Installment Payment Method definition

Installment Payment Method shall have the meaning set forth in Section 8.05(d).
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Installment Payment Method shall have the meaning set forth in Section 8.05(d). “Interest Payment Date” shall mean each date on which interest is due, as specified in an Ex-Im Bank Approval.
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Installment Payment Method means the Actuarial Equivalent of the Participant's Vested SERP Benefit, calculated under the Lump Sum Payment Method but payable in equal monthly installments of principal on the first day of each calendar month over 5, 10 or 15 years, as properly elected by the Participant pursuant to the Committee's rules and procedures as may be in effect from time to time, with interest at the Moody's Rate, compounded annually and payable monthly along with the principal payment. The "Moody's Rate" for any calendar year shall be an interest rate, stated as an annual rate, that is published in Moody's Bond Record under the heading of "Moody's Corporate Bond Yield Averages—Av. Corp" (or any successor to this published rate), for the month of November prior to the commencement of such calendar year for which the rate is to be used. Payments shall commence the first day of the calendar month after the Retirement Date, Deemed Retirement Date, Disability Date, or the date of death, as the case may be.
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Examples of Installment Payment Method in a sentence

  • If the Installment Payment Method described in Section A(1) is elected, the Director's beneficiary designation shall be made at the Beneficiary Designation at the end of this Agreement.

  • The Director elects the form of cash benefit as follows (initial as desired): X The Installment Payment Method described in Section A(1).

  • Ex-Im Bank’s payments under each Comprehensive Guarantee shall be made as follows: (a) with respect to any Floating Rate Notes, the Accelerated Payment Method shall apply; and (b) with respect to any Fixed Rate Notes, the Installment Payment Method shall apply.

  • Notwithstanding Sections 4.08 and 8.05 (c) and (d) of the Master Guarantee Agreement, Ex-Im Bank may, at its sole option, satisfy the Lenders Claim demand by either the Accelerated Payment Method or the Installment Payment Method.

  • Ex-Im Bank’s payments under each Guarantee of an Approved Credit shall be made as follows: (a) with respect to any Floating Rate Debt Document, the Accelerated Payment Method shall apply; and (b) with respect to any Fixed Rate Debt Document, the Installment Payment Method shall apply.

  • Other Withdrawals of the entire Investment Value allocated to the Fixed Rate Investment Option may be disbursed pursuant to the Installment Payment Method if so requested by the Contractowner.

  • Fax: Telephone: E-mail The person executing this Assignment on behalf of is duly authorized to do so; 3 This paragraph to be added only if the Installment Payment Method is applicable with respect to the assigned Note.

  • The Director elects the form of cash benefit as follows (initial as desired): ________ The Installment Payment Method described in Section A(1).

  • In making a demand for payment on Eximbank in accordance with this Section 3.1(a), the Servicer shall select the Installment Payment Method (as such term is defined in the applicable Eximbank Guarantee Agreement).

  • The Director elects the form of cash benefit as follows (initial as desired): The Installment Payment Method described in Section A(1).


More Definitions of Installment Payment Method

Installment Payment Method means the method by which Eximbank shall pay a claim under this Guarantee Agreement with respect to the Fixed Rate Notes as set forth in Section 7(a)(ii) hereof;
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Related to Installment Payment Method

  • Installment Payment has the meaning ascribed to it in Section 2.02(a).

  • Installment Payment Date means the date on which an installment payment of an assessment is payable.

  • Installment Payments shall have the meaning set forth in Section 5(b)(ii).

  • Payment Method means, in relation to any sum stated to be payable or paid pursuant to the Agreement, account name, account number, bank name, swift code, bank code and branch code or wallet address, in the case of a sum stated to be payable or paid by cryptocurrency specified by the payee of such sum at least five Business Days prior to the date of payment to the payee and in the case of Coinllectibles to the account notified to the payer from time to time and the payment of the Sale Price to Coinllectibles, which shall be paid by the Purchaser as soon as practicable after each sale of the DOT.

  • Installment Amount means the sum of (A) (i) with respect to any Installment Date other than the Maturity Date, the lesser of (x) the Holder Pro Rata Amount of $1,437,500 and (y) the Principal amount then outstanding under this Note as of such Installment Date, and (ii) with respect to the Installment Date that is the Maturity Date, the Principal amount then outstanding under this Note as of such Installment Date (in each case, as any such Installment Amount may be reduced pursuant to the terms of this Note, whether upon conversion, redemption or Deferral), (B) any Deferral Amount deferred pursuant to Section 8(d) and included in such Installment Amount in accordance therewith, (C) any Acceleration Amount accelerated pursuant to Section 8(e) and included in such Installment Amount in accordance therewith and (D) in each case of clauses (A) through (C) above, the sum of any accrued and unpaid Interest as of such Installment Date under this Note, if any, and accrued and unpaid Late Charges, if any, under this Note as of such Installment Date. In the event the Holder shall sell or otherwise transfer any portion of this Note, the transferee shall be allocated a pro rata portion of each unpaid Installment Amount hereunder.