Payment Services Contract definition

Payment Services Contract means any Contract (irrespective of its specific title) for the provision of Payment Services, e.g., a contract for opening and maintaining a current Account or contract for the issue and use of a payment card).
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Examples of Payment Services Contract in a sentence

  • The Bank shall be entitled to terminate a Payment Services Contract entered into for an indefinite period at any time, even without giving a reason.

  • The following contracts require enhanced performance monitoring:• Contracts for the purchase or license of IT and related services;• Construction contracts, including professional engineering services;• All contracts with a value over $1 million;• Contracts that receive a High Score as calculated by using the UNT System Procurement and Payment Services Contract Risk Assessment Tool.

  • The Client who is not a Qualified Client shall be entitled to terminate a Payment Services Contract entered into for an indefinite period at any time.

  • The Qualified Client shall be entitled to terminate a Payment Services Contract at any time (even if the Contract has been entered into for a definite period of time).

  • By signing the Payment Services Contract, the Qualified Client shall further confirm that he/she has received, well in advance of entering into the Payment Services Contract, information on the Bank, Payment Service to be provided, means of communications with the Bank, the Payment Services Contract in question, as well as Bank’s and Qualified Client’s duties and liability, to the extent required by the Payments Act.

  • The Bank shall be entitled to charge a fee for terminating the Payment Services Contract as per the Tariff of Fees in case that the Client has terminated the Payment Services Contract pursuant to this Article and, consequently, the Contract shall be terminated sooner than 12 months from the date of its execution.18.2Termination of the Contract by Clients other than Qualified Clients.

  • Upon termination of the Basic Payment Services Contract the Customer, being a Consumer, shall pay service fees only until the termination of the relevant contract, having regard to the actual expenses borne by the Bank until the termination of the said contract.

  • The Client who is not a Client – Consumer shall be entitled to terminate a Payment Services Contract entered into for an indefinite period at any time.

  • By accepting the Payment Services Contract, the Client – Consumer shall further confirm that he/she has received, well in advance of entering into the Payment Services Contract, information on the Bank, Payment Service to be provided, means of communications with the Bank, the Payment Services Contract in question, as well as Bank’s and Client – Consumer’s duties and liability, to the extent required by the Payments Act.

  • The Bank shall be entitled to charge a fee for terminating the Payment Services Contract as per the Tariff of Fees in case that the Client has terminated the Payment Services Contract pursuant to this Article and, consequently, the Contract shall be terminated sooner than 6 months from the date of its execution.18.2Termination of the Contract by Clients other than Qualified Clients.

Related to Payment Services Contract

  • Payment Services means such Services as We provide in relation to payments into and out of Your Account.

  • Management Services Agreement has the meaning set forth in Section 2.1(d).

  • Procurement Services shall refer to a business unit of OGS, formerly known as New York State Procurement (“NYSPro”) and Procurement Services Group (“PSG”).

  • Replacement Services means any services which are substantially similar to any of the Services and which the Customer receives in substitution for any of the Services following the Call Off Expiry Date, whether those services are provided by the Customer internally and/or by any third party;

  • payment service means any business activity set out in Annex I;

  • payment service provider means bodies referred to in Article 1(1) and legal and natural persons benefiting from the waiver under Article 27;

  • Personal services contract means a contract that, by its express terms or as administered, makes the contractor per- sonnel appear to be, in effect, Government employees (see 37.104).

  • Cash Management Services means any cash management or related services including treasury, depository, return items, overdraft, controlled disbursement, merchant store value cards, e-payables services, electronic funds transfer, interstate depository network, automatic clearing house transfer (including the Automated Clearing House processing of electronic funds transfers through the direct Federal Reserve Fedline system) and other customary cash management arrangements.

  • Banking Services Agreement means any agreement entered into by the Borrower or any Subsidiary in connection with Banking Services.

  • payment service user means a natural or legal person making use of a payment service in the capacity of either payer or payee, or both;

  • Development Services “Target Market”; “Investment Areas”; and “Targeted Populations” have the meanings ascribed to such terms in 12 C.F.R. 1805.104.

  • Master Services Agreement means the master services agreement dated as of the date hereof, among the Service Providers, the Partnership, the Holding LP, the Holding Entities and others;

  • Outplacement Services means professional outplacement services determined by the Employer to be suitable to the Executive’s position. The maximum amount that the Employer will pay for such services is set forth on the first page of the Agreement. The outplacement services shall be made available until the earlier of (i) such time as the aggregate cost to the Employer of the outplacement services reaches the maximum amount specified on the first page of the Agreement, and (iii) the date on which the Executive obtains another full-time job. The Employer will not pay the Executive cash in lieu of professional outplacement services.

  • Investment Services means the Investment Services under the Company’s CIF license which can be found in the document “Company Information” on the Website.

  • Settlement Service as defined in Subsection 11.6(b).

  • Replacement Service Provider means any third party service provider appointed to perform the Services by the Purchaser from time to time.

  • Inpatient services means services provided to you as an admitted inpatient in a recognised private or public hospital for treatment that is in an included clinical category, has a Medicare item number allocated and a Medicare benefit is payable.