Merchant Payments definition

Merchant Payments has the meaning ascribed to that term in Section 12.
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Examples of Merchant Payments in a sentence

  • Merchant Payments and Restrictions You should schedule your payment dates at least seven to ten (7-10) business days in advance of the date your payment is actually due, not including any grace period.

  • This paper is based on a report which I submitted on behalf of the Australian Merchant Payments Forum (AMPF) to the Reserve Bank of Australia, which is available at http://www.rba.gov.au/PaymentsSystem/ Reforms/RevCardPaySys/Pdf/frankel_31082007.pdf.

  • Types of E Commerce Solutions- Direct Marketing and Selling, Supply Chain Integration, Corporate Procurement, EDI.Electronic Payment Systems-Overview of Electronic Payment Systems, Cybercash (Customer to Merchant Payments, Peer to Peer Payments, Security).

  • Personal Accounts may also be used to make Authorised Merchant Payments as described in this Agreement where such Authorised Merchant Payments are available.

  • This is confirmed by a recent submission by the Australian Merchant Payments Forum (AMPF – an umbrella organisation formed by the ARA to represent merchants in issues relating to the card payments system) to the RBA in relation to the possible designation of the EFTPOS and ATM networks.

  • Merchant Payments through bio-metric can be done by digitisation of payments through PACS and onboarding of PWCS.

  • The origination of ACH transactions to and from your Account, including ACH transactions initiated for Merchant Payments, is triggered by your request and only upon the date of your request.

  • Merchant Payments through bio-metric can be done by digitisation of payments through LPG distributors.

  • It also provides Online and on Mobile, Merchant Payments, using a signature white label solution, to many telecom operators, bank led m/e Wallets and online banking portals.

  • In the jurisdiction of every Tribunal there are first instance courts.

Related to Merchant Payments

  • Event Payments has the meaning set forth in Section 6.1(d).

  • Payments has the meaning set forth in Section 8.11.

  • FILOT Payments means the amount paid or to be paid in lieu of ad valorem property taxes as provided herein.

  • Rental Payments means the rental payments paid by the occupant of a unit, excluding any supplemental rental assistance to the occupant from the State, the federal government, or any other public agency, but including any mandatory fees or charges imposed on the occupant by the Owner as a condition of occupancy of the unit.

  • Service payments means payments to the private entity of a qualifying project pursuant to a service contract.

  • Production Payments means, collectively, Dollar-Denominated Production Payments and Volumetric Production Payments.

  • Installment Payments shall have the meaning set forth in Section 5(b)(ii).

  • Subsidy Account If the Trust Estate contains any Subsidy Loans, the deposit account or accounts created and maintained by the Servicer for deposit of Subsidy Funds and amounts payable under interest subsidy agreements relating to mortgage loans other than the Mortgage Loans.

  • Overpayments as used in this Section include payments (i) made by the System Agency that exceed the maximum allowable rates; (ii) that are not allowed under applicable laws, rules, or regulations; or (iii) that are otherwise inconsistent with this Contract, including any unapproved expenditures. Xxxxxxx understands and agrees that it will be liable to the System Agency for any costs disallowed pursuant to financial and compliance audit(s) of funds received under this Contract. Xxxxxxx further understands and agrees that reimbursement of such disallowed costs shall be paid by Grantee from funds which were not provided or otherwise made available to Grantee under this Contract.

  • Aggregate Payments as defined in Section 7.2.

  • Intercompany Account means any receivable, payable or loan between any member of the Ensign Group, on the one hand, and any member of the Pennant Group, on the other hand, that exists prior to the Effective Time and is reflected in the records of the relevant members of the Ensign Group and the Pennant Group, except for any such receivable, payable or loan that arises pursuant to this Agreement or any Ancillary Agreement.

  • Volumetric Production Payments means production payment obligations recorded as deferred revenue in accordance with GAAP, together with all undertakings and obligations in connection therewith.

  • Intercompany Accounts has the meaning set forth in Section 2.03(a).

  • relevant payment means either a student loan or an amount intended for the maintenance of dependants referred to in paragraph 76(7) or both.

  • Consolidated Rental Payments means, with reference to any period, all payments under all Operating Leases (including payments for leases which have been reserved against), net of any related income from subleases, in each case calculated for the Company and its Subsidiaries on a consolidated basis for such period.

  • Monthly Service Fees means the monthly (or 1/12 of the annual fee) subscription fees paid for the affected Cloud Service which did not meet the SA SLA.

  • Third Party Payments means the payment made through instruments issued from an account other than that of the beneficiary investor mentioned in the application form. However, in case of payments from a joint bank account, the first named applicant/investor has to be one of the joint holders of the bank account from which payment is made.

  • Capitation Payment means a payment the STATE makes periodically to the MCO for each Enrollee covered under the Contract for the provision of services as defined in Article 6 regardless of whether the Enrollee receives these services during the period covered by the payment.

  • Transaction Payroll Taxes means the employer portion of any employment or payroll Taxes with respect to any bonuses, severance, option cashouts, Change in Control Payments or other compensatory payments in connection with the transactions contemplated by this Agreement, whether payable by Buyer, the Company or its Subsidiaries.

  • Collections means all cash, checks, notes, instruments, and other items of payment (including insurance proceeds, proceeds of cash sales, rental proceeds, and tax refunds).

  • Processing Fees means all routine, generally applicable City-wide fees required by the City for processing applications and permits including, but not limited to, fees for land use applications, building applications, building permits, and certificates of occupancy.

  • Termination Payments has the meaning specified in Section 10(a).

  • Payments or Deposits means the cash, check, or credit card amounts actually paid for Your Trip. Certificates, vouchers, discounts, credits, frequent traveler or frequent flyer rewards, miles or points applied (in part or in full) towards the cost of Your Travel Arrangements are not Payments or Deposits as defined herein.

  • Monthly Fees means, collectively, [INSERT FOR HFS: the Monthly Food and Beverage Fee,] the Monthly Program Fee and the Monthly Royalty Fee, each of which is set forth in the Addendum. [INSERT FOR HFS: “Monthly Food and Beverage Fee” means the fee we require from you in Subsection 8.2, which is set forth in the Addendum.]

  • Intercompany Payables means all account, note or loan payables and all advances (cash or otherwise) or any other Extensions of Credit that are payable by Parent or any of its Subsidiaries (other than the Bank or its Subsidiaries) to the Bank or its Subsidiaries.

  • Credits means the Federal and State Housing Tax Credit program.