Test Cash definition

Test Cash means any cash used or held for use for developing and testing unattended electronic payment systems.
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Examples of Test Cash in a sentence

  • All amounts credited from time to time to the Par Value Test Cash Collateral Account pursuant to this Section 10.3 shall be held by the Collateral Agent as part of the Collateral and shall be applied as provided herein.

  • If, as of any Determination Date, the Par Value Test is not satisfied, the Issuer may deposit into the Par Value Test Cash Collateral Account an amount sufficient to cause the Issuer to satisfy the Par Value Test.

  • The only permitted withdrawal from or application of funds on deposit in, or otherwise to the credit of, the Par Value Test Cash Collateral Account shall be to withdraw amounts for deposit into the Payment Account (i) for application pursuant to Section 11.1(a)(i) as Interest Proceeds as described in this Section 10.3 or (ii) for application pursuant to Section 11.1(a)(ii), Section 11.1(a)(iii) or Section 11.1(a)(iv) as Principal Proceeds or Securitization Sale Proceeds as described in this Section 10.3.