Payment Deduction definition

Payment Deduction means a deduction, if any, attributable to (x) a payment to a Change Shareholder pursuant to this Agreement (or any loss carryover (or portion thereof) attributable to any such deductions) or (y) Imputed Interest.
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Examples of Payment Deduction in a sentence

  • Medical expenses reimbursed by insurance or government programs are not deductible.• Child Support Payment Deduction.

  • Three States have implemented medical deduction demonstration programs that use standard deduction amounts for households with medical expenses below a specified limit.5 Medical expenses reimbursed by insurance or government programs are not deductible in any State.• Child Support Payment Deduction.

  • For minor deficiencies: An additional amount equal to the percentage incomplete times the value for each item from the Payment Deduction Schedule will also be deducted from payments to the Contractor.

  • From your nominated bank account on the 15th of the monthPlease complete a MESC Payment Deduction Form and return to the general office.

  • An additional amount equal to the percentage incomplete times the value for each item from the Payment Deduction Schedule will also be deducted and forfeited from payments to the CONTRACTOR.

  • By the end of FY 2012, 12 States had implemented medical deduction demonstration programs that use standard deduction amounts for households with medical expenses exceeding $35 but below a specified limit.7 Medical expenses reimbursed by insurance or government programs are not deductible in any State.• Child Support Payment Deduction.

  • These activities, partial payments, and time limits are shown on the Payment Deduction Schedule.

  • Monthly Performance Report means the monthly report required to be delivered by Developer to the Authority for a given month in respect of the Monthly Payment Deduction calculation for the previous month, all as further described in Exhibit 14 (Monthly Performance Report).

  • These activities, partial payments and item limits are shown on the Payment Deduction Schedule.

  • If work was not completed and no notification was given, the Contractor shall be charged per Payment Deduction Schedule 31.3.DEFICIENT PERFORMANCE/NOTIFICATION SECTION 4343.1 DEFICIENT PERFORMANCE: 1.1 The Contractor shall be notified both verbally and in writing, each time its performance is unsatisfactory and corrective action is necessary.

Related to Payment Deduction

  • Payment Due Date means the date by which the Date of Payment must occur, in accordance with the provisions of Sections 504.3 through 504.5 of this Exhibit, in order for NYSERDA not to be liable for interest pursuant to Section 504.6.

  • Distribution Payment Date has the meaning set forth in paragraph 2(b) of Annex I.

  • Payment Amount has the meaning specified in Section 6.1.

  • Payment Determination Date means, with respect to any Payment Date, one (1) Business Day immediately preceding such Payment Date.

  • PRE-PAYMENT The Tenant shall: (check one) ☐ - Pre-Pay Rent in the amount of $ for the term starting on and ending on . The Pre-Payment of Rent shall be due upon the execution of this Agreement. ☐ - Not be required to Pre-Pay Rent.

  • Adjustment Payment shall have the meaning specified in Section 3.09(a).

  • Monthly Payment Amount means, with respect to each Payment Date, a payment equal to the amount of interest which has accrued during the related Interest Accrual Period, computed at the Interest Rate.

  • Payment Day means a day (other than a Saturday or Sunday) on which commercial banks and foreign exchange markets are open for business (including dealings in foreign exchange and foreign exchange currency deposits) in the principal financial centre for the Settlement Currency or if the Settlement Currency is euro, any day on which the Trans-European Automated Real-time Gross settlement Express Transfer (TARGET) System is open;

  • True-Up Amount means the difference between the ABO calculated by using the member’s actual creditable service and the actual final average compensation as of the member’s effective date in the FRS Investment Plan and the ABO initially transferred.

  • Distribution Fee means a percentage of MRP of each of the Subscribed Channels payable by SDSPL to the Licensee towards fee for distribution of each of the Subscribed Channels as more specifically specified in Annexure B and Annexure B-1 of this Agreement.

  • Make-Whole Payment means, with respect to any Series 2019-2 Note on any Optional Repurchase Distribution Date, the pro rata share with respect to such Series 2019-2 Note of the excess, if any, of (x) the sum of the Discounted Values for each Remaining Distribution Amount with respect to each Applicable Distribution Date over (y) the Series 2019-2 Invested Amount as of such Optional Repurchase Distribution Date (determined after giving effect to any payments made pursuant to Section 2.5(a) on such Distribution Date).

  • Event Payments has the meaning set forth in Section 6.1(d).

  • Transfer Payment Received As defined in Section 4.03.

  • 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.

  • Installment Payment Date means the date on which an installment payment of an assessment is payable.

  • Deferred Sales Charge Payment Date means June 10, 2015 and the tenth day of each month thereafter through October 10, 2015.

  • Minimum Monthly Payment for any Mortgage Loan and any month means the minimum amount required to be paid by the related mortgagor in that month.

  • Payment Adjustment Date With respect to each ARM Loan, the date on which the Borrower's Monthly Payment changes in accordance with the terms of the related Mortgage Note.

  • Contract Adjustment Payments means amounts payable by the Company on each Contract Adjustment Payment Date in respect of each Purchase Contract, at a rate per year of 2.725% on the Stated Amount per Purchase Contract.

  • Payment month means, for all programs except EA, the calendar month for which benefits are issued.

  • CVR Payment Amount has the meaning set forth in Section 2.4(a).

  • Installment Payment has the meaning ascribed to it in Section 2.02(a).

  • Contingent Payment has the meaning set forth in Section 4.2 (Contingent Payments).

  • 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.