Direct Debiting System definition

Direct Debiting System has the meaning given to it in Section 5.1 of Servicing Agreement; “Directors” means the Board of Directors for the time being of the Issuer;
Sample 1Sample 2Sample 3
Direct Debiting System has the meaning given to it in Section 5.1.1 of the Security Agreement; “Direct Participants” means the participants that deposit securities with DTC;
Sample 1
Direct Debiting System has the meaning given to it in Section 5.1 of Servicing Agreement;
Sample 1

Examples of Direct Debiting System in a sentence

  • The Guarantor acknowledges and agrees that unless otherwise notified by the Servicer, The Toronto-Dominion Bank will act as the collection agent for the Guarantor under the Direct Debiting System.

  • The amount and type of irrevocable commitments According to Direct Debiting System, there is TL 176,601 irrevocable loan commitments as of 31 March 2017 (31 December 2016: TL 191,311).

  • In order to manage customer related counter-party risk, almost all of our receivables are secured by Direct Debiting System, Credit Direct Collection System and Credit Insurance.

  • The amount and type of irrevocable commitments According to Direct Debiting System, there is TL 247,580 irrevocable loan commitments as of 30 September 2021 (31 December 2020: TL: 128,567).

  • Yukselen secures sales and receivables by a DSS (Direct Debiting System) model which is provided by 10 Turkish banks, services of Euler Hermes insurance and by letters of guarantees.

  • The amount and type of irrevocable commitments According to Direct Debiting System, there is TL 139,348 irrevocable loan commitments as of 30 June 2018 (31 December 2017: TL 152,265).

  • The amount and type of irrevocable commitments According to Direct Debiting System, there is TL 247,580 irrevocable loan commitments as of 30 September 2021 (31 December 2020: TL 128,567).

  • The amount and type of irrevocable commitments According to Direct Debiting System, there is TL 135,308 irrevocable loan commitments as of 31 March 2021 (31 December 2020: TL: 128,567).

  • On March 10, Italy extended the shutdown measures nationwide, affecting a total population of 60 million in a territory of 300,000 square kilometers.

  • If this change is enacted, a company will accordingly meet the residence requirement for a domestic treasury management company if its place of effective management is in South Africa (notwithstanding its place of incorporation).


More Definitions of Direct Debiting System

Direct Debiting System. The payment service whereby the payment transaction is initiated by the Remittee and the payment account of the remitter is debited as based on the confirmation given to its own payment service provider, to the Remittee or the payment service provider of the Remittee by the Remitter; Electronic Money Issuer: United Payment; Electronic Money (E-money): The monetary value, which is issued in exchange for the funds accepted by the electronic money issuer and which is kept electronically and which is used for the purpose of performance of the payment transactions as defined in the Law and which is also accepted as a payment instrument also by the real and legal persons other than the electronic money issuer; Electronic Money Account: The accounts in which such issued e-money is monitored and recorded on the basis of the Users; Funds: Banknotes, coins, fiduciary money or electronic money; Conversion into funds: Conversion of e-money to banknotes, coins or fiduciary money; Remitter: Any real or legal person which instructs a payment order from her/his/its own payment account or without having a payment account; Sensitive Payment Data: The passwords, security questions, certificates, encryption keys, which are used for instruction of a Payment Order by the User or verification of the identity of the User and which might enable performance of any fraud or fictitious transactions for and on behalf of the User if and when captured or changed, and the personal security information with respect to the payment instruments issued by the entities, such as the PIN, card number, expiry date, CVV, CVV2 and the CVC2 code; Erroneous or Unauthorized Transaction: Any Payment Transaction which is performed in consequence of the fact that the transfer order has been sent, either entirely or partially, beyond the will and/or knowledge of the User by the remitter or any third party that is not authorized for instructing transfer orders, and/or for which the User has not procured the respective goods or service; Service: The e-money and Payment Services, which are offered by United Payment as per Sections 12 and 18 to the User under the supervision of the CBRT pursuant to the licenses it holds, and also such other services permitted by the regulations; Service Point (Transaction Point): The devices such as the ATMs, kiosks, mobile applications, Internet shopping, stores where the Users can perform the transactions related to e-money and Payment Services on their own, and also such o...
Sample 1

Related to Direct Debiting System

  • Direct Debit means a payment service for debiting a payer’s payment account, where a payment transaction is initiated by the payee on the basis of the payer’s consent given to the payee, to the payee’s payment service provider or to the payer’s own payment service provider;

  • Accounting system means the Contractor's system or systems for accounting methods, procedures, and controls established to gather, record, classify, analyze, summarize, interpret, and present accurate and timely financial data for reporting in compliance with applicable laws, regulations, and management decisions, and may include subsystems for specific areas such as indirect and other direct costs, compensation, billing, labor, and general information technology.

  • Operating System refers to the software that manages Hardware for Programs and other software.

  • Information processing system means an electronic system for creating, generating, sending, receiving, storing, displaying, or processing information.

  • Clearing Systems means Euroclear and Clearstream, Luxembourg;

  • Electronic Subcontracting Reporting System (eSRS) means the Governmentwide, electronic, web-based system for small business subcontracting program reporting. The eSRS is located at http://www.esrs.gov.

  • Direct Deposit Disbursement Requests for the Closing Disbursement(s) to be deposited into an account at Xxxxx Fargo Bank, N.A. must specify the amount and applicable account. Each account included in any such Disbursement Request must be listed below. Name on Deposit Account: Xxxxx Fargo Bank, N.A. Deposit Account Number: Further Credit Information/Instructions: Disbursements of Loan Proceeds Subsequent to Loan Closing/Origination Subsequent Disbursement Authorizers: Administrative Agent is authorized to accept one or more Disbursement Requests from any of the individuals named below (each, a “Subsequent Disbursement Authorizer”) to disburse Loan proceeds after the date of the Loan origination/closing and to initiate Disbursements in connection therewith (each, a “Subsequent Disbursement”): Individual’s Name Title 1.

  • Billing System means a system to issue Invoices relating to charges payable by each party under an Access Agreement;

  • Carrier Access Billing System (“CABS”) is the system which is defined in a document prepared under the direction of the Billing Committee of the OBF. The CABS document is published by Telcordia in Volumes 1, 1A, 2, 3, 3A, 4 and 5 as Special Reports SR-OPT-001868, SR-OPT-0011869, SR-OPT-001871, SR-OPT- 001872, SR-OPT-001873, SR-OPT-001874, and SR-OPT-001875, respectively, and contains the recommended guidelines for the billing of access and other connectivity services. Sprint’s carrier access billing system is its Carrier Access Support System (CASS). CASS mirrors the requirements of CABS.

  • Customer Account Information means personally identifiable information including Personal Data and Consumption Data. Customer Account Information also includes information received by the Company from the customer for purposes of participating in regulated utility programs, including, but not limited to bill pay assistance, shutoff protection, renewable energy, demand-side management, load management, or energy efficiency.

  • Auditing Services means those services within the scope of the practice of a certified public accounting firm licensed under Chapter 473 of the Florida Statutes, and qualified to conduct audits in accordance with government auditing standards as adopted by the Florida Board of Accountancy.

  • Performance Monitoring System has the meaning given to it in paragraph 1.1.2 in Part B of Schedule 6 (Service Levels, Service Credits and Performance Monitoring);

  • Clearing System Business Day means in relation to an Index, any day on which the principal domestic clearing systems customarily used for settling trades in securities comprising such Index is (or, but for the occurrence of an event beyond the control of the Company or the Hedging Counterparty as a result of which such clearing system cannot clear the transfer of such securities, would have been) open for the acceptance and execution of settlement instructions.

  • Direct Debit Request means the Direct Debit Request between Us and You.

  • account information service means an online service to provide consolidated information on one or more payment accounts held by the payment service user with either another payment service provider or with more than one payment service provider;

  • online interface means any software, including a website, part of a website or an application, that is operated by or on behalf of an economic operator, and which serves to give end users access to the economic operator's products;

  • Joint Account means an Account opened in more than one name;

  • Operating Software means those routines, whether or not identified as Program Products, that reside in the Equipment and are required for the Equipment to perform its intended function(s), and which interface the operator, other Contractor-supplied programs, and user programs to the Equipment.

  • Customer Account means an account carried by a Participant on behalf of a Customer.

  • Project Account means the account referred to in Section 3.04 (a) of this Agreement;

  • Clearing System means Monte Titoli S.p.A., with offices in Piazza degli Affari no. 6, Milan, Italy ("Monte Titoli").

  • smart metering system means an electronic system that can measure energy consumption, providing more information than a conventional meter, and can transmit and receive data for information, monitoring and control purposes, using a form of electronic communication;

  • MERS(R) System The system of recording transfers of Mortgages electronically maintained by MERS.

  • Online Account means the Bank account from which you will be conducting transactions using a Service;

  • Beam monitoring system means a system designed and installed in the radiation head to detect and measure the radiation present in the useful beam.

  • Business Account means an Account used primarily for business purposes and not for personal, family, or household purposes.