Reserve for Payment definition

Reserve for Payment means deposit of the amount of a Dishonored Negotiable Instrument with the financial institution handling the Dishonored Negotiable Instruments with a request to hold same as“other payables”.
Reserve for Payment means deposit of the amount of a Dishonored Negotiable Instrument with the financial institution handling the Dishonored Negotiable Instruments with a request to hold same as “other payables”.
Reserve for Payment means deposit of the amount of a Dishonored Negotiable Instrument due to insufficient funds with the financial institution handling the Dishonored Negotiable Instruments with a request to hold same as “other payables”. 四、「重提付訖」:指退票後重新提示,於支票存款帳戶或其他應付款帳戶內付訖之謂。 “Re-Presentation and Payment” shall mean re-presentation of a Dishonored Negotiable Instrument and payment thereon from the checking account or “other payables” account. 五、「註記」:指支票存款戶如有退票紀錄、清償贖回或其他涉及其票據信用之事實時,由票據交換所予以註明,備供查詢之謂。 “Record” shall mean recordation by the Bills Clearing House of Dishonored Negotiate Instruments, Redemptions and other facts relevant to a Depositor’s credit on negotiable instruments available for inquiry. 六、「終止擔當付款人之委託」:指金融業者終止受託為支票存款戶所簽發本票之擔當付款人之謂。 “Termination of Mandate as a Paying Agent” shall mean termination of a financial institution’s mandate to act as paying agent for a promissory note issued by the Depositor. 七、「拒絕往來」:指金融業者拒絕與票據信用紀錄顯著不良支票存款戶為支票存款往來之謂。

Examples of Reserve for Payment in a sentence

  • However, the preceding provision shall not apply if a Reserve for Payment for the attached amount has been deposited with us.

  • However, the preceding provision shall not apply if a Reserve for Payment of the attached amount has been deposited with Party B.

  • PRO 1901377 Sumiko Stafford, Estate of First and Final Account and Report of Administrator; Petition for Payment of Administrator’s Statutory Commission, and for Payment of Attorneys’ Fees for Ordinary Services and Attorneys’ Costs; Petition to Retain a Reserve for Payment of Taxes and Closing Expenses of the Estate; Petition to Reduce Bond and Petition for Final Distribution, filed for Patricia Darby on 8/16/22 Ruling.

  • Inadequate Justification for Reserves – District officials did not maintain adequate records and were unable to provide adequate justification for the Reserve for Payment of Bonded Indebtedness (i.e., Debt Reserve).

  • Evaluation of the Current Land Registration System in the Gaza Strip Maher A.

  • In the event that any of the following circumstance exists with respect to Party A subject to an Account Rejection, Party A may, with Party B's consent, open a new account and resume transaction: (1) The period for Account Rejection has expired; or (2) Recordation of the Redemption, Reserve for Payment, or Re-Presentation and Payment of all Dishonored Negotiable Instruments which gave rise to the Account Rejection and all Dishonored Negotiable Instruments dishonored thereafter.

  • We may withhold the issuance of blank cheques to you if: (a) you present Dishonoured Negotiable Instruments due to insufficient funds or you make frequent Redemptions or frequent deposits of Reserve for Payment or Re-Presentation and Payments after the negotiable instruments have been dishonoured; and/or (b) other abnormal situations occur related to the negotiable instruments.


More Definitions of Reserve for Payment

Reserve for Payment means deposit by you of the face amount of a Dishonoured Negotiable Instrument with the financial institution handling the Dishonoured Negotiable Instruments together with a request to hold the same as “other payables”.「人民幣」:指中國大陸法定貨幣。
Reserve for Payment means the deposit by you of the face amount of a Dishonoured Negotiable Instrument with the financial institution handling the Dishonoured Negotiable Instrument together with a request to hold the same as "other payables". THAILAND JURISDICTION SCHEDULE

Related to Reserve for Payment

  • Reserve Account means the account designated as such, established and maintained pursuant to Section 5.07.