Pay-out definition

Pay-out means a payment transaction whereby dLocal disburses money in local currency to the business partners or customers of dLocal’s merchant customers.

Pay-out means a payment made by Clearing Corporation to Member in accordance with the “pay-in schedule”.

Pay-out means the number of credits won by a player in a video game, whether used to play additional games or collected on a ticket voucher, in proportion to the amount of cash and credit wagered.

More Definitions of Pay-out

Pay-out means a payment made by Clearing Corporation to Member in accordancewith the “pay-in schedule”.

Pay-out means the amount, which the Company has to pay out or has already paid out in respect to an accepted Bet or Stake on a relevant Betting Event as would be verified by the Company;

Pay-out means release of funds by the Clearing and Settlement Department to the Member, who is entitled to receive to the extent of and upon their fulfilling their pay‐in obligations, in accordance with the schedule prescribed by the Exchange.

Pay-out has the meaning ascribed thereto in Section 2.8;

Pay-out has the meaning as ascribed thereto in Section 4.1.3.

Pay-out means release of funds by the clearing department to the Member of the Exchange who is entitled to receive to the extent of and upon their fulfilling their pay‐in obligations into the clearing department, in accordance with the applicable settlement schedule notified by the Exchange from time to time.

Pay-out means: 1. Money, tokens, credit to a player's account, and the actual cost to the Tribe's Casino operation of personal property, other than travel expenses, food, refreshments, lodging, or services, distributed to a player as the result of a legitimate wager; and 2. Cash Paid directly to an independent financial institution by the Tribe's Casino operations for the purchase of an annuity designed to pay a player's winnings over several years.