Interchange Transaction definition

Interchange Transaction means an agreement to transfer energy from a seller to a buyer that crosses one or more Balancing Authority Area boundaries.**
Sample 1Sample 2Sample 3
Interchange Transaction means an electronic fund
Sample 1Sample 2Sample 3
Interchange Transaction means an electronic fund transfer that results in exchange of data and settlement of funds between 2 or more unaffiliated financial institutions.
Sample 1Sample 2

Examples of Interchange Transaction in a sentence

  • Selective authorization cards are considered general-use prepaid cards, re- gardless of whether they carry the mark, logo, or brand of a payment card network, if they are redeemable at multiple, unaffiliated merchants.2(j) Interchange Transaction fee1.

  • When the constraint is off the Contract Path, the Interchange Transaction takes on the lowest priority reserved on the Contract Path (Principle 3).

  • Implementation guide used – National Electronic Data Interchange Transaction Set Implementation Guide, Benefit Enrollment and Maintenance, 834, ASC X12N 834 (005010X2201) from the Washington Publishing Company August 2006.

  • It is important to note that an Interchange Transaction using Firm Point-to-Point Transmission Service on all Contract Path links is considered a “firm” Interchange Transaction even if the Constrained Facility is off the Contract Path.

  • This other entity may be a payment card network or processor (if the entity directing and sending the information is a merchant or an acquirer) or an issuer or processor (if the en- tity directing and sending the information is a payment card network).2(q) United States [Reserved]Section 235.3 Reasonable and Propor-tional Interchange Transaction Fees3(a) [Reserved]3(b) Determining Reasonable and Proportional Fees1.

  • NERC is proposing to align the Glossary definition of Point of Receipt to the definition in the Rules of Procedure by removing the incorrect capitalization of “Generator” as follows:A location that the Transmission Service Provider specifies on its transmission system where an Interchange Transaction enters or a Generator generator delivers its output.

  • Did not make Interchange Transaction information available to all other Reliability Coordinators in the Interconnection.

  • The description of each level begins with the circumstances that define the TLR Level, followed by the procedures to be followed.The decision that a Reliability Coordinator makes in selecting a particular TLR Level often depends on the transmission loading condition and whether the Interchange Transaction is using Non-firm Point-to- Point Transmission Service or Firm Point-to-Point Transmission Service.

  • Interchange Transaction Activity Charges and Credits Applied to Interchange TransactionsInterchange transactions are subject to various charges and credits.

  • Version History Draft 1: April 20, 2009 5Standard INT-003-2 3 — Interchange Transaction Implementation A.


More Definitions of Interchange Transaction

Interchange Transaction means an energy or ancillary services transaction that crosses one or morebalancing authority area boundaries.[ Rules (2010-04-30), Alberta Reliability Standards (2014-10-01), Tariff (2011-07-01) ] "interconnected electric system"as defined in the Act means all transmission facilities and all electric distribution systems in Alberta that are interconnected, but does not include an electric distribution system or a transmission facility within the service area of the City of Medicine Hat or a subsidiary of the City, unless the City passes a bylaw that is approved by the Lieutenant Governor in Council under section 138of the Act.[ Rules (2010-12-01), Alberta Reliability Standards (2011-12-31), Tariff (2011-07-01) ] "interconnected transmission operator "means the entity outside of Alberta responsible for the reliability of its “local” transmission system, and that operates or directs the operations of the transmission facilities.[ Alberta Reliability Standards (2010-01-22) ] "interconnection"means the electrical connection of the AIES with any electric system in ajurisdiction bordering Alberta.[ Rules (2003-06-01) ] "interconnection"means the electrical connection of the interconnected electric system with any electric system in a jurisdiction bordering Alberta and when capitalized, it meansany one (1) of the three (3) major electric system networks in North America: Eastern, Western, and ERCOT.[ Alberta Reliability Standards (2014-10-01) ] "interconnection reliability operating limit Tv"means the maximum time that an interconnection reliability operating limit can be violated before the risk to the interconnection or other reliability coordinator area(s) becomes greater than acceptable. Each interconnectionreliability operating limit Tv must be less than or equal to thirty (30) minutes.[ Alberta Reliability Standards (2015-09-01) ]"interconnection reliability operating limits"means a system operating limit, that if violated, could lead to instability, uncontrolled separation or cascading outages that adversely impact thereliability of the bulk electric system.[ Alberta Reliability Standards (2014-10-01) ] "intermediate system"means a cyber asset or collection of cyber assets performing access control to restrict interactive remote access to only authorized users. The intermediatesystem must not be located inside the electronic security perimeter.[ Alberta Reliability Standards (2017-10-01) ] "interruptible demand"means the demand that a load market particip...
Sample 1
Interchange Transaction means an electronic fund transfer that results in exchange of data and settlement of funds between 2 or more unaffiliated financial institutions. "Issuer" means a person that issues a general use reloadable card or that person's agent with respect to the card. "Marketed or labeled as a gift card or gift certificate" means directly or indirectly offering, advertising, or otherwise suggesting the potential use of a card, code, or other device as a gift for another person. "Network" means an electronic information communication and processing system that processes interchange transactions. "Person" means a natural person, corporation, unit of government or governmental subdivision or agency, trust, estate, partnership, cooperative, or association. "Seller of goods and services" means a business entity other than a financial institution. "Switch" means an electronic information and communication processing facility that processes interchange transactions on behalf of a network. This term does not include an electronic information and communication processing company (1) that is owned by a bank holding company or an affiliate of a bank holding company and used solely for transmissions among affiliates of the bank holding company or (2) to the extent that the facility, by virtue of a contractual relationship, is used solely for transmissions among affiliates of a bank holding company, regardless of whether the facility is an affiliate of the bank holding company or operates as a switch with respect to one or more networks under an independent contractual relationship. "Terminal" means an electronic device through which a consumer may initiate an interchange transaction. This term does not include (1) a telephone, (2) an electronic device located in a personal residence, (3) a personal computer or other electronic device used primarily for personal, family, or household purposes, (4) an electronic device owned or operated by a seller of goods and services unless the device is connected either directly or indirectly to a financial institution and is operated in a manner that provides access to an account by means of a personal and confidential code or other security mechanism (other than signature), (5) an electronic device that is not accessible to persons other than employees of a financial institution or affiliate of a financial institution, or (6) an electronic device that is established by a financial institution on a proprietary basis that is identified as s...
Sample 1
Interchange Transaction means an agreement to transfer energy from a seller to a buyer that crosses one or more BA area boundaries.
Sample 1

Related to Interchange Transaction

  • Exchange Transaction means an exchange of Units for Common Units pursuant to, and in accordance with, the Exchange Agreement or, if the Issuer and the exchanging Limited Partner shall mutually agree, a Transfer of Units to the Issuer, the Partnership or any of their subsidiaries for other consideration.

  • PJM Interchange Export means the following, as determined in accordance with the Operating Agreement and Tariff: (a) for a Market Participant that is a Network Service User, the amount by which its interval Equivalent Load is exceeded by the sum of the interval outputs of its operating generating resources; or (b) for a Market Participant that is not a Network Service User, the amount of its Spot Market Backup sales; or (c) the interval scheduled deliveries of Spot Market Energy by a Market Seller from an External Resource; or (d) the interval net metered output of any other Market Seller.

  • 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.

  • PJM Interchange Import means the following, as determined in accordance with the Operating Agreement and Tariff: (a) for a Market Participant that is a Network Service User, the amount by which its interval Equivalent Load exceeds the sum of the interval outputs of its operating generating resources; or (b) for a Market Participant that is not a Network Service User, the amount of its Spot Market Backup purchases; or (c) the interval scheduled deliveries of Spot Market Energy to an External Market Buyer; or (d) the interval scheduled deliveries to an Internal Market Buyer that is not a Network Service User.

  • PJM Interchange means the following, as determined in accordance with the Operating Agreement and Tariff: (a) for a Market Participant that is a Network Service User, the amount by which its interval Equivalent Load exceeds, or is exceeded by, the sum of the interval outputs of its operating generating resources; or (b) for a Market Participant that is not a Network Service User, the amount of its Spot Market Backup; or (c) the interval scheduled deliveries of Spot Market Energy by a Market Seller from an External Resource; or (d) the interval net metered output of any other Market Seller; or (e) the interval scheduled deliveries of Spot Market Energy to an External Market Buyer; or (f) the interval scheduled deliveries to an Internal Market Buyer that is not a Network Service User.

  • interchange fee means a fee paid between the payment service providers of the payer and of the payee for each direct debit transaction;

  • Card Transaction means any purchase of goods and/or services or any transfer or cash advances effected by the use of a Card;

  • Card Transactions means the value of goods and services purchased by means of the Card, and evidenced by sales receipt, or cash withdrawals effected with his Card, or at any point of sale.

  • 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.

  • Pawn transaction means the same as that term is defined in Section 13-32a-102.

  • Acquisition Transactions means the transactions contemplated by the Acquisition Agreement.

  • sale and repurchase transactions means transactions whereby a Sub-Fund sells its Securities to a counterparty of Reverse Repurchase Transactions and agrees to buy such Securities back at an agreed price with a financing cost in the future.

  • Interchange means the electronic exchange of Data between the Parties using the Adopted Protocol;

  • Seller Transaction Expenses means all unpaid fees, costs, charges, expenses, obligations, payments and awards that are incurred by the Sellers or their Affiliates in connection with, relating to or arising out of the preparation, negotiation, execution, delivery and performance of this Agreement and the Transaction Documents and the consummation of the transactions contemplated hereby and thereby, including all Taxes.

  • ACH Transactions means any cash management or related services (including the Automated Clearing House processing of electronic fund transfers through the direct Federal Reserve Fedline system) provided by a Bank Product Provider for the account of Borrower or its Subsidiaries.

  • Bundled transaction means the purchase of 2 or more distinct and identifiable products, except real property and services to real property, where the products are sold for a single nonitemized price. A bundled transaction does not include the sale of any products in which the sales price varies, or is negotiable, based on the selection by the purchaser of the products included in the transaction. As used in this subdivision:

  • Online Transaction means any Phone/Electronic Transaction requested through an Electronic Transmission over the Internet.

  • Pre-Exchange Transfer means any transfer or distribution in respect of one or more Common Units (i) that occurs prior to an Exchange of such Common Units, and (ii) to which Section 743(b) or 734(b) of the Code applies.

  • Excluded Transactions means:

  • Public-finance transaction means a secured transaction in connection with which:

  • PJM Interchange Energy Market means the regional competitive market administered by the Office of the Interconnection for the purchase and sale of spot electric energy at wholesale in interstate commerce and related services established pursuant to Operating Agreement, Schedule 1, and the parallel provisions of Tariff, Attachment K - Appendix.

  • Company Acquisition Transaction means any transaction or series of transactions involving:

  • Acquisition Transaction means any transaction or series of transactions involving:

  • 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.

  • Securitization Transaction Any transaction involving either (1) a sale or other transfer of some or all of the Mortgage Loans directly or indirectly to an issuing entity in connection with an issuance of publicly offered or privately placed, rated or unrated mortgage-backed securities or (2) an issuance of publicly offered or privately placed, rated or unrated securities, the payments on which are determined primarily by reference to one or more portfolios of residential mortgage loans consisting, in whole or in part, of some or all of the Mortgage Loans.

  • Exempt Transactions means the transactions described in the section hereof titled “Exempt Transactions.”