Disbursement Transaction definition

Disbursement Transaction means the payment of invoices received for goods and services.
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Examples of Disbursement Transaction in a sentence

  • The following Transactions which require a Transaction Receipt must not be processed as Visa Easy Payment Service Transactions: A Fallback Transaction; An Account Funding Transaction; A Cash-Back Transaction; A Manual Cash Disbursement Transaction; A Quasi-Cash Transaction; A Prepaid Load Transaction; A Transaction where Dynamic Currency Conversion is performed.

  • Pipeline at pond and khal crossing will be pre-coated with concrete weight coating (CWC).

  • Refer to Chapter 4 for additional MasterCard Manual Cash Disbursement Transaction requirements.

  • A MasterCard Manual Cash Disbursement Transaction conducted at a POS Terminal should be processed using the highest level of technology supported by both the Card and the POS Terminal.

  • ATM Cash Disbursement Transaction outside the US region without an Access/Surcharge Fee Assessed: If a surcharge fee is not assessed on a qualified Visa and Plus ATM international and regional cash disbursement transaction, the ATM cash disbursement fee will be assessed based on the location of the acquirer as follows: Asian Pacific, 0.52% + US $0.65; Canada, US $1.25; Central/Eastern Europe, Middle East and Africa, 0.42% +US $0.55, Europe, US $1.50; Latin America and the Caribbean, 0.52% + US $0.65.

  • Such transfer of funds to the applicable Settlement Party on the Purchase Date for any Direct Disbursement Transaction will constitute full payment by Buyer of the Purchase Price for such Mortgage Loan and will be subject to the Lien of the Buyer created hereby.

  • Subject to the conditions and provisions of this Section 4 with respect to each Transaction, other than a Direct Disbursement Transaction, the Purchase Price will be made available by Buyer, via wire transfer, the aggregate net amount of such Purchase Price in immediately available funds to Seller or Seller’s designee pursuant to payment instructions provided by Seller to Buyer in writing and confirmed by an Authorized Individual for Payment Instructions.

  • In connection with a failed Direct Disbursement Transaction, Buyer shall deposit in the Haircut Account, if applicable, the portion of disbursement proceeds allocable to the Haircut Amount returned by a Settlement Party.

  • Buyer shall confirm the terms of each Transaction by issuing a written confirmation to the Seller promptly after the parties enter into such Transaction in the form of Exhibit A attached hereto or, solely with respect to a Direct Disbursement Transaction, be deemed to confirm such terms upon issuing a disbursement in connection with such Transaction (a “Confirmation”).

  • Customers’ associated county entry must contain the appropriate address to ensure that payments and Disbursement Transaction Statements are mailed to the correct customer address.

Related to Disbursement 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;

  • Permitted Warrant Transaction means any call options, warrants or rights to purchase (or substantively equivalent derivative transactions) on common stock of the Borrower purchased by the Borrower substantially concurrently with a Permitted Bond Hedge Transaction.

  • Financing Transactions means the execution, delivery and performance by each Loan Party of the Loan Documents to which it is to be a party, the borrowing of Loans, the use of the proceeds thereof and the issuance of Letters of Credit hereunder.

  • Permitted Securitization Transaction Any financing transaction undertaken by the Seller or an Affiliate of the Seller that is secured, directly or indirectly, by the Collateral or any portion thereof or any interest therein, including any sale, lease, whole loan sale, asset securitization, secured loan or other transfer.