Fraudulent Payments definition

Fraudulent Payments means any Payments effected in violation of the laws of the Netherlands, as well as cancelled, erroneous, and/or recalled Payments. However, the amount of Fraudulent Payments deducted from Income shall not be more than three percent (3%) of the amount of the Income for the corresponding Reporting Period.
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Fraudulent Payments means any Payments effected in violation of the laws of Cyprus and/or other applicable laws, as well as cancelled, erroneous, and/or recalled Payments. However, the amount of Fraudulent Payments deducted from Income shall not be more than three percent (3%) of the amount of the Income for the corresponding Reporting Period.
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Fraudulent Payments means any Payments effected in violation of the laws of United Arab Emirates and/or other applicable laws, as well as cancelled, erroneous, and/or recalled Payments. However, the amount of Fraudulent Payments deducted from Income shall not be more than three percent (3%) of the amount of the Income for the corresponding Reporting Period.
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Examples of Fraudulent Payments in a sentence

  • Fraudulent Payments If a BPAY® Payment is induced by the fraud of a person involved in the BPAY® Scheme, then that person should refund you the amount of the fraud induced payment.

  • Unrecoverable Lossmeans the portion of funds credited to the wrong party due to Erroneous Payments or Fraudulent Payments that cannot be recovered after the Participants have exhausted the recovery of funds process.

  • Fraudulent Payments If a BPAY® payment is induced by the fraud of a person involved in the BPAY® Scheme, then that person should refund you the amount of the fraudinduced payment.

  • If you dispute anything that happens under the BPay Scheme (including in connection with Mistaken Payments, Unauthorised Payments or Fraudulent Payments), please contact the AIDF on 6247 3744.We will aim to resolve the matter when you first contact us.

  • In addition, states must address the National Priorities outlined under Section 4, “Combatting Fraud and Identity Theft, Reducing the UI Improper Payment Rate, and Recovering Improper Payments, Including Fraudulent Payments and Overpayments” in the IAP.‌ In addition, ETA tracks and considers the impact of overpayments established by states that are in excess of $25,000 as required by Executive Order 13520.

  • It includes cases where the Payment has been made by a third party who has obtained unauthorised access to a Payer’s account and makes unauthorised transactions from the Payer’s account to make other payments.However, it does not include a Fraudulent Payment Instruction.Unrecoverable LossThe portion of funds credited to the wrong party due to Erroneous Payments or Fraudulent Payments that cannot be retrieved after Participants have exhausted the recovery of funds process.

  • Within the business, HR is responsible for carrying out exit interviews uncovering reasons for turnover and monitoring market rates and trends.

  • Without prejudice to Clause 25 (Corrupt Gifts and Fraudulent Payments) hubco shall notify the Participants in writing of the occurrence (and details) of any Prohibited Act promptly on hubco becoming aware of its occurrence.

  • Accounting Check on Fraudulent Payments and ReportingAnother level of check on the work of all WIC staff, including the director, is the role of the accounting unit.

  • This is a follow-up of the memo “Audit Investigation into Fraudulent Payments for Insurance Claims” issued on March 28, 2008.


More Definitions of Fraudulent Payments

Fraudulent Payments. You must pay for GoodOwl transactions using one of our accepted payment methods. We encourage professionals to make sure that payment has cleared before starting to work, and to report attempted fraud to us and to the police. • Contact information: All GoodOwl members must keep their account details up to date. We take action when we know that a member has false or missing contact information, or if we can't contact a member because they have an invalid or dead email address. To report a client who may be violating our policies:
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Related to Fraudulent Payments

  • Fraudulent Transfer Laws has the meaning set forth in Section 2.2.

  • fraudulent practice means a misrepresentation of facts in order to influence a procurement process or the execution of a contract to the detriment of the Procuring Entity, and includes collusive practices among Bidders (prior to or after bid submission) designed to establish bid prices at artificial, non-competitive levels and to deprive the Procuring Entity of the benefits of free and open competition.

  • fraudulent practices which means any act or omission, including a misrepresentation, that knowingly or recklessly misleads, or attempts to mislead, a party to obtain a financial or other benefit or to avoid an obligation; and

  • Fraudulent Conveyance means a fraudulent conveyance under Section 548 of Chapter 11 of Title II of the Bankruptcy Code or a fraudulent conveyance or fraudulent transfer under the applicable provisions of any fraudulent conveyance or fraudulent transfer law or similar law of any state, nation or other governmental unit, as in effect from time to time.

  • Dishonest or Fraudulent Act means any dishonest or fraudulent act, including “larceny and embezzlement” as defined in Section 37 of the Investment Company Act of 1940, committed with the conscious manifest intent (1) to cause the Insured to sustain a loss and (2) to obtain financial benefit for the perpetrator or any other person (other than salaries, commissions, fees, bonuses, awards, profit sharing, pensions or other employee benefits). A Dishonest or Fraudulent Act does not mean or include a reckless act, a negligent act, or a grossly negligent act.

  • Corrupt and Fraudulent Practices means either one or any combination of the practices given below;

  • corrupt and fraudulent practice means the offering, giving, receiving, or soliciting, of anything of value to influence the action of a public official or the contractor in the procurement process or in contract execution to the detriment of the procuring agency; or misrepresentation of facts in order to influence a procurement process or the execution of a contract, collusive practices among applicants/bidders (prior to or after bid submission) designed to establish bid prices at artificial, non-competitive levels and to deprive the procuring agency of the benefits of free and open competition and any request for, or solicitation of anything of value by any public official in the course of the exercise of his duty;

  • fradulent practice means a misrepresentation or omission of facts in order to influence a procurement process or the execution of contract;

  • former Act means the Companies Act or the International Business Companies Act;

  • Kickback, as used in this clause, means any money, fee, commission, credit, gift, gratuity, thing of value, or compensation of any kind which is provided to any prime Contractor, prime Contractor employee, subcontractor, or subcontractor employee for the purpose of improperly obtaining or rewarding favorable treatment in connection with a prime contract or in connection with a subcontract relating to a prime contract.

  • Violent felony means the same as that term is defined in Section 76-3-203.5.

  • Licensed health care practitioner means a physician, as defined in Section 1861(r)(1) of the Social Security Act, a registered professional nurse, licensed social worker or other individual who meets requirements prescribed by the Secretary of the Treasury.

  • Violent juvenile felony means any of the delinquent acts enumerated in subsection B or C of

  • Other health impairment means having limited strength, vitality, or alertness, including a heightened alertness to environmental stimuli, that results in limited alertness with respect to the educational environment, that:

  • Unlawful discrimination means any complaint of unlawful discrimination based on a category protected under Title 5, section 59300, including sexual harassment and retaliation.

  • Violent crime means a forcible felony, as defined in Iowa Code section 702.11, and includes any other felony or aggravated misdemeanor which involved the actual or threatened infliction of physical or emotional injury on one or more persons.

  • PBR Act means the Plant Breeder’s Rights Xxx 0000 (Cth) as amended from time to time.

  • Respiratory care practitioner means an individual who practices respiratory care.

  • Health care practitioner means an individual licensed

  • Repudiation/Moratorium means the occurrence of both of the following events: (i) an authorised officer of a Reference Entity or a Governmental Authority (x) disaffirms, disclaims, repudiates or rejects, in whole or in part, or challenges the validity of, one or more Obligations in an aggregate amount of not less than the Default Requirement or (y) declares or imposes a moratorium, standstill, roll-over or deferral, whether de facto or de jure, with respect to one or more Obligations in an aggregate amount of not less than the Default Requirement and (ii) a Failure to Pay, determined without regard to the Payment Requirement, or a Restructuring, determined without regard to the Default Requirement, with respect to any such Obligation occurs on or prior to the Repudiation/Moratorium Evaluation Date.

  • Violent student means a student under the age of 21 who:

  • Violent act means behavior that resulted in homicide,

  • Sexual act means conduct between persons consisting of contact between the penis and the vulva, the penis and the anus, the mouth and the penis, the mouth and the vulva, or any intrusion, however slight, by any part of a person’s body or object into the genital or anal opening of another.

  • Securities Transfer Act means the Securities Transfer Act (British Columbia) from time to time in force and all amendments thereto and includes all regulations and amendments thereto made pursuant to that Act.

  • Bankruptcy Code means Title 11 of the United States Code.

  • Insolvency with respect to any Multiemployer Plan, the condition that such Plan is insolvent within the meaning of Section 4245 of ERISA.