DELAY IN PAYMENT definition

DELAY IN PAYMENT. OR The Company has the right to suspend or delay the SURRENDER date of any Surrender payment from the Variable Account for any period:
Sample 1

Examples of DELAY IN PAYMENT in a sentence

  • NOTWITHSTANDING ANY SUCH DELAY IN PAYMENT, NO INTEREST WILL BE PAID ON THE PURCHASE PRICE.

  • POTENTIAL DELAY IN PAYMENT We reserve the right to extend the period of time during which our offer is open and thereby delay acceptance for payment of any tendered units.

  • THERE WILL BE A DELAY IN PAYMENT FOR INVOICES (F-142) NOT RETURNED TO Cal OES FIRE AND RESCUE DIVISION WITHIN 30 CALENDAR DAYS OF RECEIPT FOR VERIFICATION OF BILLING AMOUNTS AND SIGNATURE.

  • INSTALLATION OR DELIVERY DELAYS INCURRED AS A RESULT OF THE BUYER’S FAILURE TO ADEQUATELY PREPARE ITS FACILITY OR OTHERWISE DUE TO DELAYS ON THE PART OF BUYER DO NOT WARRANT A DELAY IN PAYMENT FOR THE PRODUCT AND/OR SERVICES PURCHASED.

  • THERE WILL BE A DELAY IN PAYMENT FOR INVOICES (F-142) NOT RETURNED TO Cal OES FIRE AND RESCUE DIVISION WITHIN THIRTY (30) CALENDAR DAYS OF RECEIPT FOR VERIFICATION OF BILLING AMOUNTS AND SIGNATURE.

  • SUSPENSION OR DELAY IN PAYMENT OF SURRENDER The Company has the right to suspend or delay the date of any Surrender payment from the Variable Account for any period: 1.

  • SELLER AGREES THAT BUYER SHALL CONTINUE TO BE ENTITLED TO ANY AND ALL DISCOUNTS AND SHALL NOT BE PENALIZED DUE TO ANY DELAY IN PAYMENT WHICH STEMS FROM SELLER’S FAILURE TO COMPLY WITH THESE INSURANCE REQUIREMENTS.

  • Therefore, the developers considered both these effects as quite strongly correlated (Arain and Low, 2005).7.3.2.3 DELAY IN PAYMENT – POOR PROFESSIONAL RELATIONSDelay in payment and poor professional relations were relatively correlated.

  • A common measure of income is the national accounts system which is uniform measure of the total value of domestic production during the year.

  • A VARIANCE IN EXCESS OF 0.5% (1/2 OF A PERCENT) FROM THE ENROLLMENT SHOWN ON BES MAY RESULT IN A DELAY IN PAYMENT OF THE INVOICE UNTIL THE DISCREPENCY IS RESOLVED.

Related to DELAY IN PAYMENT

  • margin payment ’ means payment or de- posit of cash, a security, or other property, that is commonly known to the securities trade as original margin, initial margin, main- tenance margin, or variation margin, or as a mark-to-market payment, or that secures an obligation of a participant in a securities clearing agency;

  • Down payment means all partial payments, whether made in cash or otherwise, received by or for the benefit of the seller before or substantially contemporaneous with either the execution of the installment sale contract or the delivery of the motor vehicle sold under that contract, whichever occurs later.

  • Payment Event means any of the following:

  • AHYDO Payment means any mandatory prepayment or redemption pursuant to the terms of any Indebtedness that is intended or designed to cause such Indebtedness not to be treated as an “applicable high yield discount obligation” within the meaning of Section 163(i) of the Code.

  • Tax Event Redemption Price means an amount equal to the unpaid principal amount of this Note to be redeemed, which shall be determined by multiplying (1) the Outstanding Principal Amount of this Note by (2) the quotient derived by dividing (A) the outstanding principal amount to be redeemed by Principal Life of the Funding Agreement by (B) the outstanding principal amount of the Funding Agreement.

  • Co-payment means a relatively small amount of money paid by the insured person towards the cost of each day in a private hospital per episode of care, with Latrobe paying the rest of the cost.

  • Non-Payment Default means any event (other than a Payment Default) the occurrence of which entitles one or more Persons to accelerate the maturity of any Designated Senior Indebtedness.

  • Repayment Event means any event or condition which gives the holder of any note, debenture or other evidence of indebtedness (or any person acting on such holder’s behalf) the right to require the repurchase, redemption or repayment of all or a portion of such indebtedness by the Company or any of its subsidiaries.

  • Foreign Prepayment Event has the meaning assigned to such term in Section 2.11(g).

  • Payment Event of Default means an Event of Default specified in Section 7.1(a).

  • Tax Event Repayment Date means the date set out in a notice from the Issuer to the Bondholders pursuant to Clause 10.4 (Early redemption option due to a tax event).

  • Special Event Redemption Price has the meaning specified in Section 11.2.

  • Prepayment Event means any Asset Sale Prepayment Event, Debt Incurrence Prepayment Event, Casualty Event or any Permitted Sale Leaseback.

  • Tax Event Redemption means, if a Tax Event shall occur and be continuing, the redemption of the Notes, at the option of the Company, in whole but not in part, on not less than 30 days nor more than 60 days' written notice.

  • Tax Event Redemption Date means the date upon which a Tax Event Redemption is to occur.

  • Event Payments has the meaning set forth in Section 6.1(d).

  • Special Event means any of a Tax Event, an Investment Company Event or a Capital Treatment Event.

  • Premium means any premium payable under the terms of the Notes.

  • PAGA Payment means the penalties pursuant to PAGA that the Parties have agreed is a

  • Installment as defined in Section 2.12.

  • Asset Sale Prepayment Event shall not include any transaction permitted by Section 10.4 (other than transactions permitted by Section 10.4(b) and Section 10.4(o), which shall constitute Asset Sale Prepayment Events).

  • Tax Event means the receipt by the Company and the Trust of an opinion of counsel experienced in such matters to the effect that, as a result of any amendment to or change (including any announced prospective change) in the laws or any regulations thereunder of the United States or any political subdivision or taxing authority thereof or therein, or as a result of any official administrative pronouncement (including any private letter ruling, technical advice memorandum, field service advice, regulatory procedure, notice or announcement, including any notice or announcement of intent to adopt such procedures or regulations) (an “Administrative Action”) or judicial decision interpreting or applying such laws or regulations, regardless of whether such Administrative Action or judicial decision is issued to or in connection with a proceeding involving the Company or the Trust and whether or not subject to review or appeal, which amendment, clarification, change, Administrative Action or decision is enacted, promulgated or announced, in each case on or after the date of original issuance of the Debentures, there is more than an insubstantial risk that: (i) the Trust is, or will be within 90 days of the date of such opinion, subject to United States federal income tax with respect to income received or accrued on the Debentures; (ii) interest payable by the Company on the Debentures is not, or within 90 days of the date of such opinion, will not be, deductible by the Company, in whole or in part, for United States federal income tax purposes; or (iii) the Trust is, or will be within 90 days of the date of such opinion, subject to more than a de minimis amount of other taxes, duties or other governmental charges.

  • Coupon Payment Date means each day specified to be an Coupon Payment Date in the Product Terms.

  • Loan Payment means any amount payable by the Loan Parties to the Bank pursuant to the Legal Agreements or these General Conditions, including (but not limited to) any amount of the Withdrawn Loan Balance, interest, the Front-end Fee, interest at the Default Interest Rate (if any), any prepayment premium, any transaction fee for a Conversion or early termination of a Conversion, any premium payable upon the establishment of an Interest Rate Cap or Interest Rate Collar, and any Unwinding Amount payable by the Borrower.”

  • Redemption Payment Date As defined in Section 13.1.

  • Change of Control Redemption Premium means 125%.