Velocity Limit definition

Velocity Limit means the maximum aggregate number of Transactions and/or maximum aggregate permissible dollar amount for all Transactions initiated by Program Manager on your behalf within a set period of time.
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Examples of Velocity Limit in a sentence

  • Notwithstanding any Velocity Limit or other controls, the Principal Cardholder shall be liable for the use of any Card by any Cardholder save as expressly provided for in this Agreement, and (in particular) shall remain liable in respect of any Card transaction in the event of any failure by a Cardholder to comply with the terms of this Agreement.

  • Cardholder Reports Cardholder Account Velocity Limit Report This report contains Cardholder account information to include account number, last name, first name, corporate account number and other data elements related to account velocity limits for various cycle and calendar periods Cardholder Reports Cardholder Demographics Report This report contains demographic information related to the Cardholder to include account number, name, address, and other contact information.

Related to Velocity Limit

  • Facility Limit means, $175,000,000, as reduced or increased from time to time pursuant to the terms hereof. References to the unused portion of the Facility Limit shall mean, at any time of determination, an amount equal to (x) the Facility Limit at such time, minus (y) the Aggregate Capital at such time.

  • Bag limit means the maximum number of game animals, game

  • Maximum Daily Limit means the maximum allowable "Daily Concentration" (defined above) when expressed as a concentration (e.g. mg/l), otherwise, it means the maximum allowable "Daily Quantity" as defined above, unless it is expressed as a flow quantity. If expressed as a flow quantity it means "Maximum Daily Flow" as defined in Section 22a-430-3(a) of the RCSA.

  • Upper Limit means a specified maximum amount of costs which may be claimed under a Unit of Work, but which may be extended on application. An Upper Limit operates in the same way as a Costs Limitation;

  • Track Usage Price List means the document entitled "Track Usage Price List" published by Network Rail on or about 20 December 2018 which, for the purposes of this contract, shall be deemed to incorporate any supplements to that document consented to or determined pursuant to paragraph 2.2.10 of Schedule 7 to this contract or a freight track access contract previously held by the Train Operator;