CHAPS Payments definition

CHAPS Payments means payments in the UK made in sterling using CHAPS;

Examples of CHAPS Payments in a sentence

  • More information about CHAPS Payments is set out in the Frequently Asked Questions on our website;¡ EEA Payments – these are payments to a country in the European Economic Area, made in any currency, in each case using SWIFT; or non-urgent payments in euros using the SEPA Scheme; and¡ International Payments – being payments anywhere in the world outside of the European Economic Area, made in pounds or any other currency, using SWIFT.

  • BACS operates on a 3 working day as detailed below: Day 1Day 2Day 3Transmission to BACSprocessingdebiting / crediting CHAPS Payments (Clearing House Automated Payemnt system) were introduced in the UK in 1984 and provides a same day value irrevocable payment which is gernreally received by the beneficiary bank within minutes.

  • More information about CHAPS Payments is set out in the Frequently Asked Questions on our website;⭘ EEA Payments – these are payments from the UK to a country in the European Economic Area, made in any currency, in each case using SWIFT; or non-urgent payments in euros using the SEPA Credit Transfer Scheme; and⭘ International Payments – being payments anywhere in the world outside of the European Economic Area, made in pounds or any other currency, using SWIFT.

  • You’ll get details of your interest paid each year in April/May, in your Bond Account Summary.cahoot CHAPS and International Payments terms and conditionsThese terms and conditions (the ‘Conditions’) set out your rights and obligations when you instruct us to make any of the following payments in connection with your cahoot account (the ‘Account’): CHAPS Payments – being payments in the UK made in pounds through the Clearing House Automated Payments System.

  • We charge for the processing of International Payments and CHAPS Payments using the PIB Service, regardless of the type of customer.

  • Section 2F – CHAPS, EEA and International Payments Terms and ConditionsThe Terms and Conditions in this section (the ‘Conditions’) set out your rights and obligations when you instruct us to make any of the following payments from your account:¡ CHAPS Payments – these are payments in the UK made in pounds through the Clearing House Automated Payments System.

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  • More information about CHAPS Payments is set out in the Frequently Asked Questions on our website;¡ EEA Payments – these are payments from the UK to a country in the European Economic Area, made in any currency, in each caseusing SWIFT; or non-urgent payments in euros using the SEPA Credit Transfer Scheme; and¡ International Payments – being payments anywhere in the world outside of the European Economic Area, made in pounds or any other currency, using SWIFT.

  • The address that you give us must be the Child’s or if applicable the Registered Contact’s permanent home address.Section 2F – CHAPS, EEA and International Payments Terms and ConditionsThe Terms and Conditions in this section (the ‘Conditions’) set out your rights and obligations when you instruct us to make any of the following payments from your account:⭘ CHAPS Payments – these are payments in the UK made in pounds through the Clearing House Automated Payments System.

  • Accordingly, we review this assignment of error under the plain error standard.

Related to CHAPS Payments

  • Bonus Payments means that portion of the bonus payments received by the

  • Progress Payments County shall make periodic progress payments consist with the Contract Price on the basis of Contractor's Applications for Payments, as provided in paragraph

  • Earnout Payments has the meaning set forth in Section 2.2(a).

  • Production Payments means, collectively, Dollar-Denominated Production Payments and Volumetric Production Payments.

  • Payments has the meaning set forth in Section 8.11.

  • Minimum Payments $50 (with respect to all funds in the aggregate.) No payment pursuant to this Schedule is payable to a dealer, bank or other service provider for the first year with respect to sales of $1 million or more, at no load, in cases where A I M Distributors, Inc. has advanced the service fee to the dealer, bank or other service provider.

  • Earn-Out Payments has the meaning set forth in Section 2.3(a).

  • Service payments means payments to the private entity of a qualifying project pursuant to a service contract.

  • Net Cash Payments means, with respect to any Disposition, the aggregate amount of all cash payments received by the Company and its Restricted Subsidiaries directly or indirectly in connection with such Disposition, whether at the time of such Disposition or after such Disposition under deferred payment arrangements or Investments entered into or received in connection with such Disposition (including, without limitation, Disposition Investments); provided that:

  • FILOT Payments means the amount paid or to be paid in lieu of ad valorem property taxes as provided herein.

  • Bonus Payment means a cash payment in an amount equal to the sum of (i) all Excise Taxes payable by the Executive, plus (ii) all additional Excise Taxes and federal or state income taxes to the extent such taxes are imposed in respect of the Bonus Payment, such that the Executive shall be in the same after-tax position and shall have received the same benefits that he would have received if the Excise Taxes had not been imposed. For purposes of calculating any income taxes attributable to the Bonus Payment, the Executive shall be deemed for all purposes to be paying income taxes at the highest marginal federal income tax rate, taking into account any applicable surtaxes and other generally applicable taxes which have the effect of increasing the marginal federal income tax rate and, if applicable, at the highest marginal state income tax rate, to which the Bonus Payment and the Executive are subject. An example of the calculation of the Bonus Payment is set forth below. Assume that the Excise Tax rate is 20%, the highest federal marginal income tax rate is 40% and the Executive is not subject to state income taxes. Further assume that the Executive has received an excess parachute payment in the amount of $200,000, on which $40,000 ($200,000 x 20%) in Excise Taxes are payable. The amount of the required Bonus Payment is thus computed to be $100,000, i.e., the Bonus Payment of $100,000, less additional Excise Taxes on the Bonus Payment of $20,000 (i.e., 20% x $100,000) and income taxes of $40,000 (i.e., 40% x $100,000), yields $40,000, the amount of the Excise Taxes payable in respect of the original excess parachute payment.

  • Contingent Payments has the meaning set forth in Section 2.02(a).

  • Volumetric Production Payments means production payment obligations recorded as deferred revenue in accordance with GAAP, together with all undertakings and obligations in connection therewith.

  • Termination Payments has the meaning specified in Section 10(a).

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

  • 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.

  • 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.

  • Debt Payments means for any period, in each case, all cash actually expended by any Borrower to make: (a) interest payments on any Advances hereunder, plus (b) scheduled principal payments on the Equipment Loans plus (c) scheduled principal payments on the Term Loans plus (d) payments for all fees, commissions and charges set forth herein, plus (e) payments on Capitalized Lease Obligations, plus (f) payments with respect to any other Indebtedness for borrowed money.

  • Contribution Amounts the aggregate amount of capital contributions applied by the Borrower to permit the Incurrence of Contribution Indebtedness pursuant to Subsection 8.1(b)(xi).

  • Weeks pay means the rate of pay for the employee concerned at the date of termination, and shall include in addition to the ordinary pay any over- agreement payments and the following, if applicable:

  • Capitation Payment means a payment the STATE makes periodically to the MCO for each Enrollee covered under the Contract for the provision of services as defined in Article 6 regardless of whether the Enrollee receives these services during the period covered by the payment.

  • Exception Payments means payments to deposit accounts or brokerage accounts, payments to settle securities transactions (including, without limitation, stocks, bonds, securities, futures (forex), options, or an investment interest in any entity or property).

  • Reimbursement Amounts As defined in Section 3.22.

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

  • Earnable compensation means the full rate of the