Open Transaction definition

Open Transaction means a Transaction in which the Buyers have purchased and paid for the related Purchased Loans but the Seller has not repurchased all of them, such that the remaining Purchased Loans not repurchased by the Seller of the subject Transaction would be an Open Transaction.
Open Transaction means either a Pending Transaction or Failed Transaction. "Original Security" has the meaning specified in Section 1.16.6.
Open Transaction or "open" means a deferred presentment service transaction which has been registered and recorded but not completed on the database.

Examples of Open Transaction in a sentence

  • In those markets, transactions reflecting the Interim Securities will be automatically created by the ASP or Clearing House if an Open Transaction is open over the Record Date.

  • Price Differential on each Open Transaction and each Tranche thereunder accrued and unpaid to (or through) the last calendar day of each month before the Termination Date is due and payable on the 10th day of each month, whether or not such Transaction is still an Open Transaction on such payment due date; provided that all accrued and unpaid Price Differential on all Transactions shall be due on the Termination Date.

  • The Variation Margin liability may arise due to a change in the current marked-to-market value of the Derivative or other Open Transaction and the previous marked-to- market value of that Transaction, or because Fusion Markets in its discretion calls for more Variation Margin.

  • Subject to those provisions of the Trade Practices Act 1974 (Commonwealth), the Australian 12.1 If you want to Close Out an Open Transaction earlier than by other agreement with Fusion Markets, you must instruct Fusion Markets accordingly with at least two (2) Business Days' notice prior to the intended settlement date for Close Out of any Open Transaction, subject to the Rules, prevailing market conditions or as otherwise agreed with Fusion Markets.

  • When the ADD function is complete, the transaction code and amount are written to the Open Transaction History File.

  • If you want to Close Out an Open Transaction earlier than by other agreement with FXTRADING.com, you must instruct FXTRADING.com accordingly with at least two (2) Business Days' notice prior to the intended settlement date for Close Out of any Open Transaction, subject to the Rules, prevailing market conditions or as otherwise agreed with FXTRADING.com.

  • Open Transaction A Transaction, which has not been settled in accordance with its terms or Closed Out.

  • Open Transaction means, at any time, a Transaction which has not been Closed Out or settled prior to the time agreed for settlement.

  • Shores, Closing the Open Transaction Loophole: Mandatory Installment Reporting, 10 VA.

  • The Open Transaction Report identifies any open transactions and missing headcounts.


More Definitions of Open Transaction

Open Transaction means a Transaction in which the Buyers or the Swing Line Buyer have purchased and paid for the related Purchased Loans but the Seller has not repurchased all of them, such that the remaining Purchased Loans not repurchased by the Seller of the subject Transaction would be an Open Transaction. “Operating Account” means the Seller’s non-interest bearing demand deposit account maintained with Agent and described on Schedule 1.2, from which the Agent is authorized pursuant to Section 3.5 to withdraw funds on any day in an amount equal to the aggregate Repurchase Prices of all Purchased Loans that are Past Due on that day. The Operating Account shall be subject to setoff by the Agent for Pro Rata distribution to the Buyers and, upon the occurrence and during the continuance of an Event of Default, the Agent may also terminate the Seller’s right to withdraw, or direct the payment of funds in the Operating Account until the Obligations have been paid in full. “Organizational Documents” means as to any Person other than a natural Person, its articles or certificate of incorporation, organization, limited partnership or other document filed with a Governmental Authority evidencing the organization of such entity and any bylaws, operating agreement or other governance document governing the rights of the holders of the ownership interests in such Person. “Other Taxes” is defined in Section 7.2. “Parent” means PulteGroup, Inc., a Michigan corporation. “Parent Repurchase Agreement” means the Master Repurchase Agreement dated as of September 30, 2009, between the Seller and Parent, as it may be supplemented, amended or restated from time to time. “Past Due” means that the Seller has not repurchased the subject Purchased Loan on or before its Repurchase Date.
Open Transaction means a Transaction which has not been cancelled or terminated or settled (and where part of an Open Transaction, is cancelled or terminated or settled, the remaining part thereof shall, for the purposes of this Forex Transaction Terms, be considered an Open Transaction);
Open Transaction means a Transaction in which the Buyers or the Swing Line Buyer have purchased and paid for the related Purchased Loans but the Seller has not repurchased all of them, such that the remaining Purchased Loans not repurchased by the Seller of the subject Transaction would be an Open Transaction. “Operating Account” means the Seller’s non-interest-bearing demand deposit account maintained with Agent and described on Schedule 1.2, from which the Agent is authorized pursuant to Section 3.5 to withdraw funds on any day in an amount equal to the aggregate Repurchase Prices of all Purchased Loans that are Past Due on that day. “Organizational Documents” means as to any Person other than a natural Person, its articles or certificate of incorporation, organization, limited partnership or other document filed with a
Open Transaction means a Transaction in which the Buyers have purchased and paid for the related Purchased Loans but the Seller has not repurchased all of them, such that the remaining Purchased Loans not repurchased by the Seller of thesubject Transaction would be an Open Transaction.

Related to Open Transaction

  • 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.

  • Acquisition Transactions means the transactions contemplated by the Acquisition Agreement.

  • Acquisition Transaction means any transaction or series of transactions involving:

  • Transaction means the transactions contemplated by the Transaction Documents.

  • Card Transaction means any purchase of goods and/or services or any transfer or cash advances effected by the use of a Card;