Pending Transaction means any item that we have authorized for payment but which has not yet posted to your account. Pending transactions include debit card authorizations, UMB Online bill payments, cash withdrawals, and electronic transfers of funds. Pending transactions also include returned deposited items that have not yet posted to your account. Pending transactions may be reported to you by UMB Online Banking, ATM mini-statements, UMB Direct telephone banking, or UMB Mobile Banking. The word “post” means, after we have received and completed our processing of deposits and items for payment, the operational functions that we perform to add any deposit or other credit transaction to, and subtract any item or other debit transaction from, your account. When you open a deposit account with the Bank, or if you continue to maintain an account at the Bank after the effective date of this booklet, you agree that you are bound by the Agreement contained in this booklet and by the Supplemental Disclosures that apply to your account, as they are amended from time to time. You agree to pay the service fees and charges for your account as set forth in the Supplemental Disclosures. We may deduct the service fees and charges from your account.

Examples of Pending Transaction in a sentence

Sellers and the applicable Buyers, as the case may be, extend and hereby grant to each other Party its rights under the Shared Licensed Intellectual Property to the extent that such licenses can be extended to such other Parties, including a right to other Parties to sublicense to any entity that is a successor or assignee of any portion of the Business or the business of a Pending Transaction operated by such other Parties.
The rights set forth in this paragraph shall lapse if a Pending Transaction is consummated according to an existing court approved agreement related to the Pending Transaction or a party that is or becomes an approved supplier of GM acquires the business of the Pending Transaction.
However Pending Transaction for services such as hotel stays and car rentals, can take as long as thirty (30) days to post or be released.
In the event that a Pending Transaction fails to be completed and is terminated, and subject to any rights granted under any existing court approved contract with any Seller, each of Seller and Company Buyer agrees to make Intellectual Property owned by Sellers and Sellers’ Affiliates used in the business subject to the failed Pending Transaction available for sale or paid-up license to any purchaser of the assets subject to the failed Pending Transaction.
In the interim, the payment amount is identified in our system as a Pending Transaction.

More Definitions of Pending Transaction

Pending Transaction means transaction pending settlement;

Pending Transaction means any item that we have authorized for payment or accepted for deposit, but which has not yet posted to your account. Pending transactions include debit card authorizations, UMB online bill payments, cash withdrawals, some types of deposits, and electronic transfers of funds. Pending transactions also include returned deposited items that have not yet posted to your account. You may obtain information about your pending transactions from Online Banking or Automated Telephone Banking.

Pending Transaction means any Investment (including any acquisition) in respect of which (i) a definitive agreement has been entered into and remains in full force and effect and (ii) the relevant Investment (including any acquisition) has not been consummated.

Pending Transaction means a pending acquisition (including, for the avoidance of doubt, the Acquisition) or investment, or refinancing, prepayment, repayment, redemption, repurchase, settlement, discharge or defeasance of existing indebtedness.

Pending Transaction has the meaning set forth in Section 2(d).

Pending Transaction means an ATM or Debit Card authorization that has not settled for final payment.

Pending Transaction means any acquisition or other similar Investment in respect of which a definitive agreement has been entered into and remains in full force and effect and with respect to which the calculation of compliance with certain financial ratios required for the permitted consummation thereof hereunder is being made at the time of signing of such definitive agreement.