Means of payment definition

Means of payment means cash, bank and postal cheques, bankers' drafts and other cheques assimilated or equivalent to them, money orders, credit or payment orders, credit cards and other payment cards, transferable insurance policies, pledge policies and any other instrument available to transfer, move or acquire, including by telematic means, funds, securities or financial assets;
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Means of payment. [Cash Settlement Value] [Put Price]: __________ Very truly yours, ---------------------------------------- (Name of beneficial owner or Person authorized to act on its behalf) ---------------------------------------- (Title) -------------------------------- (Telephone No.) ------------------------ (Fax No.) ------------------------------ Receipt of the above exercise notice is hereby noted: ____________________, as Calculation Agent By: --------------------------------- (Title) Date and time of receipt: (Date) ------------------------- (Time) ------------------------- [If Security is a Global Security, insert this Schedule A.] [Designation of Universal Warrants] SCHEDULE A GLOBAL UNIVERSAL WARRANT SCHEDULE OF EXCHANGES OR EXERCISES The initial number of Universal Warrants represented by this Global Security is _______________ (the "Warrants"). In accordance with the Warrant Indenture, dated as of _______________, as amended or supplemented, between the Company, and The Bank of New York, as Trustee, [If applicable, insert -- and the Unit Agreement, dated as of _______________, 20 ______________, between the Company and _______________, as Unit Agent], the following [if applicable, insert -- (A) exchanges [of the number of Warrants previously represented hereby and indicated below for a like number of Warrants represented by a Global Security that has been separated from a Unit (a "Warrant")](1) [the number of Warrants previously represented by a Global Security that is part of a Unit (an "Attached Warrant") and indicated below for a like number of Warrants represented by this Global Security](2) or (B)] reductions in the number of Warrants represented hereby as a result of the exercise of the number of such Warrants indicated below have been made: [Reduced [Increased Notation Number [Number of Attached Number Reduced Exchanged Outstanding Warrants Exchanged Outstanding Number Made by or Date of Following for Warrants Following Number of Following for on [Exchange [Number Such represented by this Such Warrants Such Behalf of or] Exercise Warrants](1) Exchange](1) Global Warrant](2) Exchange](2) Exercised Exercise Trustee ------------ ------------ ------------ ------------------- ------------ --------- --------- ----------
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Means of payment means cash, bank and postal cheques, banker’s drafts and the like, postal money orders, credit transfers and payment orders, credit cards and other payment cards, transferable insurance policies, pawn tickets and every other instrument available making it possible to transfer, move or acquire, including by electronic means, funds, valuables or financial balances;
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Examples of Means of payment in a sentence

  • Moreover, in accordance with the Regulation of Electronic Means of Payment, Card Brands’ regulations must be subject to BACEN’s review and approval, which may require changes and adjustments.

  • Number of Warrants to be exercised: (must be a number greater than or equal to ) Means of Payment of Settlement Value:.

  • In September 2010, annual impairment tests were conducted based on ten-year discounted cash flow projections, using perpetuity-based amounts in the last year, which is the period in which the entity expected to recover the investments made when the business was acquired, by applying an average growth rate of 15.1% for Cable TV and 38.9% for Means of Payment, using perpetuity-based amounts in the last year.

  • The Means of Payment - Sale and dispensing of the physical method of payment (Debit Cards).

  • Article 3, Means of Payment of Employee Contributions is amended as follows: Paragraph (a) is revised by inserting "For Shares purchased other than from the Company," before "The Employer" in the last sentence.

  • Each Client or, as the case may be, the CMI, keeps a Collection Account which complies with each country’s regulations and is committed to ensuring that all Means of Payment are paid to this account.

  • In December 2014, annual impairment tests were conducted based on ten-year discounted cash flow projections, using perpetuity-based amounts in the last year, which is the period in which the entity expected to recover the investments made when the business was acquired, by applying an average growth rate of 24.2% for Pay TV, 14.5% for Means of Payment, 6.0% for RII Internet provider, and 4.7% for RII Multimedia, discount rate of 12.3%, and use of perpetuity-based amounts in the last year.

  • If the Means of Payment provided to Eurofactor in performance of the Agreement are made out to the Client, the Client authorizes Eurofactor to endorse or regularize such Means of Payment if necessary, in its place.

  • Each Client or the CMI, as applicable, keeps a Recovery Account, in accordance with the regulations of each country in question, and undertakes to ensure that all Means of Payment are paid to this account.

  • In the case where the Means of Payment submitted to Crédit Agricole Leasing & Factoring in execution of the Contract are made payable to the order of the Client, the latter authorises Crédit Agricole Leasing & Factoring to endorse them or to settle them, if necessary, in their stead.


More Definitions of Means of payment

Means of payment means any one of those instruments of payment designated by a Cabinet Order such as bank notes, treasury notes, notes of small denomination, coins, cheques, bills of exchange, postal money orders, letters of credit, or other instruments of payment;
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Means of payment means banknotes and coins (cash), and deposits and credit on an account with a financial institution or a similar institution which can be operated by means of payment instruments
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Means of payment. Means of payment: - Pro forma invoice; - Voucher (applies to tourist agencies with which the Ljubljana Castle has a Cooperation agreement, and budget users); - Online payment (valid when purchasing tickets online). Payment must be made no later than four (4) days before the guided tour.
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Means of payment means the personalized means and/or certain procedures agreed by the Client as the user of Payment Services and the Bank and used by the Client to initiate Payment Orders.
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Means of payment means paper money and coins (domestic or foreign); bearer cheques denominated in any currency as well as any other instrument, including the elec- tronic ones, designed to be used as a bearer payment means. Solely for the purposes of entering or leaving Spain, “payment means” shall also be deemed to be bearer negotiable instru- ments, including monetary instruments such as travellers cheques, negotiable instruments, including cheques, prom- issory notes and payment orders, whether in bearer form, endorsed without restriction, made out to a fictitious payee or any other form in which ownership thereof is transferred on delivery, and incomplete instruments, including cheques, promissory notes and payment orders that are signed but omit the name of the payee.
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Means of payment means cash, bank and postal checks, cashier's checks and other checks assimilated or equivalent thereto, money orders, credit or payment orders, credit cards and other payment cards, transferable insurance policies, pledge policies, and any other instrument available to transfer, move or acquire, including by electronic means, funds, valuables or financial assets;
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Related to Means of payment

  • 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.

  • 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 EPA requirements, in the amount due, and identified with the appropriate docket number and Respondent’s name.

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

  • 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.

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

  • weekly rate of pay means an employee’s annual rate of pay divided by 52.176.

  • Payment means any payment or distribution in the nature of compensation (within the meaning of Section 280G(b)(2) of the Code) to or for the benefit of the Executive, whether paid or payable pursuant to this Agreement or otherwise.

  • payment system means a funds transfer system with formal and standardised arrangements and common rules for the processing, clearing and/or settlement of payment transactions;

  • daily rate of pay means an employee's weekly rate of pay divided by five (5);

  • hourly rate of pay means a full-time employee’s weekly rate of pay divided by thirty-seven decimal five (37.5); (taux de rémunération horaire)

  • Payment Business Day means a day on which commercial banks are open for business (including dealings in foreign exchange and foreign currency deposits) in Stockholm and Frankfurt am Main and on which the Clearing System settles payments in the Issue Currency.

  • 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.

  • Base Rate of Pay means the employee’s hourly rate of pay excluding any premiums, incentives, add-ons or rollups.

  • Payment Bond is one executed in connection with a contract to assure payment as required by law of all persons supplying labor and material in the execution of the work provided for in the contract.