Deferred presentment transaction definition

Deferred presentment transaction means a transaction made pursuant to a written agreement whereby a licensee:
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Deferred presentment transaction which means “providing currency or a payment instrument in exchange for a person’s check and agreeing to hold that person’s check for a period of time prior to presentment, deposit or redemption.”
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Deferred presentment transaction means a transaction in which:
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Examples of Deferred presentment transaction in a sentence

  • Deferred presentment transaction database.(A) In order to prevent a person from having a deferred presentment transaction that exceeds the limit in Section 34-39-180(B) and Section 34-39-270(A), the Consumer Finance Division of the Board of Financial Institutions shall implement a common database with real-time access through an internet connection for deferred presentment providers, as provided in this subsection.

  • Some have suggested that philosophical criticism is often in one or the other of two categories: ““Oh yeah?”” or ““So what?””3 When a political theory is alleged to violate the bounds of human nature, many have responded with ““Oh yeah?”” My response, by contrast, is ““So what?””The appeal to human nature suggests something more than merely making claims about how people will act or are likely to act.

  • We expect that a substantial portion of our efforts and expenditures over the next few years will be devoted to our lead product candidates, PTG-100 and PTG-200 targeting inflammatory bowel disease (“IBD”) and PTG-300 which targets chronic iron overload disorders and ineffective erythropoiesis, and the development of other product candidates.

  • Deferred presentment transaction has the meaning given that term in V.T.C.A., Finance Code § 393.601.

  • Deferred presentment transaction has the meaning given that term in V.T.C.A., Finance Code §363.601.

  • H.B. No. 242 1 (3-a) "Deferred presentment transaction" means a 2 single-payment or multiple-payment transaction defined as a 3 deferred presentment transaction by Section 341.001 in connection 4 with which the consumer is not required to provide real or personal 5 property as security.

  • Deferred presentment transaction" has the meaning assigned by Section 342.601 [means a transaction in which: [(A) a cash advance in whole or part is made in exchange for a personal check or authorization to debit a deposit account; [(B) the amount of the check or authorized debit equals the amount of the advance plus a fee; and [(C) the person making the advance agrees that the check will not be cashed or deposited or the authorized debit will not be made until a designated future date].

  • H.B. No. 1258 1 (3-a) "Deferred presentment transaction" means a 2 single-payment or multiple-payment transaction defined as a 3 deferred presentment transaction by Section 341.001 in connection 4 with which the consumer is not required to provide real or personal 5 property as security.

  • An ar- bitrary order ideal Ł in L0(2, 3, µ) is called an ideal space on (2, 3, µ).

  • Deferred presentment transaction means providing currency or a payment instrument in exchange for a person's check or agreement to provide access to a drawer’s account in a financial institution and agreeing to hold that person's check or maintain rights to access a drawer’s account for a period of time prior to presentment, deposit, or redemption.


More Definitions of Deferred presentment transaction

Deferred presentment transaction means providing
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Deferred presentment transaction means pro- viding currency or a payment instrument in exchange for a drawer’s check and agreeing to hold the check for a deferment period.
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Deferred presentment transaction means a deferred presentment transaction as
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Deferred presentment transaction means deferred presentment option as defined by the Arkansas Check-Xxxxxx’x Act.
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Deferred presentment transaction means providing currency or a payment instrument in exchange for a drawer’s check
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Deferred presentment transaction means providing currency or a payment instrument in exchange for a drawer’s person’s check and agree- ing to hold the that person’s check for a deferment period of time prior to presentment, deposit, or redemption.
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Related to Deferred presentment transaction

  • Payment Transaction means an act, initiated by the payer or on his behalf or by the payee, of placing, transferring or withdrawing funds, irrespective of any underlying obligations between the payer and the payee;

  • Subsequent Transaction has the meaning set forth in Section 1.08.

  • Co-Investment Transaction means any transaction in which a Regulated Fund (or its Wholly-Owned Investment Sub (defined below)) participated together with one or more Affiliated Funds and/or one or more other Regulated Funds in reliance on the Order.

  • Replacement Transaction means, with respect to any Terminated Transaction or group of Terminated Transactions, a transaction or group of transactions that (i) would have the effect of preserving for Party B the economic equivalent of any payment or delivery (whether the underlying obligation was absolute or contingent and assuming the satisfaction of each applicable condition precedent) by the parties under Section 2(a)(i) in respect of such Terminated Transaction or group of Terminated Transactions that would, but for the occurrence of the relevant Early Termination Date, have been required after that Date, and (ii) has terms which are substantially the same as this Agreement, including, without limitation, rating triggers, Regulation AB compliance, and credit support documentation, save for the exclusion of provisions relating to Transactions that are not Terminated Transaction, as determined by Party B in its sole discretion, acting in a commercially reasonable manner.

  • Subsequent Transfer Date With respect to each Subsequent Transfer Instrument, the date on which the related Subsequent Mortgage Loans are sold to the Trust Fund.

  • Void Transaction means any transaction wherein the transaction has taken place but has been cancelled /rejected /unsuccessful by the Alliance Partner.

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

  • SPAC Transaction means a transaction or series of related transactions by merger, consolidation, share exchange or otherwise of the Company with a publicly traded “special purpose acquisition company” or its subsidiary (collectively, a “SPAC”), immediately following the consummation of which the common stock or share capital of the SPAC or its successor entity is listed on the Nasdaq Stock Market, the New York Stock Exchange or another exchange or marketplace approved by the Board of Directors, including a majority of the Preferred Directors.

  • M&A Transaction means (a) a transaction in which all or substantially all of the assets to which the subject matter of this Agreement relates are acquired by or assigned to party that is not an Affiliate, or (b) a sale of all or substantially all of the share capital of BioLine (or its Affiliates), (c) the merger of BioLine (or its Affiliates) with any other entity, or any other similar corporate action, except an internal reorganization of BioLine (or its Affiliates) for tax-related reasons otherwise.

  • 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.

  • Significant Transaction means a transaction which meets any one of the tests below:

  • Roll-Up Transaction means a transaction involving the acquisition, merger, conversion or consolidation either directly or indirectly of the Company and the issuance of securities of a Roll-Up Entity to the holders of Common Shares. Such term does not include:

  • Rate Management Transaction means any transaction (including an agreement with respect thereto) now existing or hereafter entered into between the Borrower and any Lender or Affiliate thereof which is a rate swap, basis swap, forward rate transaction, commodity swap, commodity option, equity or equity index swap, equity or equity index option, bond option, interest rate option, foreign exchange transaction, cap transaction, floor transaction, collar transaction, forward transaction, currency swap transaction, cross-currency rate swap transaction, currency option or any other similar transaction (including any option with respect to any of these transactions) or any combination thereof, whether linked to one or more interest rates, foreign currencies, commodity prices, equity prices or other financial measures.

  • Post-Event Transferee shall have the meaning set forth in Section 7(e) hereof.

  • Factoring Transaction means any transaction or series of transactions that may be entered into by the Borrower or any Restricted Subsidiary pursuant to which the Borrower or such Restricted Subsidiary may sell, convey, assign or otherwise transfer Receivables Assets (which may include a backup or precautionary grant of security interest in such Receivables Assets so sold, conveyed, assigned or otherwise transferred or purported to be so sold, conveyed, assigned or otherwise transferred) to any Person that is not a Restricted Subsidiary; provided that any such person that is a Subsidiary meets the qualifications in clauses (1) through (3) of the definition of “Receivables Subsidiary”.

  • Merger Transaction means any merger, acquisition or similar transaction involving a recapitalization as contemplated by Rule 10b-18(a)(13)(iv) under the Exchange Act.

  • Financing Transaction means a transaction in which a licensed provider obtains financing from a financing entity including any secured or unsecured financing, any securitization transaction, or any securities offering which is either registered or exempt from registration under federal and state securities law.