Scheduled Payment Date definition

Scheduled Payment Date means a date on which a payment or delivery is to be made under Section 2(a)(i) with respect to a Transaction.

Scheduled Payment Date means, with respect to any Scheduled Payment, the date on which such Scheduled Payment is scheduled to be made.

Scheduled Payment Date is the day you want your Xxxxxx to receive your bill payment, unless the Scheduled Payment Date falls on a non-Business Day in which case it will be considered to be the previous Business Day.

Examples of Scheduled Payment Date in a sentence

• Although we may be able to pay certain payees electronically within three business days of the Scheduled Payment Date, it may take longer for payments sent by mail, depending on the location of the payee and the speed of the mail.

• When the Service receives a Payment Instruction, you authorize the Service to debit your Payment Account and remit funds on your behalf so that the funds arrive as close as reasonably possible to the Scheduled Payment Date designated by you.

• When scheduling payments you must select a Scheduled Payment Date that is no later than the actual Due Date reflected on your Payee statement unless the Due Date falls on a non-Business Day.

• You are solely responsible for any damages, such as late charges, that may be imposed as a result of your failure to identify the correct Scheduled Payment Date and transmit your payment instructions to us in a timely manner.

• If the actual Due Date falls on a non-Business Day, you must select a Scheduled Payment Date that is at least one (1) Business Day before the actual Due Date.

More Definitions of Scheduled Payment Date

Scheduled Payment Date means, with respect to each Tranche of Securitization Bonds, each Payment Date on which principal for such Tranche is to be paid in accordance with the Expected Amortization Schedule for such Tranche.

Scheduled Payment Date has the meaning specified in the Series Supplement with respect to each Tranche of Recovery Bonds.

Scheduled Payment Date means, in relation to payments under the Covered Bond Guarantee, each Interest Payment Date or the Final Maturity Date as if the Covered Bonds had not become due and repayable prior to their Final Maturity Date;

Scheduled Payment Date means each of the Class A Scheduled Payment Date, the Class B Scheduled Payment Date and the Class C Scheduled Payment Date.

Scheduled Payment Date means, with respect to each Tranche of Storm Recovery Bonds, each Payment Date on which principal for such Tranche is to be paid in accordance with the Expected Sinking Fund Schedule for such Tranche.

Scheduled Payment Date shall have the meaning set forth in the Note.

Scheduled Payment Date means the March 2009 Distribution Date. "Series 1999-B" shall mean the Series of the MBNA Master Credit Card Trust II represented by the Investor Certificates. "Series 1999-B Certificateholders" shall mean the holder of record of a Series 1999-B Certificate. "Series 1999-B Certificates" shall mean the Class A Certificates and the Class B Certificates. "Series 1999-B Pay Out Event" shall have the meaning specified in Section 9 hereof. "Series 1999-B Termination Date" shall mean the earliest to occur of (a) the Distribution Date on which the Investor Interest is paid in full, (b) the August 2011 Distribution Date and (c) the Trust Termination Date. "Series Principal Shortfall" shall mean with respect to any Transfer Date, the excess, if any, of (a) (i) with respect to any Transfer Date relating to the Controlled Accumulation Period, the Controlled Deposit Amount for such Transfer Date, and (ii) with respect to any Transfer Date relating to the Rapid Accumulation Period or the Rapid Amortization Period, the Adjusted Investor Interest over (b) the Investor Principal Collections minus the Reallocated Principal Collections for such Transfer Date. "Series Servicing Fee Percentage" shall mean 2.0%. "Servicer Interchange" shall mean, for any Transfer Date, the portion of Collections of Finance Charge Receivables allocated to the Investor Certificates and deposited in the Finance Charge Account with respect to the related Monthly Period that is attributable to Interchange; provided, however, that Servicer Interchange for any Transfer Date shall not exceed one-twelfth of the product of (i) the Adjusted Investor Interest as of the last day of the related Monthly Period and (ii) 0.75%; provided further, however, with respect to the first Transfer Date, the Servicer Interchange may equal but shall not exceed $546,875. "Shared Principal Collections" shall mean, with respect to any Transfer Date, either (a) the amount allocated to the Investor Certificates which may be applied to the Series Principal Shortfall with respect to other outstanding Series in Group One or (b) the amounts allocated to the investor certificates of other Series in Group One which the applicable Supplements for such Series specify are to be treated as "Shared Principal Collections" and which may be applied to cover the Series Principal Shortfall with respect to the Investor Certificates. "Supplemental Swap Letter" shall mean that certain letter agreement designated as the Supplemental Swap Letter, ...