Live Transaction definition

Live Transaction means a collection of related electronic messages designed to complete a Transaction, for other than test or certification purposes, at an automated teller machine (“ATM”), point of sale (“POS”) device, or other device that accepts Cards for payment or other funds transfer purposes, and that is concluded by a credit or a debit to a Cardholder’s account.
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Live Transaction means any refinancing, sale, purchase, purchase of retirement village occupation rights or commercial property transaction which is entered into conveyIT Maestro where the appropriate stage is added to the workflow.
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Live Transaction means a collection of related electronic messages designed to complete a Transaction, for other than test or certification purposes, at an automated teller machine (“ATM”), point of sale (“POS”) device, or other device that accepts Cards for payment or other funds transfer purposes, and that is concluded by a credit or a debit to a Cardholder’s account. 268951.31 1 MasterCard International IncorporatedProcessing Services Agreement
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Examples of Live Transaction in a sentence

  • If Customer improperly terminates this Agreement or if MasterCard terminates this Agreement for Customer’s material breach on or after First Live Transaction Date, MasterCard shall be entitled to the prompt payment by Customer of [*] (i) [*] of the [*] during the [*] preceding the date of termination [*] (which for purposes of this section, if [*]), or (ii) [*].

  • The parties shall cooperate to create an initial press release upon the First Live Transaction Date, as well as subsequent public communications, and each party shall seek the other party’s consent prior to issuing any news release, public announcement, advertisement, or any other form of publicity, in any form or content, in connection with this Agreement and/or referring to the other party.

  • As a result, if Customer improperly terminates this Agreement or if MasterCard terminates this Agreement for Customer’s material breach prior to First Live Transaction Date, MasterCard shall be entitled to the prompt payment by Customer of [*] and [*], up to an aggregate of [*].

  • If MasterCard improperly terminates this Agreement or if Customer terminates this Agreement for MasterCard’s material breach or if Customer terminates this Agreement pursuant to Section 16.2.4 on or after the First Live Transaction Date, Customer shall be entitled to the prompt payment by MasterCard of [*] as a result provided, however, that [*].

  • If MasterCard improperly terminates this Agreement or if Customer terminates this Agreement for MasterCard’s material breach or if Customer terminates this Agreement pursuant to Section 16.2.4 prior to the First Live Transaction Date, Customer shall be entitled to the prompt payment by MasterCard of [*], up to an aggregate of [*].

  • For example, if the First Live Transaction Date is [*], the SLA shall be measured and reported for [*].

  • The penalties, however, shall only be applicable beginning on the [*] following the First Live Transaction Date.

  • The Customer will maintain account(s) with such financial institutions as may be required for Network sponsorship and will maintain such balances as may be required for the settlement of Live Transaction activity, authorized adjustments, and any other financial obligations arising under the Processing Services.

  • Each report shall include the following: • Yearly Summary - a one page report containing a [*] summary of the performance against each SLA • Monthly Summary - a one page report of the performance against each SLA for the prior calendar month • Incident Summary - a listing each of the monthly processing incidents that would impact performance against a specific monthly SLA The SLAs shall be measured beginning on the first of the calendar month immediately following the First Live Transaction Date.

  • Upon the First Live Transaction Date, MasterCard will 268951.31 5 MasterCard International IncorporatedProcessing Services Agreement provide a support group of three (3) people consisting of the following: Account Manager, Customer Support Operations Specialist, and an Implementation Project Manager.