Unbundle definition
Unbundle as used herein means that Visa shall not require that as a condition of accepting Other Visa Products, merchants must accept Visa POS Debit Devices, and vice versa.
Unbundle or "unbundled" means the identification and separation of the physical components, functions, and services of an exchange network.
Unbundle the basic services in a bankruptcy case, for example, by entering into an agreement to prepare the initial papers and do nothing more, because almost all consumer debtors are incapable of adequately representing themselves throughout the remainder of the case. There may be a variety of ways for attorneys to obtain payment of their fees, depending on state law, including for example the debtor’s grant of a lien on an anticipated tax refund or other property. Some courts have specified lists of duties that attorneys must agree to perform in order to qualify for a “no look” automatic approval of a specified fee. Unanticipated events, such as motions for stay relief or dischargeability complaints, can occur in any case, so the debtor should be advised if such events are not covered by the stated fee and informed of how fees for additional necessary services will be calculated. The debtor client is, of necessity, the primary source of information in a consumer bankruptcy case and the client’s statement of the facts, obtained in a thorough and probing interview, should be presumed to be true absent particular circumstances that give rise to a suspicion that it is not. The debtor’s attorney should also obtain all documents reasonably available that are necessary to complete the petition, statement and schedules as fully and accurately as is reasonably possible. The debtor, should be advised that all information presented to the court must be truthful and complete. As in almost any other kind of legal matter, the client is the primary source of an attorney’s information. See 2. ▇▇▇▇▇ ▇▇. ▇▇▇▇▇ ET AL., ▇▇▇▇▇’▇ FEDERAL PRACTICE ¶11.11[2] (3d Ed.)(“An attorney may rely on objectively reasonable representations of his or her client.” ) There is no reason to believe that consumer bankruptcy debtors are any less honest than other clients, although due to lack of education or financial sophistication some may have less understanding of their legal and financial dealings. For example, debtors may have no expertise in valuing property, so that they may, quite innocently, greatly overvalue or undervalue property they own. Generally, information should be elicited from the debtor through use of detailed questions that go beyond simply the information to be included in the schedules and statements, using a written questionnaire1 that should be reviewed carefully in an interview to ensure that the debtor understands the questions. It is generally good practice to have the debt...
Examples of Unbundle in a sentence
Unbundle individual or component parts of the Solution for independent use.
Unbundle the rates and service options for transmission system service from distribution system service.
More Definitions of Unbundle
Unbundle means to account for the components of a contract as if they were separate contracts.
Unbundle as used herein means that MasterCard shall not require that as a condition of accepting Other MasterCard Products, merchants must accept MasterCard POS Debit Devices, and vice versa.