Number of Payments definition

Number of Payments means the number of Interim Payments that are to be made in that Settlement Period, and where “Historic Settlement Amount” shall be the amounts set out in Appendix 1 to this Schedule, and then as advised by RSP to the Licensee from time to time.
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Number of Payments has the meaning given to it in Clause 12-31(1)(a)(ii) below.
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Number of Payments times “Amount of Payments” equals “Total of Payments.” Test 3.3(h) — 9: Total Sale Price Observe the “Federal Truth-in-Lending Disclosures” box of the Contract and confirm “Total of Payments” plus the total downpayment, if any, equals “Total Sale Price.” Test 3.3(h) — 10: Equal Credit Opportunity Act - Origination Review the Receivable in Ford Credit’s receivables systems and confirm any comments at origination do not conflict with the prohibited practices described in the applicable Ford Credit procedure. Test 3.3(h) — 11: State Disclosures; Contract Form Observe the form number and revision date on the Contract and confirm they are on the List of Approved Contract Forms.
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Examples of Number of Payments in a sentence

  • Review the Truth-in-Lending section of the contract and calculate the product of the Amount of Payments with the Number of Payments and confirm that this amount is equal to the Total of Payments.

  • Weighted Average Original Number of Payments of the Initial Receivables (Months) 60 I.

  • The Participation Disclosure above sets forth your ISA Amount, Income Share, Maximum Number of Payments, and Payment Cap, which terms will also be reflected in your Final Disclosure.

  • Calculate the APR, using "Amount Financed," "Number of Payments," first payment due date, and "Amount of Payments" from the "Federal Truth-in-Lending Disclosures" box and the date of the Contract and confirm it matches the APR disclosed or confirm any difference is within the legal tolerance of 0.125 percent.

  • Number of Payments Each employee will be paid in twenty-four (24) installments.

  • Test 3.3(b) – 3: Amortization Observe the "Federal Truth-in-Lending Disclosures" box of the Contract and confirm "Number of Payments" times “Amount of Payments" equals "Total of Payments." Test 3.3(b) – 4: Simple Interest Review the Contract and confirm it is a simple finance charge contract.

  • Test 3.3(t) – 1: Term of Receivable for New Vehicles Observe the Contract and, if the description of the Financed Vehicle is new, observe the "Number of Payments" from the payment schedule section of the "Federal Truth-in-Lending Disclosures" box of the Contract and confirm the total number of payments is 84 or fewer.

  • Weighted Average Remaining Number of Payments of the Initial Receivables (Months) 59 J.

  • PAYMENT SCHEDULE WILL BE: Number of Payments 1 PREPAYMENT: If you pay off early, you may be charged a minimum Finance Charge.

  • Using the Remaining Number of Payments Methodology, we recalculated the Remaining Number of Payments for each Sample Lease and compared the results to the values disclosed in the “S_CurrRemNbrPmts” field on the Sample Lease Data Tape.


More Definitions of Number of Payments

Number of Payments. 30 scheduled monthly installments, payable in arrears Fixed, per annum simple interest rate: SEVEN AND 88/100 percent (7.88%) (the "Purchase Option Financing Rate"), or
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Number of Payments. Weekly payment due: $ Terms and Conditions
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Number of Payments. Section 2.4(b) “Other Lender” Section 9.10(c) “Patriot Act” Section 5.7(c) “Reinvestment Period” Section 6.4
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Number of Payments. The teacher's annual salary shall be payable in twenty-six (26) equal installments. All teachers will be paid in twenty-six (26) equal installments only. Teachers new to the system will receive their first payment on the second payroll of the school year, and will be paid 2/26 of their regular pay at that time. Subd. 2. Pay day: Pay day shall be every other Friday. The maximum number of pay days per year shall be twenty-six (26). The initial pay date shall be established by Superintendent regulation and be on a regular scheduled rotation as per Article VIII, Section 6, Subd. 1.
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Number of Payments one final payment in respect of the full capital and all remaining interest.
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Number of Payments. Beginning Date: Local Association: Last Payment Date: This agreement shall become effective October 1, 2015 and shall remain in effect through the 2015‐2016 membership year. Local Association President Signature/Date Local Treasurer Signature/Date UniServ Coordinator Signature/Date TEA Executive Director/Designee Signature/Date The person who will be sending payments to TEA (please PRINT): Name: Position: Address: Phone (H):_ City/State/Zip: (C):_ Home email: (S): TEA Board Policy (stated on back) requires that a signed copy of this form must be on file by September 15, 2015. Policy 4609 TEA Board of Directors Membership Dues Transmittal Agreement Each affiliated local association and the Tennessee Education Association shall complete annually a Payment of Membership Dues Agreement. Agreement forms shall be provided to each affiliated local no later than August 1 of each membership year. The completed agreement shall state the method(s) to be used locally in collecting membership dues (cash, check, easy pay bank deductions, payroll deductions), the time schedules for collecting dues at the local level, and the schedule for submitting TEA/NEA dues and contributions to NEA Fund for Children and Public Education to the Tennessee Education Association. Proposed agreements shall be returned to TEA no later than September 15 for approval by the TEA Executive Director or his/her designee unless an extended return date has received prior approval because of a special hardship situation, or unless total monies due have been submitted to TEA by October 1. If by October 1 any local association does not have an approved Payment of Membership Dues Agreement or has not submitted all dues in full, the Board reserves the right to discontinue affiliate services. Such affiliates shall be notified in writing by the President, the Executive Director and a full report shall be made at the next meeting of the TEA Board of Directors. The appropriate TEA/NEA dues and NEA Fund for Children and Public Education contributions shall be submitted to the TEA within thirty (30) days following their receipt by the local association, unless a hardship situation is approved in advance by the TEA. A local association which becomes delinquent in its transmittal schedule by more than thirty (30) days shall be assessed a penalty of two (2) per cent per month on the overdue balance.
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Related to Number of Payments

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

  • 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.

  • 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.

  • 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.

  • Maximum Distributable Amount means any maximum distributable amount relating to the Issuer and/or the Group (if any) which is determined pursuant to Article 141 of the CRD IV Directive (or, as the case may be, any provision of Danish law transposing or implementing Article 141 of the CRD IV Directive), or any successor provision thereto;

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

  • Capitation Payment means a payment the STATE makes periodically to the MCO for each Enrollee covered under the Contract for the provision of services as defined in Article 6 regardless of whether the Enrollee receives these services during the period covered by the payment.

  • 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;

  • 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.

  • Fixed Amounts has the meaning assigned to such term in Section 1.07(b).

  • 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;

  • 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;

  • Minimum Disbursement Amount means Twenty-Five Thousand and No/100 Dollars ($25,000).

  • 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)

  • Capitation rate means the fee the department pays monthly to a participating health or dental plan for each enrollee for the provision of covered medical or dental services whether or not the enrollee received services during the month for which the fee is intended.

  • Monthly Salary Rate means the amount agreed to by Owner that can be used on Applications for Payment throughout the Construction Phase to account for the monthly salary costs of Contractor’s salaried personnel assigned to the Project. A Monthly Salary Rate must be established for each salaried person and must be approved in writing by Owner in advance of any Application for Payment for that person. The Monthly Salary Rate is for convenience only and any payments made for Contractor’s personnel are subject to audit to determine the actual cost of the wages and allowable employer contributions incurred by Contractor for services performed. The initial Monthly Salary Rate is included in Exhibit “G” attached to this Agreement.

  • Minimum Tranche Amount has the meaning specified in Section 2.15(b).

  • FX Reduction Amount is defined in Section 2.1.3.

  • Non-Payment Period Rate means, initially, 200% of the applicable Reference Rate (or 275% of such rate if the Corporation has provided notification to the Auction Agent prior to the Auction establishing the Applicable Rate for any dividend pursuant to paragraph 2(f) hereof that net capital gains or other taxable income will be included in such dividend on shares of AMPS), provided that the Board of Directors of the Corporation shall have the authority to adjust, modify, alter or change from time to time the initial Non-Payment Period Rate if the Board of Directors of the Corporation determines and Moody's and S&P (and any Substitute Rating Agency in lieu of Moody's or S&P in the event either of such parties shall not rate the AMPS) advise the Corporation in writing that such adjustment, modification, alteration or change will not adversely affect their then-current ratings on the AMPS.

  • 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.

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

  • Fixed Amount has the meaning assigned to such term in Section 1.12(c).

  • 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;

  • Payment Cap For each Mortgage Loan, the percentage limit set forth in the related Mortgage Note concerning the maximum permitted increase in a monthly payment.

  • Final payment rate means the aggregate sum of the two components (the blended base amount and capital costs) that, when added together, form the final dollar value used to calculate each provider’s reimbursement amount when multiplied by the DRG weight. These dollar values are displayed on the rate table listing.

  • Annuity Payments The series of payments made to the Owner or any named payee after the Annuity Date under the Annuity Option selected. ANNUITY PERIOD: The period of time beginning with the Annuity Date during which Annuity Payments are made.