Credit Record. A record, whether paper or electronic, approved by Member or Servicer, which is used to evidence a refund or adjustment of a purchase made through the use of a Card, and which will be credited to a Cardholder account. Deposit – The aggregate of (a) Reserved Funds and (b) any cash remitted and pledged by Carrier to Member, Servicer or any other Secured Party pursuant to or in connection with this Agreement to secure the Obligations hereunder, and obligations under any Other Signatory Agreements that incorporate the MTOS (if so provided in the applicable Exposure Protection Schedule), and all additions to such aggregate made from time to time and all monies, securities, investments and instruments purchased therewith and all interest, profits or dividends accruing thereon and proceeds thereof. In the event that Transactions are settled in multiple currencies, Member or Servicer may require separate Deposits in such currencies. Effective Date – The date set forth as the “Effective Date” in the Signatory Agreement that is part of this Agreement.
Credit Record. A record, whether paper or electronic, approved by Member, which is used to evidence a refund or adjustment of a purchase made through the use of a Card, and which will be credited to a Cardholder account.
Examples of Credit Record in a sentence
On the date Carrier accepts the return of unused tickets or other Travel Costs or otherwise allows an adjustment to the Travel Costs which were the subject of a previous Card sale, Carrier will date and otherwise properly complete a Credit Record and submit it to Member or Servicer for processing hereunder in accordance with the timeframes required by the Operating Regulations and applicable law.
More Definitions of Credit Record
Credit Record means all documents, whether in hard copy or electronic form, used to evidence any refund or price adjustment given by Merchant to a Cardholder for a previous sales transaction, which must conform to the Rules. The format for each Credit Record must be approved by Servicers.
Credit Record means a compilation of information that meets both of the following:
Credit Record means your payment profile (your credit history) including adverse information on a credit profile held by a credit bureau;
Credit Record. : the means to record the issuing of Credits which has been agreed upon by you and us: defined in Schedule II, Section 8.B (p.II-4)
Credit Record means a record of a Credit that complies with our requirements (see Schedule A, paragraph 1.a(iii)). Customer Activated Terminal (CAT) means an unattended point of sale system (e.g. a ‘pay at pump’ fuel dispenser or a vending machine). Delayed Delivery Charge means a single purchase for which you must create and submit two separate Charge Records. The first Charge Record is for the deposit or down payment, and the second Charge Record is for the balance of the purchase. Digital Delivery Transaction occurs when goods or services are ordered online or digitally and digitally delivered (e.g. images, apps or software downloads). Digital Order occurs when Charge Data is taken via a website payment page, over the internet, e-mail, intranet, extranet or other digital network in payment for goods or services. This includes Internet Charges and Application Initiated Charges.
Credit Record means your payment profile (your credit history) including adverse information on a credit profile held by a credit bureau;
Credit Record means all documents or the Electronic Record of such documents used to evidence any refund or price adjustment given by the Merchant (Customer) to a Cardholder (Consumer/ Buyer) for a previous sale transaction, which must conform to the Rules. The format for each Credit Record must be approved by the Bank.