Post Dated Cheques definition

Post Dated Cheques. (“PDC”) means the cheques issued by the Borrower in favour of the Lender for repayment of the Loan along with accrued interest.
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Post Dated Cheques or “PDCs” means the cheques issued by the Borrower(s) as per the terms of the Disbursement Letter for Repayment of the Amounts Due payable for the discharge of the obligations of the Borrower(s);
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Post Dated Cheques. (PDCs) shall mean the cheques issued by the Borrower to match the due date of each installment.
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Examples of Post Dated Cheques in a sentence

  • If you wish to pay for your future SIPs through Post Dated Cheques (PDC), you should not fill in the AUTO DEBIT FACILITY FORM.

  • The first installment (in case investor wishes to make the first investment with the SIP application form) you may pay either through Auto Debit (ECS/Direct Debit/NACH) or by Post Dated Cheques.

  • Post Dated Cheques will not be accepted as a mode of payment for application of MICRO SIP.

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

  • Cash, Stock invests, Outstation Cheques/DD, Post Dated Cheques, Money Orders and Postal Orders will not be accepted and such applications will not be considered for allotment.

  • Stock invests, Outstation Cheques/DD, Post Dated Cheques, Money Orders and Postal Orders will not be accepted and such applications will not be considered for allotment.

  • Applications complete in all respects, may be submitted at the Official Points of Acceptance of HDFC Mutual Fund (the Fund).New investors wishing to make SIP investment will need to complete and submit both the Application Form and the SIP Enrolment Form (for Post Dated Cheques or for Auto Debit/ ECS/ Standing Instruction as applicable).The Application Form should be completed in ENGLISH and in BLOCK LETTERS only.

  • Stock invests, Outstation Cheques, Post Dated Cheques, Money Orders and Postal Orders will not be accepted, and such applications will not be considered for allotment.

  • IREDA will have first right on payments to be received from Utilities against the Bridge Loan.B. NOC will be obtained from the co-lenders in case of co-financed projects.C. Post Dated Cheques (PDCs) for amount of Bridge LoanD.

  • SIP Micro SIP (For SIP through Auto-Debit (Direct Debit/ECS/NACH) please fill respective SIP registration cum mandate form)M M Y Y Y YSIP through Post Dated Cheques (Use CTS (Cheque Truncation System) Cheques only)Applicable in case of Third Party Payment:MinorClientEmployeeDistributorM M Y Y Y YPeriod ToFromCheque ToNos.


More Definitions of Post Dated Cheques

Post Dated Cheques or “PDCs” means cheque(s) to be issued by the Borrower in favour of the Security Trustee as security for the Loan, as specified in the Facility Letter; in such event, the provisions of Schedule B hereto will apply;
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Related to Post Dated Cheques

  • Eligible Expense means the lesser of the reasonable, customary, usual, fair market value charge for a covered service or the provider's actual charge.

  • Collective agreement year means each twelve (12) month period commencing on the first day of the renewed collective agreement. For example, the collective agreement year for a collective agreement that commences on April 1, 2014 is April 1, 2014 to March 31, 2015 and each period from April 1 to March 31 for the term of the collective agreement.

  • Payment Year means the calendar year during which the applicable Initial Year Payments or Annual Payments are due pursuant to subsection V.B. Payment Year 1 is 2022, Payment Year 2 is 2023 and so forth. References to payment “for a Payment Year” mean the Initial Year Payments or Annual Payment due during that year. References to eligibility “for a Payment Year” mean eligibility in connection with the Initial Year Payments or Annual Payment due during that year.

  • Earnable compensation means the full rate of the

  • Consolidated Amortization Expense means, for any period, the amortization expense of Borrower and its Subsidiaries for such period, determined on a consolidated basis in accordance with GAAP.

  • transition year means the financial year of an issuer or business in which the issuer or business changes its financial year-end;

  • Service credit year means an accumulation of months of

  • Eligible Expenses means expenses incurred for Medical Services rendered with respect to a Disability.

  • Income year means any year or accounting period beginning 1 July of one calendar year and ending 30 June of the following calendar year or any other period that the Trustees by resolution adopt;

  • relevant year means a year commencing at 00:00 hours on 1 April and ending at 23:59 hours on the following 31 March;

  • Eligible Earnings means the Grantee's base salary (prior to any deferrals under a cash or deferred compensation plan sponsored by the Corporation or an Affiliate) paid during the Plan Year. From time to time the Plan Administrator may, in its sole discretion, establish rules for determining the amounts of Eligible Earnings for employees who become Grantees other than on the first day of a Plan Year as well as any reduction of Eligible Earnings as a result of paid leave of absences.

  • First Year means the intake group of Students for the most junior class or year in a school.

  • Half Year means the period of six months commencing on the first day of April or October of a financial year;

  • Agreement Year means each twelve (12) month period of the term of this Agreement beginning on the first day of the calendar year except for the “First Agreement Year” which shall mean the period commencing on the Effective Date and ending on December 31, 2003.

  • Crop year means any 12 month period which represents the planting, growing, harvesting and marketing of an insurable crop, as stated in the Schedules;

  • Eligible Expenditures means the expenditures for goods, works and consultants’ services referred to in Section 2.02 of this Agreement;

  • Leave Year means the year ending with the anniversary date of the employee’s appointment.

  • Current year means the financial year, which has already commenced, but not yet ended;

  • Open Year has the meaning specified in Section 4.01(r)(iii).

  • Vacation Year means the twelve (12) month period commencing on the first (1st) day of April in each calendar year and concluding on the thirty-first (31st) day of March of the following calendar year.

  • Progress Payments County shall make periodic progress payments consist with the Contract Price on the basis of Contractor's Applications for Payments, as provided in paragraph

  • Determination Year means the Plan Year for which testing is being performed, and the “look-back year” means the immediately preceding twelve (12) month period.

  • Medicare eligible expenses means expenses of the kinds covered by Medicare Parts A and B, to the extent recognized as reasonable and medically necessary by Medicare.

  • Termination Year means the calendar year in which the Employment Period is terminated.

  • Election Year means a year in which ordinary elections for local governments are required to be held;

  • Compensation Year means a period of 12 months expiring 31 March in any year;