Stop Payment Rights definition

Stop Payment Rights. If you have arranged in advance to make electronic fund transfers out of your account(s) for money you owe others, you may stop payment on preauthorized transfers from your account. You must notify us orally or in writing at any time up to three (3) business days before the scheduled date of the transfer. We may require written confirmation of the stop payment order to be made within 14 days of any oral notification. If we do not receive the written confirmation, the oral stop payment order shall cease to be binding 14 days after it has been made. A stop payment request may apply to a single transfer, multiple transfers, or all future transfers as directed by you, and will remain in effect unless you withdraw your request or all transfers subject to the request have been returned.
Sample 1
Stop Payment Rights. If you have arranged in advance to make regular EFTs out of your account(s) for money you owe others, you may stop payment of preauthorized transfers from your account. You must notify us orally or in writing at any time up to (3) business days before the scheduled date of the transfer. We may require written confirmation of the stop payment order to be made within fourteen (14) days of oral notification. If we do not receive the written confirmation, the oral stop payment order shall cease to be binding fourteen (14) days after it is made.
Sample 1

Examples of Stop Payment Rights in a sentence

  • You agree that we may terminate this Agreement and your use of the ATM Card or Visa Debit Card services, if: Stop Payment Rights.

  • If you order us to stop one of these payments and follow the procedures set forth in the Stop Payment Rights section above, and we do not do so, we will be liable for your losses or damages.

  • Upon instruction, we will pay certain recurring transactions from your share and/or share draft account.- See Section 2 for transfer limitations that may apply to these transactions.- Stop Payment Rights.

  • Upon instruction, we will pay certain recurring transactions from your savings and/or checking account.• See the Transfer Limitations section for limitations that may apply to these transactions.• Stop Payment Rights.

  • Upon instruction, we will pay certain recurring transactions from your savings and checking account.- See Section 2 for transfer limitations that may apply to these transactions.- Stop Payment Rights.

  • Upon instruction, we will pay certain recurring transactions from your share and share draft account.- See Section 2 for transfer limitations that may apply to these transactions.- Stop Payment Rights.

  • Stop Payment Rights - If you have told us in advance to make regular electronic fund transfers out of your Account, you can stop any of these payments.

  • You may authorize or consent to have a merchant, other business or payee use your checks, to create a one-time electronic payment from your Account Fees and Charges: Stop Payment Rights.

  • Upon instruction, we will pay certain recurring transactions from your savings account, checking account and loan payments (subject to transfer limitations that may apply to these transactions.) • Stop Payment Rights.

  • RCCs Even Evade UCC Stop Payment Rights RCCs can also be used by scammers to exploit weaknesses in the check system that make it difficult for the consumer to make an effective stop payment order.

Related to Stop Payment Rights

  • Structured settlement payment rights means rights to receive periodic payments under a structured settlement, whether from the structured settlement obligor or the annuity issuer, where:

  • Payment Shares has the meaning set forth in Section 2.02;

  • Cash Payment System means a payment system that generates any transfer of funds through a transaction originated by cash, check, or similar paper instrument. This includes electronic payments to a financial institution or clearing house that subsequently issues cash, check, or similar paper instrument to the designated payee.

  • Stock Purchase Price has the meaning set forth in Section 2 of the Subscription Agreement.

  • Full Entitlement Share(s) shall have the respective meanings set forth in Section 2.12.

  • Development rights means any right or combination of rights reserved by a declarant in the declaration to:

  • Settlement Shares With respect to any Settlement Date, a number of Shares, not to exceed the Base Amount, designated as such by Party B in the related Settlement Notice or by Party A pursuant to “Termination Settlement” below; provided that on the Maturity Date the number of Settlement Shares shall be equal to the Base Amount on such date.

  • Masterworks Shares has the meaning set forth in Section 2.8(c).

  • Stock Purchase Rights means any warrants, options or other rights to subscribe for, purchase or otherwise acquire any shares of Common Stock or any Convertible Securities.

  • Transfer Payment Made As defined in Section 4.03.

  • Dissent Rights means the rights of dissent in respect of the Arrangement described in the Plan of Arrangement;

  • Common Stock Purchase Agreement means an agreement among the Investor and/or PJC, Emergent and any Convertible Note Holder who accepts and exchanges all of its Convertible Notes in the Convertible Note Exchange Offer and elects to participate, substantially in the form attached hereto as Exhibit A, pursuant to which Emergent will issue and sell (a) to the Investor and/or PJC, in the aggregate, 75,000,000 Shares at a price of $0.20 per share, and (b) to any Convertible Note Holder who accepts and exchanges all of its Convertible Notes in the Convertible Note Exchange Offer that so requests, for every $1,000.00 of principal amount of Convertible Notes that it tenders into the Convertible Note Exchange Offer, 500 Shares at a price of $0.20 per share; provided, that the aggregate maximum number of Shares to be so issued and sold to the Convertible Note Holders who accept and exchange all of their Convertible Notes in the Convertible Note Exchange Offer pursuant to the Common Stock Purchase Agreement shall not exceed 40,000,000.

  • Partial Entitlement Share(s) shall have the respective meanings set forth in Section 2.12.

  • Purchase Option Price means the amount payable by a Lessee upon the exercise of its option to purchase a related 2018-1 Vehicle which amount equals (a) with respect to a Matured Vehicle, the Contract Residual Value plus any fees, taxes and other charges imposed in connection with such purchase and (b) with respect to a related 2018-1 Vehicle for which the related 2018-1 Lease has been terminated early by the Lessee, the sum of (i) any unpaid Monthly Payments due, (ii) any fees, taxes and other charges imposed in connection with the related 2018-1 Lease, (iii) an early termination fee and (iv) the Actuarial Payoff.

  • Transfer Payment Received As defined in Section 4.03.

  • Subscription Rights means the right to participate in the Rights Offering.

  • Book Entry Only Warrants means Warrants that are to be held only by or on behalf of the Depository;

  • Sui Generis Database Rights means rights other than copyright resulting from Directive 96/9/EC of the European Parliament and of the Council of 11 March 1996 on the legal protection of databases, as amended and/or succeeded, as well as other essentially equivalent rights anywhere in the world.

  • Receivables Purchase Price means $1,375,000,017.71.

  • 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.

  • Undesignated Shares As of any date, the Number of Shares minus the number of Shares designated as Settlement Shares for Settlements for which the related Relevant Settlement Date has not occurred.

  • Software licensing agreement means any agreement, regardless of how designated, that defines the intellectual property rights for, or the rights to use, any software product. A software licensing agreement must address only terms directly associated with licensing the right to use the software and must not address any of the work governed by the contract or any services (other than warranty services regarding the software code or associated documentation).

  • Contract Rights means all rights of any Assignor under each Contract, including, without limitation, (i) any and all rights to receive and demand payments under any or all Contracts, (ii) any and all rights to receive and compel performance under any or all Contracts and (iii) any and all other rights, interests and claims now existing or in the future arising in connection with any or all Contracts.

  • Stock Purchase Agreements the meaning set forth in the recitals to this Agreement.

  • Preferred Stock Purchase Agreement means the Preferred Stock Purchase Agreement, dated September 7, 2008, between the Company and the United States Department of the Treasury.

  • Series A Purchase Agreement means the Series A Preferred Unit Purchase Agreement, dated as of June 20, 2017, by and among the Partnership and the Series A Purchasers thereunder, as may be amended from time to time.