Assignment of Claims definition

Assignment of Claims means the transfer or making over by the contractor to a bank, trust company, or other financing institution, as security for a loan to the contractor, of its right to be paid by the Government for contract performance.
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Assignment of Claims. When an approved assignment of claims has been executed, both the Contractor and the assignee must be registered in ▇▇▇. The Contractor must update its ▇▇▇ record to add the assignee’s banking information. The Contractor shall obtain a uniquely associated DUNS or DUNS+4 number with the assignee’s bank name and address. The Contractor shall enter the following in the “Invoice Description” field of iSupplier: “Remit To Assignee: [the assignee’s name, address, and the uniquely associated Data Universal Numbering System (DUNS) or DUNS+4].” For example: “Remit to Assignee: ABC Corporation, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇, ▇▇▇▇ 123456789 (or DUNS+4)” Preparation of the Payment Request: The payment request shall be created in iSupplier. The Contractor’s payment request shall furnish the information set forth in the instructions below.
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Assignment of Claims. ACT shall mean ▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ Code Annotated Section 3727 and all amendments and supplements thereto and all rules and regulations promulgated thereunder. AVAILABILITY shall mean the excess of
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Examples of Assignment of Claims in a sentence

  • All clauses regarding Assignment are subject to FAR Clause 52.232-23, Assignment of Claims (JAN 1986) and FAR 42.12 Novation and Change-of-Name Agreements, and all clauses governing Assignment in the Manufacturer ▇▇▇▇ are hereby deemed to be deleted.

  • The Contractor or its assignee may assign its rights to receive payment due as a result of performance of this contract to a bank, trust company, or other financing institution, including any Federal lending agency in accordance with the Assignment of Claims Act (31 U.S.C. 3727).

  • None of the account debtors in respect of any accounts, chattel paper or general intangibles and none of the obligors in respect of any instruments included in the Collateral is a governmental authority subject to the Federal Assignment of Claims Act.

  • The Contractor or its assignee may assign its rights to receive payment due as a result of performance of this contract to a bank, trust company, or other financing institution, including any Federal lending agency in accordance with the Assignment of Claims Act (31 U.S.C.3727).

  • Except as set forth in Disclosure Schedule (3.20), as of the Closing Date, no Credit Party is a party to any contract or agreement with any Governmental Authority and no Credit Party’s Accounts are subject to the Federal Assignment of Claims Act (31 U.S.C. Section 3727) or any similar state or local law.


More Definitions of Assignment of Claims

Assignment of Claims means that assignment by the Borrower to the Bank, dated the date of this Agreement, in form and substance satisfactory to the Bank, of claims of the Borrower upon the United States, as required pursuant to Article III of this Agreement, together with all amendments, modifications, exhibits and schedules thereto as may be in effect from time to time.
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Assignment of Claims means an Assignment of Claims Under Government Contract, in form and substance acceptable to Lender, with respect to each contract under which Maytag or any other Obligor provides services or goods to an Account Debtor which is the United States or any department, agency, or instrumentality of the United States.
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Assignment of Claims means the agreement entered into by the Issuer on or about the Issue Date whereby the receivables arising out of the Project Documents (other than any PPA, any Feedstock Supply Contract, any Liquid Digestate Disposal Agreement and any Solid Digestate Disposal Agreement) are assigned by way of security in favour of the Noteholders and the Second Issuance Noteholders.
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Assignment of Claims means each assignment by way of security in favour of the Noteholders by the Issuer or, in case of the SGI FER Plants, by SGI of claims arising from, inter alia, each relevant Project Contracts and Insurance Policies relating to each relevant Project.
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Assignment of Claims. Act shall mean ▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ Code Annotated Section 3727 and all amendments and supplements thereto and all rules and regulations promulgated thereof. Availability shall mean the excess of
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Assignment of Claims means the assignment for security purposes granted or to be granted by the Borrower in favour of the Finance Parties pursuant to the terms of the Claims Assignment Agreement.
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Assignment of Claims means the Assignment pursuant to Federal Acquisition Regulation 32.805 to the Trustee of all payments due to Operator under the INS Contract.
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