Advanced Payment Option Clause Samples

The Advanced Payment Option clause allows one party to make payments before the standard due date specified in the contract. This clause typically outlines the conditions under which early payments can be made, such as any required notice, potential discounts for early payment, or adjustments to the payment schedule. Its core practical function is to provide flexibility in financial arrangements, potentially benefiting both parties by improving cash flow for the recipient and offering incentives or convenience for the payer.
Advanced Payment Option. 1. If the ACO wishes to participate in the APO for a Performance Year, it must select to participate in the APO as described in Section 8.01. 2. Unless CMS rejects or later terminates the ACO’s selection to participate in the APO, CMS shall make APO payments to the ACO in accordance with the methodology in Appendix F. Each party shall comply with the terms of Appendix F that are applicable to that party.
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Advanced Payment Option. If the DCE wishes to participate in the APO for a Performance Year, it must select to participate in the APO as described in Section 8.01.
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Advanced Payment Option. 1.1. Upon written request of the Performing Party, TCEQ will advance an amount up to the Maximum Authorized Reimbursement to the Performing Party. This advance payment is for work to be performed in accordance with the Scope of Work. 1.2. An advanced payment request may be submitted after September 1, 2023, but no later than April 1, 2025. 1.3. An advanced payment request must be requested in writing, and may be submitted by electronic mail to ▇▇▇▇-▇▇▇▇▇▇@▇▇▇▇.▇▇▇▇▇.▇▇▇ or by mail to one of the addresses below: Texas Commission on Environmental Quality Air Grants Division, MC-204 (GAFF) P.O. Box 13087 Austin, TX 78711-3087 Texas Commission on Environmental Quality Air Grants Division, MC-204 (GAFF) ▇▇▇▇▇ ▇▇▇▇ ▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
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Advanced Payment Option. Following the execution of this Agreement by both Parties, but prior to Closing, Purchaser at its sole and absolute discretion may elect to remit to Company any portion of the Purchase Price (“Advanced Payment”). Under this circumstance, the Closing Payment shall be reduced by this Advanced Payment, and upon Closing, the lesser remaining Closing Payment shall be remitted from Purchaser to Company. Should Purchaser make an Advanced Payment to Company and the transactions contemplated by this Agreement fail to close, Company agrees to repay Purchaser the Advanced Payment in full within five (5) business days following the receipt of Company’s written demend.
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Related to Advanced Payment Option

  • Deferred Payment “Deferred Payment” means any severance pay or benefits to be paid or provided to Executive (or Executive’s estate or beneficiaries) pursuant to this Agreement and any other severance payments or separation benefits, that in each case, when considered together, are considered deferred compensation under Section 409A.

  • Reimbursement Option Provided that the Recipient satisfies the terms and conditions of this Agreement, the Recipient may elect to receive Fund proceeds for land acquisition directly from the OPWC after Closing. After Closing, which Closing shall not occur until the Recipient's submission of the Request to Proceed and the Recipient's receipt of the Notice to Proceed, the Recipient may submit a Disbursement Request to the OPWC for reimbursement of acquisition and other eligible costs. The Recipient shall attach to the Disbursement Request a copy of: (i) the executed and recorded deed, or such other instrument conveying the interest approved by the Director, with respect to the Land acquired by the Recipient, (ii) a copy of the recorded Deed Restrictions, (iii) a copy of the executed settlement statement, (iv) certification, or other documentation acceptable to the Director from the Title Agent that the Recipient has marketable title in and to the Land, and (v) such other documentation required by the OPWC. After receipt of such documentation, and subject to Recipient's compliance with the terms and conditions of this Agreement, the OPWC shall disburse Funds payable under this Agreement.

  • Returned Payment Fee If your account is subject to a Returned Payment Fee, the fee will be charged to your account when a payment is returned for any reason.

  • Deferred Payments “Deferred Payments” means any severance pay or benefits to be paid or provided to Executive (or Executive’s estate or beneficiaries) pursuant to this Agreement and any other severance payments or separation benefits to be paid or provided to Executive (or Executive’s estate or beneficiaries), that in each case, when considered together, are considered deferred compensation under Section 409A.

  • Payment Options  Paper Invoice - Supplier submits a paper invoice to the organisation as standard for each purchase order received.  Embedded Purchase Card - This payment option allows the supplier to charge the cost of the goods/services provided to a VISA/MasterCard electronic Purchasing Card (ePC) belonging to a Contracting Authority. The supplier shall receive payment from VISA/MasterCard therefore negating the need to provide an invoice to the Contracting Authority.  Consolidated Electronic Invoice - Supplier submits a single invoice covering multiple purchase orders in an electronic file.  Self-Billing - Once the Goods Received Note (GRN) has been entered on PECOS P2P, a payment instruction is automatically sent to the Contracting Authority’s finance system to make payment to the supplier for the goods/services received.  Electronic Invoices - Supplier submits an electronic invoice either directly to PECOS P2P/relevant system (cXML) and/or via the SG eInvoicing Solution, which can go again direct to PECOS P2P or a Contracting Authority’s finance system.