$10 Rule definition

$10 Rule means that, in order to transfer money, the absolute value of funds transferred is at least $10. Therefore, if there are only chargebacks for a day, or if the chargeback amount exceeds the settled amount, then the money will be debited from the State bank account as long as the amount is greater than $10. On the other hand, if a total deposit is less than $10, then the money will not transfer to the State bank account until the deposit amount is at least $10.
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Examples of $10 Rule in a sentence

  • The Employee may exercise all or a part of the option exercisable; however, if the Employee chooses to exercise a part of the exercisable option, the Employee must exercise at least ten percent (10%) of the option exercisable at that time ("Minimum 10% Rule").

  • If the Employee meets the Minimum 10% Rule, the Employee may exercise the exercisable option in installments so long as the Employer agrees to such installments.

  • Any discretionary day that is not used, or approved, because of the 10% Rule, by December 31 of the same year will be forfeited.

  • In cases that a customer has delivered the security or has paid funds under the provisions of the preceding paragraph, such delivery of the security or payment of funds shall be deemed to be the delivery of the security to sell or the delivery of the purchase consideration in Rule 10, Rule 11, Paragraphs 1 through 4, or Rule 13, Paragraph 1.

  • It will be the responsibility of the employee to schedule these days based upon the 10% Rule.

  • The Subadviser acknowledges that the Adviser and the Trust may rely on Rule 17a 7, Rule 17a 10, Rule 10f 3, Rule 12d3 1 and Rule 17e 1 under the 1940 Act.

  • The Settlement Agreement strikes a delicate balance between competing goals including, but not limited to, minimizing rate shock and rate volatility for departing load customers, providing fair returns to 10 Rule 12.1(d); see also D.

  • This Charge is governed by and shall be construed in accordance with English law and TMNE hereby irrevocably submits to the jurisdiction of the English courts in relation to any claim or dispute which may arise hereunder and hereby agree for the purpose of Order 10 Rule 3 of the Rules of the Supreme Court of England (or any modification or re-enactment thereof) and in any proceedings in any other jurisdiction that any process may be served on any of them in the manner therein provided.

  • By analogy resigned employees are entitled to ▇▇▇ Section 10 Rule 14 Book 5 of the.

  • The legal fee for the first ten (10) Rule 144 Opinions issued in each calendar year shall be paid by the Purchasers and, with respect to all other Rule 144 Opinions, by the Seller(s) requesting such opinion, in each case prior to the delivery and release of each such opinion to the Guarantor’s transfer agent.

Related to $10 Rule

  • ▇▇▇▇▇▇▇ Rule means Section 13 of the U.S. Bank Holding Company Act of 1956, as amended, and the applicable rules and regulations thereunder.

  • SEC Rule means Rule 15c2-12 adopted by the Securities and Exchange Commission under the Securities Exchange Act of 1934.

  • Security Rule means the Security Standards for the Protection of Electronic Protected Health Information at 45 C.F.R. part 160 and part 164, subpart A and C.

  • Rule 15c2-12 means Rule 15c2-12 under the Securities Exchange Act of 1934, as amended through the date of this Undertaking, including any official interpretations thereof.

  • HIPAA Privacy Rule means the regulations promulgated under HIPAA by the United States Department of Health and Human Services to protect the privacy of Protected Health Information, including, but not limited to, 45 CFR Part 160 and 45 CFR Part 164, Subpart A and Subpart E.