Mode of Payment definition

Mode of Payment means any method for the transfer of monies agreed on as acceptable by both the Investor and the Company. Any Mode of Payment used by an Investor to transfer a Contribution is deemed acceptable to both Parties unless one Party communicates otherwise within seven (7) days of the receipt of funds. Any Mode of Payment thusly deemed acceptable for the transfer of Contribution is automatically deemed acceptable for any return of Contribution under Clause 4.4.2, or any Project Payment under Clause 5.
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Mode of Payment means either (a) electronic transfer of funds to the designated bank account of METL, or (b) by way of a demand draft drawn on any scheduled commercial bank in favour of ‘Model Economic Township Limited’;
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Mode of Payment. By cheque payable in Madras drawn in favor of Xxxxxx Infoway Ltd. account.
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Examples of Mode of Payment in a sentence

  • Terms and Mode of Payment: Unless specified otherwise in SCC, the terms of payments would be as follows: 22.1. Unless otherwise specified in SCC, usual payment term is 100% on receipt and acceptance of goods by the Purchaser and on production of all required documents by the supplier.

  • Mode of Payment: Payment will be made through RTGS/ NEFT (Please provide the details as required) S.No. Details 1.

  • Mode of Payment: Payment will be made through RTGS/ NEFT (Please provide the details as required) S.no.

  • Mode of Payment: All payments to the Supplier shall be made through Crossed Cheques issued in the name of [supplier’s name] 8.

  • Deviations from, or objections or reservations to critical provisions such as those concerning Performance Security, Terms and Mode of Payment; Variation, Delay in the Contractor’s Performance, Liquidated Damages, Termination of Contract, Force Majeure, Resolution of Disputes, Applicable law etc.


More Definitions of Mode of Payment

Mode of Payment. All invoices submitted by medac shall be stated [ * ]. DUSA shall make all payments required under this Agreement as directed by medac from time to time, net of [ * ].
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Mode of Payment means the optional form of distribution under which a Participant’s vested account balance becomes payable.
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Mode of Payment means payment modes through which consumer can make a xxxx payment. The payment modes options at BBPS are Cash, Cards (Credit, Debit & Prepaid), IMPS, UPI, AEPS, Internet Banking & UPI, Wallets.
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Mode of Payment. In principle, the mode of payment shall be cash on delivery; it can also be paid on a rolling basis for each month. But the longest term for delaying payment shall not be more than 35 days. Yujie Stone Block Plant, Niuquan Township, Laicheng District, Laiwu Xxxx March 25, 2005 Quality Standards for Limestone
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Mode of Payment. Principal: The principal is to be repaid on the Maturity Date. Interest: Interest is payable semi-annually on December 1 and June 1 of each year.
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Mode of Payment means a mode of payment devised by the Government of Balochistan for making payment by the investors as cost of leased land in any declared industrial area under the control of Director General Industries Balochistan.
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Mode of Payment. Installment: Full Payment: Booking Money Tk.................................................. Cash/Cheque/P.O/ DD. No................................... Date:................................Bank:..........................................Branch:................................................... Down Payment (..........%) Tk. ...............................................on or before............................................. No. of Installments: Per Installments Tk. Installment start from: Instruction (if any):.............................................................................................................................. ......................................................................................................................................................... .........................................................................................................................................................
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