Transfer Processing Fee definition

Transfer Processing Fee means a nonrefundable fee of $15,000 for Lender’s review of a proposed or completed Transfer.
Transfer Processing Fee. The first twelve transfers during each Contract Year are free. We will assess a Transfer Processing Fee for each transfer in excess of twelve transfers during a Contract Year. The amount of the Transfer Processing Fee is shown on the Contract Schedule. For the purpose of assessing the Transfer Processing Fee, each Notice of transfer is considered to be one transfer, regardless of the number of Subaccounts or Guaranteed Account Options affected by the transfer. Systematic transfers do not count towards the number of transfers during a Contract Year. No fee will be assessed for a systematic transfer. The Transfer Processing Fee is deducted from the amount being transferred.
Transfer Processing Fee. We will assess a Transfer Processing Fee for each transfer in excess of twelve transfers during a Contract Year. The amount of this fee is shown on the Contract Schedule. For the purposes of assessing the Transfer Processing Fee, each Notice of transfer is considered to be one transfer, regardless of the number of Subaccounts or Guaranteed Account Options affected by the transfer. Systematic transfers do not count towards the number of transfers during a Contract Year. No fee will be assessed for a systematic transfer. The Transfer Processing Fee is deducted from the amount being transferred.

Examples of Transfer Processing Fee in a sentence

  • Kansas City Life will assess a $25 Transfer Processing Fee for the seventh and each subsequent transfer during a Contract Year.

  • The redistribution will not count toward the six transfers permitted each Contract Year without imposing the Transfer Processing Fee.

  • Transfers made from the Money Market Subaccount for the Dollar Cost Averaging Plan will not count toward the six transfers permitted each Contract Year without imposing the Transfer Processing Fee.

  • Notwithstanding subsections 7.05(i) and (iii) above, Borrower will not be required to pay either a Transfer Processing Fee or a Transfer Fee for the review of a proposed easement Transfer.

  • Service charges include the following: Cash Advance Fee, GST, Card Replacement Fee, Statement Reprint Fee, Balance Transfer Processing Fee, Standing Instruction (SI) Failed Fee **Principal - includes purchase amount, Balance Transfer principal amount and cash withdrawn on the credit card.

  • Borrower will deliver Notice to Lender specifying the date of the Land Release at least 60 days prior to the proposed effective date of the Land Release, such Notice to be accompanied by the Transfer Processing Fee.

  • TRANSFERS Transfer Rules: A transfer is subject to the following: 1) The maximum number of transfers without a Transfer Processing Fee is shown on the Policy Schedule; 2) We reserve the right to assess a Transfer Processing Fee as shown on the Policy Schedule if the number of transfers exceeds the maximum number of free transfers shown on the Policy Schedule.

  • The following fees have been established for those services as follows: Recording Service Charge (flat fee) $28.50Wire Transfer Processing Fee (incoming & outgoingflat fee)$10Non-Refundable Payoff Tracking and Processing Fee $75Email Loan Document Fee (per loan) $75Deed or Power of Attorney Preparation (per document) $100 A204.

  • Wire transfers require an additional Wire Transfer Processing Fee of $25 or more.

  • Reference Prospectus Transfer Processing Fee and The Funds, Frequent Transfers Among Subaccounts.


More Definitions of Transfer Processing Fee

Transfer Processing Fee means a nonrefundable fee of $2,500 for Lender’s review of a proposed or completed Transfer.
Transfer Processing Fee. A number of transfers during each policy year are free as shown on the Policy Schedule. We will deduct from the amount being transferred the processing fee shown on the Policy Schedule for transfers in excess of the free amount of transfers. Each written notice of transfer is considered to be one request regardless of the number of subaccounts or any fixed account affected by the transfer. GENERAL POLICY PROVISIONS
Transfer Processing Fee. [$25] Each After First [12] In A Policy Year (Assessed After The First [12] Transfers In A Policy Year) SURRENDER CHARGE

Related to Transfer Processing Fee

  • Processing Fee means in relation to a Transaction Summary delivered:

  • Processing Fees means all routine, generally applicable City-wide fees required by the City for processing applications and permits including, but not limited to, fees for land use applications, building applications, building permits, and certificates of occupancy.

  • Transfer Point means any point at which the passenger transfers between aircraft.

  • Transfer Fee means the fee payable by the Hirer to the Employment Business in accordance with clause 3.7, as permitted by Regulation 10 of the Conduct Regulations;

  • Transfer Payment Made As defined in Section 4.03.

  • Data Processing Agreement means the data processing agreement located at xxx.xxxxxx.xxx/[countrycode]/legal/dpa, where “[countrycode]” means the two-letter abbreviation for the country where your Stripe Account is located.

  • Agent Payment Account means account no. 5000000030266 of Agent at Wachovia Bank, National Association, or such other account of Agent as Agent may from time to time designate to Administrative Borrower as the Agent Payment Account for purposes of this Agreement and the other Financing Agreements.

  • Professional Fee Escrow Account means an interest-bearing account funded by the Debtors with Cash on the Effective Date in an amount equal to the Professional Fee Amount.

  • Claims processing services means the administrative services performed in connection with the processing and adjudicating of claims relating to pharmacist services that include:

  • Handling Fee means the fee payable per Ticket transaction or order, charged in addition to the Face Value of the Ticket, for the processing and delivery of Tickets in that transaction or order (including United Kingdom value added tax thereon);

  • Distribution Fee means a percentage of MRP of each of the Subscribed Channels payable by SDSPL to the Licensee towards fee for distribution of each of the Subscribed Channels as more specifically specified in Annexure B and Annexure B-1 of this Agreement.

  • Transfer Provisions means the provisions of Section 00-00-000 of the FILOT Act, as amended or supplemented from time to time, concerning, among other things, the necessity of obtaining County consent to certain transfers.

  • Transfer Payment Received As defined in Section 4.03.

  • Asset Management Fee shall have the meaning set forth in Section 8.03.

  • Services Fee means, collectively, the Senior Services Fees and the Subordinated Services Fees.

  • processing aid means any substance not consumed as a food ingredient by itself, intentionally used in the processing of raw materials, foods or their ingredients, to fulfil a certain technological purpose during treatment or processing and which may result in the unintentional but technically unavoidable presence of residues of the substance or its derivatives in the final product, provided that these residues do not present any health risk and do not have any technological effect on the finished product;

  • Monitoring Fee means the fees payable to the Lender pursuant to Section 2.03(b) below.

  • Processing Agreement means the agreement (as amended from time to time) ratified by the Iron Ore Processing (BHP Minerals)

  • Professional Fee Escrow Amount means the aggregate amount of Professional Fee Claims and other unpaid fees and expenses Professionals estimate they have incurred or will incur in rendering services to the Debtors prior to and as of the Confirmation Date, which estimates Professionals shall deliver to the Debtors as set forth in Article II.C hereof.

  • Purchase Amount means the total amount being paid by the Investor on a particular Closing Date to purchase the Securities.

  • Processing Services means those services which are necessary to issue and service a Card and process a Transaction in accordance with Applicable Law.

  • cross-border processing means either:

  • Transfer Price has the meaning set forth in Section 2.01.

  • Direct Account : means any Account which is not an ISA Account.

  • ACH means automated clearing house transfers.

  • Minimum Purchase Amount means an amount that would be sufficient to (i) reduce the Outstanding Amount of each class of Notes on such Distribution Date to zero and (ii) pay to the respective Noteholders the Class A Noteholders’ Interest Distribution Amount and the Class B Noteholders’ Interest Distribution Amount payable on such Distribution Date.