Entry Settlement Limit definition

Entry Settlement Limit means the maximum aggregate amount of In-Process Entries permitted to be outstanding at any time, which aggregate amounts may be amended, modified and/or supplemented at any time in Bank’s sole and absolute discretion.
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Entry Settlement Limit means the maximum aggregate amount of In-Process Entries permitted to be outstanding at any time, which amount shall be separately communicated to Sub-Merchant by Fattmerchant in writing from time to time.
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Entry Settlement Limit referred to as “ACH limit,” means the maximum daily aggregate amount of In-Process Entries permitted to be outstanding at any time, which amount shall be separately communicated to Customer by Bank in writing from time to time.
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Examples of Entry Settlement Limit in a sentence

  • If Sub-Merchant wishes to initiate an Entry through American Payments Solutions LLC that would cause the amount of In-Process Entries to exceed the Entry Settlement Limit, Sub-Merchant may submit to American Payments Solutions LLC its request to initiate an Entry that otherwise would be an Overlimit Entry.


More Definitions of Entry Settlement Limit

Entry Settlement Limit means the maximum aggregate amount of In-Process Entries permitted to be outstanding at any time, which amount shall be separately communicated to Sub-Merchant by Fattmerchant in writing from time to time. “Forced Sale” means a Payment Card Processing Transaction processed without an approved electronic authorization number being obtained for the full amount of the sales Transaction at the time the Transaction is processed.
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Entry Settlement Limit means the maximum aggregate amount of In-Process Entries permitted to be outstanding at any time, which amount shall be separately communicated to Sub-Merchant by Till Payments in writing from time to time. “File” means a group of ACH entries stored for delivery to an ACH receiving point. “Forced Sale” means a Payment Card Processing Transaction processed without an approved electronic authorization number being obtained for the full amount of the sales Transaction at the time the Transaction is processed.
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Entry Settlement Limit means the maximum aggregate amount of In-Process Entries permitted to be outstanding at any time, which amount shall be separately communicated to the Customer by the Bank in writing from time to time. If any of the foregoing actions are taken by the Bank with respect to a particular preauthorized Debit/Credit Entry, the Bank shall notify the Customer by emailing the Customer’s Company Administrator at the email address provided on the Business Banking Services Application, as promptly as practicable, but in no event later than two (2) Business Days after its decision. CUSTOMER’S WARRANTIES. The Customer certifies to the Bank all warranties the Bank is deemed by the ACH Rules to make with respect to Entries originated by the Customer. Without limiting the foregoing, the Customer warrants and agrees that:
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Entry Settlement Limit or “Maximum Daily Limit” means the maximum aggregate amount of In-Process Entries permitted to be outstanding at any time, which amount shall be separately communicated to Company by F&M BANK in writing from time to time.
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Related to Entry Settlement Limit

  • Gross Settlement Amount means $520,000.00 (Five Hundred Twenty Thousand Dollars and Zero Cents), which is the total amount Defendants agrees to pay under the Settlement except as provided in Paragraph 9 below. The Gross Settlement Amount will be used to pay Individual Class Payments, Individual PAGA Payments, the LWDA PAGA Payment, Class Counsel Fees, Class Counsel Expenses, Class Representative Service Payment and the Administrator’s Expenses.

  • Net Settlement Amount means the Gross Settlement Amount, less the following payments in the amounts approved by the Court: Individual PAGA Payments, the LWDA PAGA Payment, Class Representative Service Payment, Class Counsel Fees Payment, Class Counsel Litigation Expenses Payment, and the Administration Expenses Payment. The remainder is to be paid to Participating Class Members as Individual Class Payments.

  • Physical Settlement Amount For any Settlement Date for which Physical Settlement is applicable, an amount in cash equal to the product of (a) the Forward Price in effect on the relevant Settlement Date multiplied by (b) the Settlement Shares for such Settlement Date.

  • Individual Settlement Payment means the amount payable from the Net

  • Cash Settlement Amount means the “Cash Settlement Amount” as determined by the Calculation Agent in accordance with Paragraph 6.

  • 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.

  • TARGET2 Settlement Day means any day on which the Trans-European Automated Real-Time Gross Settlement Express Transfer (TARGET2) System is open.

  • Structured settlement annuity means an annuity purchased in order to fund periodic payments for a plaintiff or other claimant in payment for or with respect to personal injury suffered by the plaintiff or other claimant.

  • Qualified Settlement Fund or “Settlement Fund” means the interest-bearing, settlement fund account to be established and maintained by the Escrow Agent in accordance with Article 5 herein and referred to as the Qualified Settlement Fund (within the meaning of Treas. Reg. § 1.468B-1).

  • Cash Settlement shall have the meaning specified in Section 14.02(a).

  • Structured settlement payment rights means rights to receive periodic payments under a structured settlement, whether from the structured settlement obligor or the annuity issuer, where: