Transaction Business definition

Transaction Business means a commercial establishment's solicitations to rent motor vehicles via the printed or telecommunications media, or delivery of motor vehicles for rent, or obtaining of signed rental agreements, or arrangements for or obligation of payment for rental of a motor vehicle.
View Source
Transaction Business is a business engaged in the processing or facilitating the processing of transactions of the following types: reimbursement, indemnity or other payment claims by and among physicians, hospitals, health maintenance organizations, governmental entities and other providers, pharmacies and payors, as well as related transactions, including, without limitation, eligibility, adjudication, refusals and formulary checks, irrespective of the manner, mode, communications method or platform through which such business is conducted from time to time which generated during the last full fiscal year more than $100,000,000 in gross revenues from the operations of the Transaction Business.
View Source
Transaction Business refers to the business of processing or facilitating the processing of transactions, of the following type: reimbursement, indemnity, or payment or other related claims or encounters by and among physicians, hospitals, health maintenance organizations, governmental entities, and other providers, pharmacies, and payors, as well as eligibility, adjudication, referrals, formulary checks, and similar transactions, irrespective of the manner, mode, communications method or platform through which such business is conducted from time to time, and giving effect to evolutionary or other developments in the scope of and manner in which such business generally is conducted going forward. Without limiting the foregoing, the term "Transaction Business" includes the business conducted as of the date of this Agreement (and evolutions thereof) by Envoy and by Healtheon's Affiliate MedeAmerica, Inc.
View Source

Examples of Transaction Business in a sentence

  • To the extent Business Associate conducts on behalf of Covered Entity all or part of a Transaction, Business Associate shall comply with the Electronic Transactions Rule.

  • All Licensed Data shall be provided "as is" in the form resulting after Healtheon's Transaction Business processing, De-Identification, and application of the Access Specifications.

  • Phase One: Beginning upon the date of the Launch of the Co- Branded Site and ending upon the commencement of Level Two, Phase Two, consumers who on the Autoweb Site select the Direct Transaction Business Model will be re-directed to the Co-Branded Site, at which time they will have the opportunity to configure, receive pricing information about, and submit a CarsDirect Purchase Request.

  • When a Visitor to the Autoweb Site chooses the Direct Transaction Business Model, Autoweb will control the relative prominence of all branding on pages up to and including the Autoweb Jump Pages.

  • Quintiles will use its commercially reasonable efforts to incorporate the Licensed Data in all Data Products that it develops that require the use of data of the type obtained from the conduct of a Transaction Business, or other data of the type constituting the Licensed Data.

  • Transaction Type Consumer Debit Card - Dollar Limit per Day Consumer Debit Card - Dollar Limit per Transaction Business Debit Card - Dollar Limit per Day Business Debit Card - Dollar Limit per Transaction Instant Account Funding $500 $500 $500 $500 Instant Push to Card $500 $500 $500 $500 You will not use Instant Account Funding or Instant Push to Card transactions to violate any applicable law or regulation, including OFAC rules.

  • For the Term of -------------------------------------------------- this Agreement, Autoweb will prominently promote its Direct Transaction Business Model throughout the Autoweb Site.

  • During such times as the "exclusivity" provisions contained in Section 8 above are applicable to P/UAG, P/UAG agrees to endorse CarsDirect to its P/UAG Dealers as P/UAG's preferred and exclusive Direct Transaction Business Model customer.

  • The Board believes that the Group’s cooperation with and investment in Yusheng, together with support from strategic investors such as Tencent and ▇▇.▇▇▇, will ensure Yusheng sufficient and sustained investments that are essential to expanding its Used Automobile Transaction Business quickly and gaining market leadership, and the Group can benefit from cooperation with Yusheng on a preferential basis and the potential interest in share capital that it can obtain through conversion of the Convertible Note.

  • Transaction Type Consumer Debit Card - Dollar Limit per Day Consumer Debit Card - Dollar Limit per Transaction Business Debit Card - Dollar Limit per Day Business Debit Card - Dollar Limit per Transaction Instant Account Funding $5,000 5,000 NA NA Instant Push to Card $1,000 NA NA NA You will not use Instant Account Funding or Instant Push to Card transactions to violate any applicable law or regulation, including OFAC rules.