Token Stake definition

Token Stake means those PIN Tokens that are provided by you to us in order to receive PIN Rewards to distribute to your customers; Software Module means the object code version of a software module or any specific software code owned by us and provided by us to you for use with the PIN Network (but excludes the PIN App), and includes all updates to it (if any) that are provided by us to you; Stake Value means the monetary value (in a local fiat currency) that we agree with you when you register for an Account and agree to provide a PIN Token Stake, or such other monetary value in that local fiat currency that we may subsequently agree with you; Transaction means a transaction involving the purchase of goods or services from you by a User where the PIN Network is used to facilitate the payment of those goods or services; User means a customer or website user that has a registered user account on the PIN Network; User Terms and Conditions means the User Terms and Conditions located on the Website; Website means ▇▇▇▇▇://▇▇▇▇▇▇▇▇.▇▇/.
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Examples of Token Stake in a sentence

  • Your PIN Token Stake determines a set number of PIN Tokens to which you will be entitled to provide as PIN Rewards to your customers in accordance with clause 7.

  • At the end of that term, if you wish to continue to access PIN Rewards by holding a PIN Token Stake you must enter into a new merchant staking plan.

  • Without limiting our activation process you must either provide a PIN Token Stake for the agreed Stake Value or agree to pay the applicable monthly fee for access to the PIN Network as a merchant.

  • Once purchased, these PIN Tokens will be designated in your Account as the PIN Token Stake.

  • You acknowledge that the original Stake Value and not any current value of the PIN Tokens comprised in your PIN Token Stake is used for the purposes of the payment under clause 9.9.

  • If we agree with you a new Stake Value then you must purchase additional PIN Tokens equal to the increase and designate them in your Account as a part of the PIN Token Stake.

  • If you no longer wish to hold a PIN Token Stake at the end of your merchant staking plan term, but wish to continue accessing the PIN Network you agree to pay the monthly access fee.

Related to Token Stake

  • Token means the security device which allows an individual user to access IRIS.

  • Digital Cross Connect System or "DCS" is a function which provides automated Cross Connection of Digital Signal Level 0 (DS0) or higher transmission bit rate digital channels within physical interface facilities. Types of DCS include but are not limited to DCS 1/0s, DCS 3/1s, and DCS 3/3s, where the nomenclature 1/0 denotes interfaces typically at the DS1 rate or greater with Cross Connection typically at the DS0 rate. This same nomenclature, at the appropriate rate substitution, extends to the other types of DCS specifically cited as 3/1 and 3/3. Types of DCS that cross connect Synchronous Transport Signal level 1 (STS-1 s) or other Synchronous Optical Network (SONET) signals (e.g., STS-3) are also DCS, although not denoted by this same type of nomenclature. DCS may provide the functionality of more than one of the aforementioned DCS types (e.g., DCS 3/3/1 which combines functionality of DCS 3/3 and DCS 3/1). For such DCS, the requirements will be, at least, the aggregation of requirements on the "component" DCS. In locations where automated Cross Connection capability does not exist, DCS will be defined as the combination of the functionality provided by a Digital Signal Cross Connect (DSX) or Light Guide Cross Connect (LGX) patch panels and D4 channel banks or other DS0 and above multiplexing equipment used to provide the function of a manual Cross Connection. Interconnection is between a DSX or LGX to a Switch, another Cross Connection, or other service platform device.

  • MDF means a CenturyLink distribution frame (e.g., COSMIC™ frame) used to connect CenturyLink cable pairs and line and trunk equipment terminals on a CenturyLink switching system. "Maintenance and Repair" involves the exchange of information between Carriers where one initiates a request for maintenance or repair of existing products and services or Unbundled Network Elements or combinations thereof from the other with attendant acknowledgments and status reports in order to ensure proper operation and functionality of facilities. "Maintenance of Service charge" is a Miscellaneous Charge that relates to trouble isolation work performed by CenturyLink. Basic Maintenance of Service charges apply when the CenturyLink technician performs work during standard business hours. Overtime Maintenance of Service charges apply when the CenturyLink technician performs work on a business day, but outside standard business hours, or on a Saturday. Premium Maintenance of Service charges apply when the CenturyLink technician performs work on either a Sunday or CenturyLink recognized holiday.

  • Firefighter means any regular, paid or volunteer, member of a lawfully constituted fire department of a municipal corporation, township, fire district, or village.

  • Campaign means all activities for or against the election of a candidate for elective state office or for or against a state question;