FEDERAL PAYMENTS definition

FEDERAL PAYMENTS. THE ONLY FEDERAL PAYMENTS THAT MAY BE DEPOSITED TO YOUR ACCOUNT VIA AN ACH CREDIT ARE FEDERAL PAYMENTS FOR THE BENEFIT OF THE ACCOUNTHOLDER. IF YOU HAVE QUESTIONS ABOUT THIS REQUIREMENT, PLEASE CALL CUSTOMER SERVICE. All deposits are posted to your designated Account conditionally, subject to our receipt of final payment. If final payment is not received on any Item you deposited to your Account, or if any Direct Deposit, ACH credit or EFT to your Account is reversed by the originating financial institution for any reason, you agree to pay us the amount of the reversed deposit, and you authorize us to debit any Account with us of which you are an owner, without prior notice and at any time, for the amount of the reversed deposit and any returned Item. You also authorize us to debit your Account for the amount of our returned Item fee, any interest paid on the deposit, and any other fee we pay or loss we incur. We may also use any other legal remedy to recover the amount you owe us. We are not responsible for any transactions until we actually receive and post the transaction to your Account. We are not liable for the default or negligence of our duly selected agents or correspondents, nor for losses in transit. We may, at our discretion, refuse to accept funds for deposit to your Account for any reason and we may, at our discretion, return such funds to the originator.
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FEDERAL PAYMENTS. The only federal payments that may be deposited to your Card via an ACH credit are federal payments for the benefit of the Cardholder. If you have questions about this requirement, please contact us at 0-000-000-0000. You may, through Online Banking or the Mobile App, be offered additional ways to load money from time to time, and any terms, fees or limits applicable to any of these methods will be disclosed to you at the time they are offered to you.
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Examples of FEDERAL PAYMENTS in a sentence

  • You agree to present your General-Use Card and meet identification requirements to complete load transactions as may be required from time to time.FEDERAL PAYMENTS (ONLY AVAILABLE ON GENERAL-USE CARDS): THE ONLY FEDERAL PAYMENTS THAT MAY BE LOADED TO YOUR GENERAL-USE CARD VIA AN ACH CREDIT ARE FEDERAL PAYMENTS FOR THE BENEFIT OF THE PRIMARY CARDHOLDER.

  • OIG, HIGH-PRICE DRUGS ARE INCREASING FEDERAL PAYMENTS FOR MEDICARE PART D CATASTROPHIC COVERAGE, supra note 24, at 10.

  • FEDERAL PAYMENTS: THE ONLY FEDERAL PAYMENTS THAT MAY BE DEPOSITED TO YOUR ACCOUNT VIA AN ACH CREDIT ARE FEDERAL PAYMENTS FOR THE BENEFIT OF THE ACCOUNTHOLDER.

  • The total expenditures of the consolidated government grew considerably during FY17 on the back of increased spending, both recurrent and development.

  • NO FEDERAL PAYMENTS FOR INDIVIDUALS NOT LAWFULLY PRESENT.—Nothing in this subtitle or the amendments made by this subtitle allows Federal payments, credits, or cost-sharing re- ductions for individuals who are not lawfully present in the United States.

  • FEDERAL PAYMENTS: THE ONLY FEDERAL PAYMENTS THAT MAY BE LOADED TO YOUR CARD ACCOUNT VIA AN ACH CREDIT ARE FEDERAL PAYMENTS FOR THE BENEFIT OF THE PRIMARY CARDHOLDER.

  • Therefore, note the following requirement regarding federal payments:THE ONLY FEDERAL PAYMENTS THAT MAY BE DEPOSITED TO YOUR ACCOUNT VIA DIRECT DEPOSIT ARE FEDERAL PAYMENTS MADE PAYABLE TO, OR FOR THE BENEFIT OF, THE ACCOUNTHOLDER.If you use Online Banking or Mobile App to deposit funds to your Account from an external bank account, then you authorize us to complete the transfer you have initiated.

  • IN 2009 the Electric Power Research Institute (EPRI) in California reviewed the seven major reports on EMF.

  • B-1B.2. FEDERAL PAYMENTS RECEIVED BY PUERTO RICO COMPARED WITH THE UNITED STATES B-9B.3. NAP PARTICIPANT POPULATION: DEMOGRAPHIC AND INCOME CHARACTERISTICS ............................

  • Sections 1.1107 through 1.1118 are redesignated as sections 1.1108 through 1.1119.


More Definitions of FEDERAL PAYMENTS

FEDERAL PAYMENTS means those funds received by the Airport System from the federal government or any agency of the federal government as payments for the use of any facilities or services of the Airport System.
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FEDERAL PAYMENTS means those funds received by the Issuer or the Wharves Board from the federal government or any agency thereof as payments for the use of any facilities or services of the Wharves’ Facilities.
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FEDERAL PAYMENTS means those funds received by the Port from the federal government or any agency thereof as payments for the use of any facilities or services of the Port.
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Related to FEDERAL PAYMENTS

  • Rental Payments means the rental payments paid by the occupant of a unit, excluding any supplemental rental assistance to the occupant from the State, the federal government, or any other public agency, but including any mandatory fees or charges imposed on the occupant by the Owner as a condition of occupancy of the unit.

  • Interest Subsidy Payments means payments, designated as such, consisting of interest subsidies by the Department in respect of the Trust Student Loans to the Eligible Lender Trustee on behalf of the Trust in accordance with the Higher Education Act.

  • Final payment rate means the aggregate sum of the two components (the blended base amount and capital costs) that, when added together, form the final dollar value used to calculate each provider’s reimbursement amount when multiplied by the DRG weight. These dollar values are displayed on the rate table listing.

  • Aggregate Payments as defined in Section 7.2.

  • Special Payment Means any payment (other than a Scheduled Payment) in respect of, or any proceeds of, any Equipment Note or the Collateral (as defined in any Indenture).

  • Total Payments means those payments so described in Section 6.2 hereof.

  • Principal Payments means all payments of principal made pursuant to the terms of the Note.

  • Loan Payments means the amounts required to be paid by the Company in repayment of the Loan pursuant to Section 4.1 hereof.

  • Overdue Payment shall have the meaning specified in Section 4.03(a).

  • Supplemental Payment means any payments or transfers of things of value made to the District or to any person or persons in any form if such payment or transfer of thing of value being provided is in recognition of, anticipation of, or consideration for the Agreement and that is not authorized pursuant to Sections 313.027(f)(1) or (2) of the TEXAS TAX CODE, and specifically includes any payments required pursuant to Article VI of this Agreement.

  • Additional Payments means the amounts required to be paid by the Company pursuant to the provisions of Section 4.2 hereof.

  • Assumed Interest Rate means the annual yield payable on the last day of the applicable Calculation Period on ten (10) year United States Treasury obligations in amounts approximating the outstanding principal balance of the Loan on the last day of the Calculation Period plus two hundred fifty (250) basis points per annum; provided, however, that the Assumed Interest Rate shall be not less than six percent (6.0%) per annum.

  • Actual Payment means, with respect to a Receivable and a Collection Period, all payments received by the Servicer from or for the account of the related Obligor on such Receivable during such Collection Period, net of any Supplemental Servicing Fees attributable to such Receivable.

  • Installment Payments shall have the meaning set forth in Section 5(b)(ii).

  • Delayed Payment Interest Rate means the national average annual rate of interest payable on jumbo six-month bank certificates of deposit, as quoted in the business section of the most recently published Sunday edition of The New York Times preceding the Executive’s separation from service.

  • Overdue Scheduled Payment means any Scheduled Payment which is not in fact received by the Subordination Agent within five days after the Scheduled Payment Date relating thereto.

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

  • Final Payment is a payment (in addition to and not a substitution for the regular monthly payments of principal plus accrued interest) due on the earliest to occur of (a) the Maturity Date, or (b) the acceleration of any Term Loan, or (c) the prepayment of a Term Loan pursuant to Section 2.2(c) or (d), equal to the original principal amount of such Term Loan multiplied by the Final Payment Percentage, payable to Lenders in accordance with their respective Pro Rata Shares.

  • Annual Payment The total amount payable to the Settlement Fund Administrator by the Settling Distributors on the Payment Date each year, as calculated by the Settlement Fund Administrator pursuant to Section IV.B.1.e. For the avoidance of doubt, this term does not include the Additional Restitution Amount or amounts paid pursuant to Section X.

  • Capped Interest Rate is defined in the Note, if applicable.

  • Delay Payments means the amounts payable by the Supplier to the Customer in respect of a delay in respect of a Milestone as specified in the Implementation Plan;

  • Initial Payment means the dollar amount specified as the “Initial Payment” in the applicable Purchase Agreement.

  • Payments has the meaning set forth in Section 8.11.

  • Late Payment Rate As defined in the Insurance Agreement.

  • Interest Remittance Amount With respect to any Mortgage Pool and Distribution Date, (a) the sum of (1) all interest collected (other than in connection with Payaheads and Prepayment Premiums) or advanced in respect of Scheduled Payments in such Mortgage Pool during the related Collection Period by the Servicers, the Master Servicer, or the Trustee (solely acting in its capacity as successor Master Servicer), minus (x) the Servicing Fee with respect to the Mortgage Loans and (y) previously unreimbursed Advances and other amounts due to the Servicers, the Master Servicer or the Trustee (solely acting in its capacity as successor Master Servicer) to the extent allocable to interest and the allocable portion of previously unreimbursed Servicing Advances with respect to the Mortgage Loans, (2) any Compensating Interest Payments with respect to the Mortgage Loans in such Mortgage Pool with respect to the related Prepayment Period (or in the case of Mortgage Loans serviced by Aurora, the relevant Collection Period), (3) the portion of any Purchase Price, as applicable, or Substitution Amount paid with respect the Mortgage Loans in such Mortgage Pool during the related Prepayment Period (or in the case of Mortgage Loans serviced by Aurora, the relevant Collection Period) allocable to interest, and (4) all Net Liquidation Proceeds, Insurance Proceeds and any other recoveries collected with respect to the Mortgage Loans during the related Prepayment Period (or in the case of Mortgage Loans serviced by Aurora, the relevant Collection Period), to the extent allocable to interest, as reduced by (b) other costs, expenses or liabilities reimbursable to the Trustee, the Master Servicer or each Servicer to the extent provided in this Agreement and each Servicing Agreement, and the Custodian pursuant to the Custodial Agreement; provided, however, that in the case of the Trustee, such reimbursable amounts may not exceed $500,000 during any Anniversary Year up to and including the Anniversary Year in which the Stepdown Date occurs and $200,000 during any Anniversary Year thereafter (the “Applicable Maximum Reimbursement Amount”). In the event that the Trustee incurs reimbursable amounts in excess of the Applicable Maximum Reimbursement Amount in any Anniversary Year, it may obtain reimbursement for such amounts in subsequent Anniversary Years, but in no event shall more than the Applicable Maximum Reimbursement Amount in aggregate be reimbursed to the Trustee per Anniversary Year. Notwithstanding the foregoing, costs and expenses incurred by the Trustee pursuant to Section 6.14(a) in connection with any transfer of servicing shall be excluded in determining the Applicable Maximum Reimbursement Amount limitation on reimbursable amounts per Anniversary Year. For the avoidance of doubt, (i) the Interest Remittance Amount available on each Swap Payment Date for distributions to the Supplemental Interest Trust Account shall be equal to the Interest Remittance Amount on the related Distribution Date and (ii) the Interest Remittance Amount for each Distribution Date shall be calculated without regard to any distributions to the Supplemental Interest Trust Account on the related Swap Payment Date.