CIBC Payment definition

CIBC Payment. - means the payment of $150.0 million made to CIBC by Aimia on December 27, 2013 in relation to the sale of approximately half of the Aeroplan card portfolio to TD in accordance with the asset purchase agreement as described under the FINANCIAL CARD AGREEMENTS section;
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Examples of CIBC Payment in a sentence

  • Plan A - CIBC Payment Protector™ Insurance for Credit Cards - GC569(Monthly premium of $0.99 per $100 of the amount owing on the insured credit card as of itsstatement date)You are under age 70.You have life, accidental death, critical illness, disability, involuntary unemployment andinvoluntary loss of self-employment coverage.

  • However, the CIBC Payment represents the reallocation of CIBC’s collateral for the purposes of Distribution to Allowed General Unsecured Creditors only and, therefore, the CIBC Payment shall not be available to pay any other Claims.

  • If such a change takes place, your original enrollment for CIBC Payment Protector™ Insurance for Credit Cards will continue to apply for your insurance coverage, both before and after any changes.

  • Further, CIBC shall have no right to assert a claim against the CIBC Payment and shall have no entitlement under any circumstances to receive any Distribution from the Estates based on the CIBC Payment.

  • Only one benefit may be paid for any one statement period.The following table summarizes the six types of insurance coverage available through CIBC Payment Protector™ Insurance for Credit Cards: Coverage Involuntary Lossof Self-Employment For each statement period, pays to CIBC an involuntary loss of self-employment insurance benefit equal to 20% of the amount you owe CIBC on the insured credit card’s statement date prior to your date involuntary loss of self-employment.

  • CIBC Forward Payment CIBC will pay to Counterparty Amount: on the CIBC Payment Date an amount equal to the Forward Amount (as defined below).

  • Settlement Currency: United States Dollars ("U.S.$") Trade Date: July 29, 1996 Effective Date: July 29, 1996 Termination Date: July 29, 2003, subject to adjustment in accordance with the Modified Following Business Day Convention Valuation Amount: U.S.$105,314,250.00 CIBC Payments: CIBC Payment Date: Termination Date.

  • Plan C - CIBC Payment Protector™ Insurance for Credit Cards - GC573(Monthly premium of $0.39 per $100 of the amount owing on the insured credit card as of itsstatement date)You are under age 80 for life insurance, no maximum age for accidental death coverage.You are covered only for life and accidental death.

  • Further, the Committee requested and CIBC agreed, pursuant to the CIBC Conditional Payment Stipulation, to make the CIBC Payment and reallocate and gift these funds from CIBC’s collateral and solely for the benefit of holders of Allowed General Unsecured Claims and to extend the Committee’s (a) Challenge Deadline, (b) time to file a responsive pleading to the Complaint, and (c) time to supplement the Committee’s Motion to Vacate the Interim DIP Financing Order (collectively, the “Deadlines”).

  • General Inquiries and our Contact InformationThis distribution guide explains the rights and types of coverage provided under the CIBC Payment Protector™ Insurance for Credit Cards insurance plan underwritten by Canadian Premier Life Insurance Company.

Related to CIBC Payment

  • Delta Payment means as it is described in this Agreement.

  • Cash Payment has the meaning set forth in Section 2.02(a).

  • Down payment means all partial payments, whether made in cash or otherwise, received by or for the benefit of the seller before or substantially contemporaneous with either the execution of the installment sale contract or the delivery of the motor vehicle sold under that contract, whichever occurs later.

  • PAGA Payment means the penalties pursuant to PAGA that the Parties have agreed is a

  • 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.

  • Interim Payment has the meaning specified in Section 10.1.

  • Cash Exchange Payment means an amount in cash equal to the product of (i) the number of shares of Class A Common Stock into which the surrendered Paired Interests are exchangeable and (ii) the VWAP of the Class A Common Stock for the five consecutive full Trading Days immediately prior to the date of delivery of the relevant Notice of Exchange.

  • LC Payment Date is defined in Section 2.20.5.

  • Agent Payment Account means account no. 5000000030266 of Agent at Wachovia Bank, National Association, or such other account of Agent as Agent may from time to time designate to Administrative Borrower as the Agent Payment Account for purposes of this Agreement and the other Financing Agreements.

  • Upfront Payment has the meaning set forth in Section 4.1.

  • Prepayment Consideration shall have the meaning set forth in Section 2.3.1.

  • Loan Payment means any amount payable by the Loan Parties to the Bank pursuant to the Legal Agreements or these General Conditions, including (but not limited to) any amount of the Withdrawn Loan Balance, interest, the Front-end Fee, interest at the Default Interest Rate (if any), any prepayment premium, any transaction fee for a Conversion or early termination of a Conversion, any premium payable upon the establishment of an Interest Rate Cap or Interest Rate Collar, and any Unwinding Amount payable by the Borrower.”

  • Closing Payment Amount has the meaning specified in Section 1.5.

  • Closing Payment has the meaning set forth in Section 2.2.

  • Additional Amount Payment means a payment to a Holder of MuniFund Term Preferred Shares of an amount which, when taken together with the aggregate amount of Taxable Allocations made to such Holder to which such Additional Amount Payment relates, would cause such Holder’s dividends in dollars (after federal income tax consequences) from the aggregate of such Taxable Allocations and the related Additional Amount Payment to be equal to the dollar amount of the dividends that would have been received by such Holder if the amount of such aggregate Taxable Allocations would have been excludable (for federal income tax purposes) from the gross income of such Holder. Such Additional Amount Payment shall be calculated (i) without A-1 consideration being given to the time value of money; (ii) assuming that no Holder of MuniFund Term Preferred Shares is subject to the federal alternative minimum tax with respect to dividends received from the Fund; and (iii) assuming that each Taxable Allocation and each Additional Amount Payment (except to the extent such Additional Amount Payment is designated as an exempt-interest dividend under Section 852(b)(5) of the Code) would be taxable in the hands of each Holder of MuniFund Term Preferred Shares at the maximum marginal regular federal individual income tax rate applicable to ordinary income or net capital gains, as applicable, or the maximum marginal regular federal corporate income tax rate applicable to ordinary income or net capital gains, as applicable, whichever is greater, in effect at the time such Additional Amount Payment is paid.

  • Prepayment Fee is, with respect to any Term Loan subject to prepayment prior to the Maturity Date, whether by mandatory or voluntary prepayment, acceleration or otherwise, an additional fee payable to the Lenders in amount equal to:

  • AHYDO Payment means any mandatory prepayment or redemption pursuant to the terms of any Indebtedness that is intended or designed to cause such Indebtedness not to be treated as an “applicable high yield discount obligation” within the meaning of Section 163(i) of the Code.

  • Loan Fee shall have the meaning assigned in Section 5.1.

  • Cash Advance Fees shall have the meaning specified in the Credit Card Agreement applicable to each Account for cash advance fees or similar terms.

  • Maturity Payment Amount shall have the meaning set forth in Section 2 of this Annex A.

  • Settlement Payment means the transfer, or contractual undertaking (including by automated clearing house transaction) to effect a transfer, of cash or other property to effect a Settlement.

  • Reimbursement Payment shall have the meaning given to that term in Subparagraph 2.02(c).

  • Escrow Payment Any payment received by the Master Servicer or the Special Servicer for the account of any Mortgagor for application toward the payment of real estate taxes, assessments, insurance premiums, ground lease rents and similar items in respect of the related Mortgaged Property, including amounts for deposit to any reserve account.

  • Servicer Prepayment Charge Payment Amount The amounts payable by the Servicer in respect of any waived Prepayment Charges pursuant to Section 2.05 or Section 3.01.

  • Special Payment Means any payment (other than a Scheduled Payment) in respect of, or any proceeds of, any Equipment Note or Collateral (as defined in each Indenture).

  • Excess Cash Payment Date means the date occurring 95 days after the last day of each Fiscal Year of Holdings (commencing with the Fiscal Year of Holdings ended December 31, 2010).