Cash Payment System definition

Cash Payment System means a payment system that generates any transfer of funds through a transaction originated by cash, check, or similar paper instrument. This includes electronic payments to a financial institution or clearing house that subsequently issues cash, check, or similar paper instrument to the designated payee.
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Cash Payment System means a payment system that generates any transfer of funds through a transaction originated by cash, check, or similar paper instrument. This
Sample 1Sample 2
Cash Payment System means a payment system that generates any transfer of funds through a transaction originated by cash, check, or similar paper instrument. This includes electronic payments to a financial institution or clearing house that subsequently issues cash, check, or similar paper instruments to the designated payee
Sample 1Sample 2Sample 3

Examples of Cash Payment System in a sentence

  • It is available through online, floppy disk, documents or through an agent in his own name for the applicant; and, (c) Cash Payment System - Cash is paid in JPO through Bank of Japan (including its agents) and a receipt will be presented to JPO The administrative files for registration and the acceptance files for establishment are mechanically inspected for errors in the application.

  • Electronic Cash Payment System: Electronic cash (e-cash)19 is a new concept in online payment system because it combines computerized convenience with security and privacy that improve on paper cash.

  • Comments about if change of date had positive or negative effect on attendance.

  • The money and securities held by the Trustees may be confirmed at any reasonable time by any of the Trustees, or by the auditors or other independent professionals, duly appointed by the Members in accordance with Article XI(1)(n) of this Constitution.

  • This concept originates from "Bitcoin: A Peer-to-Peer Cash Payment System" published by Nakamoto in the cryptography mailing list of cryptography Info Page at the end of 2008.

  • Cash payment is depicted in Figure 2.1. Source (Gao, 2000) Figure 2.1: Cash Payment System 2.3.2 Electronic Payment System Nweke (2015) referred electronic payment system as a system that uses integrated hardware and software to allow for the payment of goods and services by electronic means rather than by the use of physical cash or paper checks.

  • Stationing four offensive players to one side of the center of the free throw lane for the purpose of allowing the remaining player to attempt to score one-on-one against his/her defender.

  • The notice contains proposed date(s) and time(s) that are a minimum of twenty-one calendar days following the date onwhich the notification is sent out to the student.

  • Blue Cash instant PLN transfer is a domestic PLN transfer from the Customer’s bank account in PLN to the beneficiary’s account operated by other entity being participant in the Blue Cash Payment System (maintained by Blue Media S.A.).

  • Payment records entered into the Special Cash Payment System (SPL5) may be updated the same day as entered.


More Definitions of Cash Payment System

Cash Payment System means a payment system that generates any transfer of funds through a transaction originated by cash, check, or similar paper instrument. This includes electronic
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Related to Cash Payment System

  • payment system means a funds transfer system with formal and standardised arrangements and common rules for the processing, clearing and/or settlement of payment transactions;

  • settlement system means any infrastructure whether or not connected to the auction platform that can provide settlement services, which may include clearing, netting, management of collateral, or any other services, which ultimately enable the delivery of allowances on behalf of an auctioneer to a successful bidder or its successor in title, and the payment of the sum due by a successful bidder or its successor in title to an auctioneer, carried out through either of the following:

  • Cash Payment has the meaning set forth in Section 2.03(b)(iii) below.

  • Net Cash Payments means, with respect to any Disposition, the aggregate amount of all cash payments received by the Company and its Restricted Subsidiaries directly or indirectly in connection with such Disposition, whether at the time of such Disposition or after such Disposition under deferred payment arrangements or Investments entered into or received in connection with such Disposition (including, without limitation, Disposition Investments); provided that:

  • Settlement System Code means the specifications, standards, methods, calculations and conventions established under the AUC Settlement System Code Rule 021, as amended or replaced from time to time;

  • Excess Cash Payment Date means the date occurring 95 days after the last day of each Fiscal Year of Holdings (commencing with the Fiscal Year of Holdings ended December 31, 2010).

  • Closing Cash Payment has the meaning set forth in Section 2.06(a).

  • securities settlement system means a securities settlement system (as defined in the CSD Regulation) operated by a central securities depository;

  • Earned value management system means an earned value management system that complies with the earned value management system guidelines in the ANSI/EIA-748.

  • Retirement system means a retirement plan or system that is established by or pursuant to title 38.

  • Intermediate Distribution Frame (IDF means a second frame that augments an existing Main Distribution Frame. Lines or outside cables that do not terminate on the IDF.

  • Agent Payment Account means account no. 5000000030266 of Agent at Wachovia Bank, National Association, or such other account of Agent as Agent may from time to time designate to Administrative Borrower as the Agent Payment Account for purposes of this Agreement and the other Financing Agreements.

  • Settlement Payment means the transfer, or contractual undertaking (including by automated clearing house transaction) to effect a transfer, of cash or other property to effect a Settlement.

  • Premium payment plan means a benefit plan whereby state and

  • Adjustment system means the device by which the seat or its parts can be adjusted to a position suited to the morphology of the seated occupant. This device may, in particular, permit:

  • Main Distribution Frame (MDF means the termination frame for outside facility and inter-exchange office equipment at the CO.

  • Electronic Payment System means a payment system that generates any transfer of funds, other than a transaction originated by cash, check, or similar paper instrument, which is initiated through an electronic terminal, telephone, mobile phone, computer, or magnetic tape, for the purpose of ordering, instructing or authorizing a financial institution to debit or credit an account. The term includes debit cards, wire transfers, transfers made at automatic teller machines, and point-of-sale terminals.

  • Structured settlement payment rights means rights to receive periodic payments under a structured settlement, whether from the structured settlement obligor or the annuity issuer, where:

  • Acceptable earned value management system means an earned value management system that generally complies with system criteria in paragraph (b) of this clause.

  • Main Distribution Frame (MDF) is termination frame for outside facility and inter-exchange office equipment at the central office for DS-0 and DSL services.

  • Management System means an integrated set of interrelated and documented elements to prevent, control and improve the performance of a facility or group of facilities related to industrial safety, operational safety and environmental protection in the sector which the Contractor shall implement throughout the performance of the Petroleum Activities in compliance with the requirements set forth in Articles 13, 14 and 16 of the Law of the National Agency for Industrial Safety and Environmental Protection of the Hydrocarbons Sector and the other Applicable Laws.

  • Upfront Payment has the meaning set forth in Section 4.1.

  • Payment Claim means the claim for payment made by the Contractor in accordance with this Contract.

  • Series A Distribution Payment Date has the meaning assigned to such term in Section 5.11(b)(i)(A).

  • Note Payment Sequence means the application of Interest Proceeds in accordance with the Interest Proceeds Priority of Payments or the application of Principal Proceeds in accordance with the Principal Proceeds Priority of Payments, as applicable, in the following order: