Payment Mode definition

Payment Mode means the various modes by which a payment can be made by a Customer to the Merchant through the POS or equipment for the goods sold / services rendered by the Merchant i.e. (i) Card; (ii) any payment wallet issued by a RBI authorized Prepaid Payment Instrument license holder; (iii) any platform that allows payment by way of Unified Payments Interface; and (iv) and such other form of payment acceptance method as provided by RapiPay from time to time including but not limited payment processing services rendered by Non-Banking Financial Institutions.

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Payment Mode. [Monthly] Period Certain: [None] Income Start Date: [January 1, 2007] [Initial Fixed Income Payment: $200.00] Minimum Fixed Income Payment: [$100.00] [Fixed Account Interest Rate: 3%] Fixed Income Payment Cost of Living Adjustment Percentage: [3%] Variable Payout Rate: [5.16 per $1,000.00] Assumed Interest Rate: [4%] IF YOU HAVE A QUESTION, WOULD LIKE TO OBTAIN INFORMATION ABOUT YOUR CONTRACT, OR IF YOU NEED ASSISTANCE RESOLVING A COMPLAINT, PLEASE CONTACT YOUR SALES REPRESENTATIVE OR CALL OUR [ANNUITY SERVICE DEPARTMENT] TOLL FREE AT [▇▇▇-▇▇▇-▇▇▇▇].

Payment Mode. In Arrears Amortization Method: Simple Int.

Examples of Payment Mode in a sentence

• Interest shall be payable on overdue principal on this bond and (to the extent legally enforceable) on any overdue installment of interest on this bond at the Post-Default Rate specified in the Indenture (or if not specified in a bond in Direct Payment Mode, as specified in the Direct Purchase Agreement applicable to such bond).

• If a Secondary Life was designated, then prior to the death of either the Annuitant or the Secondary Life, the revised annuity factor is based upon, as of the Valuation Date of the Periodic Income Payment: the ages and sexes of the Annuitant and the Secondary Life; the Periodic Income Payment Mode; the length of time remaining in the Access Period; the Assumed Interest Rate; and when applicable the 1983 'a' Individual Annuity Mortality Table, modified.

• Terms: Down Payment: Note Period: Interest Rate: Payment Mode: Balloon Note: Mo. YES S.A. ▇▇▇.

• NO DUE DATE Placement Fee Payment Mode REMARK CHEQUE/CASH TOTAL: In consideration of providing FDW for the Employer's employment.

• After the deaths of both the Annuitant and the Secondary Life the revised annuity factor is based only upon, as of the Valuation Date of the Periodic Income Payment, the Periodic Income Payment Mode; an Access Period (See:Death before the Lifetime Income Period); and the Assumed Interest Rate.

• Upon receipt of due proof of the death of the Annuitant, the revised annuity factor is based upon, as of the Valuation Date of the Periodic Income Payment, the Periodic Income Payment Mode; an Access Period (See: Death before the Lifetime Income Period); and the Assumed Interest Rate.

• The annuity factor is based upon, as of the Periodic Income Commencement Date, the age and sex of the Annuitant; the age and sex of the Secondary Life, if applicable; the Periodic Income Payment Mode; the length of the Access Period; the Assumed Interest Rate and when applicable the 1983 'a' Individual Annuity Mortality Table, modified.

• The Company reserves the right to use a less frequent Payment Mode to make Income Payments at least equal to one hundred dollars ($100.00) per Payee.

• If an election is made to adjust Periodic Income Payments on an annual basis, the monthly Periodic Income Payment Mode must be chosen.

• If a Secondary Life was not designated, prior to the death of the Annuitant, the revised annuity factor is based upon, as of the Valuation Date of the Periodic Income Payment: the age and sex of the Annuitant; the Periodic Income Payment Mode; the length of time remaining in the Access Period; the Assumed Interest Rate; and when applicable the 1983 'a' Individual Annuity Mortality Table, modified.