Interest Method Sample Clauses

Interest Method. (A) Review the contract and confirm that the Receivable is amortized using the Simple Interest Method.
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Interest Method. Each Receivable shall provide for accrual of interest according to the simple interest method or shall be a Precomputed Receivable and shall provide for monthly payments of principal and interest that fully amortize the Amount Financed by maturity and for a finance charge or yield interest at its Note Rate. The Principal Balance of Precomputed Receivables (on an actuarial basis) as of the Cutoff Date represents _____% of the Original Pool Balance. FORM OF PURCHASE AGREEMENT
Interest Method. Each Receivable shall be Simple Interest Receivable or shall be a Precomputed Receivable;
Interest Method. 4.3.1 The Loan under this Agreement is daily interest loan, the daily interest rate = annual interest rate/360
Interest Method. Any interest under this Agreement shall accrue from day to day and shall be calculated in accordance with the method 30/360, i.e., on the basis of a month of 30 days and a year of 360 days.
Interest Method. Each Receivable shall provide for accrual of interest according to the simple interest method or shall be a Precomputed Receivable;
Interest Method. Each Receivable shall provide for accrual of interest according to the simple interest method and shall provide for monthly payments of principal and interest that fully amortize the Amount Financed by maturity and for a finance charge or yield interest at its Note Rate.
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Related to Interest Method

  • Test method 3.3.1. The method used shall be that described in Annex 3, paragraph 3.1.

  • Payment Method Payment shall be made by the Contractor to the Subcontractor as follows: (choose one) ☐ - Immediately upon completion of the Services to the satisfaction of the Contractor. ☐ - Within business days after completion of the Services to the satisfaction of the Contractor. ☐ - Shall be paid on a ☐ weekly ☐ monthly ☐ quarterly ☐ other

  • Payment Methodology The Contractor shall be compensated based on the Service Rates in Attachment for units of service authorized by the Institution in a total amount not to exceed the Contract Maximum Liability established in Section C.1. The Contractor’s compensation shall be contingent upon the satisfactory completion of units of service or project milestones identified in Attachment B. The Contractor shall submit invoices, in form and substance acceptable to the Institution with all of the necessary supporting documentation, prior to any payment. Such invoices shall be submitted for completed units of service or project milestones for the amount stipulated.

  • Settlement Method For any Option, Net Share Settlement; provided that if the Relevant Settlement Method set forth below for such Option is not Net Share Settlement, then the Settlement Method for such Option shall be such Relevant Settlement Method, but only if Counterparty shall have notified Dealer of the Relevant Settlement Method in the Notice of Final Settlement Method for such Option.

  • First Method and Market Quotation If the First Method and Market Quotation apply, the Defaulting Party will pay to the Non-defaulting Party the excess, if a positive number, of (A) the sum of the Settlement Amount (determined by the Non-defaulting Party) in respect of the Terminated Transactions and the Termination Currency Equivalent of the Unpaid Amounts owing to the Non-defaulting Party over (B) the Termination Currency Equivalent of the Unpaid Amounts owing to the Defaulting Party.

  • Payment Methods A. Except as otherwise provided by this Contract, the payment method will be one or more of the following:

  • Measurement method An isolation resistance test instrument is connected between the live parts and the electrical chassis. The isolation resistance is subsequently measured by applying a DC voltage at least half of the working voltage of the high voltage bus. If the system has several voltage ranges (e.g. because of boost converter) in conductively connected circuit and some of the components cannot withstand the working voltage of the entire circuit, the isolation resistance between those components and the electrical chassis can be measured separately by applying at least half of their own working voltage with those components disconnected.

  • Allocation Method The Plan Administrator will allocate a Plan-Designated QNEC using the following method (Choose one of a., b., c., or d.):

  • Billing Method 1.4.1 To receive payment for services rendered under this contract, Contractor shall submit a fully completed invoice for work previously performed to: Minneapolis Public Housing Authority Attention: Accounts Payable, Suite 307 0000 X. Xxxxxxxxxx Avenue, Minneapolis, MN 55401

  • Interest Factor With respect to this Floating Rate Note, accrued interest is calculated by multiplying the principal amount of such Note by an accrued interest factor. The accrued interest factor is computed by adding the interest factor calculated for each day in the particular Interest Reset Period. The interest factor for each day will be computed by dividing the interest rate applicable to such day by 360, in the case of a Floating Rate Note as to which the CD Rate, the Commercial Paper Rate, the Federal Funds Open Rate, the Federal Funds Rate, LIBOR or the Prime Rate is an applicable Interest Rate Basis, or by the actual number of days in the year, in the case of a Floating Rate Note as to which the CMT Rate or the Treasury Rate is an applicable Interest Rate Basis. In the case of a series of Notes that bear interest at floating rates as to which the Constant Maturity Swap Rate is the Interest Rate Basis, the interest factor for each day will be computed by dividing the number of days in the interest period by 360 (the number of days to be calculated on the base is of a year of 360 days with twelve 30-day months (unless (i) the last day of the interest period is the 31st day of a month but the first day of the interest period is a day other than the 30th or 31st day of a month, in which case the month that includes that last day shall not be considered to be shortened to a 30-day month, or (ii) the last day of the interest period is the last day of the month of February, in which case the month of February shall not be considered to be lengthened to a 30-day month)). The interest factor for a Floating Rate Note as to which the interest rate is calculated with reference to two or more Interest Rate Bases will be calculated in each period in the same manner as if only the applicable Interest Rate Basis specified above applied.

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