A loss payee clause (or loss payable clause) is a clause in a contract of insurance that provides, in the event of payment being made under the policy...

Self insurance Travel insurance Niche insurance Insurance contract Loss payee clause Risk Retention Group Financial economics Financial econometrics Monetary...

A retention of title clause (also called a reservation of title clause or a Romalpa clause in some jurisdictions) is a provision in a contract for the...

determinate sum of money to the other (the payee), either at a fixed or determinable future time or on demand of the payee, under specific terms and conditions...

that the prosecution prove, alternatively: that the payee was a federal official; that the payee organization received $10,000 in federal funds; that...

grounds. A penalty clause excludes a claim for damages. Interest that a creditor would have earned on an amount, had it been paid, is a loss that flows naturally...

to it and "passes through" the balance to the payee. This involves issuing a separate check to the payee issued off the factoring company account. It has...

thousand performers who rely on them for their livelihoods", and steered its payees toward other payment options. In September 2020, PayPal issued new terms...

Court confirms bank named as loss payee under assignment of insurance policy not bound by exclusive English jurisdiction clause under the Brussels Regulation...

that can be used with various payees to make payments and borrow money from the bank simultaneously. The bank pays the payee and then charges the cardholder...

money is gone. Remotely created checks are orders of payment created by the payee and authorized by the customer remotely, using a telephone or the internet...

may be required to withhold 30% on certain payments to foreign payees if such payees do not comply with FATCA." The U.S. has yet to comply with FATCA...

and ascertained damages (LAD) as an estimate of the payer's weekly losses if the payee fails to reach practical completion by the contractual completion...

example, the Internal Revenue Service states in its Publication 515, "The payee of a payment made to a disregarded entity is the owner of the entity." Jenson...

Practices Act 1974, s 74 applied to loss of luggage and s 68(1)(c) said the clauses limiting liability for its loss were void. By s 87, the widow was entitled...

monies paid under the contract less the whole of any direct losses incurred by the payee. Where part of a contract could be considered severable, the...

English and U.S. law, payment is consensual, requiring acceptance from both payee and payer. Roy Goode suggests that Payment is a; consensual act and thus...

It can be used to order a financial institution to make a payment to a payee. EDI Health Care Eligibility/Benefit Inquiry (270) is used to inquire about...

Prepaid cards can be used globally. The prepaid card is convenient for payees in developing countries like Brazil, Russia, India, and China, where international...

A "qualified domestic relations order" (QDRO) assigns to an alternate payee the right to receive all or a portion of a participant’s retirement plan...

made by any person, irrespective of the relationship between payer and payee. It cannot be claimed in respect of administration, registration, or examination...

the payor or drawer, while the person to whom the check is written is the payee. Chicago school A neoclassical school of thought once based around rational...

order to realize substantial savings for taxpayers as well as benefits for payees. In January 2016, the UK government introduced a requirement for banks to...

individuals who were receiving Social Security disability and had representative payees, from owning guns. The bill was supported by the ACLU, the National Association...

of South Africa – Highway – Highwayman – Hima – Himalaya clause – Hit and run – Hobby loss – Hold harmless – Holder in due course – Holding – Holding...

Security and Supplemental Security Income beneficiaries with representative payees, to enhance program protections, and for other purposes Pub. L. 108–203...

party the cheque is made out to (the payee), and the drawer's bank which promises to pay the money to the payee (the drawee). The doctrine of privity...