Deferred payment arrangement definition

Deferred payment arrangement or "DPA" means a payment plan whereby a customer may retire a past due amount owing to a utility by paying installments towards the arrearage in addition to future bills.
Deferred payment arrangement means an arrangement between a producer and a dealer in which title to grain passes from the producer to the dealer, the price for the grain is agreed to, and the payment of the sale price is deferred until a date agreed to by the producer and the dealer; (“arrangement de paiement différé”)
Deferred payment arrangement or "DPA" means a payment plan under which a customer may retire a past due amount owed to a utility by paying installments towards the arrearage, in addition to paying future bills.

Examples of Deferred payment arrangement in a sentence

  • Deferred payment arrangement may be extended to contract holders in some special circumstances such as large utility bills, customers with temporary financial hardship due to partial or permanent medical issues or employment lapses, problems on payroll timing, or extended absences; except when the customers have failed to comply with previous payment arrangements, have issued more than one check returned by their bank, or who have repetitive credit problems.

  • These accounts bear interest at the following rates: Monthly account: Silo cost account: Deferred payment arrangement: Interest-free for first 30 days after statement, thereafter classified as arrears.

  • Deferred payment arrangement with respect to accumulated sick days in excess of 126, for employees electing Option (b)(iii).

  • Deferred payment arrangement – Effective February 1, 2016, Payment arrangements are structured and administered to maximize the successful retirement of past due utility service amounts owed to the utility while allowing the customer to retain active utility service.

  • Deferred payment arrangement request checklist Please provide as much information as you can on this list in support of your application.

  • Richard and Adirika were present together for controlled buys of Oxycodone on multiple occasions, and the government presented additional evidence of coordination between the two in establishing buys when the other co-defendant was not present.

  • Deferred payment arrangement: Interest-free period that varies according to various transactions and products, thereafter classified as arrears.

  • Deferred payment arrangement aim at financing a) working capital needs b) redemption of debts c) purchase of GDRs d) import of plant and machinery 95.

Related to Deferred payment arrangement

  • 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.

  • Deferred Payment Date for a Participant means the date after the Restricted Period in respect of Restricted Share Units which is the earlier of (i) the date which the Participant has elected to defer receipt of the underlying Shares in accordance with Section 4.5 of this Plan; and (ii) the Participant’s Separation Date.

  • Compensation Arrangement means any direct or indirect compensatory payment or other financial agreement, arrangement or understanding with any person or entity other than the Corporation, including any agreement, arrangement or understanding with respect to any direct or indirect compensation, reimbursement or indemnification in connection with candidacy, nomination, service or action as a nominee or as a director of the Corporation;

  • Deferred Compensation Plan means any plan, agreement or arrangement maintained by the Company from time to time that provides opportunities for deferral of compensation.

  • Consolidated Scheduled Funded Debt Payments means, as of any date for the applicable period ending on such date with respect to the Borrower Parties on a consolidated basis, the sum of all scheduled payments of principal on Consolidated Funded Indebtedness made during such period (including the implied principal component of payments made on Capitalized Leases during such period) as determined in accordance with GAAP.

  • Nonqualified deferred compensation plan means a compensation plan described in Section 3121(v)(2)(C) of the Internal Revenue Code.