Remittance definition
Remittance. As defined in Section 7.02(b) hereof.
Remittance means a payment by Utility to DWR or its Assign(s) in accordance with the Servicing Arrangement.
Remittance means each remittance under the Servicing Agreement of Estimated SB Charge Payments by the Servicer to the Trustee.
Examples of Remittance in a sentence
Notwithstanding the foregoing, for so long as the Monthly Remittance Condition is satisfied, the Servicer shall not be required to remit such collections on a daily basis, but may retain such collections without segregation and remit such collections with respect to the preceding calendar month to the Collection Account on the Payment Determination Date immediately preceding the related Payment Date.
More Definitions of Remittance
Remittance means any payment we make to you under this Agreement in the course of Card Acquiring Services (and “Remit” will be construed accordingly);
Remittance shall have the meaning set forth in Section 3.3.
Remittance means a Payment Service where funds are received from a Payer, without any Payment Accounts being created in the name of the Payer or the Payee, for the sole purpose of transferring a corresponding amount to a Payee or to another Payment Service Provider acting on behalf of the Payee, and/or where such funds are received on behalf of and made available to the Payee.
Remittance refers to the transfer from your Sokin Account to a Beneficiary, or vice versa, as the case maybe;
Remittance. With respect to any one or more Accounts for any particular date or period, the net amount with respect to collections or receipts on such Account or Accounts for such date or period that is required to be remitted by the Servicer to the Trustee for deposit in the Collection Account.
Remittance means a transfer of money to Merchant for the amount actually collected by Servicer or APMPs with respect to ▇▇▇▇▇▇▇▇’s Transactions processed, less Deductions.
Remittance. The Company will self-administer reinsurance transactions. Reinsurance premiums are payable as specified in the Premium Mode provision in the applicable Exhibit. During each accounting period, as defined below, the Company will report to the Reinsurer all first year and renewal premiums which became due during the previous accounting period. Reporting of business transactions should begin within 90 days of the latter of the effective date or the execution date of the Agreement, including policies with zero first year premium. Any adjustments made necessary by changes in reinsurance effective during a previous accounting period will also be reported. The Company will take credit, without interest, for any unearned premiums arising due to reductions, cancellations or death claims. The unearned premiums refunded will be net of allowances and policy fees. The Company will pay the balance of premiums in arrears due under a reinstated Reinsured Policy. If a net balance is due to the Reinsurer, the Company will forward a remittance in settlement with its report. If the net balance is due to the Company, the Reinsurer will forward a remittance in settlement within 30 days of receipt of the report.