Average Ticket definition

Average Ticket is a specific data figure and will be reported in the aggregate, as a simple average.
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Average Ticket. ’ means the average ticket calculated by dividing the total revenue, including VAT, at all stores during the relevant year by the number of tickets in that year.
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Average Ticket means the average dollar amount of Sales Drafts submitted y Merchant. The Average Ticket is computed by dividing the total dollar amount of Sales Drafts received from a Location during a calendar month by the total number of Sales Drafts received from the Location during that same calendar month.
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Examples of Average Ticket in a sentence

  • Merchant acknowledges that any actual, material Monthly Volume or any actual, material Average Ticket Amount in excess of such estimates will cause Service Providers to review Merchant’s file and may result in the delay of transmission of funds and interruption of service.

  • Service Providers may withhold the payment of any amounts otherwise payable hereunder if the actual Monthly Volume and/or Average Ticket Amount materially exceed such estimates.

  • The deposit activity must remain consistent to the “approved” monthly volume and Average Ticket Amount approved on the Merchant Application.

  • Bank may withhold the payment of any amounts otherwise payable hereunder and may terminate this Agreement if the actual Monthly Volume and/or Average Ticket Amount materially exceed such limits.

  • If the Merchant should exceed the “approved” monthly volume or Average Ticket Amount, Merchant acknowledges that additional documentation could be required.

  • Merchant acknowledges that any actual Monthly Volume or any actual Average Ticket Amount in excess of such estimates will cause Cornerstone to review Merchant’s file and that such review may result in delay in transmission of funds and possible interruption or termination of service.

  • This will determine the appropriate Average Ticket amount for each individual member.

  • The deposit activity must remain consistent to the “approved” Monthly Volume and Average Ticket Amount approved on the Merchant Application.

  • Average Ticket $ American Express Discount Rate % Plus: $ Per Transaction Visa®, MasterCard®, Discover® & PayPalTM Prepaid Apply for Amex Reverse PIP CAP # t N .

  • The Average Ticket will then be compared to the variable rate table set forth in the Schedule of Fees and Charges to determine the processing fee rate and per item fee for the Location for that month.

Related to Average Ticket

  • Average Daily Flow means the cumulative total sewage flow to the sewage works during a calendar year divided by the number of days during which sewage was flowing to the sewage works that year;

  • Average weekly discharge limitation means the highest allowable average of "daily discharges'' over a calendar week, calculated as the sum of all "daily discharges'' measured during a calendar week divided by the number of "daily discharges'' measured during that week. Each of the following 7-day periods is defined as a calendar week: Week 1 is Days 1 - 7 of the month; Week 2 is Days 8 - 14; Week 3 is Days 15 - 21; and Week 4 is Days 22 - 28. If the "daily discharge" on days 29, 30 or 31 exceeds the "average weekly" discharge limitation, Ohio EPA may elect to evaluate the last 7 days of the month as Week 4 instead of Days 22 - 28. Compliance with fecal coliform bacteria or E coli bacteria limitations shall be determined using the geometric mean.

  • Average Wholesale Price or “AWP” means the benchmark price established by a nationally available reporting service as selected by SOUTHERN SCRIPTS based on the 11-digit National Drug Code (“NDC”) of the Covered Medication dispensed by PHARMACY.

  • Average Trading Price means, with respect to any period, the average of the Market Prices on the last trading day of each full or partial calendar quarter included within such period.

  • Volume Weighted Average Price means, for any security as of any date, the daily dollar volume-weighted average price for such security on the Primary Market as reported by Bloomberg through its “Historical Prices – Px Table with Average Daily Volume” functions, or, if no dollar volume-weighted average price is reported for such security by Bloomberg, the average of the highest closing bid price and the lowest closing ask price of any of the market makers for such security as reported in the "pink sheets" by Pink Sheets LLC.