Bill Payment Transaction definition

Bill Payment Transaction means instructions or transactions made through the Electronics Services system to authorize the Bank to debit any sum from the Applicant’s Account and transfer such sum to other person’s account for payment of goods or services pursuant to bill or invoice of the Applicant and/or other person, whether such bill or invoice is in whatever form.
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Examples of Bill Payment Transaction in a sentence

  • If you terminate your Plan and/or your Recurring Bill Payment Transaction on your UOB Card within 6 months after the end of the Promotion Period, we may, at our discretion, forfeit or reclaim the Gift awarded through such means as we may determine in our sole discretion.

  • The Bank notified the Applicant of any temporary interruption of the fund transfer and/or payment and/or provision of services before or during the Fund Transfer Transaction, the Bill Payment Transaction and/or the use of services.

  • In case of the occurrence of the Fund Transfer Transaction or the Bill Payment Transaction through the Bank’s Electronic Services system is fraudulent and without the Applicant’s fault.

  • In addition, You authorize Us to obtain information regarding Your Bill Payment Transaction from a merchant or other Payee to resolve payment-pending problems.

  • In addition, You authorize Us to obtain information regarding Your Home Banking transfer and/or Bill Payment Transaction from a merchant or other Payee to resolve payment-pending problems.

  • You may initiate a Mobile Bill Payment Transaction to any new Payees that are not currently on your Payee list as established pursuant to our Bill Payment Service terms and conditions.

  • Having avoided trouble and buying land, it is only natural to want to get started with building so that there are no encroachment issues as well as default in construction commencement, cropping up.

  • Merchant shall not establish minimum or maximum PIN-less Bill Payment Transaction amounts.

  • Merchant must also obtain explicit confirmation that the Cardholder understands and agrees that the funds will be immediately debited from their account upon approval of the Transaction, before submission of the PIN-less Bill Payment Transaction.

  • Company will not establish minimum or maximum PIN-less Bill Payment Transaction amounts.

Related to Bill Payment Transaction

  • Relevant Transaction has the meaning specified in Section 2.05(b)(ii).

  • Retail installment transaction means retail installment transaction as defined in section 2 of the retail installment sales act, Act No. 224 of the Public Acts of 1966, being section 445.852 of the Michigan Compiled Laws.

  • Transaction Amount means the aggregate value of all of the issued and outstanding REIT Shares using a per share value equal to the per share value paid to the Stockholders in an Extraordinary Transaction. Transfer has the meaning set forth in Section 9.2(a) hereof. Value means, with respect to REIT Shares, the average of the daily market price of such REIT Share for the ten (10) consecutive trading days immediately preceding the date of such valuation. The market price for each such trading day shall be: (i) if the REIT Shares are Listed, the sale price, regular way, on such day, or if no such sale takes place on such day, the average of the closing bid and asked prices, regular way, on such day; (ii) if the REIT Shares are not Listed, the last reported sale price on such day or, if no sale takes place on such day, the average of the closing bid and asked prices on such day, as reported by a reliable quotation source designated by the General Partner; or (iii) if the REIT Shares are not Listed and no such last reported sale price or closing bid and asked prices are available, the average of the reported high bid and low asked prices on such day, as reported by a reliable quotation source designated by the General Partner, or if there shall be no bid and asked prices on such day, the average of the high bid and low asked prices, as so reported, on the most recent day (not more than ten (10) days prior to the date in question) for which prices have been so reported; provided that if there are no bid and asked prices reported during the ten (10) days prior to the date in question, the value of the REIT Shares shall be determined by the General Partner acting in good faith on the basis of such quotations and other information as it considers, in its reasonable judgment, appropriate. In the event the REIT Shares Amount includes rights that a holder of REIT Shares would be entitled to receive, then the value of such rights shall be determined by the General Partner acting in good faith on the basis of such quotations and other information as it considers, in its reasonable judgment, appropriate.

  • Transaction Fee means the fee, in respect of a Sub-Fund, which may be charged for the benefit of the Trustee, the Registrar and/or the Service Agent or the Conversion Agent (as the case may be) to each Participating Dealer on each Dealing Day upon which an Application has been or Applications have been made by the relevant Participating Dealer.