Initiating Recurring Transactions (Europe Only Sample Clauses

Initiating Recurring Transactions (Europe Only. (a) If, upon initiation of a recurring transaction, no payment is required, You must: i. Submit an account verification message (AVM) (i.e. a transaction of €0 or € 1 value) for the issuer to approve; and ii. If a non-approval response to an AVM is returned to You, no subsequent recurring transaction should be submitted under the RT agreement. In this case, You must address the matter with the Cardholder. iii. Once the Cardholder has provided their consent to the recurring transaction by confirming the transaction in accordance with 4.3(a) above, You must provide confirmation of the recurring transaction agreement to the Cardholder within two business days. iv. You must clearly state the method of communication and subsequently collect the appropriate contact details from the Cardholder that will provide the means for future communication (b) Where a Single Euro Payment Area (SEPA) eMandate is used, you shall make arrangements with ISXPay to access at additional cost, the ISXPay eMandateservice.
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Related to Initiating Recurring Transactions (Europe Only

  • Recurring Transactions If you intend to use the Card for recurring transactions, you should monitor your Available Balance and ensure you have funds available in your Card Account to cover the transactions. “Recurring transactions” are transactions that are authorized in advance by you to be charged to your Card at substantially regular intervals. We are not responsible if a recurring transaction is declined because you have not maintained a sufficient Available Balance in your Card Account to cover the transaction. If these recurring transactions may vary in amount, the person you are going to pay should tell you, 10 days before each payment, when it will be made and how much it will be. (You may choose instead to get this notice only when the payment would differ by more than a certain amount from the previous payment, or when the amount would fall outside certain limits that you set.) If you have told us in advance to make regular payments (i.e., Recurring Transactions) from your Card Account, you can stop the payment by notifying us orally or in writing at least three (3) Business Days before the scheduled date of the transfer. If you call, we also may require you to put your request in writing and get it to us within 14 days after you call. If you order us to stop one of these payments three (3) Business Days or more before the transfer is scheduled, and we do not do so, we will be liable for your losses or damages. If you have authorized a merchant to make the recurring payment, you should also contact the applicable merchant in order to stop the transaction. Fraudulent Card Account Activity. We may block or cancel your Card Account if, as a result of our policies and procedures, we reasonably believe your Card Account is being used for fraudulent, suspicious or criminal activity or any activity that is inconsistent with this Agreement. We will incur no liability because of the unavailability of the funds that may be associated with your Card Account.

  • Processing Transactions 2 2.1 Timely Pricing and Orders.................................... 2 2.2

  • Pre-Closing Transactions Prior to the purchase of the Initial Securities on the Closing Date, the Pre-Closing Transactions shall have been duly consummated at the respective times and on the terms contemplated by this Agreement, the General Disclosure Package and the Prospectus and the Representatives shall have received such evidence that the Pre-Closing Transactions have been consummated as the Representatives may reasonably request.

  • Closing Transactions On the terms and subject to the conditions set forth in this Agreement, the following transactions shall occur in the order set forth in this Section 2.1:

  • Scheduled RDOs on Designated Long Weekends It is recognised that there is merit in programming no work on the RDOs adjacent to public holiday weekends during the working year. This will allow Employees to have quality paid family leisure time.