Automatic Transfer definition

Automatic Transfer means a withdrawal of your Account balance that is initiated by PayPal. If your Account is registered in one of the Automatic Transfer Countries, then your balance will be regularly withdrawn to your linked financial instrument pursuant to these terms and conditions.
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Automatic Transfer means an authority and request by you to us to debit a specified amount from your account and to credit that amount to another account held by you or someone else either with us or with another financial institution.
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Automatic Transfer means a withdrawal of your Account balance that is initiated by PayPal. If your Account is registered in one of the Automatic Transfer Countries, then your balance will be regularlywithdrawn to your linked financial instrument pursuant to these terms and conditions.
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Examples of Automatic Transfer in a sentence

  • Thus, those transaction accounts that are not demand deposits – NOW accounts, ATS (Automatic Transfer Service) accounts, and telephone and preauthorized transfer accounts – are excluded from Regulation D time and savings deposits.

  • For additional terms regarding Automatic Transfer, please click here.

  • The continuation of benefits under this Section is subject to the employee’s payment of any required employee contribution under Article 16, Section 4.

  • Thus, those transaction accounts that are not demand deposits--NOW accounts, ATS (Automatic Transfer Service) accounts, and telephone and preauthorized transfer accounts--are excluded from Regulation D time and savings deposits.

  • The Automatic Transfer Strategy will not be applicable if the source Fund Value is less than the amount nominated for transfer.

  • If you are a resident of an Automatic Transfer Country, then you have the ability to receive payments but you must withdraw the full amount of your payment through an available withdrawal method.

  • The LESSOR shall provide a back-up generator, acceptable to the LESSEE, with a total capacity of at least one thousand five hundred (1,500) kilovolt amperes (“KVA”), equipped with an Automatic Transfer Switch (ATS), and should be capable of supplying power requirements for an uninterrupted gaming operations in the area/facility and can provide 100% back up power for the electrical and air-conditioning requirements of the Leased Premises in the event of electricity shortages and power interruptions.

  • Buyer and its Affiliates shall not propose any change to any Automatic Transfer Employee’s working conditions or terms and conditions or employment or otherwise take any action (including communication with any Automatic Transfer Employee or Employee Representative) that is intended to cause an Automatic Transfer Employee to resign prior to the Closing.

  • In the event of an Automatic Transfer, Transfers of Contract Value from the Fixed Account shall be made: first from Fixed Account Contract Value for which the Guarantee Period expires during the calendar month during which the Transfer is effected; then in the order that starts with Fixed Account Contract Value that has the longest amount of time remaining before its Guarantee Period expires; and ends with that which has the least amount of time remaining before its Guarantee Period expires.

  • Contract Value may be transferred from the Fixed Account only: during the calendar month in which the applicable Guarantee Period expires; or pursuant to an Automatic Transfer.


More Definitions of Automatic Transfer

Automatic Transfer. Means a transaction by which, based on an instruction delivered by the Client in advance, the Bank automatically debits the Client’s account, and credits the accounts of persons and/or entities specified by the Client.
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Automatic Transfer means the occurrence of the following prior to the maturity date:
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Automatic Transfer means a payment of a specified amount to go from the Withdrawal Account to a nominated Deposit Account which is set to occur repeatedly at a frequency specified in the User’s Transaction Request.
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Automatic Transfer means the automatic transfer of interests in the Notes from the Pre-Transfer Holders to the Parent (or another entity within the Group), for nil consideration, prior to the Stated Maturity, in accordance with the provisions of this First Supplemental Indenture.
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Automatic Transfer means an authority and request by you to us to debit a specified amount from your account and to credit that
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Related to Automatic Transfer

  • Automatic Termination shall have the meaning set forth in Section 2.3.2.

  • Automatic Conversion means the irrevocable and automatic release of all of the Issuer’s obligations under the Securities (other than the CSO Obligations, if any) in consideration of the Issuer’s issuance of the Conversion Shares at the Conversion Price to the Conversion Shares Depository (on behalf of the holders of the Securities) or to the relevant recipient, in accordance with the terms of the Securities.

  • Automatic firearm means any firearm designed or specially adapted to fire a succession of cartridges with a single function of the trigger.

  • Permitted Transfer has the meaning set forth in Section 10.02.

  • Exempt Transfer means, in relation to shares held by a member:

  • Public transit means a location, including, but not limited to, a bus stop or train station, where the public may access buses, trains, subways, and other forms of transportation that charge set fares, run on fixed routes, and are available to the public.

  • Automatic Route Selection (“ARS”) is a service feature associated with a specific grouping of lines that provides for automatic selection of the least expensive or most appropriate transmission facility for each call based on criteria programmed into the system.

  • Automatic Exchange has the meaning ascribed thereto in the Share Exchange Agreement.

  • Transfer Event means (i) a transfer of the ownership of a project, (ii) the sale or assignment of a partnership interest in a project owner and/or (iii) the refinancing of secured debt on a project. The following shall not be deemed a Transfer Event: (i) the transfer of the project or a partnership or membership interest in a project owner in which reserves remain with the project and the debt encumbering the project is not increased, refinanced or otherwise modified, (ii) the refinancing of project debt which does not increase the outstanding principal balance of the debt other than in the amount of the closing costs and fees paid to the project lender and third parties as transaction

  • Type III transfer means that term as defined under Section 3(c) of the Executive Organization Act of 1965, 1965 PA 380, MCL 16.103.

  • Automatic Conversion Date shall have the meaning specified in Section 15.12(a).

  • Non-Transfer Event means any event or other changes in circumstances other than a purported Transfer, including, without limitation, any change in the value of any Shares.

  • Automatic Renewal Terms with TIPS Members Certification Regarding "Indemnity" Terms with TIPS Members Certification Regarding "Arbitration" Terms with TIPS Members

  • Automatic Exercise Date means, with respect to an Option or a Stock Appreciation Right, the last business day of the applicable Option Term or Stock Appreciation Right Term that was initially established by the Administrator for such Option or Stock Appreciation Right (e.g., the last business day prior to the tenth anniversary of the date of grant of such Option or Stock Appreciation Right if the Option or Stock Appreciation Right initially had a ten-year Option Term or Stock Appreciation Right Term, as applicable).

  • Automatic Exercise Applicable; and means that for each Expiration Date, a number of Warrants equal to the Daily Number of Warrants for such Expiration Date will be deemed to be automatically exercised at the Expiration Time on such Expiration Date.

  • Excluded Transfer means any transfer of VMTP Shares (1) to a tender option bond trust in which the Purchaser and/or its Affiliates collectively own all of the residual interests, (2) in connection with a distribution in-kind to the holders of securities of or receipts representing an ownership interest in any tender option bond trust in which the Purchaser and/or its Affiliates collectively own all of the residual interests, (3) in connection with a repurchase financing transaction or (4) relating to a collateral pledge arrangement.

  • Automatic Early Redemption Event means that:

  • Type II transfer means that phrase as defined by Section 3 of the Executive Organization Act of 1965, 1965 PA 380, MCL 16.103.

  • Automatic Early Termination provision of Section 6(a) will not apply to Party A and will not apply to Party B.

  • Asset Transfer means a sale, lease or other disposition of all or substantially all of the assets of the Company.

  • Transfer of Control means an Ownership Change Event or a series of related Ownership Change Events (collectively, the “Transaction”) wherein the stockholders of the Company immediately before the Transaction do not retain immediately after the Transaction, in substantially the same proportions as their ownership of shares of the Company’s voting stock immediately before the Transaction, direct or indirect beneficial ownership of more than fifty percent (50%) of the total combined voting power of the outstanding voting stock of the Company or the corporation or corporations to which the assets of the Company were transferred (the “Transferee Corporation(s)”), as the case may be. For purposes of the preceding sentence, indirect beneficial ownership shall include, without limitation, an interest resulting from ownership of the voting stock of one or more corporations which, as a result of the Transaction, own the Company or the Transferee Corporation(s), as the case may be, either directly or through one or more subsidiary corporations. The Board shall have the right to determine whether multiple sales or exchanges of the voting stock of the Company or multiple Ownership Change Events are related, and its determination shall be final, binding and conclusive.

  • Phone/Electronic Transaction means any (1) redemption of shares issued by an Investment Company, (2) election concerning dividend options available to Fund shareholders, (3) exchange of shares in a registered account of one Fund into shares in an identically registered account of another Fund in the same complex pursuant to exchange privileges of the two Funds, or (4) purchase of shares issued by an Investment Company, which redemption, election, exchange or purchase is requested by voice over the telephone or through an Electronic Transmission.

  • Early Opt-in Election means the occurrence of:

  • Phone/Electronic Transaction means any (1) redemption of shares issued by an Investment Company, (2) election concerning dividend options available to Fund shareholders, (3) exchange of shares in a registered account of one Fund into shares in an identically registered account of another Fund in the same complex pursuant to exchange privileges of the two Funds, or (4) purchase of shares issued by an Investment Company, which redemption, election, exchange or purchase is requested by voice over the telephone or through an Electronic Transmission.

  • Post-Event Transferee shall have the meaning set forth in Section 7(e) hereof.

  • Servicing Transfer Event means any of the events specified in the Servicing Agreement, whereby the servicing of the Mortgage Loan is required to be transferred to the Special Servicer from the Master Servicer.