Deferred presentment service transaction definition

Deferred presentment service transaction means a transaction by which a person:
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Deferred presentment service transaction means a transaction made under a written agreement between a licensee and the maker of a check under which the licensee by which a person:
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Deferred presentment service transaction means a transaction made under a
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Examples of Deferred presentment service transaction in a sentence

  • Fees for service - Deferred presentment service transaction procedures - Penalty.

  • Fees for service - Deferred presentment service transaction procedures.

  • Deferred presentment service transaction" means a transaction by which a person: 1 a.

  • Fees for service - Deferred presentment service transaction procedures -15 Penalty.16 1.


More Definitions of Deferred presentment service transaction

Deferred presentment service transaction means a transaction made under a written agreement between a licensee and the maker of a check under which the licensee (a) pays to the maker of the check the amount of the check, less the fees permitted under this chapter, and accepts a check from the maker dated on the date of the transaction and agrees to hold the check for a period of time before negotiation or presentment or
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Deferred presentment service transaction means that term
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Related to Deferred presentment service transaction

  • Service Transfer means any transfer of the Services (or any part of the Services), for whatever reason, from the Supplier or any Sub-Contractor to a Replacement Supplier or a Replacement Sub-Contractor;

  • Service Transfer Date means the date of a Service Transfer;

  • Termination of Services means Participant’s Termination of Consultancy, Termination of Directorship or Termination of Employment, as applicable.

  • Event of Servicing Termination means an event specified in Section 8.1 of the Sale and Servicing Agreement.

  • Master Servicer Event of Termination As defined in Section 7.01 hereof.

  • Payment Services means such Services as We provide in relation to payments into and out of Your Account.

  • payment service means any business activity set out in Annex I;

  • Event of Servicer Termination With respect to the Servicing Agreement, a Servicing Default as defined in Section 6.01 of the Servicing Agreement.

  • Investment Services means the Investment Services under the Company’s CIF license which can be found in the document “Company Information” on the Website.

  • Liquidity Provider Ratings Event Termination Date means the date established by the Tender and Paying Agent, acting upon instructions of the Fund pursuant to the Tender and Paying Agent Agreement, for termination of the VRDP Purchase Agreement upon the occurrence of a Liquidity Provider Ratings Event, which date shall be not less than 16 days nor more than 30 days following such Liquidity Provider Ratings Event.

  • Administrative Services Agreement has the meaning set forth in Section 2.1(d).

  • Servicer Termination Events (or any analogous term under the Lead Securitization Servicing Agreement) include customary market termination events with respect to failure to make advances, failure to timely remit payments to the Non-Lead Note Holders as required hereunder or under the Lead Securitization Servicing Agreement (subject to no more than one business day grace period), failure to timely deposit amounts into any REO Account or to remit to a Servicer for deposit into a related collection or custodial account, failure to deliver (or cause to be delivered) materials or information required in order for each Non-Lead Note Holder or each Non-Lead Depositor to timely comply with its obligations under the Exchange Act, the Securities Act and Form SF-3, and for rating agency downgrades or other triggers with respect to any certificates issued in connection with a Non-Lead Securitization, subject to customary grace periods (provided that, in the case of failures related to the securities laws, such grace periods will not cause a Non-Lead Depositor to fail to comply with the applicable provisions of such securities laws). Upon the occurrence of such a Servicer Termination Event with respect to the Master Servicer affecting a Non-Lead Securitization Note Holder and the Master Servicer is not otherwise terminated pursuant to the Lead Securitization Servicing Agreement, the Master Servicer shall be required, upon the direction of such Non-Lead Securitization Note Holder, to appoint a subservicer with respect to such Non-Lead Securitization Note. Upon the occurrence of a Servicer Termination Event with respect to the Special Servicer affecting a Non-Lead Securitization Note Holder and the Special Servicer is not otherwise terminated pursuant to the Lead Securitization Servicing Agreement, the Trustee shall, upon direction of such Non-Lead Securitization Note Holder, terminate the Special Servicer with respect to, but only with respect to, the Mortgage Loan;

  • payment service provider means a person whose business includes the provision of transfer of funds services;

  • Non-Lead Securitization Servicing Agreement shall have the meaning assigned to such term in Section 2(b).

  • Investment Management Services means any services which involve: (i) the management of an investment account or Fund (or portions thereof or a group of investment accounts or Funds); (ii) the giving of advice with respect to the investment and/or reinvestment of assets or funds (or any group of assets or funds); or (iii) otherwise acting as an “investment adviser” within the meaning of the Investment Advisers Act of 1940, as amended, including, without limitation, in each of the foregoing cases, performing activities related or incidental thereto.

  • Servicer Termination Event shall have the meaning assigned to such term in the Lead Securitization Servicing Agreement or at any time that the Mortgage Loan is no longer subject to the provisions of the Lead Securitization Servicing Agreement, any analogous concept under the servicing agreement pursuant to which the Mortgage Loan is being serviced in accordance with the terms of this Agreement.

  • Non-Lead Securitization Date means the closing date of any Non-Lead Securitization.

  • Escrow Termination Date has the meaning ascribed to such term in Section 9.12.

  • Settlement Service as defined in Subsection 11.6(b).

  • Note Payment Sequence means the application of Interest Proceeds in accordance with the Interest Proceeds Priority of Payments or the application of Principal Proceeds in accordance with the Principal Proceeds Priority of Payments, as applicable, in the following order:

  • Servicer Event of Termination One or more of the events described in Section 7.01.

  • Note Distribution Account means the account designated as such, established and maintained pursuant to Section 5.1(a)(ii).

  • Forbearance Termination Event has the meaning set forth in Section 3(a) hereto.

  • Service Termination Date means the last Day in a month upon which Service shall terminate, as set forth in a Schedule of Service and subject to any renewal thereof.