Common use of Rules for tipping Clause in Contracts

Rules for tipping. 1.1. Based on the Company’s application, the Bank will activate for the Company a gratuities/tipping feature on its POS terminal, which will allow the following: 1.1.1. If the Client is willing to leave a tip for the Company’s employee(s), when paying service charges at the Company’s POS terminal, the Client can confirm his/her intention to pay a tip, after which he/she can enter the sum on the POS machine and confirm the payment of both the service charge and the tip; 1.2. When the Client pays both the service charge and the tip through a cashless transaction (at a POS terminal), the sales slip/receipt will feature the sum total of the service charge and the tip as well as the two sums separately. 1.3. The Bank’s fee (at the rate set by the Bank/ agreed between the Bank and the Company) will be deducted from the total of the service charge and the tip. Out of the remaining amount, the Bank will transfer the service charge to the Company’s account and the gratuities/tips to the Manager Account(s) for gratuities/tips indicated in the Company’s respective application, in line with Subparagraph 2.1.1.2 of General Provisions of the POS Terminal Agreement.

Appears in 6 contracts

Samples: Pos Terminal Agreement, Pos Terminal Agreement, Pos Terminal Agreement

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Rules for tipping. 1.1. 2.1 Based on the Company’s application/request, the Bank will activate for the Company a gratuities/tipping feature on its POS terminal, which will allow the following: 1.1.1. 2.1.1 If the Client is willing to leave a tip for the Company’s employee(s), when paying service charges at the Company’s POS terminal, the Client can confirm his/her intention to pay a tip, after which he/she can enter the sum on the POS machine and confirm the payment of both the service charge and the tip; 1.2. 2.2 When the Client pays both the service charge and the tip through a cashless transaction (at a POS terminal), the sales slip/receipt will feature the sum total of the service charge and the tip as well as the two sums separately. 1.3. 2.3 The Bank’s fee (at the rate set by the Bank/ agreed between the Bank and the Company) will be deducted from the total of the service charge and the tip. Out of the remaining amount, the Bank will transfer the service charge to the Company’s account and the gratuities/tips to the Manager Account(s) for gratuities/tips indicated in the Company’s respective application/request, in line with Subparagraph 2.1.1.2 of General Provisions of the POS Terminal Agreement.

Appears in 2 contracts

Samples: Pos Terminal Agreement, Pos Terminal Service Agreement

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