FLOOR LIMITS Sample Clauses

FLOOR LIMITS. 5.1 The Floor Limit applicable to all transactions is zero. All transactions require prior authorisation from a bank by way of the Electronic Authorisation Function prior to You permitting the Cardholder to spend on a Card.
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FLOOR LIMITS. 5.1 The authorised floor limits at each place of business of the Merchant shall be advised to the merchant by the Bank. 5.2 The Bank shall have the right to vary such floor limits from time to time by giving the Merchant notice in writing of such amendment. 5.3 The Bank shall have the right to vary the floor limits at any time by giving the Merchant written notice, should the Merchant commit a breach of any material provision of this agreement.
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FLOOR LIMITS. Notwithstanding any provision to the contrary herein or in the Operating Procedures, to the extent allowed under Applicable Law, Stage may consummate Purchases in amounts up to $100.00, or such other limit mutually agreed by the parties, during any period during which the Bank's authorization systems are interrupted or not operational for purposes of receiving or providing transaction authorization or the telecommunications infrastructure between Bank and Stage is not functioning. If losses arising out of floor limit transactions materially exceed the aggregate loss rates for the Plan, the Plan Committee shall discuss adjustments to the floor limits to attempt to mitigate losses arising out of such transactions.
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FLOOR LIMITS. (a) A floor limit is an amount below which you do not need an authorisation for Credit Card Transactions (Floor Limit) from us. Your Floor Limit for EFTPOS Debit Card Transactions and Alternative Payment Transactions is always zero; that is, you may only ever perform EFTPOS Debit Card Transactions and Alternative Payment Transactions online when the POS Terminal and System are operating. (b) If we approve you for a non-zero Floor Limit in writing, you may perform manual Credit Card Transactions when the POS Terminal is inoperable or the System is unavailable up to the Floor Limit without obtaining an authorisation. You can then complete those transactions on the POS Terminal when the POS Terminal and System are operating in order that they be settled. (c) You must use the Manual Credit Card Imprinter to take a manual imprint of the Card and obtain the Cardholder’s signature when performing approved Credit Card Transactions under the Floor Limit. (d) You are not eligible for a Floor Limit unless we approve you in writing. When the POS Terminal and System are operating normally, you must perform all Card Transactions via the POS Terminal online and obtain an approval authorisation code for every transaction during normal operation. Your POS Terminal automatically authorises every Card Transaction online. (e) If the POS Terminal or System is inoperable and you are not approved for a Floor Limit, you must use our down-time processing service to perform pre-authorisation or Credit Card Transactions, or wait until the POS Terminal and/or System operation is restored before performing Credit Card or EFTPOS Debit Card Transactions.
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FLOOR LIMITS. A zero Floor Limit will apply and the Merchant must get authorisation for all of the Merchant’s Transactions.
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FLOOR LIMITS. 4.1. DNAP may from time to time notify the Merchant of a monetary limit: 4.1.1. on the aggregate value of one or more Transactions in respect of any specified period (Trading Limit); and/or 4.1.2. in respect of a single Card Transaction or series of connected Card Transactions (including Contactless Transactions) up to which the Merchant may complete sales without obtaining Authorisation (Floor Limit).
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Related to FLOOR LIMITS

  • Coverage Minimum Limits Commercial General Liability $1,000,000 per occurrence $2,000,000 aggregate Automobile Liability including coverage for owned, non-owned and hired vehicles $1,000,000 per occurrence

  • Minimum Limits The minimum limits to be maintained by the School (inclusive of any amounts provided by an umbrella or excess policy) shall be $1 million per occurrence/$3 million annual aggregate.

  • Dollar Limits Per Service Agreement Cost to diagnose, repair and/or replace - Per covered appliance $3,000

  • Guests; Occupancy Limits No more than one person may occupy a bedroom space, except for minor children for whom the Resident is the parent or legal guardian with Owner’s consent and with consent of apartment-mates as applicable . If Resident desires to have an Overnight Guest (any person staying in the Resident’s assigned bedroom space or apartment for more than three total nights in any 30-day period), then Resident must register the Overnight Guest(s) with Owner. Resident may not have Overnight Guest(s) for more than three consecutive nights, nor for more than six total nights in any 30-day period. In the event any unregistered or unauthorized Overnight Guest(s) are identified to be in or using an apartment or bedroom space, Owner may assess against the Resident a fee of $60 per night, in addition to the right of Owner to declare Resident in material breach of this Agreement and pursue other available remedies. Although Resident may have Guests from time to time, Owner reserves the right to restrict the number of persons permitted in or about an apartment at any time in Owner’s discretion, to protect safety and the quiet enjoyment of other residents. Guests may park only in designated guest parking areas, if any, and no Guest’s vehicle may remain at the Property for more than three days.

  • Xxxxxx Limitation The Service reserves the right to refuse to pay any Xxxxxx to whom you may direct a payment. As required by applicable law, the Service will notify you promptly if it decides to refuse to pay a Xxxxxx designated by you. as set forth in Section 13 of the General Terms (Prohibited Payments) or an Exception Payment under this Agreement.

  • Increase in Limits If either Lessor or Lessee at any time deems the limits of the personal injury or property damage under the comprehensive public liability insurance then carried to be either excessive or insufficient, Lessor and Lessee shall endeavor in good faith to agree on the proper and reasonable limits for such insurance to be carried and such insurance shall thereafter be carried with the limits thus agreed on until further change pursuant to the provisions of this Article 13.

  • Ceiling Company and its subcontractors will not affix, attach, or suspend any lighting fixtures, signs, or other fixtures or devices of any kind or nature from the ceiling above any of the Premises without the prior written approval of Authority.

  • General Wage Increases Effective and retroactive to July 1, 2021, the annual base salary shall be increased by 2.5% for all active employees. 2.5% shall be extended and retroactive to employees who retired and terminated/separated in good standing with 10 years or more of state service on or after 07/01/2021. Effective 07/01/2022 the annual base salary shall be increased by 2.5% for all active employees. Effective 07/01/2023 the annual base salary shall be increased by 2.5% for all active employees. **Wage reopener for 2024 – 2025 (for effective date July 1, 2024).

  • Minimum Balance Requirements To be a member and maintain Accounts with Us You must purchase 1 share in the Credit Union. The par value of a share in this Credit Union is $5.00. If the balance in Your primary share Account drops below 1 share ($5.00), at any time, We may, at Our option, close Your Account. Nonsufficient Funds Returns. Any share draft or pre-authorized transfer, or transaction made through the use of a debit card, or other electronic means, as is applicable (including any in-person transaction), that is presented to Us for payment on Your Account when Your Account lacks sufficient collected funds to pay any such item may, at Our option, be returned for nonsufficient funds or We may honor any such item and charge You a fee for doing so. Overdraft Balance Calculation. When processing transactions that debit or credit Your Account, We start each Business Day with Your final Account balance from the preceding Business Day. The final balance takes into account all of the debit and credit transactions that were settled that Business Day pursuant to Our Funds Availability Policy, as well as any other debits or credits to Your Account that were finally settled that day, as described above in the "Deposit of Items" and "Collection and Processing of Items" sections of the Account Agreement. This starting balance at the beginning of a Business Day (the preceding Business Day's final balance) is sometimes referred to as Your "actual balance."

  • Minimum Amounts; Limitation on Number of Borrowings At the commencement of each Interest Period for any Eurodollar Borrowing, such Borrowing shall be in an aggregate amount that is an integral multiple of $1,000,000 and not less than $1,000,000. At the time that each ABR Borrowing is made, such Borrowing shall be in an aggregate amount that is an integral multiple of $1,000,000 and not less than $1,000,000; provided that an ABR Borrowing may be in an aggregate amount that is equal to the entire unused balance of the total Commitments or that is required to finance the reimbursement of an LC Disbursement as contemplated by Section 2.08(e). Borrowings of more than one Type may be outstanding at the same time, provided that there shall not at any time be more than a total of 8 Eurodollar Borrowings outstanding. Notwithstanding any other provision of this Agreement, the Borrower shall not be entitled to request, or to elect to convert or continue, any Borrowing if the Interest Period requested with respect thereto would end after the Maturity Date.

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