Common use of Execution of payments Clause in Contracts

Execution of payments. the objective of this function is the issuing of an instruction to the Operating Structure's bankers, or, in appropriate cases, a governmental payments office, to pay the authorised amount to the claimant (or their assignee(s)).

Appears in 7 contracts

Sources: Sectoral Agreement, Sectoral Agreement, Sectoral Agreement

Execution of payments. the objective of this function is the issuing of an instruction to the Operating StructureAgency's bankers, or, in appropriate cases, a governmental payments office, to pay the authorised amount to the claimant (or their assignee(s)).

Appears in 1 contract

Sources: Multi Annual Financing Agreement

Execution of payments. the objective of this function is the issuing of an instruction to the Operating StructureIPARD Managing Authority/IPARD Agency's bankers, or, in appropriate cases, a governmental payments office, to pay the authorised amount to the claimant recipient (or their assignee(s)).

Appears in 1 contract

Sources: Sectoral Agreement