Contract financing payments definition

Contract financing payments means an authorized disbursement of monies prior to acceptance of goods or services including advance payments, progress payments based on cost, progress pay- ments (other than under construction contracts) based on a percentage or stage of completion, payments on per- formance-based contracts and interim payments on cost-type contracts (other than under cost-reimbursement con- tracts for the acquisition of services). Contract financing payments do not in- clude invoice payments, payments for partial deliveries, or lease and rental payments. Contract financing pay- ments also do not include progress pay- ments under construction contracts based on a percentage or stage of com- pletion and interim payments under cost-reimbursement service contracts. For purposes of this part, interim pay- ments under a cost-reimbursement service contract are treated as invoice payments and subject to the require- ments of this part, except as otherwise provided (see, e.g., §§ 1315.4(d) and (e), and 1315.9(b)(1) and (c)). § 1315.2
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Contract financing payments means an authorized disbursement of monies prior to acceptance of goods or services including advance payments, progress payments based on cost,progress payments (other than under construction contracts) based on apercentage or stage of completion, payments on performance-basedcontracts and interim payments on cost- type contracts. Contract financingpayments do not include invoice payments, payments for partialdeliveries, or lease and rental payments.
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Contract financing payments means funds paid out by the Client to the Platform as advance payments, interim payments or progress payments for services to be rendered;
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Examples of Contract financing payments in a sentence

  • Contract financing payments are not subject to the interest penalty provisions of the Prompt Payment Act.

  • Contract financing payments shall not be assessed an interest penalty for payment delays.

  • Contract financing payments shall be made on the [insert day as prescribed by Agency head; if not prescribed, insert 30th day] day after receipt of a proper contract financing request by the designated billing office.

  • The Contractor may submit to an authorized representative of the Contracting Officer, in such form and reasonable detail as the representative may require, an invoice or voucher supported by a statement of the claimed allowable cost for performing this contract.(2) Contract financing payments are not subject to the interest penalty provisions of the Prompt Payment Act.

  • Contract financing payments shall not be assessed an interest penalty for payment delays.(c) Fast payment procedure due dates.

  • Contract financing payments shall be made on the 30th day after receipt of a proper contract financing request by the designated billing office.

  • The Contractor may submit to an au- thorized representative of the Contracting Officer, in such form and reasonable detail as the representative may require, an invoice or voucher supported by a statement of the claimed allowable cost for performing this contract.(2) Contract financing payments are not subject to the interest penalty provisions of the Prompt Payment Act.

  • Contract financing payments do not include invoice payments, payments for partial deliveries, or lease and rental payments.

  • Contract financing payments do not include invoice payments, payments for partial deliveries, lease and rental payments, or progress payments based on a percentage or stage of completion.

  • Contract financing payments shall be made on the seventh day after receipt of a proper contract financing request by the designated billing office.

Related to Contract financing payments

  • Servicer Prepayment Charge Payment Amount The amounts payable by the Servicer in respect of any waived Prepayment Charges pursuant to Section 2.05 or Section 3.01.

  • Master Servicer Prepayment Charge Payment Amount The amounts payable by the Master Servicer pursuant to Section 2.03(b) in respect of any waived (or, with respect to subsequent changes of law, any unenforceable) Prepayment Charges.

  • Advance Payment Contract means any contract whereby any Credit Party either (a) receives or becomes entitled to receive (either directly or indirectly) any payment (an “Advance Payment”) to be applied toward payment of the purchase price of Hydrocarbons produced or to be produced from Oil and Gas Interests owned by any Credit Party and which Advance Payment is, or is to be, paid in advance of actual delivery of such production to or for the account of the purchaser regardless of such production, or (b) grants an option or right of refusal to the purchaser to take delivery of such production in lieu of payment, and, in either of the foregoing instances, the Advance Payment is, or is to be, applied as payment in full for such production when sold and delivered or is, or is to be, applied as payment for a portion only of the purchase price thereof or of a percentage or share of such production; provided that inclusion of the standard “take or pay” provision in any gas sales or purchase contract or any other similar contract shall not, in and of itself, constitute such contract as an Advance Payment Contract for the purposes hereof.

  • Termination Payments has the meaning specified in Section 10(a).

  • Loan Payments means the amounts required to be paid by the Company in repayment of the Loan pursuant to Section 4.1 hereof.

  • Cap Contracts means (i) the Cap Contract between the Trustee and the counterparty named thereunder, for the benefit of the Holders of the Class A-1 Certificates, the Mezzanine Certificates and the Class B Certificates (the "Group I Cap Contract") and (ii) the Cap Contract between the Trustee and the counterparty thereunder, for the benefit of the Class A-2 Certificates, the Mezzanine Certificates and the Class B Certificates (the "Group II Cap Contract").

  • Net Finance Charges means, for the Reference Period, the Finance Charges according to the latest Financial Report(s), after deducting any interest payable for that Reference Period to any member of the Group and any interest income relating to cash or cash equivalent investment.

  • Balloon Payments means with respect to any loan constituting Indebtedness, any required principal payment of such loan which is payable at the maturity of such Indebtedness, provided, however, that the final payment of a fully amortized loan shall not constitute a Balloon Payment.

  • Advance Payments means the payments made by Customer in advance of delivery with respect of an Aircraft pursuant to Section 4.2 of the Purchase Agreement.

  • Prepayment Charges Any prepayment premium or charge payable by a Mortgagor in connection with any Principal Prepayment on a Mortgage Loan pursuant to the terms of the related Mortgage Note or Mortgage, as applicable.

  • Contract Fee means the lump sum rates as outlined in Schedule ‘B’ – Quote Form.

  • Group I Interest Remittance Amount With respect to any Distribution Date, that portion of the Available Funds for such Distribution Date attributable to interest received or advanced with respect to the Group I Mortgage Loans.

  • Servicing Advance Reimbursement Amounts As defined in Section 3.22.

  • Servicing Arrangement is defined in Section 11.06(b).

  • Advance Purchase Agreements means (a) an advance or deferred purchase agreement if the agreement is in respect of the supply of assets or services and payment in the normal course of business with credit periods which are normal for the relevant type of project contracts, or (b) any other trade credit incurred in the ordinary course of business.

  • Group II Interest Remittance Amount With respect to any Distribution Date, that portion of the Available Funds for such Distribution Date attributable to interest received or advanced with respect to the Group II Mortgage Loans.

  • Subsequent Mortgage Loans means, for purposes of this Agreement, the Subsequent Mortgage Loans listed in the Subsequent Mortgage Loan Schedule attached hereto as Schedule I.

  • Cap Contract Any of the Class A-1 Cap Contract, the Class A-2 Cap Contract or the Subordinate Certificates Cap Contract.

  • Advance Reimbursement Amounts As defined in Section 3.29 hereof.

  • Prepayment Charge Period As to any Mortgage Loan, the period of time during which a Prepayment Charge may be imposed.

  • Rental Fee A fee charged by the Contractor for the rental of a compactor or roll-off container.

  • 60-Day Delinquent Receivables means, as of any date of determination, all Receivables (other than Repurchased Receivables and Defaulted Receivables) that are sixty (60) or more days delinquent as of such date (or, if such date is not the last day of a Collection Period, as of the last day of the Collection Period immediately preceding such date), as determined in accordance with the Servicer’s Customary Servicing Practices.