Refund Transaction definition

Refund Transaction means a Transaction processed using a Refund Password.
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Refund Transaction means an entry to the record of a State bank account representing a single deposit of refunds of $50,000 or more. A refund transaction may consist of a single check or item, or a bundle of accumulated checks. State Controller's Office (SCO) is responsible, in part, for fiscal control over the receipt and disbursement of public funds. State Treasurer's Office (STO) is responsible, in part, for the custody of all money and securities, investment of money, and the redemption and reconciliation of State warrants drawn by the SCO. State Department of Finance (Finance) is responsible, in part, for maintaining a complete and uniform State accounting system. The Fiscal Systems and Consulting Unit is responsible for administering the Cash Management Improvement Act. Local agencies are entities that receive assistance payments from the State departments. Depending on the programs, disbursements are made to one or more local agencies. The primary entities include city government, county government, community based organizations, school districts, and various service providers.
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Refund Transaction means an entry to the record of a State bank account representing a single deposit of refunds of $50,000 or more. A refund transaction may consist of a single check or item, or a bundle of accumulated checks. State Controller's Office (SCO) is responsible, in part, for fiscal control over the reporting and disbursement of public funds. State Treasurer's Office (STO) is responsible, in part, for the custody of all money and securities, investment of money, and the redemption and reconciliation of State warrants drawn by the SCO. State Department of Finance (Finance) is responsible, in part, for devising and maintaining a complete and uniform system of accounting as well as setting statewide fiscal and accounting policies and procedures. The Fiscal Systems and Consulting Unit is responsible for administering statewide programs including the Cash Management Improvement Act. Local agencies are entities that receive assistance payments from the State departments. Depending on the programs, disbursements are made to one or more local agencies. The primary entities include city government, county government, community-based organizations, school districts, and various service providers.
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Examples of Refund Transaction in a sentence

  • The Refund Transaction shall be made at a Merchant if the Cardholder returns the goods (services, works) bought at the Merchant earlier and paid for with the Card (Card details).

  • The Merchant shall have the right to decide whether to refund funds or not at its own discretion.The Refund Transaction shall be made with the same Card with which the purchase of the goods (works, services) being returned was made at the Merchant.

  • If the final cost of repairs is less than the estimated amount on the sales slip then You must submit a Refund Transaction.

  • If the Cardholder is unable to present the Card used for the goods (works, services) purchase to the Merchant because of its loss, re-issue with a change of PAN, closure of the bank card account opened for Card Transactions, etc., the Refund Transaction shall be performed according to the Acquirer’s internal procedure, requirements of the laws of the Russian Federation and the regulatory acts of the Bank of Russia, or of the laws applicable to the Acquirer.

  • You must let Us examine Your records relating to any Transaction or Refund Transaction.

  • The Acquirer shall submit the Refund Transaction reversal for the payment clearing within fifteen (15) calendar days from the date of the Refund Transaction processing.

  • You must retain, in a safe and secure place, copies of your sales and Refund Transaction Receipts and also summary vouchers used, for at least two (2) years, in case there is any dispute regarding a Card Transaction.

  • You must give evidence satisfactory to Us of a Transaction or a Refund Transaction within 7 days if we ask for it.

  • The Acquirer shall submit the Refund Transaction reversal for the payment clearing within thirty (30) calendar days from the date of the Refund Transaction processing.

  • You also agree to keep evidence of any Refund Transaction that is processed in cash or by cheque in accordance with clause 7.3.1 for at least 13 months from the date of the Refund Transaction.


More Definitions of Refund Transaction

Refund Transaction means reversing a prior Transaction carried out on the ZIPIT Smart;
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Refund Transaction is any refund instructed by you through the Braintree Dashboard or through your API access.
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Refund Transaction means a settlement transaction performed using the Card when the Buyer returns the Goods paid for using the Card, or when it becomes necessary to refund the money debited from Buyer’s account as payment for the Goods as part of an earlier performed Payment Transaction. PO Fee shall mean the remuneration of the Payment Organization for the processing of information for the Transactions performed, including unsuccessful transactions, the performance of Transactions and settlements thereon in accordance with the Terms and Conditions, withheld from each Payment Transaction and specified in the Questionnaire. Transfer shall mean the amount of funds consisting of Payment Transactions, net of Refund Transactions, the PO Fee and other amounts subject to withholding by the PO in accordance with the Agreement, to be transferred to the Partner for each day. PS Rules shall mean a document (set of documents) containing the conditions for participation in the payment system, the transfer of funds, the provision of payment infrastructure services and other conditions determined by the PO payment system in accordance with the applicable legislation. Website shall mean a set of information, a method of presentation thereof and technical means, united, as a rule, by one topic and/or purpose, which allows a user connected to the Internet and having the appropriate technical means to gain access to this information. System is a hardware and software suite of the Processor (Paygine Tech computer program, the copyright holder and developer of which is the Processor. The System is intended for the information and technological interaction between the PO and the Organization), ensuring the rendering of Processor services in accordance with Cl. 1.1. hereof.
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Refund Transaction means reversing a prior Transaction carried out on the Portal;
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Refund Transaction means a procedure of partial or full refund to the bank account of the Payer of any
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Related to Refund Transaction

  • Void Transaction means any transaction wherein the transaction has taken place but has been cancelled /rejected /unsuccessful by the Alliance Partner.

  • Roll-Up Transaction means a transaction involving the acquisition, merger, conversion or consolidation either directly or indirectly of the Company and the issuance of securities of a Roll-Up Entity to the holders of Common Shares. Such term does not include:

  • FICASH II Transaction means a repurchase transaction in which the Repurchase Date is the Banking Day next following the Sale Date and for which one or more of the following two categories of securities, as specified by the Funds, shall constitute Eligible Securities: (x) securities issued by the government of the United States of America that are direct obligations of the government of the United States of America, or (y) securities issued by or guaranteed as to principal and interest by the government of the United States of America, or by its agencies and/or instrumentalities, including, but not limited to, the Federal Home Loan Bank, Federal Home Loan Mortgage Corp., Government National Mortgage Association, Federal National Mortgage Association, Federal Farm Credit Bank, Federal Intermediate Credit Bank, Banks for Cooperatives, and Federal Land Banks.

  • FICASH III Transaction means a repurchase transaction in which the Repurchase Date is the Banking Day next following the Sale Date and for which securities issued by the government of the United States of America that are direct obligations of the government of the United States of America shall constitute Eligible Securities.

  • Package Transaction means a transaction involving two or more instruments:

  • SPAC Transaction means a transaction or series of related transactions by merger, consolidation, share exchange or otherwise of the Company with a publicly traded “special purpose acquisition company” or its subsidiary (collectively, a “SPAC”), immediately following the consummation of which the common stock or share capital of the SPAC or its successor entity is listed on the Nasdaq Stock Market, the New York Stock Exchange or another exchange or marketplace approved by the Board of Directors, including a majority of the Preferred Directors.

  • M&A Transaction means (a) a transaction in which all or substantially all of the assets to which the subject matter of this Agreement relates are acquired by or assigned to party that is not an Affiliate, or (b) a sale of all or substantially all of the share capital of BioLine (or its Affiliates), (c) the merger of BioLine (or its Affiliates) with any other entity, or any other similar corporate action, except an internal reorganization of BioLine (or its Affiliates) for tax-related reasons otherwise.

  • Required Transaction means any transaction involving a Swap that is subject to the trade execution requirement of Section 2(h)(8) of the Act.

  • Card Transactions means the value of goods and services purchased by means of the Card, and evidenced by sales receipt, or cash withdrawals effected with his Card, or at any point of sale.

  • Card Transaction means any purchase of goods and/or services or any transfer or cash advances effected by the use of a Card;

  • Sale Transaction has the meaning set forth in Section 3(a).

  • Terminating Capital Transaction means any sale or other disposition of all or substantially all of the assets of the Partnership or a related series of transactions that, taken together, result in the sale or other disposition of all or substantially all of the assets of the Partnership.

  • Deferred Intercompany Transaction has the meaning set forth in Treas. Reg. Section 1.1502-13.

  • Acquisition Transactions means the transactions contemplated by the Acquisition Agreement.

  • Excluded Transactions means:

  • Related Transactions means the initial borrowing under the Revolving Loan on the Closing Date, the Refinancing, the payment of all fees, costs and expenses associated with all of the foregoing and the execution and delivery of all of the Related Transactions Documents.

  • Exchange Transaction means an exchange of Units for Common Units pursuant to, and in accordance with, the Exchange Agreement or, if the Issuer and the exchanging Limited Partner shall mutually agree, a Transfer of Units to the Issuer, the Partnership or any of their subsidiaries for other consideration.

  • Transaction Deductions means the sum of all items of loss or deduction for U.S. federal income tax purposes resulting from or attributable to (a) the payment of legal, financial advisory, accounting and other fees and expenses of the Group Companies (but not of Buyer) in connection with the transactions contemplated hereby, including the Seller Transaction Expenses and (b) any other payment contemplated by this Agreement that is in the nature of compensation for U.S. federal income tax purposes.

  • capital transactions means any of the following: the sale of all or any part of the assets of the Company; the refinancing of mortgages or other liabilities of the Company; the receipt of insurance proceeds; and any other receipts or proceeds are attributable to capital. (Check One) ☐ - SINGLE-MEMBER: A “Capital Account” for the Member shall be maintained by the Company. The Member's Capital Account shall reflect the Member’s capital contributions and increases for any net income or gain of the Company. The Member’s Capital Account shall also reflect decreases for distributions made to the Member and the Member’s share of any losses and deductions of the Company.

  • Pawn transaction means the same as that term is defined in Section 13-32a-102.

  • Structured settlement agreement means the agreement, judgment, stipulation, or release embodying the terms of a structured settlement.

  • Excluded Transaction means any transaction in which assets are transferred to: (A) a shareholder of the Company (determined immediately before the asset transfer) in exchange for or with respect to its stock; (B) an entity, fifty percent (50%) or more of the total value or voting power of which is owned, directly or indirectly, by the Company (determined after the asset transfer); (C) a Person, or more than one Person Acting as a Group, that owns, directly or indirectly, fifty percent (50%) or more of the total value or voting power of all the outstanding stock of the Company (determined after the asset transfer); or (D) an entity at least fifty percent (50%) of the total value or voting power of which is owned, directly or indirectly, by a Person described in clause (C) (determined after the asset transfer).

  • Restructuring Transactions means the transactions described in Article IV.B of the Plan.

  • Transaction Amount means the aggregate value of all of the issued and outstanding REIT Shares using a per share value equal to the per share value paid to the Stockholders in an Extraordinary Transaction. Transfer has the meaning set forth in Section 9.2(a) hereof. Value means, with respect to REIT Shares, the average of the daily market price of such REIT Share for the ten (10) consecutive trading days immediately preceding the date of such valuation. The market price for each such trading day shall be: (i) if the REIT Shares are Listed, the sale price, regular way, on such day, or if no such sale takes place on such day, the average of the closing bid and asked prices, regular way, on such day; (ii) if the REIT Shares are not Listed, the last reported sale price on such day or, if no sale takes place on such day, the average of the closing bid and asked prices on such day, as reported by a reliable quotation source designated by the General Partner; or (iii) if the REIT Shares are not Listed and no such last reported sale price or closing bid and asked prices are available, the average of the reported high bid and low asked prices on such day, as reported by a reliable quotation source designated by the General Partner, or if there shall be no bid and asked prices on such day, the average of the high bid and low asked prices, as so reported, on the most recent day (not more than ten (10) days prior to the date in question) for which prices have been so reported; provided that if there are no bid and asked prices reported during the ten (10) days prior to the date in question, the value of the REIT Shares shall be determined by the General Partner acting in good faith on the basis of such quotations and other information as it considers, in its reasonable judgment, appropriate. In the event the REIT Shares Amount includes rights that a holder of REIT Shares would be entitled to receive, then the value of such rights shall be determined by the General Partner acting in good faith on the basis of such quotations and other information as it considers, in its reasonable judgment, appropriate.

  • Acquisition Transaction Announcement means (i) the announcement of an Acquisition Transaction, (ii) an announcement that Counterparty or any of its subsidiaries has entered into an agreement, a letter of intent or an understanding designed to result in an Acquisition Transaction, (iii) the announcement of the intention to solicit or enter into, or to explore strategic alternatives or other similar undertaking that may include, an Acquisition Transaction, (iv) any other announcement that in the reasonable judgment of the Calculation Agent may result in an Acquisition Transaction or (v) any announcement of any change or amendment to any previous Acquisition Transaction Announcement (including any announcement of the abandonment of any such previously announced Acquisition Transaction, agreement, letter of intent, understanding or intention). For the avoidance of doubt, announcements as used in the definition of Acquisition Transaction Announcement refer to any public announcement whether made by the Issuer or a third party.

  • Interim Capital Transactions means the following transactions if they occur prior to the Liquidation Date: (a) borrowings, refinancings or refundings of indebtedness and sales of debt securities (other than Working Capital Borrowings and other than for items purchased on open account in the ordinary course of business) by any Group Member; (b) sales of equity interests by any Group Member (including the Common Units sold to the Underwriters pursuant to the exercise of their over-allotment option); and (c) sales or other voluntary or involuntary dispositions of any assets of any Group Member other than (i) sales or other dispositions of inventory, accounts receivable and other assets in the ordinary course of business, and (ii) sales or other dispositions of assets as part of normal retirements or replacements.