Debiting definition

Debiting means an expense that draws down a positive balance established in the designated school online payment system
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Debiting means making transfers that reduce the amount of money on the Account.
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Debiting means the subtracting of account-held securities from a securities account;
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Examples of Debiting in a sentence

  • Debiting of the bankaccount will take place within 14 days from the date of the account statement.

  • You shall make all payments under these EB Services Terms and Conditions free and clear of, and without deduction, withholding or set-off on account of any tax or levy or any other charges present and future.12.2 Debiting of Charges from Account.

  • Debiting your account (1.1) By signing a Direct Debit Request or by providing us with a valid instruction, you have authorised us to arrange for funds to be debited from your account.

  • If an Obligor will not permit a Direct Debit to be made to his bank account under the Direct Debiting Scheme in relation to a Financing Contract or if an existing Direct Debit is cancelled, the Servicer shall use all reasonable endeavours in accordance with its Customary Operating Practices to ensure that alternative payment arrangements are promptly made which ensure the timely payment of amounts payable by the Obligor under such Financing Contract.

  • The Servicer shall operate its Direct Debiting Scheme in accordance with its Customary Operating Practices.

  • If there are insufficient funds in your account to cover any amount you owe us, our affiliates or eBay, the amount becomes immediately due and payable by you and you authorise us to satisfy any of these debts by: • Debiting your account at a later date; • Debiting a preferred payment method; • Setting off the credit balance of any account you have with us or any monetary liability we owe you and towards satisfaction of your debt; or • Any other legal means.

  • Debiting of the account will take place within 14 days from the date of the account statement.

  • Specified order of accounts Debiting shall take place in the first account in the order defined by the client where the necessary amount – together with the credit line if any – is available.

  • This listing of all completed rental processes does not include items which are extraordinary and cannot be included by the automated system (such as fees due to contractual non-compliance and/or service fees).2) Debiting of the customer’s account occurs automatically.

  • Prior to termination of this Agreement, the Administrator, the Seller, the Mortgages Trustee and Funding shall co-operate to obtain the agreement of the Borrowers to a new bank mandate permitting the Mortgages Trustee to operate the Direct Debiting Scheme.


More Definitions of Debiting

Debiting means the subtracting of book-entry securities from a securities account;
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Related to Debiting

  • Debit means a charge or an amount of money somebody must pay. If we debit money to you or debit money to your account, that money is then added to the unpaid balance and the unpaid balance becomes larger. In this case “charge” and “debit” have similar meanings.

  • Account is any “account” as defined in the Code with such additions to such term as may hereafter be made, and includes, without limitation, all accounts receivable and other sums owing to Borrower.

  • Related Account means an Account with respect to which a new account number has been issued by the applicable Account Owner or the Servicer (a)(i) resulting from a lost or stolen credit or charge card relating to such Account (if such Account is a credit or charge card account) or (ii) under circumstances not requiring the standard application and credit evaluation procedures under the Credit Guidelines applicable to such Account, and (b) that can be traced or identified by reference to or by way of Schedule 1 to this Agreement and the computer or other records of the applicable Account Owner or the Servicer.

  • Member Account means the regular account and the variable account.

  • Debit Card means a card issued by the Financial Institution that allows the holder of the card to deposit cash and/or Instruments or withdraw cash from the Account through an ATM, authorize Transactions on the Account through an ATM, and that operates like an Instrument to purchase goods and services from merchants.

  • Separate Account shall have the respective meanings assigned to such terms in Section 3 of ERISA.

  • Financial Account means an account maintained by a Financial Institution, and includes:

  • Merchant Account means any account with an Acquirer or other Financial Institution, service provider, payment processor, independent sales organization, or other entity that enables an individual, a business, or other organization to accept payments of any kind.

  • Clearing Account has the meaning set forth in Section 2.7.1 hereof.

  • Direct Account : means any Account which is not an ISA Account.

  • Relevant Accounts means, in respect of any Interest Payment Date, the most recently published audited unconsolidated annual financial statements of UBS Group AG prepared in accordance with the Swiss Code.

  • Collections Account has the meaning given to such term in Section 3.01(a) hereof.

  • Master Account or “Judicial Council’s Master Account” shall mean the Judicial Council’s billing account to which the Contractor is authorized to charge specifically identified charges under this Agreement.

  • Separate Accounts means the accounts which are to be prepared for each

  • Accounts means all presently existing and hereafter arising accounts, contract rights, and all other forms of obligations owing to Borrower arising out of the sale or lease of goods (including, without limitation, the licensing of software and other technology) or the rendering of services by Borrower, whether or not earned by performance, and any and all credit insurance, guaranties, and other security therefor, as well as all merchandise returned to or reclaimed by Borrower and Borrower's Books relating to any of the foregoing.

  • Cash Management Account has the meaning set forth in Section 2.7(a).

  • FT Account Pool #: Mortgagor's Name, Address and Zip Code: Mortgage Loan Number: Reason for Requesting Documents (check one)

  • Segregated Account means a client bank account as defined by and held in accordance with the Applicable Regulations.

  • Subaccounts is defined in Section 8.02(a) of the Indenture.

  • Subaccount means any subaccount designated and established hereunder.

  • Debit Day means the day that payment by You to Us is due.

  • Debit Payment means a particular transaction where a debit is made.

  • Sub-Account means any of the individual sub-accounts of a Participant's Separate Account that is maintained as provided in Article VIII.

  • Defaulted Account means an Account in which there are Defaulted Receivables.

  • Online Account means the Bank account from which you will be conducting transactions using a Service;

  • Payment Account means a segregated non-interest-bearing corporate trust account maintained by the Property Trustee for the benefit of the Holders in which all amounts paid in respect of the Notes will be held and from which the Property Trustee, through the Paying Agent, shall make payments to the Holders in accordance with Sections 3.1, 4.1 and 4.2.