Deduction Date definition

Deduction Date. It refers to the date on which the Bank pays the payment to the acquiring banks or contracted merchants on behalf of the cardholder or assumes the advancement obligation for the cardholder, and pays the amount from the demand deposit account designated by the cardholder.
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Deduction Date means, in respect of the assets mentioned in the First Schedule, the date or dates on which Zakat is to be deducted at source and which is or are specified in the fifth column of that Schedule;
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Deduction Date means each of the seven (7) semi-monthly payment dates from February 1 through May 1 provided for under paragraph 3 of the Uniform Player Contract.
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Examples of Deduction Date in a sentence

  • Therefore, the Deduction Date under Plaintiff’s Policy is the 7th of each month.

  • Interest Determination Date(s): In respect of each Coupon Deduction Datet (with t=1 to 9), the 10th Business Day immediately following the Coupon Deduction Date.

  • Deduction Date – The date we deduct Portfolio Fund Charges from the Transaction Account held with us.

  • Delivery by PC Print on the agreed date depends on timely receipt by PC Print of all documents from the Buyer, as well as compliance by the Buyer with the agreed payment terms and other obligations.

  • We will deduct the charge from the Transaction Account held with us on the Deduction Date and, if applicable, on the Final Valuation Date or Final Plan Valuation Date.

  • The term is widely associated with the former federal Home Owners’ Loan Corporation (HOLC), which employed color-coded maps 9 to designate its perception of the relative risk of lending in a range of neighborhoods, with ‘‘hazardous’’ (the highest risk) areas coded in red.

  • Signature of Employee Authorizing COPE Deduction Date Dues paid to ASCA may not be deductible for Federal Income Tax purposes; however, under limited circumstances, dues may qualify as a business expense.

  • If your contribution is not from an OCBC Bank Account, the Deduction Date will be one Business Day prior to the Contribution Date.

  • Meet with bookkeeper to verify Deduction Date, Plan Application Effective Dates and billing dates.

  • You, your Fund Adviser or the Discretionary Asset Manager have 30 days from the date of the Quarterly Valuation to provide us with new investment instructions in order to clear the debit balance at the next Deduction Date.


More Definitions of Deduction Date

Deduction Date means, in relation to any Base Period, any Business Day in that Base Period upon which part of an Eligible Employee's Emoluments are paid to him;
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Deduction Date means the date on which Partnership Share Money is deducted from an Eligible Employee’s Salary Payment;
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Deduction Date means the date established by the Committee that payroll deductions are made or direct payments are made to the Program.
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Related to Deduction Date

  • Allocation Date means, with respect to any Transfer Date, the Business Day which is immediately prior to such Transfer Date.

  • Tax Payment Date means, with respect to any applicable Taxes, the date occurring 30 days prior to the date the same are due and payable.

  • Distribution Determination Date means, in respect of any Distribution Period, that number of business days prior thereto as is set out in the applicable Pricing Supplement or on the face of the relevant Perpetual Security;

  • Benefit Distribution Date means the date upon which all or an objectively determinable portion of a Participant’s vested benefits will become eligible for distribution. Except as otherwise provided in the Plan, a Participant’s Benefit Distribution Date shall be determined based on the earliest to occur of an event or scheduled date set forth in Articles 4 through 9, as applicable.

  • Election Date has the meaning specified in Section 3.12(h).

  • Periodic Distribution Date means the first Business Day that is as soon as reasonably practicable occurring approximately ninety (90) days after the immediately preceding Periodic Distribution Date.

  • Profit Distribution Date means the date on which the Management Company decides to distribute the profits (if any).

  • Quarterly Payment Date means the last Business Day of each March, June, September and December.

  • Collection Date The date following the Termination Date on which the Aggregate Unpaids have been reduced to zero and indefeasibly paid in full.