payments module definition

payments module. (PM) means a module in which pay- ments of PM account holders held by TARGET2-OeNB participants is settled on PM accounts;
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payments module. (PM) means a module in TARGET2- OeNB for settling payments of PM account holders on PM accounts;
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Related to payments module

  • FILOT Payments means the amount paid or to be paid in lieu of ad valorem property taxes as provided herein.

  • payment system means a funds transfer system with formal and standardised arrangements and common rules for the processing, clearing and/or settlement of payment transactions;

  • Service Drop means a cable that, by its design, capacity and relationship to other cables of the Company, can be reasonably considered to be for the sole purpose of connecting backbone of the Equipment to not more than one individual customer or building point of presence or property.

  • Event Payments has the meaning set forth in Section 6.1(d).

  • Technical Support Services means the technical support and maintenance Services provided by us according to our then-current technical support policy and procedure listed at ▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ (“Technical Support Policy”) when the Services are purchased.