CCPMPNet Optimiser Payment Instruction definition

CCPMPNet Optimiser Payment Instruction means a payment instruction input by a Member to the Clearing House Computer which is to be settled in accordance with Rule 6.3.16 and includes a CCPMPNet Optimiser Payment Instruction Value Today and a CCPMPNet Optimiser Payment Instruction Value Forward Day.

Related to CCPMPNet Optimiser Payment Instruction

  • Payment instrument means any personalised device(s) and/or set of procedures agreed between the payment service user and the payment service provider and used in order to initiate a payment order;

  • Service Level Agreement (SLA) means the Contractual Commitment that prevails between the Buyer and the Service Provider with regard to type of service to be provided, deliverables, desired performance level, reliability and responsiveness, monitoring process and service level reporting, response and issue resolution time-frame, repercussions / penalties / remedies for service provider not meeting its commitment. The SLA of a particular contract may carry the matrix regarding the delivery of the goods and/or services and the corresponding penalties or remedies and liquidated damages as applicable.

  • Master Settlement Agreement means the settlement agreement and related documents entered into on November 23, 1998, by the state and leading United States tobacco product manufacturers.

  • Synchronous instruction means instruction where students engage in learning in the direct presence (remote or in-person) of a teacher in real time.