Advanced payment definition

Advanced payment means financial assistance made available to an institution for its program cost prior to the month in which such costs will be incurred.
Advanced payment means funds made available to an entity institution for its CACFP costs prior to the month in which such costs will be incurred.
Advanced payment means that the buyer (importer) pays a certain amount before shipping the products to the seller (exporter) via credit card or other money transfer methods.

Examples of Advanced payment in a sentence

  • Advanced payment of consideration: payment made by the factoring company to the assigning client of the whole or a part of the consideration for the assignment of the receivable, executed at the assigning client request and, at the discretion of the factoring company, prior to the maturity or collection date of the assigned receivables.

  • Advanced payment must be reconciled by the Councillor and acquitted for by receipts or refund.

  • Advanced payment on a non-monthly basis is only a term of payment and does not grant the Customer any advantage whatsoever or protection against any rate increase applicable to any portion of period for which the Customer’s last payment was received.

  • Payment is delivered upon completion of works - Advanced payment has exceptionally been paid through private treaty if strongly requested.

  • Advanced payment secures the time slot for staff and equipment usage for one month.


More Definitions of Advanced payment

Advanced payment has the meaning set forth in Appendix C.
Advanced payment means a lump sum of money paid up front by a lessee when a contract is executed, as a part of contractual payment.
Advanced payment means any payment made by the Council to the Contractor prior to delivery of the Goods
Advanced payment means those payments made by the School to the Town in the amount of FORTY THOUSAND AND 00/100 DOLLARS ($40,000.00) ?????? as described in Section 2 of this Contract.
Advanced payment means the money that the Company has advanced for the purchase price of Securities and/or Derivatives, or the subscription amount of Securities and/or Derivatives, fees or other expenses incurred from purchasing and/or selling of Securities and/or Derivatives on behalf of the Client, and shall include any other expense incurred from debt collection or legal enforcement of debt repayment to the Company.
Advanced payment has the meaning given to it in subclause 6.2(a).
Advanced payment has the meaning set forth in Section 3.1.