Preauthorized Debit definition

Preauthorized Debit means a Transaction debiting the Account that is processed electronically by a financial institution in accordance with Your written request.
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Preauthorized Debit means a Transaction debiting the Account that is processed electronically by a financial institution in accordance with the Depositor's written request.
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Preauthorized Debit means a Transaction debiting an account that is processed electronically by a financial institution in accordance with the Depositor’s written request.
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More Definitions of Preauthorized Debit

Preauthorized Debit means a Transaction debiting the Account that is processed electronically by the Credit Union in accordance with the Member’s request. Partner Organization means any person, firm, corporation, association, organization or entity other than the Credit Union that is providing products or services in conjunction with the Credit Union.
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Preauthorized Debit means a Transaction debiting the Account that is processed electronically by a financial institution in accordance with the Member’s instructions to a Third Party to debit the Account under Canadian Payments Association Rules.
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Preauthorized Debit means that the payment of principal and interest on the Bonds is electronically deducted from the bank account of the Issuer, which bank account shall be designated by the Issuer in writing to the Government prior to the issuance of the Bonds.
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Related to Preauthorized Debit

  • Authorized Driver means (A) the renter, (B) the renter’s

  • State electronic verification system means the system described in Section 26-61a-103.

  • Authorized Broker means those Brokers which are authorized to deal in Government Securities.

  • Authorized emergency vehicle means any of the following:

  • Authorized insurer means, in the case of an interstate motor carrier whose operations may or may

  • Authorized account means a deposit account of a customer in a bank designated by the customer as a source of payment of payment orders issued by the customer to the bank. If a customer does not so designate an account, any account of the customer is an authorized account if payment of a payment order from that account is not inconsistent with a restriction on the use of that account.

  • Electronic Record and “Electronic Signature” shall have the meanings assigned to them, respectively, by 15 USC §7006, as it may be amended from time to time.

  • Authorized By means the same as "authorization" as defined in § 24.2-945.1.

  • Electronic Health Record shall have the same meaning as the term is defined in section 13400 of the HITECH Act (42 U.S.C. §17921(5).

  • Authorized Bank Account means any Officially Designated bank account to which redemption proceeds may be sent.

  • Account Information means any information relating to the Account including without limitation to the Account number, Account balance or value, gross receipts, withdrawals and payments to or from the Account.

  • District and high school graduation report means a report of the number of pupils, excluding adult education participants, in the district for the immediately preceding school year, adjusted for those pupils who have transferred into or out of the district or high school, who leave high school with a diploma or other credential of equal status.

  • Debit means a charge or an amount of money somebody must pay. If we debit money to you or debit money to your account, that money is then added to the unpaid balance and the unpaid balance becomes larger. In this case “charge” and “debit” have similar meanings.

  • Authorized Reseller a reseller, distributor or other partner authorized by Celonis to sell Celonis products or services.

  • Electronic Payment System means a payment system that generates any transfer of funds, other than a transaction originated by cash, check, or similar paper instrument, which is initiated through an electronic terminal, telephone, mobile phone, computer, or magnetic tape, for the purpose of ordering, instructing or authorizing a financial institution to debit or credit an account. The term includes debit cards, wire transfers, transfers made at automatic teller machines, and point-of-sale terminals.

  • Authorized Investment means any type of instrument, security, participation or other property in which Cash Collateral may be invested or reinvested, as described in Section 5(f) hereof and Appendix 4 hereto (and as such Appendix may be amended from time to time by written agreement of the parties).

  • Authorized inspector means inspectors employed by the authorities responsible for boarding and inspection included in the Commission register and authorized to conduct boarding and inspection activities pursuant to these procedures;

  • Authorized Dealer means a person authorized as an authorized dealer under sub-section (1) of section 10 of FEMA.

  • Authorized Instructions shall have the meaning set forth in Section 1.5.

  • Account Application Form means the Personal Account Application Form for International Personal Banking or Wealth and Investment as applicable;

  • Authorized Users(s) means an individual or individuals with a business need to access DSHS Confidential Information, and who has or have been authorized to do so.

  • Electronic recording A mortgage or a mortgage-related document created, generated, sent, communicated, received, or stored by electronic means (that complies with the requirements of the Electronic Signatures in Global and National Commerce Act or the Uniform Electronic Transactions Act, as applicable) that has been accepted for recording by a participating county land records office which accepts such electronic record of a mortgage or a mortgage-related document as an alternative to recordation of the original paper form of such document.

  • Authorized User means a person:

  • Electronic Data Interchange or “EDI technology” means the computer-to-computer exchange of business transactions in a standardized, structured electronic format.

  • Authorized Branches means those Branches of Distributors or Distribution Companies which are allowed by the Management Company to deal in Units of the Funds managed by the Management Company.

  • Authorized delegate means a person a licensee designates to provide money services on behalf of the licensee.