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Cashless payment definition

Cashless payment means a payment made with a passenger’s payment card, or other means of non-cash payment through the Payment Service Provider “PSP”
Cashless payment means the online payment system through which Parents provide funds for use in the Refectory (breakfast, break, lunch, after school coffee shop) and can pay for Extras. This is currently managed through a system called ParentPay. The online payment system used may be changed from time to time.
Cashless payment means payment received by digital transaction through media such as mobile telephone, mobile application, or computer;]31

Examples of Cashless payment in a sentence

  • The nine elements are:• Core Bus Corridor Infrastructure Works;• Dublin Area Bus Network Redesign;• Transitioning to a new low emissions bus fleet;• State of the art ticketing system;• Cashless payment system;• Simpler fare structure;• New Park and Ride sites in key locations;• New bus livery providing a common style across all operators; and• New bus stops and shelters with better signage and information.

  • Terminology Cashless payment instrument: payment instruments other than banknotes and coins that allow for the transfer of funds, irrespective of the product or technical process used: Operational processes: all related and interacting activities necessary for operating payment instruments.

  • This initiative was centred around 3Cs, which included a Cashless payment ecosystem; a Comprehensive approach spanning education & skill development; and making the village Connected through Wi-Fi. Every adult in the village now has a bank account and seamless access to technology-enabled infrastructure to enable cashless transactions in these accounts either through RuPay cards or mobile phones.

  • The nine elements are:• CBC Infrastructure Works;• Dublin Area Bus Network Redesign;• Transitioning to a new low emissions bus fleet;• State of the art ticketing system;• Cashless payment system;• Simpler fare structure;• New Park and Ride sites in key locations;• New bus livery providing a common style across all operators; and• New bus stops and shelters with better signage and information.

  • Cashless payment was effected by an “oral order of assignment” to transfer bank funds, i.e., payor and payee walked up to the payor’s bank and payor ordered the bank owner or employee to transfer funds to payee’s account.

  • To substantiate cashless payment to the employees, the Successful bidder should provide an affidavit on Rs 100 Non-judicial stamp paper, duly notarized at the time of award of work for making Cashless payment to his employees.

  • Cashless payment through TPA up to Rs. 1 lakh is available under the policy.Source: Pharma Health Newswire Vol 1 No. 5 December 2007 (iv) Group Medical Insurance SchemeThe Group Medi-cliam policy is available to any group/ association/ institution/ corporate body of more than 100 persons provided it has a central administration point.

  • To substantiate cashless payment to the employees, the Successful bidder should provide an affidavit on Rs 100 Non- judicial stamp paper, duly notarized at the time of award of work for making Cashless payment to his employees.

  • Cashless payment is available in eleven car parks by means of card readers installed into the Pay and Display Machines.

  • To substantiate cashless payment to the employees, the Successful bidder should provide an affidavit on Rs 100 Non-judicial stamp paper, duly notarized at the time of award of work formaking Cashless payment to his employees.


More Definitions of Cashless payment

Cashless payment means a payment made with a passenger’s payment card and processed by the PSP. A cashless payment is not a digital payment.
Cashless payment means a payment made with a passenger’s payment card, or other means of non-cash payment that the PSP is approved to offer under Chapter 4, and processed by the PSP. A cashless payment is not a digital payment.
Cashless payment means the use of any medium or method other than cash, including, but not limited to, billing to another telephone number or the use of cards, credit, or debit transfers to purchase
Cashless payment means a payment in Czech or foreign currency conducted through the money institution either in the Czech Republic or from the Czech Republic to another country.
Cashless payment means payment either online, via mobile phone or by means of a credit or debit card (chip and pin) by insertion into the ticket parking meter;

Related to Cashless payment

  • Cashless Exercise Ratio means a fraction, the numerator of which is the excess of the Current Market Value per share of Common Stock on the Exercise Date over the Exercise Price per share as of the Exercise Date and the denominator of which is the Current Market Value per share of the Common Stock on the Exercise Date.

  • Cashless Exercise means a Cashless Exercise as defined in Section 6.3(b)(i).

  • Cash Exchange Payment means with respect to a particular Exchange for which PubCo has elected to make a Cash Exchange Payment in accordance with Section 4.6(a)(ii):

  • Excess Payment means the amount paid by any Guarantor in excess of its Ratable Share of any Obligations; (b) “Ratable Share” shall mean, for any Guarantor in respect of any payment of Obligations, the ratio (expressed as a percentage) as of the date of such payment of Obligations of (i) the amount by which the aggregate present fair salable value of all of its assets and properties exceeds the amount of all debts and liabilities of such Guarantor (including contingent, subordinated, unmatured, and unliquidated liabilities, but excluding the obligations of such Guarantor hereunder) to (ii) the amount by which the aggregate present fair salable value of all assets and other properties of all of the Loan Parties exceeds the amount of all of the debts and liabilities (including contingent, subordinated, unmatured, and unliquidated liabilities, but excluding the obligations of the Loan Parties hereunder) of the Loan Parties; provided, however, that, for purposes of calculating the Ratable Shares of the Guarantors in respect of any payment of Obligations, any Guarantor that became a Guarantor subsequent to the date of any such payment shall be deemed to have been a Guarantor on the date of such payment and the financial information for such Guarantor as of the date such Guarantor became a Guarantor shall be utilized for such Guarantor in connection with such payment; and (c) “Contribution Share” shall mean, for any Guarantor in respect of any Excess Payment made by any other Guarantor, the ratio (expressed as a percentage) as of the date of such Excess Payment of (i) the amount by which the aggregate present fair salable value of all of its assets and properties exceeds the amount of all debts and liabilities of such Guarantor (including contingent, subordinated, unmatured, and unliquidated liabilities, but excluding the obligations of such Guarantor hereunder) to (ii) the amount by which the aggregate present fair salable value of all assets and other properties of the Loan Parties other than the maker of such Excess Payment exceeds the amount of all of the debts and liabilities (including contingent, subordinated, unmatured, and unliquidated liabilities, but excluding the obligations of the Loan Parties) of the Loan Parties other than the maker of such Excess Payment; provided, however, that, for purposes of calculating the Contribution Shares of the Guarantors in respect of any Excess Payment, any Guarantor that became a Guarantor subsequent to the date of any such Excess Payment shall be deemed to have been a Guarantor on the date of such Excess Payment and the financial information for such Guarantor as of the date such Guarantor became a Guarantor shall be utilized for such Guarantor in connection with such Excess Payment. This Section 10.06 shall not be deemed to affect any right of subrogation, indemnity, reimbursement or contribution that any Guarantor may have under Law against the Borrower in respect of any payment of Obligations.

  • Cash Exercise with respect to Warrant Shares; and/or

  • Net Exercise means a Net Exercise as defined in Section 6.3(b)(iii).

  • Progress Payment means a payment by a public agency to a contractor for work in place under the terms of a construction contract.

  • Individual Settlement Payment means the amount payable from the Net

  • Cash Election Amount means the product of the number of Cash Election Shares multiplied by the Cash Election Consideration.

  • Minimum Payment means the amount of minimum payment as stated in the Fee Schedule;

  • Delta Payment means as it is described in this Agreement.

  • Exchange Amount means either the Cash Amount or the REIT Shares Amount, as selected by the General Partner in its sole and absolute discretion pursuant to Section 8.5(b) hereof.

  • Cash Payment has the meaning assigned by Section 2.7(b)(ii).

  • Loss Payment Date has the meaning specified in Section 7.05(a) of the Indenture.

  • Party A Interim Exchange Amount In respect of each Interim Exchange Date, an amount in Dollars equal to the principal amount of the Relevant Notes redeemed on such Interim Exchange Date.

  • Damages Payment Date With respect to the Notes, each Interest Payment Date.

  • Early Termination Payment is defined in Section 4.3(b) of this Agreement.

  • Net Share Settlement Amount For any Settlement Date, an amount equal to the product of (i) the number of Warrants exercised or deemed exercised on the relevant Exercise Date, (ii) the Strike Price Differential for the relevant Valuation Date and (iii) the Warrant Entitlement.

  • Installment Payment means the partial payment of court debt which is divided into portions that are made payable at different times.

  • Cash Election shall have the meaning set forth in Section 3.2.2.

  • Party B Interim Exchange Amount In respect of each Interim Exchange Date, the Sterling equivalent of the Party A Interim Exchange Amount for such Interim Exchange Date converted by reference to the Dollar Currency Exchange Rate.

  • Bonus Payment means a cash payment in an amount equal to the sum of (i) all Excise Taxes payable by the Executive, plus (ii) all additional Excise Taxes and federal or state income taxes to the extent such taxes are imposed in respect of the Bonus Payment, such that the Executive shall be in the same after-tax position and shall have received the same benefits that he would have received if the Excise Taxes had not been imposed. For purposes of calculating any income taxes attributable to the Bonus Payment, the Executive shall be deemed for all purposes to be paying income taxes at the highest marginal federal income tax rate, taking into account any applicable surtaxes and other generally applicable taxes which have the effect of increasing the marginal federal income tax rate and, if applicable, at the highest marginal state income tax rate, to which the Bonus Payment and the Executive are subject. An example of the calculation of the Bonus Payment is set forth below. Assume that the Excise Tax rate is 20%, the highest federal marginal income tax rate is 40% and the Executive is not subject to state income taxes. Further assume that the Executive has received an excess parachute payment in the amount of $200,000, on which $40,000 ($200,000 x 20%) in Excise Taxes are payable. The amount of the required Bonus Payment is thus computed to be $100,000, i.e., the Bonus Payment of $100,000, less additional Excise Taxes on the Bonus Payment of $20,000 (i.e., 20% x $100,000) and income taxes of $40,000 (i.e., 40% x $100,000), yields $40,000, the amount of the Excise Taxes payable in respect of the original excess parachute payment.

  • Automatic Renewal Terms with TIPS Members Certification Regarding "Indemnity" Terms with TIPS Members Certification Regarding "Arbitration" Terms with TIPS Members

  • Option Payment shall have the meaning set forth in Section 3.4.

  • Share Settlement means a number of shares of Class A Common Stock (together with any Corresponding Rights) equal to the number of Redeemed Units.

  • Structured settlement payment rights means rights to receive periodic payments under a structured settlement, whether from the structured settlement obligor or the annuity issuer, where: