Credit Records definition

Credit Records means all documents or the Electronic Record of such documents used to evidence any refund or price adjustment to be credited to a Cardholder Account from the sale of Products. The format for each Credit Record or suitable receipt must be either approved by Processor or supplied by Processor.
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Credit Records means all documents, or the Electronic Record of such documents, used to evidence any refund or price adjustment to be credited to a Cardholder Account relating to the sale of Products.
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Examples of Credit Records in a sentence

  • Even if you transmit Charge Data and Transmission Data (as defined in the Specifications) electronically, you must still complete and retain ROCs and Credit Records.

  • Even if you transmit Charge Data electronically, you must still complete and retain Charge Records and Credit Records.

  • Merchant shall preserve all records pertaining to Sales and Credit Records for no less than two (2) years for Visa Card transactions, two (2) years for Interchange Information Documents related to MasterCard transactions, and for three (3) years for all other records related to MasterCard transactions.

  • Merchant understands that a batch consisting solely of Credit Records,or a batch where the total amount of Credit Records exceeds the total amount of Sales Records, will result in a debit to its Settlement Account.

  • Muigua, K., Promoting Sports Arbitration in Kenya,’ Chartered Institute of Arbitrators (Kenya), Alternative Dispute Resolution, Volume 8, No 1, (2020), pp.

  • Merchant shall submit all Credit Records to Servicers within one (1) calendar day of the date the credit was issued to the Cardholder by Merchant.

  • Merchant shall establish a system to store and maintain Sales Records and Credit Records in a manner that enables Merchant to retrieve and present such documentation to Servicers within ten (10) calendar days of request.

  • In conjunction with each Credit Record submitted to Servicers, Merchant shall have sufficient funds available in Merchant's Settlement Account or sufficient Sales Records in the same batch, to cover the total amount of Credit Records plus any related fees.

  • Merchant shall store all media containing Cardholder Data (including Sales Records, Credit Records, rental agreements, etc.) in an area limited to selected personnel, and, prior to discarding any such media destroy the media in a manner that renders the data unreadable and unrecoverable.

  • Settlement Plan Debit Records (SPDRs) and Settlement Plan Credit Records (SPCRs) are adjustments raised by IATA directly to an Agent in BSPlink.

Related to Credit Records

  • Credit report means any written, oral, or other communication of

  • Letter of Credit Report means a certificate substantially the form of Exhibit H or any other form approved by the Administrative Agent.

  • Fair Credit Reporting Act The Fair Credit Reporting Act of 1970, as amended.

  • Credit reporting agency means a corporation that carries on a credit reporting business.

  • Account Records is defined in Section 1(a)(i) of the Administration Agreement.

  • Credit Requirements means a long-term credit rating (corporate or long-term senior unsecured debt) of (1) “Baa3” or greater by Xxxxx’x, or (2) “BBB-” or greater by S&P, or such other indicia of creditworthiness acceptable to PacifiCorp in its reasonable judgment.

  • Credit Risk means the risk of loss or of adverse change in the financial situation, resulting from fluctuations in the credit standing of issuers of securities, counterparties and any debtors to which insurance and reinsurance undertakings are exposed, in the form of counterparty default risk, or spread risk, or market risk concentrations;

  • Credit File means all Credit Documents and all other credit, collateral, or insurance documents in the possession or custody of the Assuming Institution, or any of its Subsidiaries or Affiliates, relating to an Asset or a Loan included in a Put Notice, or copies of any thereof.

  • Collection Records means all manually prepared or computer generated records relating to collection efforts or payment histories with respect to the Receivables.

  • FTR Credit Requirement means the amount of credit that a Participant must provide in order to support the FTR positions that it holds and/or for which it is bidding. The FTR Credit Requirement shall not include months for which the invoicing has already been completed, provided that PJMSettlement shall have up to two Business Days following the date of the invoice completion to make such adjustments in its credit systems. FTR Credit Requirements are calculated and applied separately for each separate customer account. FTR Flow Undiversified:

  • Letter-of-Credit Rights means "letter-of-credit rights" as such term is defined in the UCC, now owned or hereafter acquired by any Person, including rights to payment or performance under a letter of credit, whether or not such Person, as beneficiary, has demanded or is entitled to demand payment or performance.

  • Letter-of-Credit Right means a right to payment or performance under a letter of credit, whether or not the beneficiary has demanded or is at the time entitled to demand payment or performance. The term does not include the right of a beneficiary to demand payment or performance under a letter of credit.

  • Student Records Means both of the following: (1) Any information that directly relates to a student that is maintained by LEA and (2) any information acquired directly from the student through the use of instructional software or applications assigned to the student by a teacher or other LEA employee. For the purposes of this Agreement, Student Records shall be the same as Educational Records, and Covered Information, all of which are deemed Student Data for the purposes of this Agreement. Service Agreement: Refers to the Contract or Purchase Order to which this DPA supplements and modifies.

  • Equal Credit Opportunity Act means the Equal Credit Opportunity Act, as amended.

  • Letter of Credit Reserve has the meaning set forth in Section 2.1.2(d).

  • Certification Practice Statement means a statement issued by a Certifying Authority to specify the practices that the Certifying Authority employs in issuing Digital Signature Certificates;

  • Collateral Records means books, records, ledger cards, files, correspondence, customer lists, blueprints, technical specifications, manuals, computer software, computer printouts, tapes, disks and related data processing software and similar items that at any time evidence or contain information relating to any of the Collateral or are otherwise necessary or helpful in the collection thereof or realization thereupon.

  • Credit Reference Bureau means a credit reference bureau duly licensed under the Banking Act pursuant to the Banking (Credit Reference Bureau) Regulations, 2013, as amended, revised or promulgated from time to time, to inter alia, collect and facilitate the sharing of customer credit information;

  • Audit Report means a report summarising the testing completed and the actions arising following an Audit;

  • Credit Risk Manager The Murrayhill Company, a Colorado corporation.

  • Client Records has the meaning set forth in Section 3.14.

  • Letter of Credit Reimbursement Agreement has the meaning specified in Section 2.4(e).

  • Credit Risk Management Fee The amount payable to the Credit Risk Manager on each Distribution Date as compensation for all services rendered by it in the exercise and performance of any and all powers and duties of the Credit Risk Manager under the Credit Risk Management Agreements, which amount shall equal one twelfth of the product of (i) the Credit Risk Management Fee Rate multiplied by (ii) the Stated Principal Balance of the Mortgage Loans and any related REO Properties as of the first day of the related Due Period.