Actual Payment Definition: 381 Samples | Law Insider (2024)

Actual Payment

means, with respect to a Receivable and a Collection Period, all payments received by the Servicer from or for the account of the related Obligor on such Receivable during such Collection Period, net of any Supplemental Servicing Fees attributable to such Receivable.

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Actual Payment.

With respect to a Distribution Date and to a Scheduled Interest Receivable, all payments received by the Servicer from or for the account of the Obligor during the related Monthly Period (and, in the case of the first Monthly Period, all payments received by the Servicer from or for the account of the Obligor on or after the Applicable Cutoff Date) except for any Supplemental Servicing Fees. Actual Payments do not include Applied Payments Ahead.]

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Actual Payment.

With respect to a Distribution Date and a Lease, all payments received by the Servicer from or for the account of the Lessee during the related Monthly Period, except for any Overdue Payments, Supplemental Servicing Fees, Excluded Amounts or any payments with respect to Sales and Use Tax Amounts. Actual Payments do not include Applied Payments Ahead.

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Examples of Actual Payment in a sentence

  • The outstanding principal amount of each such Bond shall be reduced by the Instalment Amount with effect from the relevant Instalment Date, unless payment of the Instalment Amount is improperly withheld or refused, in which case such amount shall remain outstanding until the Actual Payment Date relating to such Instalment Amount.

  • Total Annual Actual Payment for Additional Services$0Contract Termination Fee:Contract Termination Fees may apply.

  • CREDITS, FOR FRINGE BENEFIT PAYMENTSSEE CALIFORNIA CODE OF REGULATIONS: TITLE 8, GROUP 3, ARTICLE 4,16200(i) Credit Available For Actual Payment of Fringe Benefit Costs up to the Prevailing Amount.

  • Future Allowed Amounts shall be reduced by the Excess Payment divided by the Actual Payment (sum of Inpatient and Outpatient Dollar Value), after future Allowed Amounts are adjusted for inflation using the Cumulative Hospital Inflation Adjustment and Cumulative Hospital Inflation Adjustment rates for each respective service type.

  • When a prime contractor determines that the subcontractor listed on the Contractor’s Affidavit Schedule of Work and Actual Payment Form (BDPS-FRM-213) is unable or is unwilling to perform the designated subcontracting function, the prime contractor must submit a completed M/WBE Subcontractor Change Form (BDPS-FRM-216) to the project manager for approval.


More Definitions of Actual Payment

Actual Payment

means, with respect to a Collection Period and a Receivable, all Scheduled Payments and prepayments received from or on behalf of an Obligor with respect to such Receivable, all of which amounts shall be deposited into the Collection Account during such Collection Period. An Actual Payment does not include Repurchase Prices.

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Actual Payment

means the total quantum of payment received by the shipyard pertaining to a shipbuilding Contract including such payment received subsequent to the delivery of the vessel as is duly certified by a Chartered Accountant registered with Institute of Chartered Accountants of India in the format prescribed at Annexure-III of these guidelines and supported by requisite documentary evidence.

Actual Paymentwith respect to a Payment Date and a Series 20 -SN Lease, all payments received by the Servicer from or for the account of the Lessee during the related Collection Period, except for any Overdue Payments, Supplemental Servicing Fees, Excluded Amounts or any payments with respect to Sales and Use Tax Amounts. Actual Payments do not include Applied Payments Ahead.

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Actual Payment

means, with respect to a Settlement Date and to a Receivable, all payments received by the Servicer from or for the account of the Obligor during the related Monthly Period (and, in the case of the first Settlement Date, all payments received by the Servicer from or for the account of the Obligor on or after the Cutoff Date) except for any Overdue Payments or Supplemental Servicing Fees.

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Actual Payment

means thetotal quantum of payment received by the shipyardpertaining to a shipbuilding Contractincluding such payment received subsequent to the delivery of the vessel as is duly certified by a Chartered Accountant registered with Institute of Chartered Accountants of Indiain the format prescribed at Annexure-III of these guidelines and supportedbyrequisite documentary evidence.

Actual Payment

means payment in cash/pay order/bank draft/cheque after it has been realized.

Actual Payment

means, with respect to a Collection Period and a Lease, all Scheduled Payments, Prepayments, proceeds from any Lease subject to a Casualty Loss, Final Lease Payments, Residual Receipts and Defaulted Residual Receipts received by the Servicer from or on behalf of a Lessee with respect to such Lease during such Collection Period. Actual Payments do not include Initial Unpaid Amounts, Reconveyance Amounts, Advance Payments and Servicer Advances.

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Actual Payment Definition: 381 Samples | Law Insider (2024)

FAQs

What is the meaning of actual payment? ›

Actual Payment means, with respect to a Receivable and a Collection Period, all payments received by the Servicer from or for the account of the related Obligor on such Receivable during such Collection Period, net of any Supplemental Servicing Fees attributable to such Receivable.

What does it mean to be provisionally awarded? ›

If you have been given a Provisional Award, meaning that the Board of Examiners were unable confirm a degree classification, you can appeal the decision of the Board once your final marks are approved and your degree classification is finalised.

What does actual mean in law? ›

Real; substantial; existing presently in act having a valid objective existence as opposed to that which is merely theoretical or possible.

What is the meaning of actual amount? ›

The accounting definition of actuals is just that: the amount of money that was actually received from a customer or paid for something purchased by a business.

What does provisionally mean in law? ›

provisional adj

1 : provided for a temporary need. : suitable or acceptable in the existing situation but subject to change or nullification [a government] [ custody of a minor]

What does it mean when an account is provisionally approved? ›

It means that it is approved pending certain things. Or, it can be approved provided that some other conditions are met. For example, a contract may be provisionally approved pending some minor language changes.

What does acceptance status provisional mean? ›

A provisional acceptance to a school means that you'll be admitted as long as you complete certain requirements (often classes to pass with a certain grade). As long as you complete the requirements by the stated deadline, you'll be admitted.

What is the meaning of actual money? ›

Answer and Explanation: Real money is the purchasing power that money has. There is often fluctuation in the value of real money caused by inflation. Because of this the prices of goods and services fluctuate depending on the state of the economy.

What does it mean when something is actual? ›

: existing in fact or reality.

What is the meaning of actual transaction? ›

an occasion when someone buys or sells something, or when money is exchanged or the activity of buying or ... See more at transaction. (Definition of actual and transaction from the Cambridge English Dictionary © Cambridge University Press)

What does it mean when someone says actual? ›

existing in act or fact; real: an actual case of heroism; actual expenses. Synonyms: veritable, authentic, genuine. Antonyms: fictional, unreal.

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