UATP definition

UATP shall have the meaning set forth in Section 3(d).
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UATP means Universal Air Travel Plan benefits granted to certain employees and directors and the cards issued for the exercise of such benefits (or, in the event of discontinuance of the UATP program, a similar charge card) permitting the purchase of air travel through direct billing to Continental or any successor thereto or Holdings or any successors thereto, as applicable.
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UATP. Ability to use the UATP form of payment is supported through a web service connection via the internet to UATP from SkyPay. Customer may also choose to process UATP payments via their PSP, if supported by their PSP, through NAVITAIRE’s standard payment connection to that PSP. *****Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. Hosted Services Agreement FINAL
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Examples of UATP in a sentence

  • The proposed annual caps for the transactions under the Commercial Factoring Services Agreement for the three years ending 31 December 2028 are determined primarily based on the factor that Eastern Air Factoring is qualified to conduct UATP card issuance and accounts receivable factoring financing services.

  • In addition, the UATP card issuance services provided by Eastern Air Factoring address the Company’s needs in corporate travel management and centralized payment solutions, thereby improving service quality for corporate travel clients and further promoting the Company’s air ticket sales.

  • In order to attract corporate clients, optimize cash flow, and further expand its international business, the Company expects to engage in transactions with Eastern Air Factoring involving commercial factoring related to UATP, factoring financing of accounts receivable unrelated to UATP, accounts receivable management and related advisory services.


More Definitions of UATP

UATP means the Raw Water conveyance component of the Umiray Angat Transbasin Project, as described in Schedule 9.
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UATP means Universal Air Travel Plan. The UATP card issuance business is a global corporate travel payment solution led by airlines, the core function of which involves the issuance of virtual credit card accounts by the issuing institution to corporate clients, providing credit limits and billing cycle management for the centralized payment of air tickets and related services offered by partner airlines worldwide. Corporate clients may use UATP accounts to purchase tickets via travel management companies or direct channels. The issuing institution or financial service provider advances the payment to the airline, and the corporate client settles the account on a monthly basis
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UATP means the Umiray Angat Transbasin Project.
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Related to UATP

  • Card means credit, debit, smart or other charge or pre-paid cards branded as follows: Visa, Mastercard, American Express, Visa Debit, Solo, Maestro (subject to the Codes of Practice).

  • Ticket means either a paper or electronic document issued by or on behalf of the carrier which includes the passenger’s flight coupons. The ticket serves as evidence of payment of air fare and constitutes for the passenger proof of their contract of carriage. It also has detailed information to ensure proper processing and handling. In instances where a ticket exists as an electronic document, the carrier issues to the passenger, as proof of purchase, an itinerary/receipt.