Toll Transaction definition

Toll Transaction means an electronic record of a toll and a related set of contemporaneous video images are properly transmitted to a CSC Host respecting a vehicle that passes through a tolling gantry on a Toll Lane on the Project, including a Transponder Transaction or a Video Transaction. Whether a Toll Transaction is a Transponder Transaction or a Video Transaction will be determined by the CSC Host based on the disposition of the Toll Transaction at the time of the settlement of funds for the Toll Transaction.
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Toll Transaction means a record of activity created by the toll collection system as a result of a vehicle traveling through a tolling point.
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Toll Transaction means an action or sequence of actions in which a toll declaration is passed to the Toll Charger;
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Examples of Toll Transaction in a sentence

  • For so long as the TxDOT Tolling Services Agreement is in effect, the terms thereof shall govern the remittance to Developer of Toll Transaction payments in respect thereof collected by TxDOT.

  • Such policy shall ensure Back-up & Restore of Toll Transaction data at least once in a week.

  • The Service provider shall ensure adequate security measure for safe guarding of Toll Transaction data, by providing, off site Disaster recovery or Data Storage mechanism.

  • By the termination of the Contract on the Use of Specified Road Sections also the Contract on the Provision of the On-Board Unit in the section which relates to the OBU on which no Toll Transaction was recorded for the period of 6 months shall be terminated.

  • The Contract on the Use of Specified Road Sections shall also be terminated with the expiration of 6 months after the day of recording the last Toll Transaction by the OBU assigned to the Vehicle and by a written notice of termination by one of the parties.

  • If based on the Contract on the Use of Specified Road Sections, the Vehicle Operator uses Specified Road Sections by several of its Vehicles, the Contract on the Use of Specified Road Sections is terminated with the expiry of 6 months after the day of recording the last toll transaction by the OBU only in the section related to the Vehicle whose OBU assigned to it within the Electronic Toll Collection System did not record any Toll Transaction.

  • The first Toll Transaction within a vehicle's trip within Phase 1 shall be at the first Tolling Point crossed by the vehicle.

  • The last Toll Transaction of a vehicle's trip shall be at the last Tolling Point crossed by the vehicle.

  • By performing a Transaction in the Belgian Toll Domain, the Client instructs tolltickets to settle the respective Toll Transaction Record at the Toll Chargers.

  • The Tolling Zone Controller shall be designed to control, communicate with, and integrate the operation of, at a minimum, the following components and/or subsystems: • Toll Transaction Computer (TTC); • ETC subsystem; • Vehicle Detection System; and • Enforcement Agent Personal Digital Assistant (PDA) over 802.11x wireless LAN.


More Definitions of Toll Transaction

Toll Transaction means an electronic record of a toll and a related set of contemporaneous vehicle images representing a vehicle that passes through a specific Tolling Point on a Priced Managed Lane on the Section. Toll Transactions may be either a Transponder Transaction or an Image-Based Transaction.
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Toll Transaction has the meaning set forth in Exhibit 10.
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Toll Transaction means a record of activity created by the Toll System and sent to the CSC as a result of a vehicle traveling through a Toll Zone.
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Toll Transaction means a record of activity created by the toll
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Related to Toll Transaction

  • Overall Transaction means all the transactions contemplated by the Operative Documents.

  • Retail transaction means the purchase of prepaid wireless telecommunications service from a seller for any purpose other than resale.

  • Factoring Transaction means any transaction or series of transactions that may be entered into by the Issuer or any Restricted Subsidiary pursuant to which the Issuer or such Restricted Subsidiary may sell, convey, assign or otherwise transfer Receivables Assets (which may include a backup or precautionary grant of security interest in such Receivables Assets so sold, conveyed, assigned or otherwise transferred or purported to be so sold, conveyed, assigned or otherwise transferred) to any Person that is not a Restricted Subsidiary; provided that any such Person that is a Subsidiary meets the qualifications in clauses (1) through (3) of the definition of “Receivables Subsidiary.”

  • Roll-Up Transaction means a transaction involving the acquisition, merger, conversion or consolidation either directly or indirectly of the Company and the issuance of securities of a Roll-Up Entity to the holders of Common Shares. Such term does not include:

  • MFN Transaction means a transaction in which the Company issues or sells any securities in a capital raising transaction or series of related transactions which grants to an investor the right to receive additional shares based upon future transactions of the Company on terms more favorable than those granted to such investor in such offering.

  • Principal Transaction means any transaction between the Sponsor, the Manager or any of their respective Affiliates, on the one hand, and the Company or one of its Subsidiaries, on the other hand.

  • Pawn transaction means the same as that term is defined in Section 13-32a-102.

  • SPAC Transaction means a transaction or series of related transactions by merger, consolidation, share exchange or otherwise of the Company with a publicly traded “special purpose acquisition company” or its subsidiary (collectively, a “SPAC”), immediately following the consummation of which the common stock or share capital of the SPAC or its successor entity is listed on the Nasdaq Stock Market, the New York Stock Exchange or another exchange or marketplace approved by the Board of Directors, including a majority of the Preferred Directors.

  • Restructuring Transaction means a tax free distribution under section 355 of the internal revenue code and includes tax free transactions under section 355 of the internal revenue code that are commonly referred to as spin offs, split ups, split offs, or type D reorganizations.

  • Material Transaction means any material transaction in which the Company or any of its subsidiaries proposes to engage or is engaged, including a material purchase or sale of assets or securities, financing, merger, consolidation, tender offer or any other material transaction that would require disclosure pursuant to the Exchange Act, and with respect to which the board of directors of the Company reasonably has determined in good faith that compliance with this Agreement may reasonably be expected to either materially interfere with the Company’s or such subsidiary’s ability to consummate such transaction in a timely fashion or require the Company to disclose material, non-public information prior to such time as it would otherwise be required to be disclosed.

  • M&A Transaction means (a) a transaction in which all or substantially all of the assets to which the subject matter of this Agreement relates are acquired by or assigned to party that is not an Affiliate, or (b) a sale of all or substantially all of the share capital of BioLine (or its Affiliates), (c) the merger of BioLine (or its Affiliates) with any other entity, or any other similar corporate action, except an internal reorganization of BioLine (or its Affiliates) for tax-related reasons otherwise.

  • Restructuring Transactions means the transactions described in Article IV.B of the Plan.

  • Hedging Transaction means any short sale (whether or not against the box) or any purchase, sale or grant of any right (including, without limitation, any put or call option) with respect to any security (other than a broad-based market basket or index) that includes, relates to or derives any significant part of its value from the Common Stock.

  • Qualifying Transaction means a transaction where a CPC acquires Significant Assets, other than cash, by way of purchase, amalgamation, merger or arrangement with another Company or by other means.

  • Equity Transaction means, with respect to any member of the Consolidated Parties, any issuance or sale of shares of its Capital Stock, other than an issuance (a) to a Consolidated Party, (b) in connection with a conversion of debt securities to equity, (c) in connection with the exercise by a present or former employee, officer or director under a stock incentive plan, stock option plan or other equity-based compensation plan or arrangement, or (d) in connection with any acquisition permitted hereunder.

  • Purchase Transaction means a purchase of scrap metal, or the purchase of property described in section 10 if the knowing purchase or offer to purchase that property is not prohibited by that section, by a scrap metal dealer. The term does not include any of the following:

  • Permitted Convertible Indebtedness Call Transaction means any Permitted Bond Hedge Transaction and any Permitted Warrant Transaction.

  • Hedge Transaction means each interest rate swap, index rate swap or interest rate cap transaction or comparable derivative arrangement between the Borrower and a Hedge Counterparty that is entered into pursuant to Section 10.6 and is governed by a Hedging Agreement.

  • Package Transaction means a transaction involving two or more instruments:

  • Void Transaction means any transaction wherein the transaction has taken place but has been cancelled /rejected /unsuccessful by the Alliance Partner.

  • Closing Transactions has the meaning set forth in Section 11.8(a) of these Bylaws.

  • Debt Purchase Transaction means, in relation to a person, a transaction where such person:

  • Variable Rate Transaction shall have the meaning ascribed to such term in Section 4.12(b).

  • Subsequent Placement means the sale, grant of any option to purchase, or other disposition of by the Company, directly or indirectly, of any of the Company’s or its Subsidiaries’ equity or equity equivalent securities, including, without limitation, any Convertible Securities, Options, preferred stock or other instrument or security that is, at any time during its life and under any circumstances, convertible into or exchangeable or exercisable for Common Stock or Convertible Securities or Options.

  • FICASH II Transaction means a repurchase transaction in which the Repurchase Date is the Banking Day next following the Sale Date and for which one or more of the following two categories of securities, as specified by the Funds, shall constitute Eligible Securities: (x) securities issued by the government of the United States of America that are direct obligations of the government of the United States of America, or (y) securities issued by or guaranteed as to principal and interest by the government of the United States of America, or by its agencies and/or instrumentalities, including, but not limited to, the Federal Home Loan Bank, Federal Home Loan Mortgage Corp., Government National Mortgage Association, Federal National Mortgage Association, Federal Farm Credit Bank, Federal Intermediate Credit Bank, Banks for Cooperatives, and Federal Land Banks.

  • Recurring Transaction means a regular payment collected from your Card by an originator, in line with your instruction.