Transaction Business definition

Transaction Business means a commercial establishment's solicitations to rent motor vehicles via the printed or telecommunications media, or delivery of motor vehicles for rent, or obtaining of signed rental agreements, or arrangements for or obligation of payment for rental of a motor vehicle.
Sample 1Sample 2Sample 3
Transaction Business is a business engaged in the processing or facilitating the processing of transactions of the following types: reimbursement, indemnity or other payment claims by and among physicians, hospitals, health maintenance organizations, governmental entities and other providers, pharmacies and payors, as well as related transactions, including, without limitation, eligibility, adjudication, refusals and formulary checks, irrespective of the manner, mode, communications method or platform through which such business is conducted from time to time which generated during the last full fiscal year more than $100,000,000 in gross revenues from the operations of the Transaction Business.
Sample 1Sample 2
Transaction Business refers to the business of processing or facilitating the processing of transactions, of the following type: reimbursement, indemnity, or payment or other related claims or encounters by and among physicians, hospitals, health maintenance organizations, governmental entities, and other providers, pharmacies, and payors, as well as eligibility, adjudication, referrals, formulary checks, and similar transactions, irrespective of the manner, mode, communications method or platform through which such business is conducted from time to time, and giving effect to evolutionary or other developments in the scope of and manner in which such 3 5 business generally is conducted going forward. Without limiting the foregoing, the term "Transaction Business" includes the business conducted as of the date of this Agreement (and evolutions thereof) by Envoy and by Healtheon's Affiliate MedeAmerica, Inc.
Sample 1

Examples of Transaction Business in a sentence

  • The amount of commission for the broker is an amount less than the upper limit (3% of the anticipated acquisition price plus 60,000 yen (excluding consumption taxes) stipulated in the Building Lots and Buildings Transaction Business Act).

  • Any resulting payment shall be due and payable two Transaction Business Days following the giving of a notice that such amount is due and payable.

  • When an Intermediary newly conducts consignment of transactions under its own name, the Intermediary shall submit to the Broker Member, in advance, a document certifying the existence of the relevant license for the Intermediary to engage in the Commodity Futures Transaction Business pursuant to Article 190.1 of the Act.

  • Matching Information Notification Deadline: In respect of a Restructuring Cleared Transaction, 9.00 a.m. on the first day of the CEN Triggering Period, provided that the Matching Information Notification Deadline shall fall no earlier than the fifth Transaction Business Day following the relevant DC Credit Event Announcement.

  • Notices received after 3.30 p.m. will be deemed received on the next following Transaction Business Day, unless LCH SA agrees otherwise.

  • The relevant Matched Seller shall notify LCH SA that Delivery has occurred by 5.30 p.m. on the Transaction Business Day on which Matched Seller receives Delivery of the relevant Non-DVP Obligations.

  • The relevant Matched Buyer shall notify LCH SA that it is ready to Deliver the relevant Non-DVP Obligation at or prior to 5.30 p.m. on the Transaction Business Day prior to the date on which Delivery is scheduled to occur.

  • The relevant Matched Seller shall pay to LCH SA the amount(s) so requested on or prior to 9.00 a.m. on the Transaction Business Day immediately following the date on which the relevant Matched Buyer notified LCH SA of its readiness to Deliver provided that the request for payment has been made in a timely manner as set out above.

  • LCH SA shall notify the relevant Matched Seller at or prior to 6.30 p.m. on the Transaction Business Day prior to the date on which Delivery is scheduled to occur that it is obligated to pay LCH SA the amount of the relevant Physical Settlement Amount corresponding to the Outstanding Amount of such Non-DVP Obligation and any amounts in respect of expenses notified by the relevant Matched Buyer before 9.00 a.m. on the following Transaction Business Day.

  • LCH SA shall notify the relevant Matched Buyer that it has received payment at or prior to 5.30 p.m. on the Transaction Business Day in which LCH SA receives payment, provided that payment is received by LCH SA at or prior to 9.00 a.m. on such Transaction Business Day as set out above.

Related to Transaction Business

  • Parent Business has the meaning set forth in the Separation and Distribution Agreement.

  • Micro Business means a company which either:

  • Related Business Assets means assets (other than cash or Cash Equivalents) used or useful in a Similar Business; provided that any assets received by the Issuer or a Restricted Subsidiary in exchange for assets transferred by the Issuer or a Restricted Subsidiary shall not be deemed to be Related Business Assets if they consist of securities of a Person, unless upon receipt of the securities of such Person, such Person would become a Restricted Subsidiary.

  • Distribution Business means the business of operating and maintaining a distribution system for supplying electricity in the area of supply of the Distribution Licensee;

  • Excluded Businesses means Business types which are excluded from application for an Inter-Community Business Licence and includes those Business types referred to in Schedule “A”.

  • the Business means the usual work and activities carried on by the Insured pertaining to his business as specified in the Schedule and no others.

  • Subject Business means the policy or policies that are the subject of the Insurance Business Transfer Plan.

  • Qualified business means a for-profit business that obtains services relating to that business from 30 or fewer employees or employees of independent contractors performing services substantially similar to employees during a random week in the year ending on the tax day. If a person is a unified business group as that term is defined in section 117 of the Michigan business tax act, 2007 PA 36, MCL 208.1117, the number of employees from whom services are obtained includes all employees of the unitary business group and employees of independent contractors of the unitary business group rendering services to the qualified business.

  • Foreign business entity means a foreign limited liability company, as defined in s. 183.0102 (8), a foreign partnership, as defined in s. 178.0102 (6), a foreign limited partnership, as defined in s. 179.01 (4), a foreign corporation, as defined in s. 180.0103 (9), or a foreign corporation, as defined in s. 181.0103 (13).

  • Public business means and includes all matters which relate in any way, directly or indirectly, to the performance of the public body’s functions or the conduct of its business.

  • Group Business Entity means;

  • food business means any undertaking, whether for profit or not and whether public or private, carrying out any of the activities related to any stage of production, processing and distribution of food;