Single Payment definition
Single Payment means a one-time Payment scheduled by you on a date you select. “Recurring Payment” means a Payment scheduled by you to send automatically on a certain date over a specified period of time. You agree that payments made using Bill Pay are the same as those made using paper checks, drafts, transfers, or online payments and are bound by the same rules, regulations, state, and federal laws. You agree that, when you use Bill Pay, you remain subject to the terms and conditions of this Agreement in addition to the terms and conditions in our other agreements with you and with any unaffiliated service providers, including, but not limited to, your Internet service provider or mobile service provider and that this Agreement does not amend or supersede any of those unaffiliated service provider agreements. You understand that those agreements with unaffiliated service providers may provide for fees, limitations and restrictions that might affect your use of Bill Pay (such as data usage or text messaging charges imposed on you by your mobile or internet service provider for your use of or interaction with Bill Pay), and you agree to be solely responsible for all such fees, limitations and restrictions. You agree that any unaffiliated service provider is responsible for its products and services. Accordingly, you agree to resolve any problems with those products and services directly with your unaffiliated service provider.
Single Payment. , where applicable, means the prepayment of all the required premiums at a discount and is specified as Single Payment in Policy Schedule 1.
Single Payment. The borrower repays the lender all at once by the date specified by the lender OR “on-demand” by the lender. With a “Due on Demand” payment option, the borrower repays the loan upon the lender’s demand. If you choose regular payments, you must specify the repayment schedule, which can be monthly, quarterly, semi-annual or annual installments. An example of where to include information about repayment in our loan agreement template Step 4 – Choose How the Loan Will Be Secured (Optional) If you want the loan to be secured, you can include the property the borrower has put up for collateral here. Make sure you are specific, providing as many relevant details as possible. Both parties must mutually agree upon this property for it to be legally valid in court. An example of where to include information regarding collateral in our loan agreement template Step 5 – Provide a Guarantor (Optional) A cosigner or guarantor is optional and protects the lender if the borrower defaults on the Loan Agreement. You may require a cosigner if the borrower is in questionable financial standing. The cosigner is someone who jointly signs the agreement with the borrower. If the borrower defaults and cannot pay back the amount in full, the cosigner is responsible for paying you back the due amount. The cosigner is usually someone in good financial standing or has excellent credit. An example of where to include information regarding guarantors and co-signers in our loan agreement template Step 6 – Specify an Interest Rate You should include the interest rate you will be charging the borrower in a percentage. This interest rate will be applied to the principal amount of the loan, and the borrower must agree to this rate. An example of where to include the interest rate in our loan agreement template Step 7 – Include Late Fees (Optional) As a lender, you can charge late fees if the borrower does not meet a payment in time. Including a late fee can motivate the borrower to make payments on the agreed dates. An example of where to include late payment fees in a loan agreement Step 8 – Determine Options for Prepayment You can include whether penalties or discounts will be applied if the borrower decides to pay the loan amount ahead of schedule. Alternatively, you can explicitly state that the agreement does not allow prepayment of the loan. A penalty is usually applied to deter the borrower from paying the loan back early and to encourage long-term payments. The loan would then accrue ...
Examples of Single Payment in a sentence
The payment Send On date for a Single Payment may not be more than one year from the day you schedule the Single Payment.
Date changes are effective: Changes will only apply to Single Payment Service Transaction Contracts which are entered into on or after the date upon which the changes become effective.
Notice of changes: We will give you advanced notice of such changes to a Single Payment Service and will post them on our Website so that you can view them when you next log in.
Single Payment - You may schedule a payment to be made one time to a Payee.
Type of Payment Date/Time of Cancelling Single Payments Same Day Single Payment If you scheduled a single payment to be processed on the same day your payment request was submitted, you must cancel by 9:00pm EST on the day your payment request was submitted.
More Definitions of Single Payment
Single Payment. The borrower repays the lender all at once by the date specified by the lender OR “on-demand” by the lender. With a “Due on Demand” payment option, the borrower repays the loan upon the lender’s demand. If you choose regular payments, you must specify the repayment schedule, which can be monthly, quarterly, semi-annual or annual installments. An example of where to include information about repayment in our loan agreement template Step 4 – Choose How the Loan Will Be Secured (Optional) If you want the loan to be secured, you can include the property the borrower has put up for collateral here. Make sure you are specific, providing as many relevant details as possible. Both parties must mutually agree upon this property for it to be legally valid in court. An example of where to include information regarding collateral in our loan agreement template Step 5 – Provide a Guarantor (Optional) A cosigner or guarantor is optional and protects the lender if the borrower defaults on the Loan Agreement.
Single Payment. Enclose one check for full amount. Monthly Installments: Enclose five checks, one with today’s date and the others post dated for July 1, August 1, September 1, October 1. Please make the checks out for the same amounts. Divide your total amount by five and enter that value to each check.
Single Payment. The borrower repays the lender all at once by the date specified by the lender OR “on-demand” by the lender. With a “Due on Demand” payment option, the borrower repays the loan upon the lender’s demand. If you choose regular payments, you must specify the repayment schedule, which can be monthly, quarterly, semi-annual or annual installments. An example of where to include information about repayment in our loan agreement template Step 4 – Choose How the Loan Will Be Secured (Optional) If you want the loan to be secured, you can include the property the borrower has put up for collateral here. Make sure you are specific, providing as many relevant details as possible.
Single Payment. Any increase will take the form of a larger amount due at maturity. For example, if my loan was for $10,000 at 15% for 90 days and the rate increased to 15.5% in 45 days, my final payment would increase by $6.
Single Payment. The borrower repays the lender all at once by the date specified by the lender OR “on-demand” by the lender. With a “Due on Demand” payment option, the borrower repays the loan upon the lender’s demand. If you choose regular payments, you must specify the repayment schedule, which can be monthly, quarterly, semi-annual or
Single Payment. Enclose one check for full amount. PLEASE SEND FORM AND PAYMENT TO: ▇▇▇▇▇ Swale Farm ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇ ▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Small Veggie Share: 22 boxes delivered weekly June- Oct Salad Lovers Add-on: 3/4 lb bag of mixed salad greens delivered twice monthly June- Oct $65 for the season Late Season Veggie Share: 3 larger boxes delivered weekly November 7, 14 and 21 (reserve by Nov. 1)
Single Payment. [$x] Guideline Level Payment: [$x] Guaranteed Death Benefit Payment: [$x] Final Payment Date: [01/01/1999] Maturity Date: [01/01/2059] Initial Payment Allocation: Variable Sub-Accounts [30% Transamerica VIF Growth Portfolio 20% Alliance VPF Premier Growth 20% Dreyfus VIF Capital Appreciation 20% OCC Accumulation Trust Managed 5% Janus Aspen Worldwide Growth Fixed Account [5%] Initial Interest Rate: [4%] Advisers: Transamerica Occidental Life Insurance Company Alliance Capital Management L.P. The Dreyfus Corporation OpCap Advisors Janus Capital Corporation] Specification