Business PAD definition

Business PAD shall have the meaning set forth in the Pre-Authorized Debt Rules.
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Business PAD means a PAD drawn on the account of a Payor for the payment of goods or services related to a business or commercial activity of the Payor, including, but not limited to, payments between franchisees and franchisors, distributors and suppliers, and dealers and manufacturers.
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Business PAD means a pre-authorized debit drawn on your Account for payment of the full balance owing by you to Shell Canada Products in connection with your business or commercial activities;
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Examples of Business PAD in a sentence

  • The financial institution shall reimburse me, on behalf of the organization, for any amounts withdrawn in error, within 90 calendar days of the withdrawal for a Personal PAD and within 10 business days for a Business PAD, provided that the reimbursement is claimed for a valid reason.

  • If this is for business purposes, it will be considered a Business PAD.

  • The Customer represents, warrants, covenants, and agrees that it is in compliance, and will comply, with all Applicable Laws, including with respect to the stop payment of any cheque and the revocation of its authority for any Business PAD if required in connection with this Service.

  • Immediately on request by Royal Bank, the Customer will provide an affidavit in connection with the return of a fraudulent cheque or a Reimbursement Claim in connection with the return of a Business PAD.

  • The Customer will not have an opportunity to review any cheque or Business PAD before it is automatically returned by Royal Bank as dishonoured pursuant to this Service.

  • This payment is a (check one): Personal/Individual PAD Business PAD Waiver: I acknowledge the terms and conditions of this Pre-Authorized Debit agreement and waive all other confirmation before the first payment.

  • Business PAD Waiver: I acknowledge the terms and conditions of this Pre-Authorized Debit agreement and waive all other confirmation before the first payment.

  • This service is for: Individual PAD P Business PAD (Please check) PERSONAL INFORMATION Effective Date: Name of Owner(s) Strata Plan Strata Lot Address of Strata Lot City Province Postal Code Mailing Address (If different from above) City Province Postal Code Phone Number (Res.) (Bus.) (Cell) Email Address BANK INFORMATION – Please choose one of the following: Void cheque attached – name(s) on cheque must match name(s) of the legal owner(s) on title.

  • This service is for: Individual PAD Business PAD (Please check) PERSONAL INFORMATION Name of Owner(s) Strata Plan Strata Lot Address of Strata Lot City Province Postal Code Mailing Address (If different from above) City Province Postal Code Phone Number (Res.) (Bus.) (Cell) Email Address BANK INFORMATION – Please choose one of the following: VOID CHEQUE ATTACHED Financial Institution (FI): FI Transit Number: FI Account Number: - (Transit/Branch -5 digits; FI – 3 digits.

  • Amount of Payment (CDN$) Payment Type (choose one) Personal PAD Business PAD AUTHORIZATION (If only 1 signature is required for the Account, then only 1 Payor need sign.


More Definitions of Business PAD

Business PAD means a PAD (Pre-Authorized debit in paper, electronic or other form) drawn on the account of a payor such as, but not limited to, a corporation, an organization, a trade, an association, a government entity, a profession, a venture or an enterprise, for the payment of goods and services related to commercial activities of a payor.
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Related to Business PAD

  • Business Property means property on which a business is conducted, property rented in whole or in part to others, or held for rental.

  • Business Partner means a legal entity that requires use of a training service in connection with Customer’s and its Affiliates’ internal business operations. These may include customers, distributors, service providers and/or suppliers of Customer.

  • business vertical means a distinguishable component of an enterprise that is engaged in the supply of individual goods or services or a group of related goods or services which is subject to risks and returns that are different from those of the other business verticals.

  • business premises means premises on which a business is conducted, premises rented in whole or in part to others, or held for rental.

  • Business Area means an adjacent area that is zoned by a state, county, township, or municipal zoning authority for industrial or commercial purposes, customarily referred to as "b" or business, "c" or commercial, "i" or industrial, "m" or manufacturing, and "s" or service, and all other similar classifications and that is within a city, village, or charter township or is within 1 mile of the corporate limits of a city, village, or charter township or is beyond 1 mile of the corporate limits of a city, village, or charter township and contains 1 or more permanent structures devoted to the industrial or commercial purposes described in this subdivision and that extends along the highway a distance of 800 feet beyond each edge of the activity. Each side of the highway is considered separately in applying this definition except that where it is not topographically feasible for a sign or sign structure to be erected or maintained on the same side of the highway as the permanent structure devoted to industrial or commercial purposes, a business area may be established on the opposite side of a primary highway in an area zoned commercial or industrial or in an unzoned area with the approval of the state highway commission. A permanent structure devoted to industrial or commercial purposes does not result in the establishment of a business area on both sides of the highway. All measurements shall be from the outer edge of the regularly used building, parking lot, or storage or processing area of the commercial or industrial activity and not from the property lines of the activities and shall be along or parallel to the edge or pavement of the highway. Commercial or industrial purposes are those activities generally restricted to commercial or industrial zones in jurisdictions that have zoning. In addition, the following activities are not commercial or industrial:

  • Valid business purpose means one or more business purposes that alone or in combination

  • Alarm business means the business by any individual, partnership, corporation, or other entity of selling, leasing, maintaining, servicing, repairing, altering, replacing, moving or installing any alarm system or causing to be sold, leased, maintained, serviced, repaired, altered, replaced, moved or installed any alarm system in or on any building, structure or facility.

  • Active business operations means all business operations that are not inactive business operations.

  • Private Business Use means use (directly or indirectly) in a trade or business or activity carried on by any Private Person (other than a Tax-Exempt Organization) other than use as a member of, and on the same basis as, the general public.

  • Supply Business means the licensed business of the Licensee and anyaffiliate or related undertaking of the Licensee as a Supplier but shall not include the business carried out by the Board in its capacity as public electricity supplier;

  • Business Customer means a customer who is not a residential customer.

  • business name or "trade name" means the name of a licensed business as used by the licensee on signs and advertising.

  • Business location means a location where the firm carries out an activity that requires registration, and includes a residence if regular and ongoing activity that requires registration is carried out from the residence or if records relating to an activity that requires registration are kept at the residence;

  • Stations means the Owned Stations and the Contract Stations.

  • Inactive business operations means the mere continued holding or renewal of rights to property previously operated for the purpose of generating revenues but not presently deployed for such purpose.

  • food business operator means the natural or legal persons responsible for ensuring that the requirements of food law are met within the food business under their control;

  • Customer Proprietary Network Information (“CPNI”) is as defined in the Act.

  • Business operations means engaging in commerce in any form, including by acquiring, developing, maintaining, owning, selling, possessing, leasing, or operating equipment, facilities, personnel, products, services, personal property, real property, or any other apparatus of business or commerce.

  • Restricted business operations means business operations in Sudan that include power production activities, mineral extraction activities, oil-related activities, or the production of military equipment, as those terms are defined in the Sudan Accountability and Divestment Act of 2007 (Pub. L. 110-174). Restricted business operations do not include business operations that the person (as that term is defined in Section 2 of the Sudan Accountability and Divestment Act of 2007) conducting the business can demonstrate—

  • Generation Business means the licensed business (if any) of the Licenseeand any affiliate or related undertaking of the Licensee in the generation of electricity or the provision of Ancillary Services;

  • Business Line means a CenturyLink-owned switched access line used to serve a business customer, whether by CenturyLink itself or by CLEC that leases the line from CenturyLink. The