Payments to the beneficiary. The NA must make payments to the beneficiary. Payments to the beneficiary discharge the NA from its payment obligation.
Payments to the beneficiary. The Agency must make payments to the beneficiary. Payments to the beneficiary discharge the Agency from its payment obligation.
Payments to the beneficiary. The Commission must make payments to the beneficiary. Payments to the beneficiary discharge the Commission from its payment obligation.
Payments to the beneficiary. Frontex must make payments to the Beneficiary. Payments to the Beneficiary discharge Frontex from its payment obligation.
Payments to the beneficiary. All payments of Basic Rent and Supplemental Rent, or other payments of any kind, received by the Owner Trustee and all property constituting the Trust Estate upon the termination of this Trust Agreement in accordance with the provisions of Article XII, forthwith upon receipt by Owner Trustee, shall be paid over to the Beneficiary without deduction, set-off or adjustment of any kind; PROVIDED, HOWEVER, that any payments received by the Owner Trustee from the Beneficiary with respect to Owner's Trustee's fees and disbursements, or pursuant to Article VII shall be retained by Owner Trustee and applied toward the purpose for which such payments were made.
Payments to the beneficiary. We will pay the Proceeds, upon the Insured's death, to the Beneficiary(ies) that survives the Insured. If no Beneficiary survives the Insured, the Contingent Beneficiary(ies) becomes the Beneficiary(ies) and will be paid the Proceeds. If no Beneficiary or Contingent Beneficiary survives the Insured, we will deem you (or your estate) to be the Beneficiary and pay you (or your estate) the death benefit Proceeds. If there are multiple payees of the Proceeds, we will pay them on a pro-rata basis, unless you instruct us prior to the Insured's death to pay them on some other basis.
Payments to the beneficiary. The NA must make payments to the beneficiary. Payments to the beneficiary discharge the NA from its payment obligation. Language of requests for payments and reports All requests for payments and reports must be submitted in EL or EN. Currency for requests for payments and conversion into euro Request for payment must be drafted in […]. Currency for payments The NA must make payments in Euro. Date of payment Payments by the NA are considered to have been carried out on the date when they are debited to its account unless the national law provides otherwise. Costs of payment transfers Costs of the payment transfers are borne as follows: the NA bears the costs of transfer charged by its bank; the beneficiary bears the costs of transfer charged by its bank; the party causing a repetition of a transfer bears all costs of repeated transfers. Interest on late payment If the NA does not pay within the time limits for payment, the beneficiary is entitled to late-payment interest. The interest payable is determined according to the provisions laid down in the national law applicable to the Agreement or in the rules of the NA. In the absence of such provisions, the interest payable is determined according with the rate applied by the European Central Bank for its main refinancing operations in euros (‘the reference rate’), plus three and a half points. The reference rate is the rate in force on the first day of the month in which the time limit for payment expires, as published in the C series of the Official Journal of the European Union. If the NA suspends the time limit for payment as provided for in Article II.24.2 or if it suspends an actual payments as provided for in Article II.24.1, these actions may not be considered as cases of late payment.
