NPP Payment definition

NPP Payment means a payment processed through the NPP and includes Osko Payments and Basic NPP Payments.
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NPP Payment means a transfer of funds cleared and settled through the NPP.
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NPP Payment means a transfer of funds cleared and settled through the NPP (including Osko Payments).
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Examples of NPP Payment in a sentence

  • Where we and the sending financial institution determine that an NPP Payment made to your Account is either a Mistaken Payment or a Misdirected Payment, we may, without your consent, and subject to complying with any other applicable Terms and Conditions, deduct from your Account, an amount up to the original amount of the Mistaken Payment or Misdirected Payment.

  • In this case, the timing of making the funds available to the payee is at the discretion of the receiving bank.If the payee is unable to accept Osko payments or other types of NPP Payment, we will send the payment as a BECS payment.

  • Clearing Request or CR means the NPP Message that initiates an NPP Payment.

  • AUTHORITY TO RECOVER MISTAKEN OR MISDIRECTED PAYMENTS 24.1. Where we and the sending financial institution determine that an Osko or other NPP Payment made to your account is either a Mistaken Payment or a Misdirected Payment, we may, without your consent, and subject to complying with any other applicable terms and conditions, deduct from your account, an amount up to the original amount of the Mistaken Payment or Misdirected Payment.

  • He was an extremely powerful public speaker and his rhetoric reflected an activist style that was a product of the macho orientation of Black street culture, the “university of the penitentiary”, and themes of the quest for manhood and rebellion that were an essential element of Black political culture.

  • Unless we are found to be negligent, fraudulent or to have otherwise breached our legal obligations, we are not liable to you if a NPP Payment is not made or for any delay in the time taken for a NPP Payment to be received by you or by the recipient of your funds.When you ask us to make a NPP Payment you agree that we may disclose your personal information if we are required to do so by any external scheme rules, regulations or procedures applicable to Osko or the NPP.

  • Where you make an Osko Payment or other NPP Payment using a credit or debit card, no ‘chargeback’ rights will be available in relation to the payment.

  • Unless the payment was an NPP Payment, the funds must be forwarded to us within2 business days of the expiry of this period.

  • The full payment description, all special characters, all foreign language characters and all emojis for a NPP Payment may not be able to be viewed on Internet Banking or your statements of account.

  • You can make Osko Payments from those of our accounts which support Osko Payments.To send a payment via Osko the account to which you are sending the payment must be able to receive Osko payments.If the payee is unable to accept Osko payments but is capable of accepting other types of NPP Payments, we may send the payment as another NPP Payment type.


More Definitions of NPP Payment

NPP Payment means a payment cleared and settled via the NPP and includes Osko Payments.
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NPP Payment means a Pay Anyone Payment made through Online Banking and Mobile Banking which is processed via the NPP in near real time.
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NPP Payment means a payment settled and cleared through the NPP and includes Fast Payments, Osko Payments and PayTo Payments
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Related to NPP Payment

  • AHYDO Catch-Up Payment means any payment with respect to any obligations of the Borrower or any Restricted Subsidiary, in each case to avoid the application of Section 163(e)(5) of the Code thereto.

  • Payment Amount as defined in Section 3.5.

  • Monthly Payment Amount means, with respect to each Payment Date, a payment equal to the amount of interest which has accrued during the related Interest Accrual Period, computed at the Interest Rate.

  • Delta Payment means as it is described in this Agreement.

  • Payment Cap For each Mortgage Loan, the percentage limit set forth in the related Mortgage Note concerning the maximum permitted increase in a monthly payment.

  • Net Payment means the amount the Issuer or any paying agent pays the Holder after deducting or withholding an amount for or on account of any present or future tax, assessment or other governmental charge imposed with respect to that payment by a taxing authority (including any withholding or deduction attributable to additional amounts payable pursuant to this Section).

  • Down payment means all partial payments, whether made in cash or otherwise, received by or for the benefit of the seller before or substantially contemporaneous with either the execution of the installment sale contract or the delivery of the motor vehicle sold under that contract, whichever occurs later.

  • Payment month means, for all programs except EA, the calendar month for which benefits are issued.

  • 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.

  • Late Payment Surcharge shall have the meaning ascribed thereto in Article 10.3.3 of this Agreement;

  • Settlement Payment means the transfer, or contractual undertaking (including by automated clearing house transaction) to effect a transfer, of cash or other property to effect a Settlement.

  • Initial Monthly Payment Fund An amount representing scheduled principal amortization and interest at the Net Mortgage Rate for the Due Date in the first Due Period commencing subsequent to the Cut-off Date for those Mortgage Loans for which the Trustee will not be entitled to receive such payment, and as more specifically defined in the Series Supplement.

  • PAGA Payment means the penalties pursuant to PAGA that the Parties have agreed is a

  • Minimum Monthly Payment for any Mortgage Loan and any month means the minimum amount required to be paid by the related mortgagor in that month.

  • Payment Ahead means, with respect to a Precomputed Receivable and a Collection Period, any Excess Payment (not representing, when added to any Deferred Prepayment with respect to such Precomputed Receivable, a prepayment in full of such Precomputed Receivable) which the Servicer, in accordance with its customary servicing practices, will apply towards the payment of Scheduled Payments due in one or more future Collection Periods.

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

  • PRE-PAYMENT The Tenant shall: (check one)

  • CVR Payment Amount means with respect to each CVR Payment and each Holder, an amount equal to such CVR Payment divided by the total number of CVRs and then multiplied by the total number of CVRs held by such Holder as reflected on the CVR Register.

  • Initial Trip Payment means the first payment made to the Insured’s Travel Supplier toward the cost of the Insured’s Trip.

  • Agreement Payment means a Payment paid or payable pursuant to this Agreement.

  • Upfront Payment has the meaning set forth in Section 4.1.

  • Distribution Payment Date has the meaning set forth in paragraph 2(b) of Annex I.

  • Earnout Payment has the meaning set forth in Section 2.3(b).

  • Debit Payment means a particular transaction where a debit is made.

  • Termination Payment has the meaning set forth in Section 6.03.

  • Late Payment Charge means the charge that is applied when either Party fails to remit payment for any charges by the Bill Due Date, or if payment for any portion of the charges is received after the Bill Due Date, or if payment for any portion of the charges is received in funds which are not immediately available or received by either Party as of the Bill Due Date, or if either Party does not submit the Remittance Information.