Plan of payment definition

Plan of payment means the method by which the offender is to make restitution. The plan may include legal financial obligations. The plan is to reflect the offender’s present circumstances, such as income, physical and mental health, education, employment and family circumstances.
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Plan of payment means the Plan of Payment and Distribution of the Settlement Fund described in Paragraphs 30-36 of the Terms of the Settlement below.
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Plan of payment. The Principal Partner X.X. XXXXX to the Joint Venture Agreement will pay $20,000 at the signing of this agreement. The Principal Partner will sign a promissory note for $430,000 which is the balance owed after the deposit. The note will be debt serviced during the first eighteen months from the earnings in the amount of 80% of the profit after expenses until the note is completely paid.
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Examples of Plan of payment in a sentence

  • Plan of payment options for regular benefits to be comparable to other teacher retirement systems.

  • A new section to chapter 14-08.1 of the North Dakota Century Code is17 created and enacted as follows:18 Past due support - Plan of payment - Work activities.19 1.

  • The Plan provides for the continuation after the consummation of the Plan of payment of all retiree benefits, if any, at the level established under section 1114(e)(1)(B) or (g) of the Bankruptcy Code at any time prior to confirmation of the Plan, for the duration of the period any of the Filing Entities has obligated itself to provide such benefits.

  • The Plan provides for the continuation after the consummation of the Plan of payment of all retiree benefits at the level established under section1114(e)(1)(B) or (g) of the Bankruptcy Code at any time prior to confirmation of the Plan, for the duration of the period the Debtor has obligated itself to provide such benefits.

  • A new section to chapter 14-08.1 of the North Dakota Century Code is16 created and enacted as follows:17 Past due support - Plan of payment - Work activities.18 1.

  • Effective: 1/30/2017 Five Year Review (FYR) Dates: 11/15/2016 and 01/20/2022 Promulgated Under: 111.15 Statutory Authority: 742.10 Rule Amplifies: 742.3711 Prior Effective Dates: 10/23/06(Emer), 01/07/2007 742-3-28 Plan of payment selection for DROP participants.

Related to Plan of payment

  • Disbursement Letter means an instructional letter executed and delivered by Administrative Borrower to Agent regarding the extensions of credit to be made on the Closing Date, the form and substance of which is satisfactory to Agent.

  • Reaffirmation Agreement means the Reaffirmation Agreement dated as of the Closing Date by the Borrower and the Guarantors to the Administrative Agent for the benefit of the Secured Parties.

  • Auto-Reinstatement Letter of Credit has the meaning specified in Section 2.03(b)(iv).

  • Reinvestment Agreement means a guaranteed reinvestment agreement from a bank, insurance company or other corporation or entity, in each case, at the date of such acquisition having a credit rating of at least A-1 from S&P and at least P-1 from Moody’s; provided that such agreement provides that it is terminable by the purchaser, without penalty, if the rating assigned to such agreement by either S&P or Xxxxx’x is at any time lower than such ratings.

  • Foundation Agreement means the agreement dated the 20th February 1985 made between the Trustee, the Manager, Xxxxxxxx, Genting WA and Tileska providing for the subscription of Units and Options;

  • Stock Option Agreement means the agreement between the Company and an Optionee that contains the terms, conditions and restrictions pertaining to the Optionee’s Option.