Receipt of Payment definition

Receipt of Payment means receipt by Bank, of (1) a certified or official bank check or wire transfer to Bank; (2) a written or telegraphic advice from a registered clearing agency that funds have been or will be credited to the account of Bank; or (3) a transfer of funds from any of Broker's accounts maintained at Bank.
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Receipt of Payment is defined in Section 8.4 hereof.
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Receipt of Payment means the date the fee that meets the criteria for the selected category and fee type is received by the California Air Resources Board, for the purpose of calculating fee refunds.
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Examples of Receipt of Payment in a sentence

  • A complete file of releases, on the standard form included in the contract documents as "Final Receipt of Payment and Release Form", from subcontractors and material suppliers evidencing payment in full for services, equipment and materials, as the case may require, if the Owner approves, or a consent from the Surety to final payment accepting liability for any unpaid amounts.

  • Preparation and Delivery of Certificated Securities by Trustee and Receipt of Payment Therefor: The Trustee will prepare each Certificated Security and appropriate receipts that will serve as the documentary control of the transaction.

  • Receipt of Payment Orders A payment order will be deemed to have been received by us if: Carried out by means of a payment card, then in accordance with the card schemes rules; orReceived by our available electronic communication channels, then on the business day when it is actually received by us.

  • Upon successful Receipt of the Payment, the Bank will provide a 16 Digit Reference Number acknowledging the Receipt of Payment.

  • Temporary Worker Receipt of Payment Assuming an accurate timesheet has been submitted on time and in the correct format the Temporary Worker will be paid by the Neutral Vendor or Managed Service Provider(s) within 5 working days at the agreed payment intervals i.e. weekly or monthly.

  • The releases shall be on the "Partial Receipt of Payment and Release Form" included in the contract specifications.

  • Receipt of Payment Voucher for the amount of $25 or money order or certified check payable to the Secretary of the Treasury.

  • Thedefinition of loss of ‘deposit only’ as detailed above refers to the amount requested on our costing sheet or shown on our Receipt of Payment form.

  • Bidders will forfeit all rights to items and all payments to ASPA if items are not removed within 10 business days of ASPA Receipt of Payment.

  • Vendor Receipt of Payment Within 30 calendar days of the vendor’s receipt of payment, the vendor will provide to the local agency a receipt for the amount of payment received, the date of the receipt, and the household name, address, and account number for which payment was made.


More Definitions of Receipt of Payment

Receipt of Payment. The relevant day shall be the day on which the Dividend or special dividend is actually paid to the shareholder. In the absence of an agreement between the parties in the Terms of the Transaction, the provision regarding “Receipt of Payment” shall be applicable.
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Receipt of Payment. The Program Administrator for the Collaboration, specified in Article IV, will receive funds from the Government and from Industry for the ECB and deposit such funds in a deposit account opened by it acting as an agent for the ECB.
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Receipt of Payment means receipt by Bank, of (1) a certified or official bank check or wire transfer to Bank; (2) a written or telegraphic advice from a registered clearing agency that funds have been or will be credited to the account of Bank; or (3) a transfer of funds from any of Broker's accounts maintained at Bank. (i) "Receipt of Securities" means receipt by Bank, of (1) securities in proper form for transfer; or (2) a written or telegraphic advice from a registered clearing agency that securities have been credited to the account of Bank for the Special Custody Account. -2-
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Related to Receipt of Payment

  • Proof of payment means, as applicable, a copy of the check, confirmation of credit card or debit card payment, confirmation of wire or automated clearinghouse transfer, and any other information required to demonstrate that payment has been made according to EPA requirements, in the amount due, and identified with the Facility name and Docket No. CAA-04- 2019-8017(b).

  • Tariff Payment means the payments to be made under Monthly Bills as referred to in Article 10 and the relevant Supplementary Bills;

  • Debit Payment means a particular transaction where a debit is made.

  • Date of Payment means the date on which NYSERDA requisitions a check from its statutory fiscal agent, the Department of Taxation and Finance, to make a Payment.

  • Supplemental Payment means any payments or transfers of things of value made to the District or to any person or persons in any form if such payment or transfer of thing of value being provided is in recognition of, anticipation of, or consideration for the Agreement and that is not authorized pursuant to Sections 313.027(f)(1) or (2) of the TEXAS TAX CODE, and specifically includes any payments required pursuant to Article VI of this Agreement.

  • Net Exercise means a Net Exercise as defined in Section 6.3(b)(iii).

  • SAR Exercise Price means the per share exercise price of a SAR granted to a Grantee under Section 9 hereof.

  • Final rate of pay means the actual rate upon which earnings of an employee were calculated during the twelve (12) month period immediately preceding the member's effective retirement date, and shall include employee contributions picked up after August 1, 1982, pursuant to KRS 78.610(4). The rate shall be certified to the system by the employer and the following equivalents shall be used to convert the rate to an annual rate: two thousand eighty (2,080) hours for eight (8) hour workdays, one thousand nine hundred fifty (1,950) hours for seven and one-half (7.5) hour workdays, two hundred sixty (260) days, fifty-two (52) weeks, twelve (12) months, one (1) year;

  • Schedule of Payments means the schedule of payments disclosed on a Contract.

  • Place of Payment when used with respect to the Securities of any series, means the place or places where the principal of and any premium and interest on the Securities of that series are payable as specified as contemplated by Section 301.

  • Exercise Price means the initial exercise price or the adjusted exercise price, depending on the context.

  • Upfront Payment has the meaning set forth in Section 4.1.

  • Option Exercise Price means the price at which a share of Common Stock may be purchased upon the exercise of an Option.

  • AHYDO Catch-Up Payment means any payment on any Indebtedness that would be necessary to avoid such Indebtedness being characterized as an “applicable high yield discount obligation” under Section 163(i) of the Code.

  • Replacement Price means the price, determined by Buyer in a commercially reasonable manner, at which Buyer purchases (if at all) substitute SRECs having the same or subsequent Reporting Year as those SRECs not delivered by Seller for the deficiency or, absent such a purchase, the Market Price for such quantity of SRECs at or during the time that Seller fails to deliver the SRECs, provided that the Market Price shall never exceed the solar alternative compliance payment.

  • Installment Payment has the meaning ascribed to it in Section 2.02(a).