UK Payment definition

UK Payment has the meaning provided in Section 3.01(a).
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Examples of UK Payment in a sentence

  • The UK Payment Services Regulations oblige Payment Services Providers (PSPs) such as Banks to ensure that electronic payments sent in sterling or euro within the European Economic Area (including the UK) arrive within the beneficiary’s bank or PSP no later than the close of business on the next Working Day.

  • This will also enable the Issuer to adhere to requirements under the UK Payment Services Regulations (as amended).

  • For the avoidance of doubt, this Policy does not constitute a "framework contract" for the purpose of the EU Payment Services Directive (2007/64/EC) or any implementation of that directive in the European Union or EEA (including, without limitation, the UK Payment Services Regulations 2009).

  • Framework Contract means a contract for payment services which governs the future execution of individual and successive payment transactions and which may contain the obligation and conditions for setting up a payment account as defined in the UK Payment Services Regulations 2017.

  • We recorded a build in the U.K. Payment Protection Insurance customer refund reserve (“U.K. PPI Reserve”) of $69 million in Q3 2015 and $78 million in Q2 2015.

  • We are regulated to provide money remittance services by the UK Financial Conduct Authority ("FCA") under the UK Payment Services Regulations 2017.

  • See "Regulatory Developments - CMA - Retail Banking Remedies and Open Banking" and "Regulatory Developments ̶ ̶ Payment Services Directive 2 (“PSD 2”)" for more information regarding the CMA’s Retail Banking Remedies and the UK Payment Services Regulations, respectively.

  • Conference & Exhibition - 12th-13th February 2014 - London, UK Payment for attending or participating in the Event must be made in accordance with the information given in the application form prior to commencement of the Event unless agreed otherwise in writing.

  • Walnut Avenue ● Signal Hill, California 90755 ● (562) 989-7200 ● FAX (562) 989-7293 REQUEST FOR PROPOSALS FOR CONTRACTED CROSSING GUARD SERVICES Thank you for your interest in providing contracted crossing guard services to the Signal Hill Police Department.

  • Regulatory tools External reports commissioned by the PSR and joint studies• Accenture Governance Report – a report by Accenture, titled ‘A Review of Governance and Ownership of UK Payment Systems’ (an Annex to Supporting Paper 3: Ownership, governance and control of payment systems).

Related to UK Payment

  • PIK Payment has the meaning specified in Section 2.06.

  • Cash Payment has the meaning set forth in Section 2.03(b)(iii) below.

  • Upfront Payment has the meaning set forth in Section 4.1.

  • PAGA Payment means the penalties pursuant to PAGA that the Parties have agreed is a

  • Stock Payment means (a) a payment in the form of shares of Stock, or (b) an option or other right to purchase shares of Stock, as part of any bonus, deferred compensation or other arrangement, made in lieu of all or any portion of the compensation, granted pursuant to Article 8.

  • Down payment means all partial payments, whether made in cash or otherwise, received by or for the benefit of the seller before or substantially contemporaneous with either the execution of the installment sale contract or the delivery of the motor vehicle sold under that contract, whichever occurs later.

  • Tariff Payment means the payments to be made under Monthly Bills as referred to in Article 10 and the relevant Supplementary Bills;

  • Excess Cash Payment Date means the date occurring 95 days after the last day of each Fiscal Year of Holdings (commencing with the Fiscal Year of Holdings ended December 31, 2010).

  • Earnout Payment has the meaning set forth in Section 2.3(b).

  • Additional Amount Payment means a payment to a Holder of MuniFund Term Preferred Shares of an amount which, when taken together with the aggregate amount of Taxable Allocations made to such Holder to which such Additional Amount Payment relates, would cause such Holder’s dividends in dollars (after federal income tax consequences) from the aggregate of such Taxable Allocations and the related Additional Amount Payment to be equal to the dollar amount of the dividends that would have been received by such Holder if the amount of such aggregate Taxable Allocations would have been excludable (for federal income tax purposes) from the gross income of such Holder. Such Additional Amount Payment shall be calculated (i) without A-1 consideration being given to the time value of money; (ii) assuming that no Holder of MuniFund Term Preferred Shares is subject to the federal alternative minimum tax with respect to dividends received from the Fund; and (iii) assuming that each Taxable Allocation and each Additional Amount Payment (except to the extent such Additional Amount Payment is designated as an exempt-interest dividend under Section 852(b)(5) of the Code) would be taxable in the hands of each Holder of MuniFund Term Preferred Shares at the maximum marginal regular federal individual income tax rate applicable to ordinary income or net capital gains, as applicable, or the maximum marginal regular federal corporate income tax rate applicable to ordinary income or net capital gains, as applicable, whichever is greater, in effect at the time such Additional Amount Payment is paid.

  • Share Payment means (a) a payment in the form of Shares, or (b) an option or other right to purchase Shares, as part of any bonus, deferred compensation or other arrangement, made in lieu of all or any portion of the compensation, granted pursuant to Article 8.

  • Cash Exchange Payment means an amount in cash equal to the product of (i) the number of shares of Class A Common Stock into which the surrendered Paired Interests are exchangeable and (ii) the VWAP of the Class A Common Stock for the five consecutive full Trading Days immediately prior to the date of delivery of the relevant Notice of Exchange.

  • Co-payment means a relatively small amount of money paid by the insured person towards the cost of each day in a private hospital per episode of care, with Latrobe paying the rest of the cost.

  • Earn-Out Payment has the meaning set forth in Section 2.5(a).

  • Distribution Equivalent Right means an Award granted under Article XIII of the Plan which entitles the Holder to receive bookkeeping credits, cash payments and/or Share distributions equal in amount to the distributions that would have been made to the Holder had the Holder held a specified number of Shares during the period the Holder held the Distribution Equivalent Right.

  • Booking Fee is the fee an Agency charges for scheduling Sign Language Interpreters.

  • Advance Payment means a payment that a federal awarding agency or passthrough entity makes by any appropriate payment mechanism, including a predetermined payment schedule, before the non-federal entity disburses the funds for program purposes.

  • Interim Payment has the meaning specified in Section 10.1.

  • PRE-PAYMENT The Tenant shall: (check one) ☐ - Pre-Pay Rent in the amount of $ for the term starting on and ending on . The Pre-Payment of Rent shall be due upon the execution of this Agreement. ☐ - Not be required to Pre-Pay Rent.

  • Deferred Net Cash Proceeds Payment Date shall have the meaning provided such term in the definition of Net Cash Proceeds.

  • Quarterly Payment Date means the last Business Day of each March, June, September and December.