Parties; provided, however, that, for purposes of calculating the Ratable Shares of the Guarantors in respect of any payment of Obligations, any Guarantor that became a Guarantor subsequent to the date of any such payment shall be deemed to have been a Guarantor on the date of such payment and the financial information for such Guarantor as of the date such Guarantor became a Guarantor shall be utilized for such Guarantor in connection with such payment; and (c) “Contribution Share” shall mean, for any Guarantor in respect of any Excess Payment made by any other Guarantor, the ratio (expressed as a percentage) as of the date of such Excess Payment of (i) the amount by which the aggregate present fair salable value of all of its assets and properties exceeds the amount of all debts and liabilities of such Guarantor (including contingent, subordinated, unmatured, and unliquidated liabilities, but excluding the obligations of such Guarantor hereunder) to (ii) the amount by which the aggregate present fair salable value of all assets and other properties of the Loan Parties other than the maker of such Excess Payment exceeds the amount of all of the debts and liabilities (including contingent, subordinated, unmatured, and unliquidated liabilities, but excluding the obligations of the Loan Parties) of the Loan Parties other than the maker of such Excess Payment; provided, however, that, for purposes of calculating the Contribution Shares of the Guarantors in respect of any Excess Payment, any Guarantor that became a Guarantor subsequent to the date of any such Excess Payment shall be deemed to have been a Guarantor on the date of such Excess Payment and the financial information for such Guarantor as of the date such Guarantor became a Guarantor shall be utilized for such Guarantor in connection with such Excess Payment. This Section 10.06 shall not be deemed to affect any right of subrogation, indemnity, reimbursement or contribution that any Guarantor may have under Law against the Borrower in respect of any payment of Obligations.

  • Loss Payment Date has the meaning specified in Section 7.05(a) of the Indenture.

  • PAGA Payment means the penalties pursuant to PAGA that the Parties have agreed is a

  • Transfer Payment Received As defined in Section 4.03.

  • Termination Payment means the payment amount equal to the sum of (a) and (b), where (a) is the Settlement Amount and (b) is the sum of all amounts owed by the Defaulting Party to the Non-Defaulting Party under this Agreement, less any amounts owed by the Non-Defaulting Party to the Defaulting Party determined as of the Early Termination Date.

  • Cash Payment has the meaning set forth in Section 2.2(b).

  • Down payment means all partial payments, whether made in cash or otherwise, received by or for the benefit of the seller before or substantially contemporaneous with either the execution of the installment sale contract or the delivery of the motor vehicle sold under that contract, whichever occurs later.

  • 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.

  • Co-payment means a relatively small amount of money paid by the insured person towards the cost of each day in a private hospital per episode of care, with Latrobe paying the rest of the cost.

  • Scheduled Receivables Payment means, with respect to any Collection Period for any Receivable, the amount set forth in such Receivable as required to be paid by the Obligor in such Collection Period. If after the Closing Date, the Obligor’s obligation under a Receivable with respect to a Collection Period has been modified so as to differ from the amount specified in such Receivable as a result of (i) the order of a court in an insolvency proceeding involving the Obligor, (ii) pursuant to the Servicemembers Civil Relief Act or (iii) modifications or extensions of the Receivable permitted by Section 4.2(b), the Scheduled Receivables Payment with respect to such Collection Period shall refer to the Obligor’s payment obligation with respect to such Collection Period as so modified.

  • Default Excess means, with respect to any Defaulting Lender, the excess, if any, of such Defaulting Lender’s Pro Rata Share of the aggregate outstanding principal amount of Loans of all Lenders (calculated as if all Defaulting Lenders (other than such Defaulting Lender) had funded all of their respective Defaulted Loans) over the aggregate outstanding principal amount of all Loans of such Defaulting Lender.

  • Delta Payment means as it is described in this Agreement.

  • Debit Payment means a particular transaction where a debit is made.

  • Change of Control Payment has the meaning set forth in Section 4.01(b).

  • Interim Payment has the meaning specified in Section 10.1.

  • Payment month means, for all programs except EA, the calendar month for which benefits are issued.

  • Excess Cash Payment Date means the date occurring 95 days after the last day of each Fiscal Year of Holdings (commencing with the Fiscal Year of Holdings ended December 31, 2010).

  • LC Payment Notice has the meaning specified in Section 2.04(e).

  • Net Cash Payments means, with respect to any Disposition, the aggregate amount of all cash payments received by the Company and its Restricted Subsidiaries directly or indirectly in connection with such Disposition, whether at the time of such Disposition or after such Disposition under deferred payment arrangements or Investments entered into or received in connection with such Disposition (including, without limitation, Disposition Investments); provided that:

  • Termination Payment Date means the earlier of the first Distribution Date following the liquidation or sale of the Receivables as a result of an Insolvency Event and the occurrence of the Scheduled Series 1995-1 Termination Date.

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

  • Completion Payment means the payment for the 20% of the Charges for each Apprenticeship that under the ESFA Rules is only paid once an Apprentice takes their end point assessment, including as the case may be Apprenticeships funded by Transferred Levy Funds;

  • Change in Control Payment shall have the meaning stated in Section 6.4 hereof.

  • Separation Payment means any lump sum cash payment in excess of Earned Salary and Accrued Obligations payable to Employee under this Agreement.