We use cookies on our site to analyze traffic, enhance your experience, and provide you with tailored content.

For more information visit our privacy policy.

Instalment Plans Sample Clauses

Instalment Plans. An instalment plan allows you to pay for a new purchase or all or part of your balance by paying a certain number of fixed monthly instalment payments. You may be able to set up an instalment plan when you make a purchase online using your card or by going to online account manager. We will let you know if you can do this. We will let you know what the monthly instalment payment is before we set up the plan. We will work this out by taking the purchase or balance that you are considering putting into the plan, calculating the interest that will be due and then working out how much you will need to pay each month over the period you have chosen. The monthly instalment payment for each of the instalment plans you have set up will then be shown in your statement. The number or amount of a monthly instalment payment may be reduced or increased to reflect refunds and overpayments or late payments. You cannot change an instalment plan once we have set it up. You may cancel an instalment plan by contacting us. If you cancel an instalment plan, the balance will become part of your standard purchase balance. See How much do you have to pay each month? and What interest rates and fees do you have to pay? for more information about instalment plans. How do you authorise transactions? When you make (or any additional cardholder makes) a transaction you must authorise it before we can add it to your account. No-one else may use your card. Ways you can use your account How do you authorise transactions? Paying for goods and services at a supplier when you are present e.g. in a shop The supplier will tell you what steps are needed to authorise payment. This could be by signing, by using the PIN we give you to use with your card, biometric data (such as fingerprint) or other security details we may tell you about. You may be able to use your card contactlessly by presenting your card to the contactless reader. You may be asked for other security details after you have made a certain number of contactless transactions. Paying for goods and services at a supplier when you are not present e.g. online Using your card number and/or other information requested by or on behalf of the person you are paying, for example a security number, passcode or password. Making regular, for example monthly, payments to a supplier. This could be for gym membership or TV packages or insurance Provide your card details to the supplier. It is important to remember that if you want to cancel the ...
Sample 1Sample 2Sample 3See All (6)
Instalment Plans. We may allow you to convert an eligible Charge into an Instalment Plan, on agreed terms. If a Charge is eligible for an Instalment Plan, the applicable terms, including interest rate, any fees and the repayment period will be presented to you at the time you convert the Charge into an Instalment Plan. If you agree to the terms, the Charge will be converted into an Instalment Plan. The monthly Statement for your Card will show the amount of the Charge as a Purchase, and it will also show a credit in the same amount as the Charge, as the credit represents the amount that has been converted to an Instalment Plan. Your available Credit Limit will be reduced by the amount of the Charge that has been converted to an Instalment Plan but, as you make your Instalment Plan payments, your available Credit Limit will increase, in each case, by the corresponding payment amount. Your Instalment Plan payments will not form part of the New Balance or your Minimum Payment but it is important to pay both your Minimum Payment and your Instalment Plan payments to keep your Card Account in good standing. We may cancel any Instalment Plan in certain circumstances, and you may cancel your Instalment Plan, all of which is detailed in the terms associated with the Instalment Plan that you agree to at the time of conversion.
Sample 1Sample 2Sample 3See All (6)
Instalment Plans. 7.1 We may from time to time offer you an Instalment Plan. If we tell you that a balance or transaction is eligible to move to an Instalment Plan, there will be a limited period in which you can create the Instalment Plan. 7.2 When you create an Instalment Plan, we will move the relevant amount from your main balance to the Instalment Plan. If a Fee is applicable, this will be added to your Instalment Plan. We will calculate your monthly Instalment Plan payments based on the length of the Instalment Plan you have chosen. 7.3 If your entire Balance Outstanding is subject to one or more Instalment Plans and you pay more than the total monthly Instalment Plan payment(s) due, we will apply the extra amount to pay off Instalment Plan balances charged at higher rates of interest before those at lower rates. If any Instalment Plans are charged at the same rate, we will use your payment to pay off the Instalment Plan with the earliest start date first. This will reduce the length of time the relevant Instalment Plan is in place and may reduce the final Instalment Plan payment amount. If we apply credit towards your Instalment Plan(s), you will still need to make your next month’s Instalment Plan payment on time and in full if you want to avoid risk of incurring a Late Payment Fee and your Instalment Plan(s) being cancelled (see section 7.4 below). 7.4 You have the right to cancel an Instalment Plan at any time. If you cancel an Instalment Plan, or if your monthly payment is not sufficient to pay one or more Instalment Plan payments in two consecutive Monthly Statement Periods, the balance that was previously subject to the relevant Instalment Plan will move back to your standard balance. This means that interest will be charged on the balance at the standard rate, and from your next statement your Minimum Repayment will be calculated in the normal way. 7.5 If you breach your Agreement with us, we will cancel any Instalment Plan(s) on your Account and section 7.4 will apply.
Sample 1Sample 2
Instalment Plans. The School may agree that the fees that are or will fall due in relation to any term can be paid in instalments. If we agree to do this, then the School and those responsible for paying those fees will agree separately in writing the anticipated schedule of instalments by which the deferred amount of each term's invoice is to be paid. The agreed amount for each term will need to be paid by formal direct debit in not more than four (4) instalments (unless otherwise agreed in writing by the School) within a period that does not exceed twelve (12) months (beginning with the date of the relevant invoice). More details of how to join the direct debit scheme are available on the website of by contacting the fees’ secretary.
Sample 1Sample 2
Instalment Plans. An Eligible Cardholder may enroll an Eligible Purchase in an Instalment Plan under certain conditions. Enrolling an Eligible Purchase in an Instalment Plan does not change the Credit Limit on the Card and rewards (such as points or cash back rewards, as applicable) earned on the Eligible Purchase will not be lost. Participation to an Instalment Plan is voluntary.
Sample 1
Instalment Plans. An instalment plan allows you to pay for a new purchase or all or part of your balance by paying a certain number of fixed monthly instalment payments. You may be able to set up an instalment plan when you make a purchase online using your card or by going to online account manager. We will let you know if you can do this. We will let you know what the monthly instalment payment is before we set up the plan. We will work this out by taking the purchase or balance that you are considering putting into the plan, calculating the interest that will be due and then working out how much you will need to pay each month over the period you have chosen. The monthly instalment payment for each of the instalment plans you have set up will then be shown in your statement. The number or amount of a monthly instalment payment may be reduced or increased to reflect refunds and overpayments or late payments. You cannot change an instalment plan once we have set it up. You may cancel an instalment plan by contacting us. If you cancel an instalment plan, the balance will become part of your standard purchase balance. See How much do you have to pay each month? and What interest rates and fees do you have to pay? for more information about instalment plans.
Sample 1
Instalment Plans. Instalment Plans allow you to offer your customer the ability to make a purchase from you and pay you for that purchase in 4 or fewer instalments within twelve months of the purchase date. As a condition of your use of Instalment Plans, you must comply with all of the following requirements: i. You must obtain your customer’s prior express consent to charge in instalments for a purchase. ii. You may not charge in more than four instalments per purchase. iii. You shall ensure that the period of an Instalment Plan expires no later than 12 months from the date of the purchase that gave rise to it. iv. You may not charge your customer for the first payment of the Instalment Plan until you have shipped to your customer the goods that are the subject of the purchase. v. The total sum payable under an Instalment Plan may not exceed the total price of the purchase that gives rise to the Instalment Plan (being the price of the goods plus any tax and shipping fees as applicable). vi. You may not apply any finance charges (including, without limitation, interest) in connection with the purchase.
Sample 1

Related to Instalment Plans

  • Payment Plans Employees covered by the Samaritan Choice medical insurance plan who have outstanding balances that are payable to Samaritan Health Services for in network, covered, and authorized (if medically necessary) services will be provided payment plan offerings upon request from the employee. The request will be made to Patient Financial Services, and may be directed through the Hospital Patient Financial Counselor. Patient Financial Services will work with employees to identify the appropriate payment arrangement based on the employee financial needs/eligibility. Within 120 days from first patient statement, employees must contact Patient Financial Services and identify themselves as a SHS SEIU member and ask for a payment plan arrangement that does not exceed six percent (6%) of their household income. Such requests will be granted using the existing SHS payment options and funding programs. To be eligible for a payment plan, employees must comply with all requirements for establishing appropriate payment options/eligibility, including the completion of a financial assistance application with supporting documentation. Employees who comply with all terms of the payment plan(s) will not be subject to collections or wage garnishment.

  • Payment Plan Despite the payment terms in Annexure B, We may, but are not obliged to, enter into a specific payment plan with You if You can demonstrate a financial need. However, any payment plans: (a) will require all Accommodation Fee payments to be made in advance; and (b) must be agreed by Us and You prior to the Commencement Date.

  • Retirement Plans (a) In connection with the individual retirement accounts, simplified employee pension plans, rollover individual retirement plans, educational IRAs and XXXX individual retirement accounts (“XXX Plans”), 403(b) Plans and money purchase and profit sharing plans (“Qualified Plans”) (collectively, the “Retirement Plans”) within the meaning of Section 408 of the Internal Revenue Code of 1986, as amended (the “Code”) sponsored by a Fund for which contributions of the Fund’s shareholders (the “Participants”) are invested solely in Shares of the Fund, Transfer Agent shall provide the following administrative services: (i) Establish a record of types and reasons for distributions (i.e., attainment of eligible withdrawal age, disability, death, return of excess contributions, etc.); (ii) Record method of distribution requested and/or made; (iii) Receive and process designation of beneficiary forms requests; (iv) Examine and process requests for direct transfers between custodians/trustees, transfer and pay over to the successor assets in the account and records pertaining thereto as requested; (v) Prepare any annual reports or returns required to be prepared and/or filed by a custodian of a Retirement Plan, including, but not limited to, an annual fair market value report, Forms 1099R and 5498; and file same with the IRS and provide same to Participant/Beneficiary, as applicable; and (vi) Perform applicable federal withholding and send Participants/Beneficiaries an annual TEFRA notice regarding required federal tax withholding. (b) Transfer Agent shall arrange for PFPC Trust Company to serve as custodian for the Retirement Plans sponsored by a Fund. (c) With respect to the Retirement Plans, Transfer Agent shall provide each Fund with the associated Retirement Plan documents for use by the Fund and Transfer Agent shall be responsible for the maintenance of such documents in compliance with all applicable provisions of the Code and the regulations promulgated thereunder.

  • Flexible Spending Account The parties agree that the State shall have the right to use State Employee Health Plan funds to cover the administrative costs of operating the medical and dependent care flexible spending account programs.

  • OPTIONAL TWELVE-MONTH PAY PLAN 1. Where the Previous Collective Agreement does not contain a provision that allows an employee the option of receiving partial payment of annual salary in July and August, the following shall become and remain part of the Collective Agreement. 2. A continuing employee, or an employee hired to a temporary contract of employment no later than September 30 that extends to June 30, may elect to participate in an Optional Twelve-Month Pay Plan (the Plan) administered by the employer. 3. An employee electing to participate in the Plan in the subsequent year must inform the employer, in writing, on or before June 15. An employee hired after that date must inform the employer of their intention to participate in the Plan by September 30th. It is understood, that an employee appointed after June 15 in the previous school year and up to September 30 of the subsequent school year, who elects to participate in the Plan, will have deductions from net monthly pay, in the same amount as other employees enrolled in the Plan, pursuant to Article B.8.5. 4. An employee electing to withdraw from the Plan must inform the employer, in writing, on or before June 15 of the preceding year. 5. Employees electing to participate in the Plan shall receive their annual salary over 10 (ten) months; September to June. The employer shall deduct, from the net monthly pay, in each twice-monthly pay period, an amount agreed to by the local and the employer. This amount will be paid into the Plan by the employer. 6. Interest to March 31 is calculated on the Plan and added to the individual employee’s accumulation in the Plan. 7. An employee’s accumulation in the Plan including their interest accumulation to March 31st shall be paid in equal installments on July 15 and August 15. 8. Interest earned by the Plan in the months of April through August shall be retained by the employer. 9. The employer shall inform employees of the Plan at the time of hire. 10. Nothing in this Article shall be taken to mean that an employee has any obligation to perform work beyond the regular school year.

  • Flexible Spending Accounts Employees in the unit shall have access to the County’s flexible spending account program, which provides employees with the options of dependent care assistance benefits with a calendar year maximum of $5,000, and medical expense reimbursement benefits with a calendar year maximum of $2,400. The County shall maintain this plan in compliance with IRC §125. Employee premiums for flexible spending account benefits shall be deducted on a pre-tax basis from employee pay.

  • Supplemental Retirement Plan During the Contract Period, if the Executive was entitled to benefits under any supplemental retirement plan prior to the Change in Control, the Executive shall be entitled to continued benefits under such plan after the Change in Control and such plan may not be modified to reduce or eliminate such benefits during the Contract Period.

  • 401(k) Plan Executive shall be entitled to participate in the Company’s 401K plan in accordance with its terms and conditions.

  • Retirement Plan The 2.7% at 55 retirement plan will be available to eligible bargaining unit members covered by this Section 6.1.

  • Savings Plans (A) ASSUMPTION OF SPINCO SAVINGS PLANS AND RELATED LIABILITIES Effective no later than the Close of the Distribution Date, Spinco or a member of the Spinco Group shall take all action necessary to assume and become the plan sponsor of the Spinco Savings Plans and shall be responsible for all Liabilities relating to the Spinco Savings Plans. The Spinco Savings Plans shall recognize and maintain all contribution and investment elections made by Transferred Individuals under the Spinco Savings Plans as such elections were last in effect during the period immediately prior to the Distribution Date and shall apply such elections under the Spinco Savings Plans for the remainder of the period or periods for which such elections are by their terms applicable (subject in all cases to applicable election change rights of the Transferred Individuals). (B) TRANSFER OF LIABILITIES UNDER NSI CORPORATE 401(K) PLAN Effective no later than the Close of the Distribution Date: (i) all Liabilities to or relating to Retained Corporate Employees under the National Service Industries Retirement and 401(k) Plan ("Corporate 401(k) Plan") shall cease to be Liabilities of the Corporate 401(k) Plan and shall be assumed in full and in all respects by one or more NSI Savings Plans; (ii) the appropriate NSI Savings Plan(s) shall assume and be solely responsible for all ongoing rights of or relating to these Retained Corporate Employees for future participation (including the right to make contributions through payroll deductions in the NSI Savings Plan(s); and (iii) the accounts of the Retained Corporate Employees under the Corporate 401(k) Plan which are held by its related trust shall be transferred to the account(s) of the appropriate NSI Savings Plan under the NSI Master Savings Trust. (C) SAVINGS PLAN TRUST Effective no later than the Close of the Distribution Date, Spinco shall establish, or cause to be established, the Spinco Master Savings Trust which shall be qualified under Code ss. 401(a), be exempt from taxation under Code ss. 501(a)(1), and form part of the Spinco Savings Plans. Spinco shall, prior to the end of the remedial amendment period for the Spinco Savings Plans, apply for determination letters from the Internal Revenue Service that shall provide that the Spinco Savings Plans and the Spinco Master Savings Trust satisfy the requirements for qualification under Code sections 401(a) and 501(a), and Spinco shall take all actions necessary or appropriate to obtain such letters.

Most Referenced Clauses

Most Referenced Definitions