Number of Payments definition

Number of Payments means the number of Interim Payments that are to be made in that Settlement Period, and where “Historic Settlement Amount” shall be the amounts set out in Appendix 1 to this Schedule, and then as advised by RSP to the Licensee from time to time.
Sample 1Sample 2Sample 3
Number of Payments has the meaning given to it in Clause 12-31(1)(a)(ii) below.
Sample 1Sample 2
Number of Payments times “Amount of Payments” equals “Total of Payments.” Observe the “Federal Truth-in-Lending Disclosures” box of the Contract and confirm “Total of Payments” plus the total downpayment, if any, equals “Total Sale Price.” Review the Receivable in Ford Credit’s receivables systems and confirm any comments at origination do not conflict with the prohibited practices described in the applicable Ford Credit procedure. Observe the form number and revision date on the Contract and confirm they are on the List of Approved Contract Forms.
Sample 1Sample 2

Examples of Number of Payments in a sentence

  • Test 3.3(b) – 3: Amortization Observe the "Federal Truth-in-Lending Disclosures" box of the Contract and confirm "Number of Payments" times “Amount of Payments" equals "Total of Payments." Test 3.3(b) – 4: Simple Interest Review the Contract and confirm it is a simple finance charge contract.

  • Weighted Average Original Number of Payments of the Initial Receivables (Months) 60 I.

  • Test 3.3(t) – 1: Term of Receivable for New Vehicles Observe the Contract and, if the description of the Financed Vehicle is new, observe the "Number of Payments" from the payment schedule section of the "Federal Truth-in-Lending Disclosures" box of the Contract and confirm the total number of payments is 84 or fewer.

  • Test 3.3(u) – 1: Term of Receivable for Used Vehicles Observe the Contract and, if the description of the Financed Vehicle is used or demo, observe the "Number of Payments" from the payment schedule section of the "Federal Truth-in-Lending Disclosures" box of the Contract and confirm the total number of payments is 75 or fewer.

  • Invoice against claim of supply/ sell of quoted molecules to developed country (ies)22.

  • Weighted Average Remaining Number of Payments of the Initial Receivables (Months) 59 J.

  • PAYMENT SCHEDULE WILL BE: Number of Payments 1 PREPAYMENT: If you pay off early, you may be charged a minimum Finance Charge.

  • Number of Payments Each employee will be paid in twenty-four (24) installments.

  • Weighted Average Remaining Number of Payments of the Initial Receivables (Months) 60 J.

  • Weighted Average Remaining Number of Payments of the Initial Receivables (Months) 61 J.


More Definitions of Number of Payments

Number of Payments. Section 2.4(b) “Other Lender” Section 9.10(c) “Patriot Act” Section 5.7(c) “Reinvestment Period” Section 6.4
Sample 1
Number of Payments. 30 scheduled monthly installments, payable in arrears Fixed, per annum simple interest rate: SEVEN AND 88/100 percent (7.88%) (the "Purchase Option Financing Rate"), or
Sample 1
Number of Payments. Beginning Date:
Sample 1
Number of Payments one final payment in respect of the full capital and all remaining interest.
Sample 1
Number of Payments. Weekly payment due: $
Sample 1
Number of Payments. The teacher's annual salary shall be payable in twenty-six (26) equal installments. All teachers will be paid in twenty-six (26) equal installments only. Teachers new to the system will receive their first payment on the second payroll of the school year, and will be paid 2/26 of their regular pay at that time. Subd. 2. Pay day: Pay day shall be every other Friday. The maximum number of pay days per year shall be twenty-six (26). The initial pay date shall be established by Superintendent regulation and be on a regular scheduled rotation as per Article VIII, Section 6, Subd. 1.
Sample 1

Related to Number of Payments

  • 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.

  • 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.

  • 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.

  • Maximum Distributable Amount means any maximum distributable amount relating to the Issuer and/or the Group (if any) which is determined pursuant to Article 141 of the CRD IV Directive (or, as the case may be, any provision of Danish law transposing or implementing Article 141 of the CRD IV Directive), or any successor provision thereto;

  • Contribution Percentage Amounts means the sum of the Employee Contributions, Matching Contributions, and Qualified Matching Contributions (to the extent not taken into account for purposes of the ADP test) made under the Plan on behalf of the participant for the Plan Year. Such Contribution Percentage Amounts shall not include Matching Contributions that are forfeited either to correct Excess Aggregate Contributions or because the contributions to which they relate are Excess Deferrals, Excess Contributions, or Excess Aggregate Contributions. If so elected in the adoption agreement the Employer may include Qualified Nonelective Contributions in the Contribution Percentage Amounts. The Employer also may elect to use Elective Deferrals in the Contribution Percentage Amounts so long as the ADP test is met before the Elective Deferrals are used in the ACP test and continues to be met following the exclusion of those Elective Deferrals that are used to meet the ACP test.

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

  • Capitation Payment means a payment the STATE makes periodically to the MCO for each Enrollee covered under the Contract for the provision of services as defined in Article 6 regardless of whether the Enrollee receives these services during the period covered by the payment.

  • Final rate of pay means the actual rate upon which earnings of an employee were calculated during the twelve (12) month period immediately preceding the member's effective retirement date, including employee contributions picked up after August 1, 1982, pursuant to KRS 61.560(4). The rate shall be certified to the system by the employer and the following equivalents shall be used to convert the rate to an annual rate: two thousand eighty (2,080) hours for eight (8) hour workdays, nineteen hundred fifty (1,950) hours for seven and one-half (7-1/2) hour workdays, two hundred sixty (260) days, fifty-two (52) weeks, twelve (12) months, one (1) year;

  • Annual Rate of Pay means, as of any date, an employee’s annualized base pay rate. An employee’s Annual Rate of Pay shall not include sales commissions or other similar payments or awards.

  • Fixed Amounts has the meaning assigned to such term in Section 1.07(b).

  • Actual Rate of Pay means, unless and until the Agency Worker has completed the Qualifying Period, the rate of pay which will be paid for all time worked during an Assignment for each hour worked, as set out in the relevant Assignment Details Form;

  • Actual QP Rate of Pay means the rate of pay which will be paid to the Agency Worker if and when s/he completes the Qualifying Period, as set out in any variation to the relevant Assignment Details Form;

  • Minimum Disbursement Amount means Twenty-Five Thousand and No/100 Dollars ($25,000).

  • hourly rate of pay means an employee's weekly rate of pay divided by thirty-five (35).

  • Capitation rate means the fee the department pays monthly to an HMO for each enrolled recipient for the provision of covered medical and health services whether or not the enrolled recipient received services during the month for which the fee is intended.

  • Monthly Salary Rate means the amount agreed to by Owner that can be used on Applications for Payment throughout the Construction Phase to account for the monthly salary costs of Contractor’s salaried personnel assigned to the Project. A Monthly Salary Rate must be established for each salaried person and must be approved in writing by Owner in advance of any Application for Payment for that person. The Monthly Salary Rate is for convenience only and any payments made for Contractor’s personnel are subject to audit to determine the actual cost of the wages and allowable employer contributions incurred by Contractor for services performed. The initial Monthly Salary Rate is included in Exhibit “G” attached to this Agreement.

  • Minimum Tranche Amount has the meaning specified in Section 2.15(b).

  • FX Reduction Amount is defined in Section 2.1.3.

  • Non-Payment Period Rate means, initially, 200% of the applicable Reference Rate (or 275% of such rate if the Corporation has provided notification to the Auction Agent prior to the Auction establishing the Applicable Rate for any dividend pursuant to paragraph 2(f) hereof that net capital gains or other taxable income will be included in such dividend on shares of AMPS), provided that the Board of Directors of the Corporation shall have the authority to adjust, modify, alter or change from time to time the initial Non-Payment Period Rate if the Board of Directors of the Corporation determines and Moody's and S&P (and any Substitute Rating Agency in lieu of Moody's or S&P in the event either of such parties shall not rate the AMPS) advise the Corporation in writing that such adjustment, modification, alteration or change will not adversely affect their then-current ratings on the AMPS.

  • Ordinary rate of pay in Clause 17. - Annual Leave means the average rate the employee received for the four weeks preceding the taking of annual leave or the average rate received for the 12 months preceding such leave, whichever shall be the higher, provided that such average shall be computed taking into consideration any extra rates prescribed for night work, etc., and penalty rates for Sunday work where such work is part of the employee's normal working week of five days but excluding any amounts received by way of overtime or holiday penalty rates.

  • Base rate of pay means the rate of pay payable to the Employee for their Ordinary Hours of work, but not including any of the following: a) loadings; b) monetary allowances; c) overtime; and d) penalty rates.

  • Fixed Amount has the meaning assigned to such term in Section 1.10(c).

  • Current rate of pay means the member's actual hourly, daily, weekly, biweekly, monthly, or yearly rate of pay converted to an annual rate as defined in final rate of pay. The rate shall be certified by the employer;

  • Payment Cap For each Mortgage Loan, the percentage limit set forth in the related Mortgage Note concerning the maximum permitted increase in a monthly payment.

  • Final payment rate means the aggregate sum of the two components (the blended base amount and capital costs) that, when added together, form the final dollar value used to calculate each provider’s reimbursement amount when multiplied by the DRG weight. These dollar values are displayed on the rate table listing.