Non-Execution definition

Non-Execution means a payment transaction that has not been executed in accordance with a payment instruction;
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Non-Execution shall have the meaning set forth in Section 6.3.
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Examples of Non-Execution in a sentence

  • Non-Execution of Electronic document In case of any of the following events, the Bank will not execute any Electronic Document received: 1.

  • Non-Execution of Electronic document In case of any of the following events, the Bank will not execute any Electronic Document received: There is a specific reason for having suspicion about the veracity of the Electronic Document or the correctness of the instructed matter.

Related to Non-Execution

  • Agreement Execution Date means the date this Agreement has been fully executed and delivered by all parties hereto.

  • Project Execution Plan means the plan referred to in Article 3.1.3(c) hereof;

  • Nondisclosure Agreement has the meaning specified in Section 11.07.

  • Cost-effective means a Health Intervention where the benefits and harms relative to the costs represent an economically efficient use of resources for patients with the medical condition being treated through the Health Intervention. For example, if the benefits and risks to the patient of two alternative Interventions are comparable, a Health Intervention costing $1,000 will be more cost effective than a Health Intervention costing $10,000. “Cost-effective” shall not necessarily mean the lowest price.

  • Letter of Intent means the intimation by a Post/Fax/email to the tenderer that the tender has been accepted in accordance with provisions contained in the letter. The responsibility of the contractor commences from the date of issue of this letter and all terms and conditions of the contract are applicable from this date.