Instacash definition

Instacash means a transaction in which a MoneyLion Accountholder (i) receives an advance from the Seller; (ii) maintains a RoarMoney Account (as defined in the MoneyLion Instacash Terms and Conditions) with the Seller or has linked an external eligible bank account; and (iii) has authorized the Seller to debit such RoarMoney Account (as defined in the MoneyLion Instacash Terms and Conditions) or external eligible bank account and associated debit card, as applicable, for the amount of repayment on the scheduled repayment date, all in accordance with the MoneyLion Instacash Terms and Conditions.
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Examples of Instacash in a sentence

  • Company has full corporate power, authority, and legal right and has taken, or will take, all action required by law, its articles of incorporation, bylaws, and otherwise to execute and deliver this Agreement and to consummate the transactions herein contemplated including the sale and transfer of the Instacash Equity.

  • Buyer acknowledges that an investment in the Instacash Equity involves substantial risk.

  • It is understood and agreed that all payments received from a MoneyLion Accountholder in respect of Instacash Repayment Amounts shall be applied (i) first, as a repayment of all outstanding and due Instacash Advance Amounts of such MoneyLion Accountholder until all such Instacash Advance Amounts have been repaid in full, and (ii) thereafter, to any outstanding Excluded Amounts relating thereto.

  • The purchase and sale of the Instacash Equity shall take place immediately on February 28, 2015 (the “Closing”).

  • The Instacash Equity is offered for sale and sold pursuant to the exemptions from the registration requirements of Section 5 of the United States Securities Act of 1933, as amended, and as such, will be deemed "restricted securities" limiting the shares ability to be resold.

  • The offer, offer for sale, and sale of the Instacash Equity has not been and will not be registered with the Securities and Exchange Commission (the “Commission”).

  • Buyer agrees to purchase from the Company and the Company agrees to sell to Buyer the Company’s 80% interest in Instacash Pty Ltd., which represents all of the Company’s interest in Instacash (the “Instacash Equity”) in exchange for $100AUD and cancellation in full of the Hancore Loan and any note payable thereunder.

  • Buyer agrees to purchase from the Company and the Company agrees to sell to Buyer the Company's 80% interest in Instacash Pty Ltd., which represents all of the Company's interest in Instacash (the "Instacash Equity") in exchange for $100AUD and cancellation in full of the Hancore Loan and any note payable thereunder.

  • The offer, offer for sale, and sale of the Instacash Equity has not been and will not be registered with the Securities and Exchange Commission (the "Commission").

  • The purchase and sale of the Instacash Equity shall take place immediately on February 28, 2015 (the "Closing").

Related to Instacash

  • Fresh Funds means funds that:

  • Performing Non-Cash Pay Mezzanine Investments means Performing Mezzanine Investments other than Performing Cash Pay Mezzanine Investments.

  • Investment Management Fee means the fee defined in the section entitled

  • Performing Cash Pay Mezzanine Investments means Mezzanine Investments (a) as to which, at the time of determination, not less than 2/3rds of the interest (including accretions and “pay-in-kind” interest) for the current monthly, quarterly, semi-annual or annual period (as applicable) is payable in cash and (b) which are Performing.

  • Sternlight means a white light placed as nearly as practicable at the stern showing an unbroken light over an arc of the horizon of 135 degrees and so fixed as to show the light 67.5 degrees from right aft on each side of the vessel.