Manner and time of payment definition

Manner and time of payment. Each amount payable under Clause 6.01 (Issuer to pay Fiscal Agent) shall be paid unconditionally by credit transfer in French Francs and in immediately available, freely transferable, cleared funds not later than 10.00 a.m. (Paris time) on the relevant day specified in Clause 6.01. The Issuer shall, before 10.00 a.m. (Local Time) on the second Business Day before the due date of each payment by it under Clause 6.01 (Issuer to pay Fiscal Agent), procure that the bank effecting payment for it confirms by authenticated SWIFT message MT100 to the Fiscal Agent the payment instructions relating to such payment indicating that they provide for payment for value on the relevant date.
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Examples of Manner and time of payment in a sentence

  • Manner and time of payment Each amount payable under Clause 6.1 shall be paid unconditionally by credit transfer in US dollars and in same day, freely transferable, cleared funds not later than 17:00 (London time) on the Business Day prior to the Relevant Date to such account with such bank in the United States of America as the Paying Agent may from time to time by notice to the Issuer (with a copy to the Trustee) specify for such purpose.

  • Manner and time of payment of net tax and interest, if any, payable according to monthly return.

  • Manner and time of payment of tax payable under sub-section (2) of section 15.CHAPTER IX Scrutiny, audit, assessment of tax, imposition of penalty for default in furnishing returns, determination of interest, demand, refund of excess payment.

  • Manner and time of payment of tax payable under sub-section (1) of section 15.

  • Manner and time of payment of net tax and interest payable if any undersub-section (1) and sub-section(3) of section 33, before furnishing quarterly returns.40.

  • PART III Manner and time of payment of net tax by a dealer before furnishing returns and interest for delayed payment or non-payment of net tax payable or for non-reversal of input tax credit or input tax rebate before assessment.

  • Manner and time of payment of net tax and interest payable, if any, under sub- section (1) and sub-section (3) of section 33, before furnishing quarterly returns.

  • The datafold eigensolver wrapper should then select the best option for the given kernel matrix, depending on the parameters n_- eigenpairs, is_stochastic and is_symmetric.

  • In order to provide for the payment of principal and interest in respect of the Notes as the same becomes due and payable, the relevant Issuer (or, in default, the Guarantor, where applicable) shall pay to the Fiscal Agent or, with respect to Dematerialised Instruments, the Italian Paying Agent, in accordance with Clause 6.2 (Manner and time of payment) below, an amount equal to the principal redemption and/or (as the case may be) interest amount falling due in respect of the Notes on such date.

  • Manner and time of payment of royalty 25 SCHEDULE—FEES 26═══════════════ENDNOTES 281.

Related to Manner and time of payment

  • Date of Payment means the date on which NYSERDA requisitions a check from its statutory fiscal agent, the Department of Taxation and Finance, to make a Payment.

  • Current rate of pay means the member's actual hourly, daily, weekly, biweekly, monthly, or yearly rate of pay converted to an annual rate as defined in final rate of pay. The rate shall be certified by the employer;

  • Final rate of pay means the actual rate upon which earnings of an employee were calculated during the twelve (12) month period immediately preceding the member's effective retirement date, and shall include employee contributions picked up after August 1, 1982, pursuant to KRS 78.610(4). The rate shall be certified to the system by the employer and the following equivalents shall be used to convert the rate to an annual rate: two thousand eighty (2,080) hours for eight (8) hour workdays, one thousand nine hundred fifty (1,950) hours for seven and one-half (7.5) hour workdays, two hundred sixty (260) days, fifty-two (52) weeks, twelve (12) months, one (1) year;

  • Basic Rate of Pay means the incremental step in the Salaries Schedule applicable to an Employee in accordance with the terms of this Collective Agreement, exclusive of all premium payments.

  • Schedule of Payments means the schedule of payments disclosed on a Contract.

  • Actual Rate of Pay means, unless and until the Agency Worker has completed the Qualifying Period, the rate of pay which will be paid for all time worked during an Assignment for each hour worked, as set out in the relevant Assignment Details Form;

  • Annual Rate of Pay means, as of any date, an employee’s annualized base pay rate. An employee’s Annual Rate of Pay shall not include sales commissions or other similar payments or awards.

  • hourly rate of pay means a full-time employee’s weekly rate of pay divided by thirty-seven decimal five (37.5); (taux de rémunération horaire)

  • Real-Time Price means the Resource-Specific Settlement Interval LMP as defined in the CAISO Tariff. If there is more than one applicable Real-Time Price for the same period of time, Real-Time Price shall mean the price associated with the smallest time interval.

  • Real-time Prices means the Locational Marginal Prices resulting from the Office of the Interconnection’s dispatch of the PJM Interchange Energy Market in the Operating Day.

  • weekly rate of pay means an employee’s annual rate of pay divided by 52.176.

  • Actual QP Rate of Pay means the rate of pay which will be paid to the Agency Worker if and when s/he completes the Qualifying Period, as set out in any variation to the relevant Assignment Details Form;

  • Regular rate of pay means the rate of pay the employee was receiving at the time maternity leave commenced, but does not include retroactive adjustment of rate of pay, acting pay, overtime, shift premium or any other form of supplementary compensation.

  • Base rate of pay means the employee’s hourly rate of pay excluding any premiums, incentives, add-ons or rollups.

  • Redemption Cut-Off Time means 5.00 p.m. Dublin time on the Business Day immediately preceding the relevant Dealing Day or such point as the Directors may determine in exceptional circumstances;

  • Tariff Payment means the payments to be made under Monthly Bills as referred to in Article 10 and the relevant Supplementary Bills;

  • Place of Payment when used with respect to the Securities of any series, means the place or places where the principal of and any premium and interest on the Securities of that series are payable as specified as contemplated by Section 301.

  • Semi-Annual Record Date means the "Record Dates" set forth under "Summary of Essential Financial Information--Estimated Distributions--Semi-Annual Distributions" in the Prospectus Part I for a Trust.

  • Ordinary rate of pay in Clause 17. - Annual Leave means the average rate the employee received for the four weeks preceding the taking of annual leave or the average rate received for the 12 months preceding such leave, whichever shall be the higher, provided that such average shall be computed taking into consideration any extra rates prescribed for night work, etc., and penalty rates for Sunday work where such work is part of the employee's normal working week of five days but excluding any amounts received by way of overtime or holiday penalty rates.

  • Income Account Record Date means the "Record Dates" set forth in the "Essential Information" in the Prospectus.

  • Standard Rate means, for any day, a rate per annum equal to the Bank's announced Prime Rate minus 0% per annum, and each change in the Standard Rate shall be effective on the date any change in the Prime Rate is publicly announced as being effective.

  • Monthly Record Date means the "Record Dates" set forth under "Summary of Essential Financial Information--Estimated Distributions" in the Prospectus Part I for a Trust.

  • The term "Record Date means the "Record Dates" set forth under "Investment Summary--Essential Information" in the Prospectus for the Trust.

  • Real-time System Energy Price means the System Energy Price resulting from the Office of the Interconnection’s dispatch of the PJM Interchange Energy Market in the Operating Day.

  • daily rate of pay means an employee’s weekly rate of pay divided by five (5);

  • ADS Record Date shall have the meaning given to such term in Section 4.9.