Bank Payment definition

Bank Payment means a Transaction where the funds are drawn directly from a Bankholder's bank account.
View Source
Bank Payment a Load made from a valid bank account using the Direct Debit scheme or any similar supported bank transfer functionality offered by us to Parents; "Business Day" a day (other than a Saturday or Sunday) on which banks are open for normal banking business in the City of London;
View Source
Bank Payment means the payment between a participant in the system and CBK;
View Source

Examples of Bank Payment in a sentence

  • Without limiting the foregoing, any and all Bank Payment Deliverables received by Seller at any time (and any and all Bank Payment Deliverables that are or are deemed to be in or under the custody, possession or control of Seller at any time) shall be held in trust by Seller as the property and for the benefit of Bank.

  • Paragraph 1 - The Authorization Price shall be paid to the Telecommunications Monitoring Fund - FISTEL, by means of Bank Payment Slip (s) issued by ▇▇▇▇▇▇.

  • Paragraph 1 - The Authorization Price shall be paid to the Telecommunications Monitoring Fund - FISTEL, by means of Bank Payment Slip (s) issued by A▇▇▇▇▇.

  • The final decision on whether a Transaction can be converted to EMI is taken solely by the respective Issuing Bank/ Payment Instrument Provider.

  • Im Bank’s first payment under this Agreement in accordance with the Disbursement Payment Method, until the amounts assigned to Ex-Im Bank under this Agreement with respect to such Credit have been paid in full, the Lender or the Noteholder, as the case may be, shall forward promptly to Ex-Im Bank such Non-Ex-Im Bank Payment.

  • You agree that you shall not have the right to amend a Bank Payment other than to void or cancel the Bank Payment prior to settlement.

  • Entity also acknowledges that the services provided by the Bank(s) and Payment Gateway Provider(s) to the Third Party Service Provider which is passed on to Entity under this Agreement, can be in any event be brought to an abrupt end in any event whatsoever by the Bank(s) and Payment Gateway Provider(s) for any reason whatsoever, by providing such notice as applicable by the Bank/ Payment Gateway Provider.

  • You are solely responsible for obtaining authorization to debit your Customer's bank account for each Bank Payment, and you agree that you shall obtain such authorization for each Bank Payment before you create a Payment Order You represent and warrant that you have obtained all necessary authorizations from a Customer when you create a Payment Order in respect of that Customer.

  • You shall make no cash refunds on Transactions, except Bank Payment Transactions, and shall handle all credit adjustments as provided in this Section.

  • If no Notice of Bank Termination Delivery is received by Bank within the time specified in the preceding sentence, Bank shall have the right, in its sole discretion, to satisfy any Bank Payment Obligation by delivery of the Termination Delivery Units by promptly notifying Counterparty.


More Definitions of Bank Payment

Bank Payment shall have the meaning ascribed thereto in Section 3.2.
View Source
Bank Payment means an amount equal to the lower of:
View Source

Related to Bank Payment

  • Loan Payment means any amount payable by the Loan Parties to the Bank pursuant to the Legal Agreements or these General Conditions, including (but not limited to) any amount of the Withdrawn Loan Balance, interest, the Front-end Fee, interest at the Default Interest Rate (if any), any prepayment premium, any transaction fee for a Conversion or early termination of a Conversion, any premium payable upon the establishment of an Interest Rate Cap or Interest Rate Collar, and any Unwinding Amount payable by the Borrower.”

  • PIK Payment means the payment of any PIK Interest on the Notes.

  • Delta Payment means as it is described in this Agreement.

  • LC Payment Date is defined in Section 2.20.5.

  • Default Fee means with respect to any amount due and payable by Seller in respect of any Aggregate Unpaids, an amount equal to the greater of (i) $1000 and (ii) interest on any such unpaid Aggregate Unpaids at a rate per annum equal to 2% above the Prime Rate.