Crediting of Payments. Payments made on your Account at the address designated for payment on the monthly periodic statement or in-person payments at a branch made prior to the close of business will be credited on the date of receipt. If the date of receipt is not a business day, your payment will be credited on the first business day following receipt. Payments on your Account will be applied first to collection costs, then to any FINANCE CHARGE and to other fees due, and then to the unpaid principal balance as required by law. We reserve the right to withhold credit availability on any payment. Interest paid or agreed to be paid shall not exceed the maximum amount of interest permissible under applicable law, and in any contingency whatsoever, if we shall receive anything of value deemed interest under applicable law which would exceed the maximum amount of interest permissible under applicable law, the excessive interest shall be applied to the reduction of the unpaid principal amount or refunded to you.
Crediting of Payments. For purposes of determining availability under this Agreement, payments on Purchased Receivables and other payments with respect to the collateral and Obligations will be credited to the Purchased Receivables of Seller upon the date of Buyer's receipt of advice from Buyer's bank that such payments have been credited to Buyer's account or in the case of payments received directly in kind by Buyer, upon the date of Buyer's deposit thereof at Buyer's bank, subject in either case to final payment and collection. Solely for the purpose of calculating fees under this Agreement, payments on Purchased Receivables and other payments with respect to collateral and Obligations shall be deemed received by Buyer three (3) business days after the date of Buyer's receipt of advice from Buyer's bank that such payments have been credited to Buyer's account or in the case of payments received directly in kind by Buyer, three (3) business days after the date of Buyer's deposit thereof at Buyer's bank, subject in either case to final payment and collection.
Crediting of Payments. We do not charge for payments you make by regular mail service or other standard payment methods we have approved. If we charge a fee for any expedited payment service we offer, that fee will be disclosed to you at the time you request the service. All payments made on your Account at the address designated for payment on the monthly periodic statement will be credited to your Account on the date of the receipt. If the date of receipt is not a business day, your payment will be credited on the first business day following receipt. All minimum payments required for your account will be applied first to any collection costs due, then to any INTEREST CHARGE and other fees, and then to the unpaid principal balance in our discretion. Payments received in excess of the minimum required payment will be applied first to the balance with the highest interest rate. Interest paid or agreed to be paid shall not exceed the maximum amount permissible under the applicable law, and in any contingency whatsoever, if we shall receive anything of value deemed interest under applicable law which would exceed the maximum amount permissible under applicable law, the excessive interest shall be applied to the reduction of the unpaid principal amount or refunded to you.
Crediting of Payments. In the event any Covered Employee first becomes eligible to participate under any employee benefit plan, program, policy, or arrangement of the Parent or Surviving Corporation (“Parent Employee Benefit Plan”) following the Effective Time, Parent shall, or shall cause the Surviving Corporation to use reasonable best efforts to, (i) waive any pre-existing condition exclusions and waiting periods with respect to participation and coverage requirements applicable to any Covered Employee under any Parent Employee Benefit Plan providing medical, dental, or vision benefits to the same extent such limitation would have been waived or satisfied under the employee benefit plan Covered Employee participated in immediately prior to coverage under the Parent Employee Benefit Plan; and (ii) provide each Covered Employee with credit for any co-payments and deductibles paid prior to the Covered Employee’s coverage under any Parent Employee Benefit Plan during the calendar year in which such amount was paid, to the same extent such credit was given under the employee benefit plan Covered Employee participated in immediately prior to coverage under the Parent Employee Benefit Plan, in satisfying any applicable deductible or out-of-pocket requirements under the Parent Employee Benefit Plan.
Crediting of Payments. All payments made on your Account at (i) the address designated for payment on the monthly periodic statement, (ii) through the Xxxxxx.xxx website and (iii) made to a member service representative at any of our branch offices will be credited to your Account as of the date of receipt. If the date of receipt for a mailed payment or a payment made at a branch drop box is not a business day, your payment will be credited on the first business day following receipt. The required minimum payment for your Account will be applied first to collection costs, then to any finance charges, and then to the unpaid principal balance. Interest paid or agreed to be paid shall not exceed the maximum amount permissible under applicable law, and in any contingency whatsoever, if we shall receive anything of value deemed interest under applicable law which would exceed the maximum amount of interest permissible under applicable law, the excessive interest shall be applied to the reduction of the unpaid principal amount or refunded to you. Payments made in excess of the required minimum payment will be applied to the balance with the highest APR before any such excess payments are applied to balances with lower APRs.
Crediting of Payments. In the event any Covered Employee first becomes eligible to participate under any employee benefit plan, program, policy or arrangement of Parent or any of its Subsidiaries (each, a “Parent Plan”) following the Effective Time, Parent shall, or shall cause its Subsidiaries to use reasonable best efforts to: (i) waive any preexisting condition exclusions and waiting periods with respect to participation and coverage requirements applicable to such Covered Employee (and any eligible dependents thereof) under any Parent Plan providing medical, dental or vision benefits to the same extent such limitation would have been waived or satisfied under the Employee Plan such Covered Employee participated in immediately prior to coverage under such Parent Plan and (ii) provide such Covered Employee with credit for any copayments, coinsurance and deductibles paid under an Employee Plan prior to such Covered Employee’s coverage under any Parent Plan during the calendar year in which such amount was paid, to the same extent such credit was given under the Employee Plan such Covered Employee participated in immediately prior to coverage under such Parent Plan in satisfying any applicable deductible or out-of-pocket requirements under such Parent Plan.
Crediting of Payments. Payments made on your Account at the address designated for payment on the monthly periodic statement or in-person payments at a branch made prior to the close of business will be credited on the date of receipt. If the date of receipt is not a business day, your payment will be credited on the first business day following receipt. Payments on your Account will be applied first to collection costs, then to any FINANCE CHARGE and to other fees due, and then to the unpaid principal balance as required by law. Interest paid or agreed to be paid shall not exceed the maximum amount of interest permissible under applicable law, and in any contingency whatsoever, if we shall receive anything of value deemed interest under applicable law which would exceed the maximum amount of interest permissible under applicable law, the excessive interest shall be applied to the reduction of the unpaid principal amount or refunded to you.
Crediting of Payments. We will seek to debit each payment you must make under the contract for your loan from the nominated account before 4:00pm Melbourne time on the day that the payment is due. If we receive a payment after 4:00pm Melbourne time, we will credit that payment to the facility account on the next business day. We apply each payment on a facility account to amounts comprising the balance owing on the account in any order we consider appropriate. We may apply payments you wish to make on a particular facility account to another facility account or other facility accounts.
Crediting of Payments. Payments received before 5:00 pm EST on a business day we are open at the address shown on the remittance slip on the front of your statement will be credited as of the date received, however the payment amount will not reflect as available credit for three (3) business days. Payments received after 5:00 pm EST or a weekend or U.S. Federal Holiday, the payment will be credited the next business day.
Crediting of Payments. The receipt of any item of payment by Lender shall be applied to reduce the Obligations, as provided in Section 2.3.2, but, for purposes of computing interest charges hereunder, each such item of payment shall be deemed paid and applied the number of Business Days after actual receipt thereof specified as Collection Days in Section 1.1.
