Agent Float definition

Agent Float means all the information relating to the monies paid into the Agent’s banking accounts or Transaction Eco-Cash Account facilities, or any held with the SEFS Approved applications in respect Bank for Eco-Cash thereof, of such clients Transactions. and/or customers) and facilities of the SEFS and the “Applicable Laws” shall include Agent, without limitation the Lesotho Communications 2.1.5.2 agreements to which the Authority Act N0.5/2000 (as Operator or its clients is a amended), the Trading party and any information Enterprises Order relating to such subscribers No.11/.19993 Laws, or customers which is Applicable Financial deemed confidential in Institutions Guidelines terms of the Lesotho including any Guidelines Telecommunication issued by Standard Lesotho Authority Act No. 12 of Bank from time to time, 2012 as amended Income Tax Act No.9/1993 (as amended), the Companies Act 2.1.5.2.1 becomes available from a source No.18 / 2011 (as amended).
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Agent Float means the total amount of e-money that an Agent has in their mobile money account on the TeleCash Transfer and Payment System.
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Examples of Agent Float in a sentence

  • Upon receipt of any such notice from the Agent, Float shall thereafter hold in trust for the Agent all amounts and proceeds received by it with respect to the Receivables and Other Collateral and immediately and at all times thereafter deliver to the Agent all such amounts and proceeds in the same form as so received, whether by cash, check, draft or otherwise, with any necessary endorsements.

  • The transaction fees payable to Mobile Network for transactions effected in respect of your access to the Facility from time to time will apply to any transactions effected in respect of the Agent Float Financing Facility using the Mobile banking System.

  • Failure to provide such information within the time required by the Bank and Telecom may result in the Bank and T e l e c o m declining to accept your application for KCB/AIRTEL Agent Float financing.

Related to Agent Float

  • Auction Agent Fee has the meaning set forth in the Auction Agent Agreement.

  • Collection Agent Fee has the meaning specified in Section 6.03.

  • Agent Fee Letter means that certain Agent Fee Letter, dated as of June 18, 2015, by and among the Borrower and the Administrative Agent.

  • Agent Fees shall have the meaning assigned to such term in Section 2.05(b).

  • Collateral Agent Fee means the fee payable to the Collateral Agent in arrears on each Quarterly Payment Date in an amount specified in the Collateral Agent Fee Letter.