Failed Transaction definition

Failed Transaction means an attempted request to complete a transaction that reaches server but cannot be processed as read due to system error, the return result of which shows “SYSTEM_ERROR”; for the avoidance of doubt, (i) any return results that shows “REQUEST_TRAFFIC_EXCEED_LIMIT” shall not be deemed as Failed Transactions hereunder, and (ii) a maximum volume of API requests Processed per second by all the Customer Services shall not exceed five (5), and if the number of the API calls per second exceeds such limit, any error return shall not be deemed as Failed Transactions hereunder.
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Failed Transaction means a transaction by which the User's account is debited but the Receipt is not generated on the website of the Haj Committee of India.
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Failed Transaction means a securities transaction that is not settled on the contractual settlement date;
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Examples of Failed Transaction in a sentence

  • You acknowledge that a Failed Transaction, for any reason, does not automatically release you from the purchase and sale agreement.

  • Failed Transaction before or after it is processed by us for reasons outside of our control, and includes without limitation Chargebacks, Reversals, Failed Payments and any other reversal, chargeback or disputed payment.

  • If designated by LaserTrade as a Failed Transaction for reasons unrelated to you and you have remitted payment pursuant to Section 4.2, the party you paid shall be responsible for returning the full payment of the Purchase Price.

  • In the case of a Failed Transaction, Buyer and Seller agree that LaserTrade reserves the right to collect any applicable fee it would otherwise be owed for a successfully completed sale from that party who has violated his/her obligation to cooperate in the completion of the transaction.

  • In the case of a Failed Transaction, you cannot claim any breach of duty on the part of LaserTrade based solely on the fact that the Purchase Price (less monies owed) has not been remitted to you but rather returned to the Buyer.

  • If designated by LaserTrade as a Failed Transaction for reasons unrelated to you and you have shipped the Device(s), the party to whom you shipped the Device(s) shall be responsible for returning the Device(s).

  • If the Failed Transaction is ultimately unsuccessful solely due to the fact that you have not undertaken to follow the instructions provided by LaserTrade, there will be no responsibility on any party to return to you the full or partial payment of the Device(s) Purchase Price, or where applicable, any fees paid to LaserTrade.

  • In the case of a Failed Transaction, you cannot claim any breach of duty on the part of LaserTrade based solely on the fact that the has not been delivered to you but rather returned to the Seller.

  • If the Failed Transaction is ultimately unsuccessful solely due to the fact that you have not undertaken to follow the instructions provided by LaserTrade, there will be no responsibility on any party to return to you the Device(s), or where applicable, any fees paid to LaserTrade.

  • For the avoidance of doubt, in no event shall the Secondary Loan be made available to Borrower (i) unless and until PlanCo shall have, prior to the Submission Deadline, submitted a formal response to the NC RFP and, in response thereto, been awarded an acceptable NCDHB Contract; or (ii) following the occurrence of a Failed Transaction Termination Event.


More Definitions of Failed Transaction

Failed Transaction means a securities transaction that does not settle on the contractual settlement date.
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Failed Transaction means a securities transaction that does not settle on the
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Failed Transaction has the meaning set forth in Section 6.1(b).
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Related to Failed Transaction

  • Failed Transactions is the set of all requests within Total Transaction Attempts that return an Error Code.

  • Bundled transaction means the purchase of 2 or more distinct and identifiable products, except real property and services to real property, where the products are sold for a single nonitemized price. A bundled transaction does not include the sale of any products in which the sales price varies, or is negotiable, based on the selection by the purchaser of the products included in the transaction. As used in this subdivision:

  • Required Transaction means any transaction involving a Swap that is subject to the trade execution requirement of Section 2(h)(8) of the Act.

  • Excluded Transaction means any transaction in which assets are transferred to: (A) a shareholder of the Company (determined immediately before the asset transfer) in exchange for or with respect to its stock; (B) an entity, fifty percent (50%) or more of the total value or voting power of which is owned, directly or indirectly, by the Company (determined after the asset transfer); (C) a Person, or more than one Person Acting as a Group, that owns, directly or indirectly, fifty percent (50%) or more of the total value or voting power of all the outstanding stock of the Company (determined after the asset transfer); or (D) an entity at least fifty percent (50%) of the total value or voting power of which is owned, directly or indirectly, by a Person described in clause (C) (determined after the asset transfer).

  • Approved Transaction means any transaction in which the Board (or, if approval of the Board is not required as a matter of law, the stockholders of the Company) shall approve (i) any consolidation or merger of the Company, or binding share exchange, pursuant to which shares of Common Stock of the Company would be changed or converted into or exchanged for cash, securities, or other property, other than any such transaction in which the common stockholders of the Company immediately prior to such transaction have the same proportionate ownership of the Common Stock of, and voting power with respect to, the surviving corporation immediately after such transaction, (ii) any merger, consolidation or binding share exchange to which the Company is a party as a result of which the Persons who are common stockholders of the Company immediately prior thereto have less than a majority of the combined voting power of the outstanding capital stock of the Company ordinarily (and apart from the rights accruing under special circumstances) having the right to vote in the election of directors immediately following such merger, consolidation or binding share exchange, (iii) the adoption of any plan or proposal for the liquidation or dissolution of the Company, or (iv) any sale, lease, exchange or other transfer (in one transaction or a series of related transactions) of all, or substantially all, of the assets of the Company.