Non Standard Transaction Clause Samples
Non Standard Transaction. Where a transaction type is changed from that requested e.g. an exchange becomes an install, the original reference for the job is returned, but the transaction type code will be for the actual work carried out and the transaction status reason code will be used to show it is a variance. How this is dealt with is commercial, but the systems need to process any connection and disconnection information returned, providing the correct notification to other parties. The variance allows this, as well as capturing that the job carried out was not the one requested.
Non Standard Transaction if the Transaction is structured as a non-standard transaction (“Non-Standard Transaction”) with Investors such as a merger, purchase, or other non-standard structure, 5% times the equivalent total capitalization of such Non-Standard Transaction. Note if the Transaction is a Non-Standard Transaction, the fees set forth above shall not be applicable to such Transaction.
Non Standard Transaction