Video Transaction definition

Video Transaction means each electronic record of a toll and set of contemporaneous video images of license plates and other video data (as required by the ICD) that are properly transmitted to TxDOT’s CSC Host in accordance with the ICD (including where the transmission is not received due to problems, downtime or other malfunction of TxDOT’s CSC Host) respecting (a) a Candidate Vehicle under subsection (b) of the definition of Candidate Vehicle that passes through a toll lane on the Facility or (b) a vehicle that passes through a toll lane on the Facility and is equipped with a transponder that is (i) issued by a Transponder Issuer and (ii) associated with an account not closed at the time of transmission but having an insufficient account balance at the time of debit and re-debits to pay in full the applicable toll rate. Attachment 2 Performance Standards and Non-Compliance Points Performance Standard Std. Points
Video Transaction means each electronic record of a toll and set of contemporaneous video images that are properly transmitted to a CSC Host respecting a vehicle that passes through a toll lane on the Project and (a) is not equipped with a transponder issued by a Transponder Issuer, or (b) is equipped with such a transponder but the account associated with the transponder either (i) is closed or (ii) has an insufficient balance at the times of debit and re-debits as provided in Exhibit 10 to pay in full the applicable Transponder Transaction toll rate. A Video Transaction also means each electronic record of a toll and set of contemporaneous video images as set forth in Exhibit 10.
Video Transaction means each electronic record of a toll and set of contemporaneous video images of license plates and other video data (as required by the ICD) that are properly transmitted to TxDOT’s CSC Host in accordance with the ICD (including where the transmission is not received due to problems, downtime or other malfunction of TxDOT’s CSC Host) respecting (a) a Candidate Vehicle under subsection (b) of the definition of Candidate Vehicle that passes through a toll lane on the Facility, (b) a vehicle that passes through a toll lane on the Facility and is equipped with a transponder that is (i) issued by a Transponder Issuer and (ii) associated with an account not closed at the time of transmission but having an insufficient account balance at the time of debit and re-debits to pay in full the applicable toll rate, or (c) a vehicle that passes through a toll lane on the Facility and is equipped with a transponder that is issued by a Transponder Issuer other than TxDOT but the Transponder Issuer for any reason fails to transmit to TxDOT the full toll for the Transaction by the deadline by which it is obligated to do so under its interoperability protocols and agreements with TxDOT. Attachment 2 Performance Standards and Non-Compliance Points Performance Standard Std. Points

Examples of Video Transaction in a sentence

  • For the avoidance of doubt, if Xxxxxxxxx states a toll charge for a Transponder Transaction or a Video Transaction different from the toll charge for the User Classification associated with the applicable customer account, TxDOT shall charge the toll charge as indicated by Developer.


More Definitions of Video Transaction

Video Transaction means each electronic record of a toll and set of contemporaneous video images of license plates and other video data (as required by the ICD) that are properly transmitted to NTTA’s back office in accordance with the ICD respecting (a) a vehicle that passes through a toll lane on a Project and is not equipped with a working transponder issued by a Transponder Issuer but for which TxDOT transmits to NTTA’s back office (i) a Readable Video Image of a license plate that bears a serialized or personalized plate number and means to identify the issuing jurisdiction, which in the case of a vehicle with a trailer (including a truck with a trailer) must be the front license plate, and (ii) video data as required by the ICD; or (b) a vehicle that passes through a toll lane on a Project and is equipped with a transponder that is (i) issued by a Transponder Issuer and (ii) associated with an account not closed at the time of transmission but having an insufficient account balance at the times of debit and re-debits to pay in full the applicable Transponder Transaction toll rate.
Video Transaction means, whether effected directly or indirectly, in one transaction or in a series or combination of transactions, the purchase or acquisition by, or the transfer to, a third party unaffiliated with Harmonic Inc., of all or substantially all of the assets, properties or businesses of either (i) the Company’s Video business operating segment (comprising the SaaS business (“SaaS Business”) and the appliance business) (together, the “Video Business”) or (ii) the SaaS Business, that occurs on or before December 31, 2024 (the “Video Transaction Deadline Date”). The determination of whether a Video Transaction has occurred shall be determined by Harmonic Inc.’s Board of Directors, in its sole discretion.

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