Person to Person Payment Sample Clauses

Person to Person Payment. You may send one-time transfers to Bank customers or a depositor of another financial institution (the “Recipient”) using P2P services. Notice is given to the Recipient by you (the “Sender”) providing the Recipient's email address or mobile phone number. You may originate P2P transfers by use of a computer or a mobile smart phone. You may register for the Service which will make future transfers more convenient for you. The Bank uses a third-party service provider, Allied Payment Network (“P2P Service Provider”), to provide P2P services. When participating in the P2P service, you are providing information to our P2P Service Provider from your mobile phone, desktop, laptop, or other computer. Our P2P Service Provider is a vendor of the Bank. By participating in the P2P service, you are representing to the Bank that you are the owner or you have the authority to act on behalf of the owner of the mobile phone number or email address you are using to send or receive messages regarding P2P transfers. In addition, you are consenting to the receipt of emails or automated text messages from the Bank or its agent, regarding the P2P transfers and represent to the Bank that you have obtained the consent of the Recipients of your intended P2P transfers. Funds may be transferred to any account in the United States as long as the transfer is legal and allowed by the Financial Institutions involved.
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Person to Person Payment. Customer initiates the payment via a third party service by supplying the email address or cell phone number of the payee. Payment is completed when payee accepts the transaction via an existing account of the third party provider or through the setup of a new account with the third party provider.
Person to Person Payment. If you requested an Express delivery (next business day) for a Person to Person Payment, we will charge the account which you are authorizing the funds to be withdrawn from according to the Fee Schedule for each Express delivery you send. There is no fee for Standard delivery (three business days.) If you authorize a Person to Person Payment that causes your designated ESL account to overdraft, your account will be charged an overdraft charge (see Fee Schedule for amount). However, ESL reserves the right to cancel any Person to Person Payment that would cause your designated ESL account to be overdrawn. All charges will be automatically debited from your designated account at ESL.

Related to Person to Person Payment

  • Liability of Owner or Beneficial Owner for Taxes If any tax or other governmental charge shall become payable by the Custodian or the Depositary with respect to any Receipt or any Deposited Securities represented by any Receipt, such tax or other governmental charge shall be payable by the Owner or Beneficial Owner of such Receipt to the Depositary. The Depositary may refuse to effect any transfer of such Receipt or any withdrawal of Deposited Securities represented by American Depositary Shares evidenced by such Receipt until such payment is made, and may withhold any dividends or other distributions, or may sell for the account of the Owner or Beneficial Owner thereof any part or all of the Deposited Securities represented by the American Depositary Shares evidenced by such Receipt, and may apply such dividends or other distributions or the proceeds of any such sale in payment of such tax or other governmental charge and the Owner or Beneficial Owner of such Receipt shall remain liable for any deficiency.

  • Affiliate As used in this Agreement, the term “affiliate” shall mean any entity which owns or controls, is owned or controlled by, or is under common ownership or control with, Company.

  • Not Foreign Person Borrower is not a “foreign person” within the meaning of §1445(f)(3) of the Code.

  • Absence of Certain Company Control Person Actions or Events To the Company’s knowledge, none of the following has occurred during the past five (5) years with respect to a Company Control Person:

  • Affiliated Brokers The Adviser or any of its affiliates may act as broker in connection with the purchase or sale of securities or other investments for a Fund, subject to: (i) the requirement that the Adviser seek to obtain best execution and price within the policy guidelines determined by the Board and set forth in the Fund’s current prospectus and SAI; (ii) the provisions of the 1940 Act; (iii) the provisions of the Advisers Act; (iv) the provisions of the 1934 Act; and (v) other provisions of applicable law. These brokerage services are not within the scope of the duties of the Adviser under this Agreement. Subject to the requirements of applicable law and any procedures adopted by the Board, the Adviser or its affiliates may receive brokerage commissions, fees or other remuneration from a Fund for these services in addition to the Adviser’s fees for services under this Agreement.

  • No Foreign Person Borrower is not a "foreign person" within the meaning of Section 1445(f)(3) of the Internal Revenue Code of 1986, as amended and the related Treasury Department regulations, including temporary regulations.

  • Acting Jointly or in Concert For the purposes hereof, a Person is acting jointly or in concert with every Person who, as a result of any agreement, commitment or understanding, whether formal or informal, with the first Person or any Affiliate thereof, acquires or offers to acquire Voting Shares (other than customary agreements with and between underwriters and/or banking group members and/or selling group members with respect to a public offering or private placement of securities or pledges of securities in the ordinary course of business).

  • Legal and beneficial ownership It and each of its Subsidiaries is the sole legal and beneficial owner of the respective assets over which it purports to grant Security.

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