Personal PAD definition

Personal PAD shall have the meaning set forth in the Pre-Authorized Debit Rules.
Personal PAD means a PAD drawn on the account of a Payor for payments such as, but not limited to, charitable donations, non-member investment contributions, mortgage instalments, utility bills, insurance premiums, membership fees, property taxes, credit card ▇▇▇▇▇▇▇▇, lines of credit, loans and payment for other consumer goods or services.
Personal PAD means a PAD drawn for the payment of goods or services related to your personal, household or consumer activity. You acknowledge that if this PAD is used for payment of a business TD Credit Card Account with us, it is a Business PAD. You acknowledge that if this PAD is used for payment of a personal TD Credit Card Account with us, it is a Personal PAD. You acknowledge that this Agreement is being entered into for our benefit and the benefit of any financial institution that holds the PAD Account (the "PAD Institution"), and is being entered into in consideration of the PAD Institution agreeing to process PADs against the PAD Account in accordance with the rules of the Canadian Payments Association. You authorize us to debit the PAD Account for all amounts owed to us from time to time under the TD Credit Card Account for the payment amount indicated under Payment Options on the Form.

Examples of Personal PAD in a sentence

  • Each PAD Authorization has been executed by persons with signing authority in respect of the account at a Canadian financial institution that is the subject of such PAD Authorization and any such PAD Authorization is a Business PAD and not a Personal PAD.

  • The financial institution shall reimburse me, on behalf of the organization, for any amounts withdrawn in error, within 90 calendar days of the withdrawal for a Personal PAD and within 10 business days for a Business PAD, provided that the reimbursement is claimed for a valid reason.

  • In order to be reimbursed, I/we acknowledge that a declaration to my/our financial institution to the effect that either (i) or (ii) took place, must be completed and presented to the branch of the financial Institution holding my/our account up to and including 90 calendar days in the case of a Personal PAD (or up to and including 10 business days in the case of a Business PAD), after the date on which the PAD in dispute was posted to my/our Account.

  • To obtain more information on whether my PAD is a "Personal PAD" or a "Business PAD", I/We may contact my/our financial institution or visit ▇▇▇.▇▇▇▇▇▇▇▇.▇▇.

  • I/We acknowledge that a claim on the basis that my/our authorization was revoked, or any other reason, is a matter to be resolved solely between you and me/us when disputing any PAD after 90 calendar days in the case of a Personal PAD or after 10 business days in the case of a Business PAD.

  • You acknowledge that this is a Personal PAD drawn for the payment of goods or services related to your personal, household or consumer activity.

  • Amount of Payment (CDN$) Payment Type (choose one) Personal PAD Business PAD I/We acknowledge that this agreement is provided for the benefit of HUB Financial Inc.

  • Please read the terms and conditions of the Personal PAD AGREEMENT before signing and dating this form.

  • The financial institution shall reimburse me on behalf of the organization, for any amounts withdrawn in error, within 90 calendar days of the withdrawal for a Personal PAD and within 10 business days for a Business PAD, provided that the reimbursement is claimed for a valid reason.

  • Agreements before the due date of the first Personal PAD, and such notice shall be received every time there is a change in the amount or payment date(s).

Related to Personal PAD

  • Personal Pay means additional pay granted to an employee:

  • Personal Computer(s) means computers based on a microprocessor generally designed to be used by one person at a time and which usually store informational data on that computer’s internal hard drive or attached peripheral. A personal computer can be found in various configurations such as laptops, net books, and desktops.

  • Personal Computer means an IP-enabled desktop or laptop device with a hard drive, keyboard and monitor, designed for multiple office and other applications using a silicon chip/microprocessor architecture – and shall not include any Mobile Phones or Tablets. A Personal Computer must support one of the following operating systems: Windows XP, Windows 7, Mac OS, subsequent versions of any of these, and other operating system agreed in writing with Licensor.

  • Personal vehicle means a vehicle that is:

  • Personal use means for the private use of the individual