Practice Change definition

Practice Change means BANA’s agreement to cease assessing NSF or OD Fees in connection with (a) an ACH entry on an Account that was submitted by a merchant or a merchant’s bank with a “REDEP CHECK” indicator, or (b) a physical check (not an ACH transaction) that was re-presented
Practice Change means BANA’s agreement to cease assessing NSF or OD Fees in connection with (a) an ACH entry on an Account that was submitted by a merchant or a merchant’s bank with a “REDEP CHECK” indicator, or (b) a physical check (not an ACH transaction) that was re-presented for payment after having initially been returned for non-sufficient funds and charged an NSF Fee, for a period of at least five (5) years beginning on 180 calendar days from Final Approval of the Settlement, whichever is later.
Practice Change means BANA’s agreement to cease assessing NSF or OD Fees on automated clearinghouse entries labeled by the merchant as a “RETRY PYMT” for a period of at least five (5) years beginning on either February 28, 2022 or 180 calendar days from Final Approval of the Settlement, whichever is later.

Examples of Practice Change in a sentence

  • The Practice Change was a condition sine qua non for Plaintiff’s acceptance of the present Settlement; both Plaintiff and Class Counsel recognize and accept that the applied change resolves entirely Plaintiff’s allegations and claims, both individual and as representative of the Settlement Class, regarding Platinum Tickets.

  • The Parties acknowledge that the Defendants have already implemented, on or before April 21, 2023, without any admission of liability or fault, the Practice Change, which they deem acceptable.


More Definitions of Practice Change

Practice Change means BANA’s agreement to not assess an ACH First Party Fee for a period of at least five (5) years from the Preliminary Approval of the Settlement.
Practice Change means the business practice change described in paragraph 8 of the Settlement;
Practice Change means the business practice change implemented by StockX on the StockX Platforms on February 3, 2023, as defined in paragraph 7 of this Settlement Agreement.
Practice Change means the deletion on the Ticketmaster Platforms of reference to Platinum Tickets as “some of the best seats in the house”;

Related to Practice Change

  • Material Change means a change that an average, careful investor would want to know about before making an investment decision. If a material change occurs afler you make an investment commitment but before the ORering closes, then the Company will notify you and ask whether you want to invest anyway. If you do not affirmatively choose to invest, then your commitment will be cancelled, your funds will be returned to you, and you will not receive any securities.

  • Benchmark Replacement Conforming Changes means, with respect to any Benchmark Replacement, any technical, administrative or operational changes (including changes to the definition of “Base Rate,” the definition of “Business Day,” the definition of “Interest Period,” timing and frequency of determining rates and making payments of interest, timing of borrowing requests or prepayment, conversion or continuation notices, the applicability and length of lookback periods, the applicability of breakage provisions, and other technical, administrative or operational matters) that the Administrative Agent decides may be appropriate to reflect the adoption and implementation of such Benchmark Replacement and to permit the administration thereof by the Administrative Agent in a manner substantially consistent with market practice (or, if the Administrative Agent decides that adoption of any portion of such market practice is not administratively feasible or if the Administrative Agent determines that no market practice for the administration of such Benchmark Replacement exists, in such other manner of administration as the Administrative Agent decides is reasonably necessary in connection with the administration of this Agreement and the other Loan Documents).