Cash Method definition

Cash Method shall have the meaning set forth in Section 2.3(a)(ii) of this Agreement. “Check Method” shall have the meaning set forth in Section 2.3(a)(i)(A) of this Agreement. “Confidential Information shall have the meaning set forth in Section 7.1 of this Agreement. “Consumer Information” shall have the meaning set forth in Section 7.1 of this Agreement. {F0051944.4 }
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Cash Method shall have the meaning specified in Section 2.03(d)(i).
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Cash Method means a method of tax accounting, whereby the date, on which tax obligations arise, is determined as a date of transfer (receipt) of funds to (in) a taxpayer’s bank account (casher’s office) or a date of receipt of other types of compensation of the cost of goods (services) supplied (or to be supplied), and the date, on which on a right to tax credit arises, is determined as a date, on which funds were written off from the taxpayer’s bank account (given out of a cashier’s office), or a date, on which other types of compensation of the cost of goods (services) supplied (to be supplied) to the taxpayer were provided.
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Examples of Cash Method in a sentence

  • Except to identify it on the Student Portal as a Delivery Method, TMS shall not administer, and shall not be liable for any aspect of, the delivery of Credit Balances via the Cash Method.

  • IRS 2001 Publication No. 538, Cash Method of Accounting for Qualifying Taxpayers, can be found on the web at World Wide Web Tax by scrolling down the page to IRS Form 538.

  • A fishing partnership can use the cash method only if all the partners agree to use it.For more information on the cash method for fishing income, see the latest archived Interpretation Bulletin IT-433R, Farming or Fishing – Use of Cash Method.

  • General Company Information EIN: Click here to enter text.Accrual or Cash Method of Accounting: Choose an item.

  • Therefore, for the avoidance of doubt, all Holders of record on the Regular Record Date immediately preceding the Maturity Date shall receive the full interest payment due on the Maturity Date in cash at the Cash Interest Rate as if the Company had elected the Cash Method for all such interest (whether or not the Company actually elected the Cash Method) regardless of whether their Notes have been converted following such Regular Record Date.

  • The prescribed method of accounting shall be the Cash Method of Accounting.

  • Considering the overall level of the financial position of the Company, during the financial year 2013- 14, and as a prudent measure, the company decided to change method of accounting of expenses (Interest on bank borrowings) from Mercantile Method (Accrual Basis) to Cash Method (Cash Basis), with effect from the Financial Year 2013-14 and continued the same for the current financial year 2014- 15 also.

  • All interest payable in respect of the Interest Payment Date scheduled to occur on the Maturity Date shall be paid entirely by the Cash Method.

  • Schedule B: One Unit Factors For Unit Holders Who File Returns On The Calendar Year Basis And The Cash Method EXAMPLEMultiply amounts per Unit shown below by the number of Units owned on each record date.

  • If adeduction is not allowed under this rule, the rule will con- For more information, see Cash Method of Accountingtinue to apply even if your relationship with the person ends before the expense or interest is includible in thefor Qualifying Taxpayers under Cash Method in Publica- tion 538.gross income of that person.


More Definitions of Cash Method

Cash Method means that method of accounting in which all revenue and expenditure items are recorded as of the date on which cash or other consideration is actually paid or received by the relevant party.
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Related to Cash Method

  • Alternative method means any method of sampling and analyzing for an air pollutant that is not a reference or equivalent method but that has been demonstrated to the satisfaction of the commissioner and the U.S. EPA to, in specific cases, produce results adequate for a determination of compliance.

  • Equivalent method means any method of sampling and analyzing for an air pollutant that has been demonstrated to the satisfaction of the commissioner and the U.S. EPA to have a consistent and quantitatively known relationship to the reference method under specific conditions.

  • Reference method means any direct test method of sampling and analyzing for an air pollutant as specified in 40 CFR 60, Appendix A*.

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

  • Settlement Method means, with respect to any conversion of Notes, Physical Settlement, Cash Settlement or Combination Settlement, as elected (or deemed to have been elected) by the Company.

  • Simple Interest Method means the method of allocating a fixed level payment to principal and interest, pursuant to which the portion of such payment that is allocated to interest is equal to the product of the fixed rate of interest multiplied by the unpaid principal balance multiplied by the period of time elapsed since the preceding payment of interest was made and the remainder of such payment is allocable to principal.

  • Balance Computation Method We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the balance in the account each day. Compounding and Crediting: Interest is compounded daily and calculated on a 365/366 day basis. Interest is credited on a monthly basis.

  • Market Quotation means, with respect to one or more Terminated Transactions and a party making the determination, an amount determined on the basis of quotations from Reference Market-makers. Each quotation will be for an amount, if any, that would be paid to such party (expressed as a negative number) or by such party (expressed as a positive number) in consideration of an agreement between such party (taking into account any existing Credit Support Document with respect to the obligations of such party) and the quoting Reference Market-maker to enter into a transaction (the “Replacement Transaction”) that would have the effect of preserving for such party the economic equivalent of any payment or delivery (whether the underlying obligation was absolute or contingent and assuming the satisfaction of each applicable condition precedent) by the parties under Section 2(a)(i) in respect of such Terminated Transaction or group of Terminated Transactions that would, but for the occurrence of the relevant Early Termination Date, have been required after that date. For this purpose, Unpaid Amounts in respect of the Terminated Transaction or group of Terminated Transactions are to be excluded but, without limitation, any payment or delivery that would, but for the relevant Early Termination Date, have been required (assuming satisfaction of each applicable condition precedent) after that Early Termination Date is to be included. The Replacement Transaction would be subject to such documentation as such party and the Reference Market-maker may, in good faith, agree. The party making the determination (or its agent) will request each Reference Market-maker to provide its quotation to the extent reasonably practicable as of the same day and time (without regard to different time zones) on or as soon as reasonably practicable after the relevant Early Termination Date. The day and time as of which those quotations are to be obtained will be selected in good faith by the party obliged to make a determination under Section 6(e), and, if each party is so obliged, after consultation with the other. If more than three quotations are provided, the Market Quotation will be the arithmetic mean of the quotations, without regard to the quotations having the highest and lowest values. If exactly three such quotations are provided, the Market Quotation will be the quotation remaining after disregarding the highest and lowest quotations. For this purpose, if more than one quotation has the same highest value or lowest value, then one of such quotations shall be disregarded. If fewer than three quotations are provided, it will be deemed that the Market Quotation in respect of such Terminated Transaction or group of Terminated Transactions cannot be determined.

  • Default Settlement Method means Combination Settlement with a Specified Dollar Amount of $1,000 per $1,000 principal amount of Notes; provided, however, that the Company may, from time to time, change the Default Settlement Method by sending notice of the new Default Settlement Method to the Holders, the Trustee and the Conversion Agent.

  • Alternative Benchmark Rate means an alternative benchmark or screen rate which is customarily applied in international debt capital markets transactions for the purposes of determining floating rates of interest (or the relevant component part thereof) in the Specified Currency, provided that all determinations will be made by the Independent Adviser in its reasonable discretion.

  • Actuarial method means the method of allocating a fixed level monthly payment on an obligation between principal and interest, pursuant to which the portion of such payment that is allocated to interest is equal to the product of (a) 1/12, (b) the fixed annual rate of interest on such obligation and (c) the outstanding principal balance of such obligation.

  • DBRS Equivalent Rating means, with respect to any date and any Person with respect to whom DBRS does not maintain a public Relevant DBRS Rating as of such date:

  • Method Detection Level or “MDL” means the minimum concentration of an analyte (substance) that can be measured and reported with a ninety- nine percent (99%) confidence that the analyte concentration is greater than zero (0) as determined by procedure set forth in 40 CFR 136, Appendix B. The method detection level or MDL is equivalent to the LOD.

  • MBA Delinquency Method Under the MBA Delinquency Method, a loan due on the first of the month is considered 30 days delinquent when all or part of one or more payments remains unpaid as of close of business on the last Business Day of such month.

  • Fitch Credit Support Amount means, for any Valuation Date, the excess, if any, of:

  • Established Rate means the rate for the conversion of the Specified Currency (including compliance with rules relating to roundings in accordance with applicable European Community regulations) into euro established by the Council of the European Union pursuant to Article 123 of the Treaty;

  • 5-year Mid-Swap Rate means, in relation to a Reset Interest Period and the Reset Rate of Interest Determination Date in relation to such Reset Interest Period:

  • S&P Credit Support Amount means, for any Valuation Date, the excess, if any, of:

  • Eligible Credit Support means Eligible Collateral and Other Eligible Support.

  • Standard Methods means the examination and analytical procedures set forth in the most recent edition of "Standard Methods for the Examination of Water and Wastewater" published jointly by the American Public Health Association, the American Water Works Association, and the Water Pollution Control Federation.

  • Daily Measurement Value means the Specified Dollar Amount (if any), divided by 40.

  • Credit Support Amount has the meaning specified in Paragraph 3.

  • Applicable Credit Support Percentage As defined in Section 4.02(e).

  • Domestic Reserve Percentage means for any day that percentage (expressed as a decimal) which is in effect on such day, as prescribed by the Board of Governors of the Federal Reserve System (or any successor) for determining the maximum reserve requirement (including without limitation any basic, supplemental or emergency reserves) for a member bank of the Federal Reserve System in New York City with deposits exceeding five billion dollars in respect of new non-personal time deposits in dollars in New York City having a maturity comparable to the related Interest Period and in an amount of $100,000 or more. The Adjusted CD Rate shall be adjusted automatically on and as of the effective date of any change in the Domestic Reserve Percentage.

  • Interest Quotation Day means, in relation to any period for which Interest Rate is to be determined, 2 Quotation Business Days before the first day of the relevant Interest Period.