Payment definition

Payment means any payment or distribution in the nature of compensation (within the meaning of Section 280G(b)(2) of the Code) to or for the benefit of the Executive, whether paid or payable pursuant to this Agreement or otherwise.
Payment means payment properly due and owing to Contractor pursuant to Article IV, Exhibit B of this Agreement.
Payment has the meaning assigned to it in Section 8.06(c).

Examples of Payment in a sentence

  • For federal income tax purposes, the Revenue Payment Amount is allocated as set forth in Part A of Exhibit 7.

  • Payment of claims is subject to the terms and conditions of INSURED'S insurance plan.

  • Any claim by the Administering Authority under Clause 2.1 (Failure to pay Scheme Liabilities) must be made by the service of a Payment Notice, which is to be accepted by the Guarantor as conclusive evidence for all purposes that the amount claimed is due to the Administering Authority.

  • Yes, Vendor agrees Payment Terms and Funding Out Clause This is a requirement of the TIPS Contract and is non-negotiable.

  • Payment by INSURER shall be limited to services provided to INSURED for which INSURED is eligible.


More Definitions of Payment

Payment means any payment or distribution in the nature of compensation (within the meaning of Section 280G(b)(2) of the Code) to or for the benefit of Executive, whether paid or payable pursuant to the Agreement or otherwise.
Payment means any obligation (whether present or future, contingent or otherwise) for the payment or repayment of money, including, without limitation, Borrowed Money;
Payment has the meaning assigned thereto in Section 8(a) hereof.
Payment means a payment that a trustee may receive over a fixed number of years or during the life of 1 or more individuals because of services rendered or property transferred to the payer in exchange for future payments. The term includes a payment made in money or property from the payer's general assets or from a separate fund created by the payer. For purposes of subsections (4) to (7), payment also includes any payment from any separate fund, regardless of the reason for the payment.
Payment means, in respect of any Liabilities (or any other liabilities or obligations), a payment, prepayment, repayment, redemption, defeasance or discharge of those Liabilities (or other liabilities or obligations).
Payment means all checks, wire transfers and other items of payment received by Bank (including proceeds of Accounts and payment of all the Obligations in full) for credit to Borrower’s outstanding Credit Extensions or, if the balance of the Credit Extensions has been reduced to zero, for credit to its Deposit Accounts.
Payment means any gift, subscription, loan, advance, or deposit of money or anything of value.