CIBC Payment definition

CIBC Payment. - means the payment of $150.0 million made to CIBC by Aimia on December 27, 2013 in relation to the sale of approximately half of the Aeroplan card portfolio to TD in accordance with the asset purchase agreement as described under the NEW FINANCIAL CARD AGREEMENTS section;
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Examples of CIBC Payment in a sentence

  • Includes the unfavourable impact attributable to the CIBC Payment and the Card Migration Provision totaling $146.9 million, net of an income tax recovery of $53.1 million.

  • The Free Cash Flow for the three month period ended December 31, 2013 includes the CIBC Payment of $150.0 million made upon the closing of the asset purchase agreement and the related harmonized sales tax of $22.5 million.

  • The harmonized sales tax of $22.5 million related to the CIBC Payment made on December 27, 2013 was collected during the first quarter of 2014.

  • After the thrusters are finished, the team will program dropper, grabber and torpedo launcher concurrently by distributing each component to one or two team members so that we can finish software control on the mechanical systems efficiently.

  • If You have misstated Your age and Your true age would have rendered You ineligible for CIBC Payment Protector Insurance for Credit Cards, Canadian Premier’s liability will be limited to a refund of premiums paid and Your insurance will be void as if it never existed.

  • Includes the CIBC Payment of $150.0 million made on December 27, 2013 upon the closing of the asset purchase agreement and the related harmonized sales tax of $22.5 million.

  • Adjusted EBITDA and Adjusted Net Earnings include the unfavourable impact of the CIBC Payment of $150.0 million and the Card Migration Provision of $50.0 million.

  • Settlement Currency: United States Dollars ("U.S.$") Trade Date: July 29, 1996 Effective Date: July 29, 1996 Termination Date: July 29, 2003, subject to adjustment in accordance with the Modified Following Business Day Convention Valuation Amount: U.S.$105,314,250.00 CIBC Payments: CIBC Payment Date: Termination Date.

  • Further, the Committee requested and CIBC agreed, pursuant to the CIBC Conditional Payment Stipulation, to make the CIBC Payment and reallocate and gift these funds from CIBC’s collateral and solely for the benefit of holders of Allowed General Unsecured Claims and to extend the Committee’s (a) Challenge Deadline, (b) time to file a responsive pleading to the Complaint, and (c) time to supplement the Committee’s Motion to Vacate the Interim DIP Financing Order (collectively, the “Deadlines”).

  • Plan A - CIBC Payment Protector™ Insurance for Credit Cards - GC569(Monthly premium of $0.99 per $100 of the amount owing on the insured credit card as of itsstatement date)You are under age 70.You have life, accidental death, critical illness, disability, involuntary unemployment andinvoluntary loss of self-employment coverage.

Related to CIBC Payment

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

  • Cash Payment has the meaning set forth in Section 2.03(b)(iii) below.

  • Down payment means all partial payments, whether made in cash or otherwise, received by or for the benefit of the seller before or substantially contemporaneous with either the execution of the installment sale contract or the delivery of the motor vehicle sold under that contract, whichever occurs later.

  • PAGA Payment means the penalties pursuant to PAGA that the Parties have agreed is a

  • Co-payment means a relatively small amount of money paid by the insured person towards the cost of each day in a private hospital per episode of care, with Latrobe paying the rest of the cost.

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

  • Prepayment Consideration shall have the meaning set forth in Section 2.3.1.

  • Loan Payment means any amount payable by the Loan Parties to the Bank pursuant to the Legal Agreements or these General Conditions, including (but not limited to) any amount of the Withdrawn Loan Balance, interest, the Front-end Fee, interest at the Default Interest Rate (if any), any prepayment premium, any transaction fee for a Conversion or early termination of a Conversion, any premium payable upon the establishment of an Interest Rate Cap or Interest Rate Collar, and any Unwinding Amount payable by the Borrower.”

  • Closing Payment has the meaning set forth in Section 2.2(a).

  • Additional Amount Payment means a payment to a Holder of MuniFund Term Preferred Shares of an amount which, when taken together with the aggregate amount of Taxable Allocations made to such Holder to which such Additional Amount Payment relates, would cause such Holder’s dividends in dollars (after federal income tax consequences) from the aggregate of such Taxable Allocations and the related Additional Amount Payment to be equal to the dollar amount of the dividends that would have been received by such Holder if the amount of such aggregate Taxable Allocations would have been excludable (for federal income tax purposes) from the gross income of such Holder. Such Additional Amount Payment shall be calculated (i) without A-1 consideration being given to the time value of money; (ii) assuming that no Holder of MuniFund Term Preferred Shares is subject to the federal alternative minimum tax with respect to dividends received from the Fund; and (iii) assuming that each Taxable Allocation and each Additional Amount Payment (except to the extent such Additional Amount Payment is designated as an exempt-interest dividend under Section 852(b)(5) of the Code) would be taxable in the hands of each Holder of MuniFund Term Preferred Shares at the maximum marginal regular federal individual income tax rate applicable to ordinary income or net capital gains, as applicable, or the maximum marginal regular federal corporate income tax rate applicable to ordinary income or net capital gains, as applicable, whichever is greater, in effect at the time such Additional Amount Payment is paid.

  • Prepayment Fee is, with respect to any Term Loan subject to prepayment prior to the Maturity Date, whether by mandatory or voluntary prepayment, acceleration or otherwise, an additional fee payable to the Lenders in amount equal to:

  • Loan Fee shall have the meaning assigned in Section 5.1.

  • Cash Advance Fee means a cash advance fee or similar fee that is charged to an Account under the related Credit Card Agreement.

  • 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.

  • Escrow Payment Any payment received by the Master Servicer or the Special Servicer for the account of any Mortgagor for application toward the payment of real estate taxes, assessments, insurance premiums, ground lease rents and similar items in respect of the related Mortgaged Property, including amounts for deposit to any reserve account.