Web Transaction Engine definition

Web Transaction Engine means the system of computer hardware and software created and established by the Transfer Agent in order to enable Shareholders of the Funds to utilize the Internet to access Fund information and perform account inquiries and transactions.
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Web Transaction Engine. Set up Fee: $150.00 per hour Reviewing client network requirements and signing off on the requirements Recommending method of linking to the Web Transaction Engine Installing the network hardware and software Implementing the network connectivity Testing the network connectivity and performance Transaction Cost: Account Inquiry $.10 per inquiry Financial Transactions $.50 per transaction Annual Maintenance Fee: $20,000 per annum Releases of new versions of Web Transaction Engine (does not include customization) Maintain security infrastructure with auditing function Monthly Usage Reports Help Desk Support Hardware Maintenance Fee: $20,000 per annum Does not include client hardware and software requirements. That is an out-of-pocket expense for the client Installation of hardware is billed as time and materials Does not include third party hardware and software maintenance agreements Customized Development: $150 per hour Call Center Services for Registration (one-time): $2.50 per call Shareholder Notification campaign: priced per campaign Schedule C OUT-OF-POCKET EXPENSES The Fund shall reimburse Investor Services Group monthly for applicable out-of-pocket expenses, including, but not limited to the following items: o Microfiche/microfilm production o Magnetic media tapes and freight o Printing costs, including certificates, envelopes, checks and stationery o Postage (bulk, pre-sort, ZIP+4, barcoding, first class) direct pass through to the Fund o Due diligence mailings o Telephone and telecommunication costs, including all lease, mainte- xxxxx and line costs o Ad hoc reports o Proxy solicitations, mailings and tabulations o Daily & Distribution advice mailings o Shipping, Certified and Overnight mail and insurance o Year-end form production and mailings o Terminals, communication lines, printers and other equipment and any expenses incurred in connection with such terminals and lines Duplicating services o Courier services o Incoming and outgoing wire charges o Federal Reserve charges for check clearance o Overtime, as approved by the Fund o Temporary staff, as approved by the Fund o Travel and entertainment, as approved by the Fund o Record retention, retrieval and destruction costs, including, but not limited to exit fees charged by third party record keeping vendors o Third party audit reviews o Ad hoc SQL time o Insurance o Such other miscellaneous expenses reasonably incurred by Investor Services Group in performing its duties and responsibilities und...
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Examples of Web Transaction Engine in a sentence

  • Liquidity Plus Money Market Fund Munder S&P 500 Index Equity Fund Munder S&P MidCap Index Equity Fund Munder S&P SmallCap Index Equity Fund Munder Foreign Equity Fund Munder Aggregate Bond Index Fund Munder Framlington Funds Trust Munder Framlington Emerging Markets Fund Munder Framlington Healthcare Fund Munder Framlington International Growth Fund Schedule A IMPRESSNet Fees Web Transaction Engine Transaction Cost: .

  • The Transfer Agent shall be responsible for maintenance and support of the Secure Net Gateway and the Web Transaction Engine, which includes the following: (i) error corrections, minor enhancements and interim upgrades to IMPRESSNetR which are made generally available by the Transfer Agent to IMPRESSNetR customers; and (ii) help desk support to provide assistance to Fund employees with the Funds’ use of IMPRESSNetR.

Related to Web Transaction Engine

  • Online Transaction means any Phone/Electronic Transaction requested through an Electronic Transmission over the Internet.

  • Acquisition Transaction Announcement means (i) the announcement of an Acquisition Transaction, (ii) an announcement that Counterparty or any of its subsidiaries has entered into an agreement, a letter of intent or an understanding designed to result in an Acquisition Transaction, (iii) the announcement of the intention to solicit or enter into, or to explore strategic alternatives or other similar undertaking that may include, an Acquisition Transaction, (iv) any other announcement that in the reasonable judgment of the Calculation Agent may result in an Acquisition Transaction or (v) any announcement of any change or amendment to any previous Acquisition Transaction Announcement (including any announcement of the abandonment of any such previously announced Acquisition Transaction, agreement, letter of intent, understanding or intention). For the avoidance of doubt, announcements as used in the definition of Acquisition Transaction Announcement refer to any public announcement whether made by the Issuer or a third party.

  • SPAC Transaction means a transaction or series of related transactions by merger, consolidation, share exchange or otherwise of the Company with a publicly traded “special purpose acquisition company” or its subsidiary (collectively, a “SPAC”), immediately following the consummation of which the common stock or share capital of the SPAC or its successor entity is listed on the Nasdaq Stock Market, the New York Stock Exchange or another exchange or marketplace approved by the Board of Directors, including a majority of the Preferred Directors.

  • Transaction Data means observable prices, rates, indices or values representing transactions between unaffiliated counterparties in an active market subject to competitive supply and demand forces;

  • M&A Transaction means any acquisition, directly or indirectly, by a Project Holdco, whether by purchase, merger or otherwise, of all or substantially all of the assets of, all or a portion of the Equity Interests of, or a business line or unit or a division of, any Person.

  • Acquisition Transactions means the transactions contemplated by the Acquisition Agreement.

  • Roll-Up Transaction means a transaction involving the acquisition, merger, conversion or consolidation either directly or indirectly of the Company and the issuance of securities of a Roll-Up Entity to the holders of Common Shares. Such term does not include:

  • Card Transaction means any purchase of goods and/or services or any transfer or cash advances effected by the use of a Card;

  • Acquisition Transaction means any transaction or series of transactions involving:

  • Transaction Receipt means a confirmation that is transmitted to a registered User after a registered User has submitted a transaction to the Court through a Vendor. The Transaction Receipt displays the date and time the transaction was submitted by the registered User through the Vendor.

  • Transaction-Specific Hedge means any Transaction that is an interest rate cap, interest rate floor or interest rate swaption, or an interest rate swap if (x) the notional amount of the interest rate swap is “balance guaranteed” or (y) the notional amount of the interest rate swap for any Calculation Period otherwise is not a specific dollar amount that is fixed at the inception of the Transaction.

  • Suspicious transaction means a “transaction” as defined below, including an attempted transaction, whether or not made in cash, which, to a person acting in good faith:

  • Formation Transactions means the transactions contemplated by this Agreement and the other Formation Transaction Documentation.

  • Factoring Transaction means any transaction or series of transactions that may be entered into by the Borrower or any Restricted Subsidiary pursuant to which the Borrower or such Restricted Subsidiary may sell, convey, assign or otherwise transfer Securitization Assets (which may include a backup or precautionary grant of security interest in such Securitization Assets so sold, conveyed, assigned or otherwise transferred or purported to be so sold, conveyed, assigned or otherwise transferred) to any Person other than a Receivables Subsidiary.

  • Debit Card Transaction means an electronic payment using a Card for the purchase of goods or services (which can include payment for CashBack), by a Cardholder, to a Retailer displaying the Visa logo and/or who is in the Visa Scheme.

  • Retail transaction means the purchase of prepaid wireless telecommunications service from a seller for any purpose other than resale.

  • Derivative Transaction means any agreement, arrangement, interest or understanding entered into by, or on behalf or for the benefit of, any Proposing Shareholder or any of its affiliates or associates, whether of record or beneficial: (1) the value of which is derived in whole or in part from the value of any class or series of shares or other securities of the Company, (2) which otherwise provides any direct or indirect opportunity to gain or share in any gain derived from a change in the value of securities of the Company, (3) the effect or intent of which is to mitigate loss, manage risk or benefit of security value or price changes, or (4) which provides the right to vote or increase or decrease the voting power of, such Proposing Shareholder, or any of its affiliates or associates, with respect to any shares or other securities of the Company, which agreement, arrangement, interest or understanding may include, without limitation, any option, warrant, debt position, note, bond, convertible security, swap, stock appreciation right, short position, profit interest, hedge, right to dividends, voting agreement, performance-related fee or arrangement to borrow or lend shares (whether or not subject to payment, settlement, exercise or conversion in any such class or series), and any proportionate interest of such Proposing Shareholder in the securities of the Company held by any general or limited partnership, or any limited liability company, of which such Proposing Shareholder is, directly or indirectly, a general partner or managing member.

  • Card Transactions means any payment made for goods or services, cash withdrawals from a bank or financial institution (including ATM withdrawals) or transfer of funds made through the use of the Card or the Card number.

  • Company Acquisition Transaction means any transaction or series of transactions involving:

  • Bundled transaction means the purchase of 2 or more distinct and identifiable products, except real property and services to real property, where the products are sold for a single nonitemized price. A bundled transaction does not include the sale of any products in which the sales price varies, or is negotiable, based on the selection by the purchaser of the products included in the transaction. As used in this subdivision:

  • Excluded Transaction means any transaction in which assets are transferred to: (A) a shareholder of the Company (determined immediately before the asset transfer) in exchange for or with respect to its stock; (B) an entity, fifty percent (50%) or more of the total value or voting power of which is owned, directly or indirectly, by the Company (determined after the asset transfer); (C) a Person, or more than one Person Acting as a Group, that owns, directly or indirectly, fifty percent (50%) or more of the total value or voting power of all the outstanding stock of the Company (determined after the asset transfer); or (D) an entity at least fifty percent (50%) of the total value or voting power of which is owned, directly or indirectly, by a Person described in clause (C) (determined after the asset transfer).