Mode of Payment definition

Mode of Payment means any method for the transfer of monies agreed on as acceptable by both the Investor and the Company. Any Mode of Payment used by an Investor to transfer a Contribution is deemed acceptable to both Parties unless one Party communicates otherwise within seven (7) days of the receipt of funds. Any Mode of Payment thusly deemed acceptable for the transfer of Contribution is automatically deemed acceptable for any return of Contribution under Clause 4.4.2, or any Project Payment under Clause 5.
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Mode of Payment. All invoices submitted by medac shall be stated [ * ]. DUSA shall make all payments required under this Agreement as directed by medac from time to time, net of [ * ].
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Mode of Payment. By cheque payable in Madras drawn in favor of Xxxxxx Infoway Ltd. account.
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Examples of Mode of Payment in a sentence

  • Mode of Payment: Payment will be made through RTGS/ NEFT (Please provide the details as required) S.No. Details 1.

  • Deviations from, or objections or reservations to critical provisions such as those concerning Performance Security, Terms and Mode of Payment; Variation, Delay in the Contractor’s Performance, Liquidated Damages, Termination of Contract, Force Majeure, Resolution of Disputes, Applicable law etc.

  • The Mutual Fund / AMC will not accept any request for refund of such bank charges.• Mode of Payment for Unit holders holding Units in Demat formInvestors will receive their redemption payout/ dividend proceeds directly into their bank accounts linked to the demat accounts.

  • Deviations from, or objections or reservations to critical provisions such as those concerning Performance Security, Terms and Mode of Payment; Variation, Delay in the Contractor/agency ’s Performance, Liquidated Damages, Termination of Contract, Force Majeure, Resolution of Disputes, Applicable law etc.

  • Mode of Payment, Measurement and Bills:No sum shall be considered as earned by or due to the contractor in respect of the works until the certificate of “Taking over” in the prescribed form has been given by the Corporation.


More Definitions of Mode of Payment

Mode of Payment means either (a) electronic transfer of funds to the designated bank account of METL, or (b) by way of a demand draft drawn on any scheduled commercial bank in favour of ‘Model Economic Township Limited’;
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Mode of Payment means the optional form of distribution under which a Participant’s vested account balance becomes payable.
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Mode of Payment. (certified check or cash)
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Mode of Payment. Fixed Rate Security Principal Amount of Underlying Securities Deposited Under Trust Agreement: $50,000,000 Exhibit A-1 Ratings: Baa1 by Moody's and BBB+ by Standard & Poor's Guarantors: Each of America Online, Inc., Time Warner Inc., Time Warner Companies, Inc. and Turner Broadcasting System, Inc.
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Mode of Payment. In principle, the mode of payment shall be cash on delivery; it can also be paid on a rolling basis for each month. But the longest term for delaying payment shall not be more than 35 days.
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Mode of Payment. Installment: Full Payment: Booking Money Tk.................................................. Cash/Cheque/P.O/ DD. No................................... Date:................................Bank:..........................................Branch:................................................... Down Payment (..........%) Tk. ...............................................on or before............................................. No. of Installments: Per Installments Tk. Installment start from: Instruction (if any):.............................................................................................................................. ......................................................................................................................................................... .........................................................................................................................................................
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Mode of Payment. Principal: The principal is to be repaid on the Maturity Date. Interest: Interest is payable semi-annually on December 1 and June 1 of each year.
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