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In this subsection, the term 'capital lease' means any agreement under which a grantee acquires the right to use rolling stock or related equipment for a specified period of time, in exchange for a periodic payment.
(9 Base periodic payment.
(11)Total periodic payment.
The sum of the base periodic payment and any other charges that are part of the periodic payment.
The premium is a periodic payment for health or prescription drug coverage.
An itemization of any other charges that are part of the periodic payment.
Similar(28)
Here's how it works: You must agree to take the money out over an established period of time in substantial equal periodic payments, at least once a year, and you have to stick with the program until you reach 59-1/2 59-1/2of age or for five years, whichever is lofger.
The disclosure would include any extension fee paid in January and the periodic payments for the seven-month extension period beginning in March.
The total of the base periodic payments divided by the number of payment periods in the lease.
For example, 12 periodic payments of $1000 growing at 6% per period will be worth approximately $18,000 after the last period.
The department's national laboratories would continue to function normally for some period of time because they are run by contractors who receive periodic payments from the DOE to fund operations.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com