Plan of payment definition

Plan of payment means the method by which the offender is to make restitution. The plan may include legal financial obligations. The plan is to reflect the offender’s present circumstances, such as income, physical and mental health, education, employment and family circumstances.
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Plan of payment means the Plan of Payment and Distribution of the Settlement Fund described in Paragraphs 30-36 of the Terms of the Settlement below.
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Plan of payment. The Principal Partner X.X. XXXXX to the Joint Venture Agreement will pay $20,000 at the signing of this agreement. The Principal Partner will sign a promissory note for $430,000 which is the balance owed after the deposit. The note will be debt serviced during the first eighteen months from the earnings in the amount of 80% of the profit after expenses until the note is completely paid.
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Examples of Plan of payment in a sentence

  • Upon the approval of the Board of Trustees, including the Trustees that are not “interested persons” (as defined in the 1940 Act) and who have no direct or indirect financial interest in the operation of this Plan or in any agreements related to this Plan, of payment of fees under this Plan, the fee is accrued daily in a manner specified in the Trust’s Declaration of Trust and the Funds’ current prospectus, and paid monthly.

  • If an Executive Participant or a Senior Participant dies after his or her Plan Benefit Commencement Date, the form Plan Document - Supplemental Executive Retirement Plan of payment of the Retirement Benefit selected pursuant to Article IV shall determine the entitlement of a Beneficiary to any Retirement Benefit payable to such Beneficiary.

  • As of April 1, 2003 or, if later, the ninety-first day following delivery of notice to Members describing the elimination from this Plan of payment options as provided under the Profit Sharing Plan and the ESOP, such payment options shall be eliminated under this Plan for distributions to any Member whose Distribution Date is on or after said date.

  • A new section to chapter 14-08.1 of the North Dakota Century Code is16 created and enacted as follows:17 Past due support - Plan of payment - Work activities.18 1.

  • Upon the approval of the Board of Trustees, including the Trustees that are not "interested persons" (as defined in the 1940 Act) and who have no direct or indirect financial interest in the operation of this Plan or in any agreements related to this Plan, of payment of fees under this Plan, the fee is accrued daily in a manner specified in the Trust's Declaration of Trust and the Funds' current prospectus, and paid monthly.

Related to Plan of payment

  • Tariff Payment means the payments to be made under Monthly Bills as referred to in Article 10 and the relevant Supplementary Bills;

  • 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 the 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.

  • Payment Agreement means a written agreement which provides

  • 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.

  • the First Variation Agreement means the agreement a copy of which is set out in Schedule 2.

  • the Variation Agreement means the agreement a copy of which is set out in Schedule 2.

  • Interest Rate Protection Agreement means any interest rate swap agreement, interest rate cap agreement, interest collar agreement, interest rate hedging agreement or other similar agreement or arrangement.

  • Note Purchase Agreement means the Note Purchase Agreement, dated as of the Issuance Date, among the Company, the Subordination Agent, the Escrow Agent, the Paying Agent, and the Pass Through Trustee under each Pass Through Trust Agreement providing for, among other things, the issuance and sale of certain equipment notes, as the same may be amended, supplemented or otherwise modified from time to time in accordance with its terms.

  • the Second Supplementary Agreement means the Second Supplementary Agreement, a copy of which is set out in Schedule 3;

  • Variation Agreement means the agreement a copy of which is set out in Schedule 2;

  • Conciliation agreement means a written agreement setting forth the resolution of the issues in conciliation.