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#: B4582-09 Date: April 8, 2009, To: All Participants Category: Settlement From: Julie Krill / Settlement Product Management Attention: Settlement Manager/Managing Director/Cashier Subject: New Settlement

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What is new settlement progress payment?

New settlement progress payment refers to a payment made during the process of a settlement to show progress or completion of certain milestones or tasks.

Who is required to file new settlement progress payment?

The party responsible for making the payment, typically the buyer or the entity in charge of the settlement, is required to file the new settlement progress payment.

How to fill out new settlement progress payment?

To fill out a new settlement progress payment, you need to provide details of the milestones or tasks completed, along with the corresponding payment amount.

What is the purpose of new settlement progress payment?

The purpose of a new settlement progress payment is to demonstrate the advancement or completion of key aspects in a settlement and to ensure that the necessary payments are made accordingly.

What information must be reported on new settlement progress payment?

The new settlement progress payment should include details such as the milestone or task completed, the amount paid, the date of payment, and any supporting documentation if required.

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