Deferred presentment transaction definition

Deferred presentment transaction means a transaction made pursuant to a written agreement whereby a licensee:
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Deferred presentment transaction means a transaction in which:
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Deferred presentment transaction means providing currency or a payment instrument in exchange for a person’s check and agreeing to hold that person’s check for a period of time prior to presentment, deposit, or redemption.
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Examples of Deferred presentment transaction in a sentence

  • Deferred presentment transaction database.(A) In order to prevent a person from having a deferred presentment transaction that exceeds the limit in Section 34-39-180(B) and Section 34-39-270(A), the Consumer Finance Division of the Board of Financial Institutions shall implement a common database with real-time access through an internet connection for deferred presentment providers, as provided in this subsection.

  • In this subchapter: 5 (1) "Deferred presentment transaction" has the 6 meaning assigned by Section 393.601.

  • H.B. No. 1134 1 (3-a) "Deferred presentment transaction" means a 2 single-payment or multiple-payment transaction defined as a 3 deferred presentment transaction by Section 341.001 in connection 4 with which the consumer is not required to provide real or personal 5 property as security.

  • H.B. No. 206 1 (3-a) "Deferred presentment transaction" means a 2 single-payment or multiple-payment transaction defined as a 3 deferred presentment transaction by Section 341.001 in connection 4 with which the consumer is not required to provide real or personal 5 property as security.

  • Deferred presentment transaction has the meaning given that term in V.T.C.A., Finance Code §363.601.

  • H.B. No. 1258 1 (3-a) "Deferred presentment transaction" means a 2 single-payment or multiple-payment transaction defined as a 3 deferred presentment transaction by Section 341.001 in connection 4 with which the consumer is not required to provide real or personal 5 property as security.

  • Deferred presentment transaction means providing currency or a payment instrument in exchange for a person's check or agreement to provide access to a drawer’s account in a financial institution and agreeing to hold that person's check or maintain rights to access a drawer’s account for a period of time prior to presentment, deposit, or redemption.

  • H.B. No. 242 1 (3-a) "Deferred presentment transaction" means a 2 single-payment or multiple-payment transaction defined as a 3 deferred presentment transaction by Section 341.001 in connection 4 with which the consumer is not required to provide real or personal 5 property as security.

  • H.B. No. 2808 1 (3-a) "Deferred presentment transaction" means a 2 single-payment or multiple-payment transaction defined as a 3 deferred presentment transaction by Section 341.001 in connection 4 with which the consumer is not required to provide real or personal 5 property as security.

  • Deferred presentment transaction has the meaning given that term in Section 393.601 of the Texas Finance Code.


More Definitions of Deferred presentment transaction

Deferred presentment transaction means providing
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Deferred presentment transaction means providing currency or a payment instrument in exchange for a drawer’s check and agreeing to hold the check for a deferment period.
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Deferred presentment transaction means deferred presentment option as defined by the Arkansas Check-Xxxxxx’x Act.
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Deferred presentment transaction means providing currency or a payment instrument in exchange for a drawer’s person’s check and agree- ing to hold the that person’s check for a deferment period of time prior to presentment, deposit, or redemption.
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Deferred presentment transaction means a deferred presentment transaction as
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Deferred presentment transaction means providing currency or a payment instrument in exchange for a drawer’s check
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Related to Deferred presentment transaction

  • Payment Transaction means an act, initiated by the payer or on his behalf or by the payee, of placing, transferring or withdrawing funds, irrespective of any underlying obligations between the payer and the payee;

  • Subsequent Transaction has the meaning set forth in Section 1.08.

  • Restricted Payment Transaction means any Restricted Payment permitted pursuant to Section 409, any Permitted Payment, any Permitted Investment, or any transaction specifically excluded from the definition of the term “Restricted Payment” (including pursuant to the exception contained in clause (i) and the parenthetical exclusions contained in clauses (ii) and (iii) of such definition).

  • Subsequent Transfer Agreement A Subsequent Transfer Agreement substantially in the form of Exhibit P hereto, executed and delivered by the Sellers, the Depositor and the Trustee as provided in Section 2.01(d).

  • Subsequent Transfer Instrument: Each Subsequent Transfer Instrument, dated as of a Subsequent Transfer Date, executed by the Trustee and the Depositor substantially in the form attached hereto as Exhibit I, by which Subsequent Loans are transferred to the Trust Fund.

  • Co-Investment Transaction means any transaction in which a Regulated Fund (or its Wholly-Owned Investment Sub (defined below)) participated together with one or more Affiliated Funds and/or one or more other Regulated Funds in reliance on the Order.

  • Private Placement Transaction means a “limited offering” as defined from time to time in Rule 17j-l under the 1940 Act or any applicable successor provision. Currently, this means an offering exempt from registration under the Securities Act of 1933 pursuant to Section 4(2) or 4(6) or Rule 504, 505 or 506 under that Act, including hedge funds.

  • Document Transfer Event As defined in the Pooling and Servicing Agreement.

  • Replacement Transaction means, with respect to any Terminated Transaction or group of Terminated Transactions, a transaction or group of transactions that (i) would have the effect of preserving for Party B the economic equivalent of any payment or delivery (whether the underlying obligation was absolute or contingent and assuming the satisfaction of each applicable condition precedent) by the parties under Section 2(a)(i) in respect of such Terminated Transaction or group of Terminated Transactions that would, but for the occurrence of the relevant Early Termination Date, have been required after that Date, and (ii) has terms which are substantially the same as this Agreement, including, without limitation, rating triggers, Regulation AB compliance, and credit support documentation, save for the exclusion of provisions relating to Transactions that are not Terminated Transaction, as determined by Party B in its sole discretion, acting in a commercially reasonable manner.

  • Subsequent Transfer Date With respect to each Subsequent Transfer Instrument, the date on which the related Subsequent Mortgage Loans are sold to the Trust Fund.

  • Subsequent Transfer Instrument Each Subsequent Transfer Instrument, dated as of a Subsequent Transfer Date, executed by the Trustee and the Depositor substantially in the form attached hereto as Exhibit Q, by which Subsequent Mortgage Loans are transferred to the Trust Fund.

  • Void Transaction means any transaction wherein the transaction has taken place but has been cancelled /rejected /unsuccessful by the Alliance Partner.

  • Designated Payment/Transfer Office means (i) with respect to the initial Paying Agent/Registrar named herein, its office in Dallas, Texas, or at such other location designated by the Paying Agent/Registrar and (ii) with respect to any successor Paying Agent/Registrar, the office of such successor designated and located as may be agreed upon by the City and such successor.

  • Relevant Transaction has the meaning specified in Section 2.05(b)(ii).

  • Deferred Intercompany Transaction has the meaning set forth in Treas. Reg. Section 1.1502-13.

  • SPAC Transaction means a transaction or series of related transactions by merger, consolidation, share exchange or otherwise of the Company with a publicly traded “special purpose acquisition company” or its subsidiary (collectively, a “SPAC”), immediately following the consummation of which the common stock or share capital of the SPAC or its successor entity is listed on the Nasdaq Stock Market, the New York Stock Exchange or another exchange or marketplace approved by the Board of Directors, including a majority of the Preferred Directors.

  • M&A Transaction means (i) the consolidation of the Company with, or a merger with or into, any third party, following which the Company’s stockholders immediately prior to such transaction, will own less than 50.1% of the surviving entity or the Company, as applicable, immediately following such transaction, or (ii) an acquisition or other transfer of all or substantially all of the Company’s securities or assets.

  • Retail installment transaction means retail installment transaction as defined in section 2 of the retail installment sales act, Act No. 224 of the Public Acts of 1966, being section 445.852 of the Michigan Compiled Laws.

  • Significant Transaction means a transaction which meets any one of the tests below:

  • Roll-Up Transaction means a transaction involving the acquisition, merger, conversion or consolidation either directly or indirectly of the Company and the issuance of securities of a Roll-Up Entity to the Shareholders. Such term does not include:

  • Rate Management Transaction means any transaction (including an agreement with respect thereto) now existing or hereafter entered into between the Borrower and any Lender or Affiliate thereof which is a rate swap, basis swap, forward rate transaction, commodity swap, commodity option, equity or equity index swap, equity or equity index option, bond option, interest rate option, foreign exchange transaction, cap transaction, floor transaction, collar transaction, forward transaction, currency swap transaction, cross-currency rate swap transaction, currency option or any other similar transaction (including any option with respect to any of these transactions) or any combination thereof, whether linked to one or more interest rates, foreign currencies, commodity prices, equity prices or other financial measures.

  • Post-Event Transferee shall have the meaning set forth in Section 7(e) hereof.

  • Factoring Transaction means any transaction or series of transactions that may be entered into by the Borrower or any Subsidiary pursuant to which the Borrower or such Subsidiary may sell, convey, assign or otherwise transfer (or purport to sell, convey, assign or otherwise transfer) Securitization Assets (which may include a grant of security interest in such Securitization Assets so sold, conveyed, assigned or otherwise transferred or purported to be so sold, conveyed, assigned or otherwise transferred) to any Person.

  • Qualified Securitization Transaction means any transaction or series of transactions that may be entered into by the Company or any of its Restricted Subsidiaries pursuant to which the Company or any of its Subsidiaries may sell, convey or otherwise transfer to:

  • Merger Transaction means any merger, acquisition or similar transaction involving a recapitalization as contemplated by Rule 10b-18(a)(13)(iv) under the Exchange Act.

  • Financing Transaction means a transaction in which a licensed provider obtains financing from a financing entity including any secured or unsecured financing, any securitization transaction, or any securities offering which is either registered or exempt from registration under federal and state securities law.