Cash in Transit definition

Cash in Transit means all forms of monies as defined in these regulations being remitted or transferred from one office or place to another;

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Cash in Transit means, as of any date of determination, the aggregate amount of receivables of the Company and its Subsidiaries from payment processors (for debit card collections and other sources).

Cash in Transit means cash, cheques, postal orders, money orders and other negotiable documents of value being remitted or transferred from one office or place to another;

Examples of Cash in Transit in a sentence

The following equation may be used to calculate projected immediate needs for Advance Payment: Anticipated Disbursements minus Balance of Cash on Hand minus Anticipated Recoveries minus ACH/EFT Cash in Transit In the FSEOG Program, a school must time its drawdowns to coincide with the date it expects to disburse FSEOG funds to students.
All other references to shift work should be derived from the Transport (Cash in Transit) Award 2010.
Cash in Transit (CIT) Item Processing: A CIT item is a lockbox receipt for which the automated process is unable to match with a customer invoice in SAP.
During the second week of December, up to and including the first week of January, there shall be no more than for Calgary and Edmonton, three (3) Cash in Transit and one inplant employee per week off on vacation; for Manitoba, two (2) and one inplant employee per week off on vacation; in Saskatchewan one (I) and one employee per week off on vacation.
Myanma insurance market came into being in 2013 with 11 private insurance companies being granted licenses by the Insurance Business Regulatory Board (IBRB) to write both life and non-life insurances such as Endownment Life, Fire, Comprehensive Motor, Cash in Safe, Cash in Transit, Fidelity Guarantee, Marine Cargo, Health, Snake Bite, Sportsman Life, Special Travel and Group Life.

More Definitions of Cash in Transit

Cash in Transit means the collection, delivery or transportation of Physical Cash;

Cash in Transit means the transport of cash.

Cash in Transit means the collection, delivery or transportation of Physical Cash; “Cash Pool Facility” has the meaning given in Clause 5.2.4;

Cash in Transit means cash held by title insurance companies, approved by the Agent, which meets all of the following: (i) is held by the approved title insurance company in a trust account and is unconditionally allocated for immediate payment to the Borrower; (ii) derives from Net Collateral Proceeds and Net Inventory Proceeds from other than Existing Permitted Construction Projects; (iii) will be wire transferred to the General Cash Collateral Account within three (3) Business Days of receipt by the title insurance company; (iv) is described on a report by the title insurance company in favor of the Agent which describes the matters set forth in (i) through (iii); and (v) is directed by the Borrower for payment to the General Cash Collateral Account.

Cash in Transit means any asset on the Company's balance sheet representing money due for the sale of manufactured homes for which a financing commitment has been obtained (which commitment provides for a closing and funding not more than 60 days after the date of such commitment) and a down payment has been received by the Company from the purchaser thereof.

Cash in Transit means proceeds due to Borrower on account of credit cards sales made within fifteen (15) days of any current reporting period.

Cash in Transit. All cash or coins (or funds in deposit accounts traceable to or resulting from such cash or coins) that are (a) located inside a Coinstar Unit, (b) in transit between a Coinstar Unit and a coin processing center, or (c) located at a coin processing center of Borrower.