Define: Receipt of Payment
Receipt of Payment means the acquisition by [organization] of certified bank checks, wire transfers, or account credits confirmed by a registered clearing agency.
Legal accuracy standard set & glossary spot-checked by Imad Mohammed Nazar , Skadden-trained M&A lawyer, Legal Engineer at GenieAI
Receipt of Payment means the acquisition by [organization] of certified bank checks, wire transfers, or account credits confirmed by a registered clearing agency.
Relevant Circumstances
- Full Payment for Goods or Services
- Monthly Rent Payment for a Lease
- Payment for Consulting Services