CREDITING OF PAYMENTS definition

CREDITING OF PAYMENTS. Payment address: XX Xxx 000000, Xxxxxx, XX 00000-0000. Payments may also be made locally at The Peoples FCU. Payments received by 2: 00 PM CT time will be credited to your account for the current business day. IF PAYMENT IS MADE AT ANY LOCATION OTHER THAN SAID DESIGNATED ADDRESS, CREDIT FOR SUCH PAYMENT MAY BE DELAYED UP TO FIVE (5) DAYS. Payments or credits will be applied first to any FINANCE CHARGE then due and the remainder to the unpaid balance.
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CREDITING OF PAYMENTS. We do not charge for payments made by standard mail service or other standard payment methods that we accept. If we charge a fee for any expedited payment service we offer, that fee will be disclosed to you at the time you request the service. All payments made on your Account at the address designated for payment on the monthly periodic statement or by way of any other approved payment methods generally will be credited to your Account on the date of receipt. If the date of receipt for a mailed payment is not a business day, the payment may not be credited until the first business day following receipt. Payments received in person by one of our branch employees before the close of business will receive same-day credit. If payment is made at any location other than the address designated on the periodic statement or any other standard payment method we accept, credit for such payment may be delayed up to five days. All payments on your Account will be applied first to collection costs, then to any interest charge and other fees due, and then to the unpaid principal balance. If your payments exceed the Total Payment Due shown on your current monthly statement, we generally will apply the excess amount first to the balances subject to the highest interest rate. This will result in balances with higher ANNUAL PERCENTAGE RATES being paid before any other existing balances. Interest paid or agreed to be paid shall not exceed the maximum amount permissible under applicable law, and in any contingency whatso- ever, if we shall receive anything of value deemed interest under applicable law which would exceed the maximum amount of interest permissible under applicable law, the excessive interest shall be applied to the reduction of the unpaid principal amount or refunded to you.
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CREDITING OF PAYMENTS. If your payment is received by 2 p.m., Dallas, TX, time (during the Credit Union’s designee’s business day at the address designated on the periodic statement), it will be credited to your account on the date of receipt. IF PAYMENT IS MADE AT ANY LOCATION OTHER THAN SAID DESIGNATED ADDRESS, CREDIT FOR SUCH PAYMENT MAY BE DELAYED UP TO FIVE (5) DAYS. Payments or credits will be applied first to any FINANCE CHARGE then due and the remainder to the unpaid balance.
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Examples of CREDITING OF PAYMENTS in a sentence

  • CREDITING OF PAYMENTS: If your payment is received at any of our offices or at the address designated on the periodic statement by 5:00 p.m. Central Time (during the Credit Union designee’s business day), it will be credited to your account effective on that date.

  • PolyOps shall limit access to Customer Personal Information to those employees or other personnel who have a business need to have access to such Customer Personal Information.


More Definitions of CREDITING OF PAYMENTS

CREDITING OF PAYMENTS. All payments made on your Account at the address designated for payment on the monthly periodic statement will be credited on the date of receipt. If the date of receipt is not a business day, your payment will be credited on the first LATE PAYMENT FEE: Refer to Schedule of Fees. OVER-THE-LIMIT FEE: No over-the limit Fee. RETURNED PAYMENT FEE: Refer to Schedule of Fees *MULTIPLE FEES: In the event that the Late Payment Fee and the Return Payment Fee apply concurrently, we will not charge you more than one fee for a single event. SHARED SECURED MASTERCARD: As collateral for amounts you may request to be advanced from time to time pursuant to this MasterCard Agreement, you pledge and grant to us a lien on your deposits (in the amount equal to 100% of the maximum credit limit) in the share account as indicated on the MasterCard form. If you are in default under this Agreement, we may take such sums from the share account as set forth on the MasterCard form in payment of any amounts owed to us by you. If the amounts pledged are not sufficient to pay off all amounts owed to us you agree and acknowledge that you will be responsible for any and all deficiencies including any fees, charges and costs, which may have been incurred by us as a result of your default. CROSS-COLLATERALIZATION/CROSS DEFAULT: You understand SECURITY: YOU SPECIFICALLY GRANT US A SECURITY INTEREST IN ALL INDIVIDUAL AND JOINT ACCOUNTS YOU HAVE WITH US NOW AND IN THE FUTURE TO SECURE REPAYMENT OF CREDIT EXTENSION MADE UNDER THIS AGREEMENT. THE GRANTING OF THIS SECURITY INTEREST IS A CONDITION FOR THE ISSUANCE OF ANY CARD WHICH YOU MAY USE, DIRECTLY OR INDIRECTLY, TO OBTAIN EXTENSIONS OF CREDIT UNDER THIS AGREEMENT. IF YOU HAVE OTHER LOANS WITH US, COLLATERAL SECURING SUCH LOANS MAY ALSO SECURE YOUR OBLIGATIONS UNDER THIS AGREEMENT. PLEDGE OF SHARES: IF YOU HAVE SIGNED A SEPARATE PLEDGE OF SHARES SECURING A MASTERCARD ACCOUNT AGREEMENT, YOU UNDERSTAND AND AGREE THAT YOU ARE PLEDGING, UNDER THE UNIFORM COMMERCIAL CODE, SHARES NOW ON DEPOSIT IN YOUR PRIMARY SHARE ACCOUNT. YOU UNDERSTAND THAT YOU MUST, AT ALL TIMES, KEEP A SUM EQUAL TO YOUR CREDIT LIMIT ON DEPOSIT IN YOUR PRIMARY SHARE ACCOUNT UNTIL YOU REPAY THE ENTIRE LOAN AND THE ACCOUNT IS TERMINATED. YOU UNDERSTAND AND AGREE THAT THIS SECURITY INTEREST WILL COVER PURCHASES AND ADVANCES UNDER THIS AGREEMENT AND DISCLOSURE STATEMENT. IF YOU DEFAULT, WE MAY APPLY THESE SHARES TO REPAY YOUR LOAN IN ACCORDANCE WITH STATE OR OTHER LAW. YOU UNDERST...
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CREDITING OF PAYMENTS. If your payment is received by 5 p.m., Aurora, CO time (during the Credit Union’s designee’s business day at the address designated on the periodic statement) or on the next business day if mail is not delivered and/or accepted on due date, it will be credited to your account on the date of receipt. All payments on your account will be applied first to collection costs, then to any late charges or other charges, then to any FINANCE CHARGE due, and then to the unpaid principal balance. Interest paid or agreed to be paid shall not exceed the maximum amount permissible under applicable law, and, in any contingency whatsoever, if the Credit Union shall receive anything of value deemed interest under applicable law which would exceed the maximum amount of interest permissible under applicable law, the excessive interest shall be applied to the reduction of the unpaid principal amount or refunded to you. CASH ADVANCES: Cash advances incur a FINANCE CHARGE from the date they are posted to the account.
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CREDITING OF PAYMENTS. We do not charge for payments made by standard mail service or other standard payment methods we have approved. If we charge a fee for any expedited payment service we offer, that fee will be disclosed at the time Company requests the service. Payments received at locations other than the address listed on the front of the statement after the phrase "Remit payment to" may be subject to a delay in crediting up to 5 days. If there is a credit balance due you, you may request in writing a full refund of this credit balance at the address indicated on the front of the statement after the phrase "Questions?" If Promotional Balance(s) exist, we may allocate the monthly payments to the promotional balance(s) before the non-promotional balance(s). Interest paid or agreed to be paid shall not exceed the maximum amount permissible under applicable law. If we receive anything of value deemed interest under applicable law which would exceed the maximum permissible amount of interest, the excessive interest shall be applied to the reduction of the unpaid principal amount or refunded to Company.
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CREDITING OF PAYMENTS. All compensation as referenced above shall be credited against any and all union minimum payments due under this Agreement calculated at twice the minimum scale (excluding pension, health and welfare fund contributions). MI agrees to pay any required income, employment or other taxes relating to the compensation paid to MI by Buyers hereunder.
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Related to CREDITING OF PAYMENTS

  • Crediting Rate means the notional gains and losses credited on the Participant’s Account balance which are based on the Participant’s choice among the investment alternatives made available by the Committee pursuant to Section 3.3 of the Plan.

  • Debit Payment means a particular transaction where a debit is made.

  • Schedule of Payments means the schedule of payments disclosed on a Contract.

  • Date of Payment means the date on which NYSERDA requisitions a check from its statutory fiscal agent, the Department of Taxation and Finance, to make a Payment.

  • Special Payments Account means the Eligible Deposit Account created pursuant to Section 2.2 as a sub-account to the Collection Account.

  • Policy Payments Account means a separate special purpose trust account that is an Eligible Account, for the benefit of Holders of the Notes and the Credit Enhancer over which the Indenture Trustee has exclusive control and sole right of withdrawal.

  • Proof of payment means, as applicable, a copy of the check, confirmation of credit card or debit card payment, or confirmation of wire or automated clearinghouse transfer, and any other information required to demonstrate that payment has been made according to the EPA requirements, in the amount due, and identified with the appropriate docket number and Respondent’s name.

  • Regular account means the account established for each active and inactive member un-

  • Crediting Date means the date designated in the Adoption Agreement for crediting the amount of any Participant Deferral Credits or Employer Credits to the Deferred Compensation Account of a Participant.

  • Administration Account As defined in Section 7.02.

  • Debit Day means the day that payment by You to Us is due.

  • Company Matching Account means (i) the sum of all of a Participant's Annual Company Matching Amounts, plus (ii) amounts credited in accordance with all the applicable crediting provisions of this Plan that relate to the Participant's Company Matching Account, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant's Company Matching Account.

  • Matching Contribution Account means the separate, individual account established on behalf of a Participant to which the Matching Contributions made on such Participant's behalf are credited, together with all earnings and appreciation thereon, and against which are charged any withdrawals, loans and other distributions made from such account and any losses, depreciation or expenses allocable to amounts credited to such account.

  • Basic Rate of Pay means the incremental step in the Salaries Schedule applicable to an Employee in accordance with the terms of this Collective Agreement, exclusive of all premium payments.

  • Deferred Account means the participant's Deferred Pension Account, Deferred Dividends Account, Deferred Retainer Account, Deferred Fees Account, Deferred Cash Account and/or Deferred Stock Account.

  • Deferred Compensation Account means the account maintained with respect to each Participant under the Plan. The Deferred Compensation Account shall be credited with Participant Deferral Credits and Employer Credits, credited or debited for deemed investment gains or losses, and adjusted for payments in accordance with the rules and elections in effect under Section 8. The Deferred Compensation Account of a Participant shall include any In-Service or Education Account of the Participant, if applicable.

  • Special Account means the account referred to in Section 2.02 (b) of this Agreement;

  • frozen account means an account with a relevant institution which is held or controlled (directly or indirectly) by a designated person;

  • 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.

  • Transaction Account means a cash account established and maintained by Repo Custodian for the Funds to effect repurchase transactions pursuant to the Master Agreement.

  • Tariff Payment means the payments to be made under Monthly Bills as referred to in Article 10 and the relevant Supplementary Bills;

  • Regular rate of pay means the rate of pay the employee was receiving at the time maternity leave commenced, but does not include retroactive adjustment of rate of pay, acting pay, overtime, shift premium or any other form of supplementary compensation.

  • Note Distribution Account means the account designated as such, established and maintained pursuant to Section 5.1(a)(ii).

  • Subsidy Account If the Trust Estate contains any Subsidy Loans, the deposit account or accounts created and maintained by the Servicer for deposit of Subsidy Funds and amounts payable under interest subsidy agreements relating to mortgage loans other than the Mortgage Loans.

  • Designated Account means the Deposit Account of Borrower identified on Schedule D-1 to the Agreement (or such other Deposit Account of Borrower located at Designated Account Bank that has been designated as such, in writing, by Borrower to Agent).

  • Note Payment Account means the account established and maintained as such pursuant to Section 4.1(b).