Recurring Payment Card definition

Recurring Payment Card means the payment card from which a Customer has authorised TfL to debit varying amounts as and when they become due for the purposes of the Customer's Auto Pay service; "Recurring Transaction Mandate"means the agreement to which a Customer has given consent authorising TfL to debit their Recurring Payment Card of varying amounts as and when they become due for the purposes of the Customer's Auto Pay service;"Redundancy Cost"has the meaning given to it in paragraph 8.7(B) of Schedule 7 (Charging and Operational Pricing);"Reference Data"means non-transactional Data;"Referral Notice"has the meaning given to it in paragraph 4.21 of Schedule 21 (Dispute Resolution Procedure);"Referring Party"has the meaning given to it in paragraph 4.5 of Schedule 21 (Dispute Resolution Procedure); "Refund Threshold"means the Parameterised Refund limit set by TfL from time to time for each Scheme below which the Service Provider may systematically process a Refund with no further authorisation by TfL. Refund amounts equal to or above the Parameterised Refund Threshold must first be authorised by TfL;"Registered Customer"means a Customer who has registered for and has an active Customer Account; "Registered Keeper"means the person in whose name a vehicle is registered under the Vehicle Excise and Registration Act 1994 (or the equivalent legislation, if registered outside England and Wales); "Regression Testing"means Testing of a previously tested program following modification (to the Software or its Environment) to ensure that defects have not been introduced or uncovered in unchanged areas of the Software, as a result of the changes made;"Reimbursement Claim"means a claim made for a reimbursement of Charge Payment(s);"Reimbursement Service"means a service available to TFL approved NHS Hospitals and the LFEPA, and which operates in accordance with Appendix 2 of Schedule 2 (Statement of Requirements (Business Operations)); "Release"means one (1) or more changes to the Service Systems that are built, Tested and deployed together (for example, a single Release may include changes to Hardware, Software, Documentation, processes and other components); "Release Management"means processes, procedures and tools within Services Management for identifying, logging, monitoring, and managing the deployment of Releases in to the live Service System(s); "Release Note(s)"means the documents given by the Service Provider to TfL detailing the changes or enhancements made to the Service System(...
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Examples of Recurring Payment Card in a sentence

  • If Merchant fails to comply with any of the requirements in this Section with respect to a Recurring Payment Plan, or if a Cardholder initiates a Dispute at any time with respect to (i) a Discover Transaction involving a Recurring Payment Plan or (ii) the goods or services that Merchant agreed to provide pursuant to a Recurring Payment Plan, a Dispute may be initiated against Merchant of any Recurring Payment Card Sale, in addition to any payments that were previously submitted to and settled by Processor.

Related to Recurring Payment Card

  • recurring payments “reference transactions” "preauthorized transfers" or "preapproved payment." You can cancel your billing agreement at any time in your account interface or by contacting us. Where a payment under that billing agreement is scheduled to be made before the end of the next Business Day after you tell us to cancel it, we may cancel your billing agreement after that payment has been made. If you cancel a billing agreement, you may still owe the recipient money for goods or services that you have received but have not paid for. If we determine currency conversion is necessary for a billing agreement payment, and we perform the conversion, we will use the transaction exchange rate in effect at the time the payment is processed. The transaction exchange rate for each payment transaction may vary. Refunds to your account How refunds can happen We may allow the recipient of your payment to: • Refuse to accept it. • Decide to accept it and then use our service to send you a refund of all or any part of the amount of the payment later. We will return the amount of any refused payment or refunded payment to your Balance. We will return the amount of an unclaimed payment to your balance within 30 days after the date you initiated the payment. If any amount of any payment is returned to you in any of the ways outlined above, we may convert the returned amount for you into either: • The currency of the balance you used for the original payment (before any conversion into the currency received by the recipient happened). • The opening currency of your account. • US dollars (opening a balance in that currency for you, if you don’t have one already). If the original payment you sent involved a currency conversion we will convert the returned amount from the currency received by the recipient as follows: • If the amount is returned within one day of the date of the original payment we will use our transaction exchange rate applicable on the date of the original payment, so that you receive the original amount in the original currency you converted for the original payment. • If the amount is returned after one day of the date of the original payment we will use and you agree to accept our transaction exchange rate applicable at the time of the conversion of the returned amount. The transaction exchange rate may be applied immediately and without notice to you. We may also automatically withdraw the returned amount from your Balance and transfer the funds back to the funding source you used for the original payment. Withdrawals can also involve a currency conversion – see the section on Withdrawing money above. Risks when receiving refunds The returned amount could be lower in value than your original payment amount. This can happen as a result of: • The recipient sending you a refund lower in value than your original payment amount. As we are only a payment service provider, we cannot know what you are entitled to from the original payment recipient as a refund or why the recipient sent the refund in a particular amount. • Transaction exchange rate fluctuations. PayPal is not responsible for any loss resulting from the recipient's decision to refuse or refund your payment, except to the extent that a refund sent by the recipient is a payment executed incorrectly by PayPal We are not liable to you for the difference between the value of your original payment and the value of the resulting refund, except to the extent that the refund is an incorrect payment (see the section on Resolving Problems).

  • Payment card means a credit card, charge card, debit card, or any other card that is issued to an authorized card user and that allows the user to obtain, purchase, or receive goods, services, money, or anything else of value from a merchant.

  • Payment Cap For each Mortgage Loan, the percentage limit set forth in the related Mortgage Note concerning the maximum permitted increase in a monthly payment.

  • Premium Payment Term means the term specified in the Schedule, during which the Premiums are payable by You;

  • Minimum Monthly Payment for any Mortgage Loan and any month means the minimum amount required to be paid by the related mortgagor in that month.

  • Recurring Revenue means, with respect to any period and any Asset, the meaning of “Recurring Revenue”, “Adjusted Recurring Revenue” or any comparable definition in the Investment Documents or if there is no such term in the Investment Documents all recurring subscription, service, support or maintenance revenue for such period for such Asset.

  • Premium payment plan means a benefit plan whereby state and

  • Monthly Payment Amount means, with respect to each Payment Date, a payment equal to the amount of interest which has accrued during the related Interest Accrual Period, computed at the Interest Rate.

  • Monthly Invoice means an invoice issued in accordance with section 21 by MDL or the Incentives Pool Trustee to a Shipper or Welded Party for all Charges payable in respect of the previous Month by that Shipper or Welded Party, together with any outstanding amounts in respect of any Month prior to the previous Month.

  • Payment Terms for a Supply Point means the Payment Method and Payment Period for it;

  • MONTHLY KILOMETREAGE STATEMENT CUM BILL means the format specified by the Company.

  • Interim Payment has the meaning specified in Section 10.1.

  • Scheduled Final Payment Date means, with respect to the Storm Recovery Bonds, the date with respect to each tranche when all interest and principal is scheduled to be paid in accordance with the Expected Sinking Fund Schedule, as specified in the Series Supplement. For the avoidance of doubt, the Scheduled Final Payment Date shall be the last Scheduled Payment Date set forth in the Expected Sinking Fund Schedule. The “last Scheduled Final Payment Date” means the Scheduled Final Payment Date of the latest maturing Tranche of Storm Recovery Bonds.

  • Premium Payment Date in respect of any Option, means the date on which the Premium is due and payable, as agreed to at the time the Option is entered into, as evidenced in a Confirmation.

  • Monthly Payment Date means the Payment Date (as defined in the Mortgage Loan Documents).

  • Basic Rent Payment Date means the Delivery Date, and the numerically corresponding day in each calendar month thereafter during the Term, and if such day is not a Business Day, then the immediately preceding calendar day which is a Business Day.

  • Prepaid Monthly Payment Any Monthly Payment received prior to its scheduled Due Date, which is intended to be applied to a Mortgage Loan on its scheduled Due Date and held in the related Custodial Account for P&I until the Withdrawal Date following its scheduled Due Date.

  • Deferred Sales Charge Payment Dates means the dates specified for deferred sales fee installments under "Investment Summary--Fees and Expenses" in the Prospectus for the Trust.

  • Rent Payment Date means each date on which an installment of rent is due and payable pursuant to Section 5(a) hereof.

  • Purchase at retail means the acquisition, consumption or use of telecommunications through a sale at retail.

  • Replacement Card means a renewal or replacement Card issued to you by us;

  • lump sum payment period means the period measured in weeks of salary, for which payment has been made to facilitate the transition to retirement or to other employment as a result of the implementation of various programs to reduce the size of the Public Service. The lump sum payment period does not include the period of severance pay, which is measured in a like manner.

  • Payment month means, for all programs except EA, the calendar month for which benefits are issued.

  • Payment Ahead means, with respect to a Precomputed Receivable and a Collection Period, any Excess Payment (not representing, when added to any Deferred Prepayment with respect to such Precomputed Receivable, a prepayment in full of such Precomputed Receivable) which the Servicer, in accordance with its customary servicing practices, will apply towards the payment of Scheduled Payments due in one or more future Collection Periods.

  • Total Service Charges means all charges, after application of all discounts and credits, for Services excluding Taxes, Governmental Charges, equipment, Company ILEC, Company Wireless, Document Delivery Fax, non-recurring, goods and services acquired by Company as Customer’s agent, international pass-through access (Type 3/PTT) and charges for international access or provided by Company (Type 1), charges for security services provided by Cybertrust, Inc. or its affiliates set forth in the Guide as providers of Cybertrust security services and other charges expressly excluded by this Agreement.