Payment Mode definition

Payment Mode means the various modes by which a payment can be made by a Customer to the Merchant through the POS or equipment for the goods sold / services rendered by the Merchant i.e. (i) Card; (ii) any payment wallet issued by a RBI authorized Prepaid Payment Instrument license holder; (iii) any platform that allows payment by way of Unified Payments Interface; and (iv) and such other form of payment acceptance method as provided by RapiPay from time to time including but not limited payment processing services rendered by Non-Banking Financial Institutions.
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Payment Mode. [Monthly] Period Certain: [None] Income Start Date: [January 1, 2007] [Initial Fixed Income Payment: $200.00] Minimum Fixed Income Payment: [$100.00] [Fixed Account Interest Rate: 3%] Fixed Income Payment Cost of Living Adjustment Percentage: [3%] Variable Payout Rate: [5.16 per $1,000.00] Assumed Interest Rate: [4%] IF YOU HAVE A QUESTION, WOULD LIKE TO OBTAIN INFORMATION ABOUT YOUR CONTRACT, OR IF YOU NEED ASSISTANCE RESOLVING A COMPLAINT, PLEASE CONTACT YOUR SALES REPRESENTATIVE OR CALL OUR [ANNUITY SERVICE DEPARTMENT] TOLL FREE AT [000-000-0000].
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Payment Mode. In Arrears Amortization Method: Simple Int.
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Examples of Payment Mode in a sentence

  • Your preferred SIP Payment Mode Auto Debit (NACH/ECS/Direct Debit) or Post Dated Cheques (PDC).

  • Payment Mode Cheque/DD/RTGS/NEFT No. Investment Amount (Rs.) (i) DD charges (Rs.) (ii)Cheque DDRTGSNEFTFund TransferCheque/RTGS/NEFT/DD/FT Date Payment from Bank A/c.

  • Termination of the Guaranteed Income Benefit Option will be effective with the change in the Access Period or the change to the Periodic Income Payment Mode on the next Periodic Income Commencement Date anniversary.

  • Other Periodic Income Payment Mode elections will result in a modal adjustment of the Initial GIB Percentage.

  • A change by the Owner to the Access Period or to the Periodic Income Payment Mode will terminate the Guaranteed Income Benefit Option, if in effect.

  • Other Payment Mode: Pre Acknowledgement Payment (PAP) form through State Bank of India Branch.The application fee is to be paid by logging into website of State Bank of India ( www.onlinesbi.com) and further selecting the option “State Bank Collect”.

  • Prescribed Examination Fee (please see the Information at a Glance) can be paid through any Bank/Payment Gateway in any Payment Mode mentioned below.

  • After the deaths of both the Annuitant and the Secondary Life the revised annuity factor is based only upon, as of the Valuation Date of the Periodic Income Payment, the Periodic Income Payment Mode; the length of time remaining in the Access Period (See: Death Benefit, During the Access Period); and the Assumed Interest Rate.

  • You may change your Premium Payment Mode anytime during the policy term by submitting a written request provided your annualized premium is equal to or more than minimum annualized premium applicable for proposed mode of premium payment.

  • On the Home Page of Laghu Vanopaj Sangh’s website www.cgmfpfed.org, a Link for Online Payment Mode will be displyed.

Related to Payment Mode

  • Payment month means, for all programs except EA, the calendar month for which benefits are issued.

  • AHYDO Catch-Up Payment means any payment on any Indebtedness that would be necessary to avoid such Indebtedness being characterized as an “applicable high yield discount obligation” under Section 163(i) of the Code.

  • Application for Final Payment means Contractor’s final invoice for payment that includes any portion of the Work that has been completed for which an invoice has not been submitted, amounts owing to adjustments to the final Contract Sum resulting from approved change orders, and release of remaining Contractor’s retainage.

  • Structured settlement payment rights means rights to receive periodic payments under a structured settlement, whether from the structured settlement obligor or the annuity issuer, where:

  • 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.

  • Payment Business Day means a day on which commercial banks are open for business (including dealings in foreign exchange and foreign currency deposits) in Stockholm and Frankfurt am Main and on which the Clearing System settles payments in the Issue Currency.

  • Payment Amount has the meaning specified in Section 6.1.

  • Debit Payment means a particular transaction where a debit is made.

  • prepayment meter means a meter that can be programmed to allow the flow of pre-purchased amounts of energy in an electrical circuit;

  • Auction Final Price means the relevant auction final price that may be published by ISDA or any administrator of any auction coordinated by ISDA from time to time and that would be applicable to the senior, unsecured debt obligations issued or guaranteed by the relevant

  • Upfront Payment has the meaning set forth in Section 4.1.

  • Alternative Payment Mechanism means, with respect to any securities or combination of securities (together in this definition, “such securities”), provisions in the related transaction documents requiring the Corporation to issue (or use commercially reasonable efforts to issue) one or more types of APM Qualifying Securities raising eligible proceeds at least equal to the deferred Distributions on such securities and apply the proceeds to pay unpaid Distributions on such securities, commencing on the earlier of (x) the first Distribution Date after commencement of a deferral period on which the Corporation pays current Distributions on such securities and (y) the fifth anniversary of the commencement of such deferral period, and that

  • Delta Payment means as it is described in this Agreement.

  • Recovered tax increment value means, except as otherwise

  • Remarketing Fee has the meaning specified in Section 5.4(b)(i).

  • Variable Charge means the charge that varies according to kgtm and is calculated in accordance with the formula set out in paragraph 2.2.1, summed across all Services;

  • Settlement Payment means the transfer, or contractual undertaking (including by automated clearing house transaction) to effect a transfer, of cash or other property to effect a Settlement.

  • Coupon Barrier Value means, in respect of a ST Coupon Valuation Date, Worst Value.

  • Cash Payment System means a payment system that generates any transfer of funds through a transaction originated by cash, check, or similar paper instrument. This includes electronic payments to a financial institution or clearing house that subsequently issues cash, check, or similar paper instrument to the designated payee.

  • Payment Due Date means the date by which the Date of Payment must occur, in accordance with the provisions of Sections 504.3 through 504.5 of this Exhibit, in order for NYSERDA not to be liable for interest pursuant to Section 504.6.

  • Payment Method means a payment method that Stripe accepts as part of the Stripe Payments Services (e.g., a Visa credit card, Klarna).

  • Reimbursement Payment shall have the meaning given to that term in Subparagraph 2.02(c).

  • Payment Ahead means, with respect to a Precomputed Receivable and a Collection Period, any Excess Payment (not representing, when added to any Deferred Prepayment with respect to such Precomputed Receivable, a prepayment in full of such Precomputed Receivable) which the Servicer, in accordance with its customary servicing practices, will apply towards the payment of Scheduled Payments due in one or more future Collection Periods.

  • Agreement Payment means a Payment paid or payable pursuant to this Agreement.

  • Note Payment Sequence means the application of Interest Proceeds in accordance with the Interest Proceeds Priority of Payments or the application of Principal Proceeds in accordance with the Principal Proceeds Priority of Payments, as applicable, in the following order:

  • Net Payment With respect to any Distribution Date on or prior to the Swap Contract Termination Date, an amount equal to the sum of (i) any Current Interest and Interest Carry Forward Amounts in respect of the Benefited Certificates, (ii) any Net Rate Carryover in respect of the Benefited Certificates, (iii) any Unpaid Realized Loss Amounts in respect of the Benefited Certificates and (iv) any Overcollateralization Deficiency Amount, in each case remaining unpaid (or in the case of Overcollateralization Deficiency Amount, remaining) following the distribution to the Benefited Certificates of Excess Cashflow and Credit Comeback Excess Cashflow pursuant to Section 4.04(c) of the Pooling and Servicing Agreement. With respect to any Distribution Date after the Swap Contract Termination Date, zero.