Payment Procedures definition

Payment Procedures means the procedures for obtaining payments from one or more of the Portfolios in which a Participant maintains an account, established from time to time by the Chief Investment Officer.
Payment Procedures means the procedures for Participants to request payments out of the Investment Property set forth in Exhibit B attached hereto, as the same may be amended from time-to-time (notwithstanding Section 10.1(a) hereof) by the Administrator with the consent of the Board or its Designee.
Payment Procedures. The City shall pay or cause to be paid to the Contractor or the Contractor’s legal representative payments in accordance with the Contract. When applicable, for the type of payment specified in the Contract, a progress report shall summarize actual costs and any earned portion of fixed fee. All payments will be made in reliance upon the accuracy of all representations made by the Contractor, whether in invoices, progress reports, emails, or other proof of work. All invoices and correspondence shall indicate the applicable project name, project number and the Contract number. When relevant, the invoice shall further be broken down in detail between projects. When applicable, for the type of payment specified in the Contract, expenses for meals and travel shall be limited to the current approved in-state rates, as determined by the State of Vermont’s labor contract, and need not be receipted. All other expenses are subject to approval by the City and must be accompanied with documentation to substantiate their charges. No approval given or payment made under an agreement, shall be conclusive evidence of the performance of said agreement, either wholly or in part thereof, and no payment shall be construed to be acceptance of defective work or improper materials. The City agrees to pay the Contractor and the Contractor agrees to accept, as full compensation, for performance of all services rendered and expenses encompassed in conformance therewith, the fee specified in the Contract. Upon completion of all Work and payment of the agreed upon fee, the Contract with its mutual obligations shall end.

Examples of Payment Procedures in a sentence

  • A notice of withdrawal shall be deemed to constitute a request under the Payment Procedures that an amount equal to the requesting Participant’s balance be paid to such Participant.

  • CROSS REF.: 2:100 (Board Member Conflict of Interest), 2:120 (Board Member Development), 2:240 (Board Policy Development), 4:50 (Payment Procedures), 4:55 (Use of Credit and Procurement Cards), 5:60 (Expenses) Adopted: June 22, 2020 2:125-E1 Exhibit - Board Member Expense Reimbursement Form Submit to the Superintendent, who will include this request in the monthly list of bills presented to the Board of Education.

  • Reporting and Payment Procedures A Request for Payment (Attachment 3) must be submitted, along with a Beneficiary Report (Attachment 1), in order for a reimbursement request to be processed.


More Definitions of Payment Procedures

Payment Procedures means procedures for making authorized payments to Elders, vendors and others who provide goods and services to the Tłı˛ cho Government.
Payment Procedures means the procedures for Participants to request payments out of the Investment Property set forth in the applicable Information Statement.
Payment Procedures has the meaning set forth in Section 9.4.
Payment Procedures the payment procedures set forth in Annex G;
Payment Procedures means the Charity’s Payments and Transfers Policy and Procedures as attached as Exhibit B of this Vertical Agreement and as updated by the Charity and notified to the NPATF from time to time;
Payment Procedures means the procedures for requesting payments out of the Investment Property set forth in Exhibit D attached hereto, as the same may be amended from time to time.
Payment Procedures means Alluvial payment procedures for the purchase of Goods, as Alluvial notifies the Buyer of from time to time.