Account for Payment Clause Samples

The "Account for Payment" clause establishes the obligation of one party to provide a detailed statement or record of amounts due or paid under a contract. Typically, this clause requires the party responsible for making payments to submit an itemized account or invoice, specifying the nature and amount of each charge or payment. This ensures transparency in financial transactions and allows the receiving party to verify the accuracy of payments, thereby reducing the risk of disputes over amounts owed or paid.
Account for Payment. Amounts payable by the European Receivables Warehouse Company to a Dutch Originator in respect of the Dutch Receivables shall be made to such account as the relevant Dutch Originator may specify to the European Receivables Warehouse Company in writing.
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Account for Payment. Unless Hospah elects to receive distribution ------------------- of its Net Operating Cash Flow "in kind," payments shall be made by check, draft pursuant to Section F.5 or by wire transfer to:
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Account for Payment. (a) An amount equal to the Euro Re-purchase Price will be paid into the European Master Purchaser Euro MTN Principal Reserve Account if the European Receivables Warehouse Company Dutch Offer to Re-Sell is accepted. (b) The parties hereto acknowledge that the effect of the payment to the European Master Purchaser by the Selected Dutch Originators of the Euro Re-purchase Price in accordance with this Clause 5.3 shall constitute an effective discharge of all obligations of the Selected Dutch Originators to pay the European Receivables Warehouse Company the Euro Re-purchase Price. On such payment, the relevant Selected Dutch Receivables together with the benefit of all Ancillary Rights related thereto shall be assigned and transferred to the Selected Dutch Originators.
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Account for Payment. Account for payments to ▇▇▇▇▇ ▇▇▇▇▇ ABA# ▇▇▇-▇▇▇-▇▇▇ Acct # ▇▇▇-▇▇▇-▇▇▇▇ Re: Share Option Transaction Reference No. 402197, 402198 Account for payments to Pay to: HSBC Bank USA, New York, FedWire the Counterparty: #▇▇▇▇▇▇▇▇▇ or CHIPS #0108, ▇▇▇▇▇▇▇▇ for A/C of: ▇▇▇▇▇▇▇▇▇ International Limited C/A No. 000-121797 Under telex advice to Hong Kong Bank, HK, International Deposits Department, Attn: Mrs. ▇▇▇▇▇ ▇▇ (Tlx No. 73205 HSBC HK)
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Account for Payment. Each payment under this Agreement shall be made for value on the day the payment is due, provided that if that day is not a Business Day, the payment shall be due on the immediately preceding Business Day (unless otherwise specified herein). All interest and other fees shall continue to accrue until payment has been received by the Lender. The Lender shall debit the Loan Account in the amount of each payment due hereunder at or before 12:00 noon (Montreal time) on the day that such payment is due.
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Related to Account for Payment

  • Time for Payment Interconnection Customer must provide the additional Security, in a form and with terms as required by Section 212.4, within 15 days after its receipt of Transmission Provider’s notice under this section. The requirement for additional Security under this section shall be treated as a milestone included in the Interconnection Service Agreement pursuant to Section 212.5.

  • Request for Payment A. Not more than once every thirty days the Consultant shall send electronically to ▇▇@▇▇▇▇▇▇▇▇▇.▇▇▇ its request for payment of Exhibit A Work, accompanied by evidence satisfactory to the City justifying the request for payment, including a report of Work accomplished and tasks completed, and an itemization of Eligible Expenses with copies of receipts and invoices.

  • Application for Payment The form acceptable to Owner that is to be used by the Contractor during the course of the Work in requesting payment from the Owner and that is to be accompanied by such supporting documentation as is required by the Contract Documents.

  • Funds for Payments (a) All payments of principal, interest, fees, and any other amounts due hereunder or under any of the other Loan Documents shall be made to the Administrative Agent, for the respective accounts of the Lenders or (as the case may be) the Administrative Agent, at the Administrative Agent's Head Office, in each case in Dollars and in immediately available funds. (b) All payments by the Borrower hereunder and under any of the other Loan Documents shall be made without setoff or counterclaim and free and clear of and without deduction for any taxes, levies, imposts, duties, charges, fees, deductions, withholdings, compulsory liens, restrictions or conditions of any nature now or hereafter imposed or levied by any jurisdiction or any political subdivision thereof or taxing or other authority therein unless the Borrower is compelled by law to make such deduction or withholding. If any such obligation is imposed upon the Borrower with respect to any amount payable by it hereunder or under any of the other Loan Documents, the Borrower shall pay to the Administrative Agent, for the account of the Lenders or (as the case may be) the Administrative Agent, on the date on which such amount is due and payable hereunder or under such other Loan Document, such additional amount in Dollars as shall be necessary to enable the Lenders to receive the same net amount which the Lenders would have received on such due date had no such obligation been imposed upon the Borrower. The Borrower will deliver promptly to the Administrative Agent certificates or other valid vouchers for all taxes or other charges deducted from or paid with respect to payments made by the Borrower hereunder or under such other Loan Document.

  • Due date for payment The settlement date for each Tax Invoice issued by the Distributor must be the 20th day of the month in which the Tax Invoice is received, or if the 20th day of the month is not a Working Day, the first Working Day after the 20th day. However, if the Distributor fails to send a Tax Invoice to the Trader within 10 Working Days after the last day of the month to which the Tax Invoice relates, the due date for payment is extended by 1 Working Day for each Working Day that the Tax Invoice is late.