Outstanding payment instrument definition

Outstanding payment instrument means any check, draft, money order, travelers check, other written instrument, electronic or wire transfer, closed-loop prepaid access or prepaid access device or vehicle, or facsimile issued by a licensee that has been sold in the United States directly by the licensee or any payment instrument issued by the licensee that has been sold by the licensee or an authorized delegate in the United States, that has been reported to the licensee as having been sold, and that has not yet been paid by or for the licensee.
Outstanding payment instrument means any payment
Outstanding payment instrument means any payment instrument issued by the licensee which has been sold in the United States directly by the licensee or any payment instrument issued by the licensee which has been sold by an authorized delegate of the licensee in the United States, which has been reported to the licensee as having been sold, and which has not yet been paid by or for the licensee.

Examples of Outstanding payment instrument in a sentence

  • Outstanding payment instrument" means a payment instrument issued by the licensee that has been sold in the United States directly by the licensee or a payment instrument issued by the licensee that has been sold by an authorized delegate in the United States, and has been reported to the licensee as having been sold, and that has not yet been paid by or for the licensee.[PL 1997, c.

  • A majority of the Piggybacking Investors in any Piggyback Offering shall be entitled to select Holders' Counsel for such Piggyback Offering.


More Definitions of Outstanding payment instrument

Outstanding payment instrument means a payment instrument issued by the
Outstanding payment instrument means a payment instrument issued by the licensee that has been sold in the United States directly by the licensee or a payment instrument issued by the licensee that has been sold and reported to the licensee as having been sold by an authorized agent of the licensee in the United States, and that has not yet been paid by or for the licensee.
Outstanding payment instrument means any payment instrument issued by the licensee which has been sold in the United States directly by the licensee or any payment instrument issued by the licensee which has been sold by an authorized
Outstanding payment instrument means, unless otherwise
Outstanding payment instrument means any exchange
Outstanding payment instrument means any exchange sold or issued by a licensee or any exchange issued by the licensee that has been sold by an agent of the licensee in the United States, that has been reported to the licensee as having been sold, and that has not yet been paid by or for the licensee.
Outstanding payment instrument means an unpaid payment instrument whose sale has been reported to a licensee.