Mailed Payments Sample Clauses

Mailed Payments. You must mail payments to us at the address provided on Your Statement or as otherwise instructed by us or our agents. We will credit it to Your Account on the day we receive it, if: • You send the payment coupon included with Your Statement; • in the same envelope with Your payment; • You include Your Account number on Your payment; and • Your payment arrives at the address indicated on the payment coupon in our processing center by the time indicated on Your Statement. If Your due date occurs on a day on which we do not receive payments, any payment received the next day which conforms to the above requirements will not be treated as late. Please allow at least 7 days for postal delivery. Unless we or our agents specifically instruct You to remit payment in a different manner, payments received at any other location or in any other form might not be credited for up to 5 days. This might cause You to be charged late payment Fees and additional Interest Charges.
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Mailed Payments. Service Provider shall set-up and provide a PO Box address for payments. With the volume of mail received, Service Provider must provide a detailed explanation of proposed levels of control, audit and redundancy to ensure the accurate and timely receipt, processing, and update of mail-in payments. Services must include: a. Mail (individual non-electronic payments) shall be picked up from a local Post Office daily and normally processed within 24 hours at the Service Provider’s secured place of business by a bonded and insured courier or employee each business day along with the required documentation to support pick-up and drop-off at Post Office. All mail must be sorted and batched by postmarked date. b. Complete procedures for batch counts that are verified to ensure an accurate starting record for control throughout processing. The batching process shall include the counting of physical payments received as well as the 10-key summation of each batch. c. Service Provider to accept payments (Check or Money Order – no cash accepted), correspondence, adjudication requests and any other items that require special handling. This includes, but is not limited to: 1) Any correspondence that is included with payment. Service Provider shall be responsible for the receipt, tracking and processing of all inbound correspondence via US mail. 2) Payments received without accompanying source documents, such as citation or delinquent notice. 3) Legal written amount differs from numeric amount. d. Copying the payment document and establishing a completely reliable audit trail for the processing procedures, endorsing and encoding the payment documents with the unique control number of each citation paid, date of processing and batch numbers, and daily reconciling by the Service Provider. e. Preparing funds in accordance with all required District policies and procedures for transfer to the District’s designated financial institution, Xxxxx Fargo Bank. District required records shall be prepared and retained for every deposit. f. Updating payment data to the System and depositing the payments to the District’s designated financial institution within twenty-four (24) hours of collection from the Post Office. g. Service Provider shall be held completely and solely responsible for ensuring the integrity and security of District revenue throughout the entire processing procedure. Any shortages or losses shall be the exclusive responsibility of the Service Provider and must be f...
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Related to Mailed Payments

  • Scheduled Payments No Receivable has a final scheduled payment date later than six months preceding the Final Scheduled Maturity Date.

  • Refused Payments We reserve the right to refuse to pay any Receiver. We will attempt to notify the Sender promptly if we decide to refuse to pay a Receiver designated by the Sender. This notification is not required if you attempt to make a prohibited payment under this Agreement.

  • Returned Payments If after receipt of any payment which is applied to the payment of all or any part of the Obligations (including a payment effected through exercise of a right of setoff), the Administrative Agent or any Lender is for any reason compelled to surrender such payment or proceeds to any Person because such payment or application of proceeds is invalidated, declared fraudulent, set aside, determined to be void or voidable as a preference, impermissible setoff, or a diversion of trust funds, or for any other reason (including pursuant to any settlement entered into by the Administrative Agent or such Lender in its discretion), then the Obligations or part thereof intended to be satisfied shall be revived and continued and this Agreement shall continue in full force as if such payment or proceeds had not been received by the Administrative Agent or such Lender. The provisions of this Section 2.21 shall be and remain effective notwithstanding any contrary action which may have been taken by the Administrative Agent or any Lender in reliance upon such payment or application of proceeds. The provisions of this Section 2.21 shall survive the termination of this Agreement.

  • Deferred Payments “Deferred Payments” means any severance pay or benefits to be paid or provided to Executive (or Executive’s estate or beneficiaries) pursuant to this Agreement and any other severance payments or separation benefits to be paid or provided to Executive (or Executive’s estate or beneficiaries), that in each case, when considered together, are considered deferred compensation under Section 409A.

  • Scheduled Payments of Term Loans Company shall make principal payments on the Term Loans in installments on the dates and in the amounts set forth below: October 31, 2006 $ 375,000 January 31, 2007 $ 375,000 April 30, 2007 $ 375,000 July 31, 2007 $ 375,000 October 31, 2007 $ 375,000 January 31, 2008 $ 375,000 April 30, 2008 $ 375,000 July 31, 2008 $ 375,000 October 31, 2008 $ 375,000 January 31, 2009 $ 375,000 April 30, 2009 $ 375,000 July 31, 2009 $ 375,000 October 31, 2009 $ 375,000 January 31, 2010 $ 375,000 April 30, 2010 $ 375,000 July 31, 2010 $ 375,000 October 31, 2010 $ 375,000 January 31, 2011 $ 375,000 April 30, 2011 $ 375,000 July 31, 2011 $ 375,000 October 31, 2011 $ 375,000 January 31, 2012 $ 375,000 April 30, 2012 $ 375,000 July 31, 2012 $ 375,000 October 31, 2012 $ 375,000 January 31, 2013 $ 375,000 April 30, 2013 $ 375,000 July 28, 2013 $ 139,875,000 Total $ 150,000,000 ; provided that the scheduled installments of principal of the Term Loans set forth above shall be reduced in connection with any voluntary or mandatory prepayments of the Term Loans in accordance with subsection 2.4B(iv); and provided, further that the Term Loans and all other amounts owed hereunder with respect to the Term Loans shall be paid in full no later than July 28, 2013, and the final installment payable by Company in respect of the Term Loans on such date shall be in an amount, if such amount is different from that specified above, sufficient to repay all amounts owing by Company under this Agreement with respect to the Term Loans.

  • Required Payments Unless otherwise provided in this Agreement, any payment of Tax required shall be due within 30 days of a Final Determination of the amount of such Tax.

  • Delayed Payments The Parties hereto agree that payments due from one Party to the other Party under the provisions of this Agreement shall be made within the period set forth therein, and if no such period is specified, within 30 (thirty) days of receiving a demand along with the necessary particulars. Unless otherwise specified in this Agreement, in the event of delay beyond such period, the defaulting Party shall pay interest for the period of delay calculated at a rate equal to 5% (five per cent) above the Bank Rate, and recovery thereof shall be without prejudice to the rights of the Parties under this Agreement including Termination thereof.

  • Deferred Payment “Deferred Payment” means any severance pay or benefits to be paid or provided to Executive (or Executive’s estate or beneficiaries) pursuant to this Agreement and any other severance payments or separation benefits, that in each case, when considered together, are considered deferred compensation under Section 409A.

  • Yield Payments On the Settlement Date for each Purchaser Interest of the Financial Institutions, Seller shall pay to the Agent (for the benefit of the Financial Institutions) an aggregate amount equal to the accrued and unpaid Yield for the entire Tranche Period of each such Purchaser Interest in accordance with Article II.

  • Past Due Payments Provide the grace period (number of days) before a late charge is due if the tenant is late with rent payments. Specify whether the late charge will be a percentage of the monthly rent or a dollar amount per day. 15.

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