Change Funds definition

Change Funds means the amount of cash on hand provided by the Authority for cashiers and Pay-on-Foot machines to be able to provide change to customers.
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Change Funds means ▇▇▇▇▇ cash held by each Seller store location.
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Examples of Change Funds in a sentence

  • The Contractor shall notify the Authority prior to Contract commencement of the amount of Change Funds required for cashiers.

  • The Contractor shall maintain and account for Change Funds provided by the Authority.

  • If the Contractor determines the amount of Change Funds is in excess of daily requirements, the Contractor may submit a request to reduce the Change Funds amount.

  • If the Contractor determines the initial amount of Change Funds is insufficient, the Contractor may request additional Change Funds from the Authority.

  • The Contractor is required to reconcile Change Funds daily to ensure the approved Change Funds amount is maintained.

  • Change Funds will be provided by the Authority upon approval of the Contractor's written request.

  • Within five (5) business days of approval by the Authority to reduce the Change Funds, the Contractor shall return the excess Change Funds to the Authority’s bank account.

  • Within five (5) business days of approval by the Authority to reduce the Change Funds, the excess Change Funds shall be returned to the Authority’s bank account.

  • Change Funds shall be repaid in full at contract termination or expiration.

  • The Contractor shall repay the Change Funds in full at contract termination or expiration.

Related to Change Funds

  • Exchange Fund shall have the meaning set forth in Section 3.2(a).

  • Unspent Funds means the amount reported as unspent by the Recipient as of December 31, 2023 in the Recipient’s 2023 Annual Report (as defined under the Prior Agreement).

  • Payment Fund has the meaning set forth in Section 2.02(a).

  • Escrow Cash is defined in Section 4.1(a).

  • Uninvested Cash cash available and uninvested by a Trust that may result from a variety of sources, including dividends or interest received on portfolio securities, unsettled securities transactions, strategic reserves, matured investments, proceeds from liquidation of investment securities, dividend payments, or new investor capital.