Qualified Transactions definition

Qualified Transactions means any Transaction categorized as such by the processor designated by Bank to settle Transactions with the Associations.

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Qualified Transactions meansany Transaction categorized as such by the processor designated by Bank to settle Transactionswith the Associations.

Qualified Transactions means (A) the sale of all or a significant portion of the assets of the Company’s Liquidmetal Coatings business unit (whether by merger, asset sale, or stock sale), other than sales in the ordinary course of business, and/or (B) the sale of Liquidmetal Korea’s manufacturing facility in ▇▇▇▇▇-▇▇▇▇, Republic of Korea and that the appropriate authorities or banks in the Republic of Korea approve the transfer of such proceeds from Liquidmetal Korea to the Company and/or (C) the raising of capital in a debt or equity offering after the date hereof (subject to any restrictions or limitations thereon set forth in the Purchase Agreement or the Notes).

Examples of Qualified Transactions in a sentence

The Company shall provide the Investor with a notice no later than 15 business days prior to the closing of the Qualified Transaction indicating the proposed closing date, together with the terms and conditions of the Qualified Transactions, the rights, preferences and privileges of the Qualified Stock and the conversion calculation determined in accordance with Section 4.4 below.
Client shall be billed an additional Paymentus Service Fee, referred to as a “Non-Qualified Transaction Fee”, calculated pursuant to the formula set forth below, if the Payment Amount collected each month from Non- Qualified Transactions exceeds 10% of the total Payment Amount collected by Paymentus per month for all payment methods.
In addition, MCC shall maintain information related to Qualified Transactions (including any information related to the customers subject to Qualified Transactions) disclosed by BA in confidence and shall not disclose or communicate such information to any third parties or use it for any purpose other than for the purpose of this Agreement.
Different MDRs apply to qualified, Mid-Qualified and Non- Qualified Transactions.
All Qualified Transactions shall be indicated in BA’s internal records available for review by MCC pursuant to Article 4.

More Definitions of Qualified Transactions

Qualified Transactions means transactions which include sales agreement terms and purchase order terms acceptable to Purchaser in its sole discretion; provided, however, that sales agreement terms that were contracted for by any of the Acquired Companies prior to the Closing shall be deemed acceptable to Purchaser for the purpose of this sentence. Qualified Transactions shall exclude: (A) transactions with respect to products or services which are refundable, returnable, cancellable or of a contingent nature; (B) transactions which contain in part or in whole, products or services not on the Purchaser’s published price list, including commitments for functionality, services or products that are not available as of the bookings date, or transactions in which all committed obligations to the customer are not documented as part of the sales agreement or purchase order documentation; or (C) new products, services and related pricing not approved by Purchaser; and

Qualified Transactions means those transactions that are eligible for a Revenue Share pursuant to the “Qualified Transactions” section of this Agreement.

Qualified Transactions means: (i) retail Transactions in which the Card is swiped; (ii) Visa telephone or mail Transactions with Address Verification; or (iii) Transactions that are part of a special registered program approved by the Associations.

Qualified Transactions means any Transaction categorized as such by the processor designated by Bank to settle Transactions with the Associations. “Rules” means all rules, regulations, by-laws, standards and procedures adopted and/or amended from time to time by the Associations (including, without limitation, the Payment Card Industry Data Security Standard), Bank and each relevant Issuer. “Services”means the transaction processing services described on the attached Schedule A,as the same may be amended from time to time by Bank, in its sole discretion. “Transaction” means the acceptance of a Card or information embossed on the Card for payment for goods sold and/orleased or services provided to CardholdersbyMerchantand receipt of payment from Bank,whetherthe Transaction is approved,declined,or processed as a Forced Sale. The term “Transaction” also includes credits, errors, returns and adjustments. “TransactionChargebackRatio,”for any given calendar month, means the number of Charge backs processed in that month divided by the total number of Transactions processed in that month.

Qualified Transactions mean: (i) Visa and MasterCard retail transactions in which the Card is swiped; (ii) Visa Card Not Present telephone, mail or Internet Transactions processed with Address Verification Service (AVS); or (iii) MasterCard telephone, mail or Internet transactions or (iv) Transactions that are part of a special registered program approved by the Associations. Receipt: Confirmation of a card payment, e.g., the receipt that the cardholder has signed, a subscription agreement, rental agreement regarding car rental or another comparable confirmation. Sales outlet: A merchant's business venue or a URL from which a product or service is sold. Security code: A payment card's security code is on, or near, the signature box on the backside of the card. Security codes are the numbers provided after the card number, in a separate area, usually 3 digits and often referred to as a CVC or CVV number. Self-service terminals: Cardholder-activated service terminal, e.g., vending machines, admission ticket or car park fees, i.e., when the cardholder makes payment using a terminal, regardless of whether or not a PIN is used. Self-service terminals are examples of a telecommunications medium in the meaning of subpar. 3 of Art. 8 of Act no. 120/2011. Service provider of a merchant: One servicing a merchant, e.g., with a payment system, cash register system, web page or otherwise. Service Web: These terms include special rules on KORTA 's service web, KORTA Service Web. This means a service web of the subsidiary Korta ehf. More specifically this involves a website directory that a merchant automatically gets access to when a merchant framework agreement is signed. There, for example, information can be found on card transactions and various reports. The application for a merchant framework agreement on payment service contains a section for the access to the service web, which is then also a part of a merchant framework agreement (sic). Services: The transaction processing services provided by KORTA under this Agreement. Transaction: The acceptance of a Card or information embossed on the Card, for payment for goods sold and/or leased and/or services provided to Cardholders by Merchant, and receipt of payment from KORTA, whether the Transaction is approved, declined, or processed as a forced sale. The term “Transaction” also includes credits, errors, returns and adjustments. A transaction may be done only in USD, EURO and/or GBP. Transaction currency: The currency used for a cardhold...

Qualified Transactions mean: (i) Visa and MasterCard retail transactions in which the Card is swiped; (ii) Visa Card Not Present telephone, mail or Internet Transactions processed with Address Verification Service (AVS); (iii) MasterCard telephone, mail or Internet transactions or (iv) Transactions that are part of a special registered program approved by the Card Companies; correctly performed payment transactions from any other card company or payment method serviced by PAYSTRAX at any given time. Personal Data: have the same meaning as in UK Data Protection Act 2018. Personal Data Breach: a breach of security leading to the accidental or unlawful destruction, loss, alteration, unauthorized disclosure of, or access to, Personal Data transmitted, stored or otherwise processed. Receipt: Confirmation of a card payment, e.g., the receipt that the cardholder has signed, a subscription agreement, rental agreement regarding car rental or another comparable confirmation. Security code: A payment card's security code is on, or near, the signature box on the backside of the card. Security codes are the numbers provided after the card number, in a separate area, usually 3 digits and often referred to as a CVC2 or CVV2 number. Self-service terminals: Cardholder-activated service terminal, e.g., vending machines, admission ticket or car park fees, i.e., when the cardholder makes payment using a terminal, regardless of whether or not a PIN is used. Service provider of a Merchant: One servicing a Merchant, e.g., with a payment system, cash register system, web page or otherwise. Services: The transaction processing services provided by PAYSTRAX under this Agreement, i.e. a payment service provided by PAYSTRAX contracting with a Merchant to accept and process payment transactions which result in a transfer of funds from the card schemes to the Merchant. Shared Personal Data: means the Personal Data to be shared and processed between the parties for the purposes of this Agreement. Strong Customer Authentication (SCA): An authentication based on the use of two or more elements categorized as knowledge (something only the user knows), possession (something only the user possesses) and inherence (something the user is) that are independent, in that the breach of one does not compromise the reliability of the others, and is designed in such a way as to protect the confidentiality of the authentication data. Transaction: The acceptance of a Card or information embossed on the Card, for payment for ...