Cash in Transit means all forms of monies as defined in these regulations being remitted or transferred from one office or place to another;
Cash in Transit means the collection, delivery or transportation of Physical Cash;
Cash in Transit means, as of any date of determination, the aggregate amount of receivables of the Company and its Subsidiaries from payment processors (for debit card collections and other sources).
Examples of Cash in Transit in a sentence
Cash in Transit (CIT) Item Processing: A CIT item is a lockbox receipt for which the automated process is unable to match with a customer invoice in SAP.
More Definitions of Cash in Transit
Cash in Transit means the transport of cash.
Cash in Transit means cash, cheques, postal orders, money orders and other negotiable documents of value being remitted or transferred from one office or place to another;
Cash in Transit means the collection, delivery or transportation of Physical Cash; “Cash Pool Facility” has the meaning given in Clause 5.2.4;
Cash in Transit means proceeds due to Borrower on account of credit cards sales made within fifteen (15) days of any current reporting period.
Cash in Transit means cash, the transfer of which from a transferring Person to the Company has been initiated prior to any given time but not yet completed at such time, including credit card receivables but excluding, for the avoidance of doubt, any register cash.
Cash in Transit means the transport of cash as defined.
Cash in Transit means cash which is in transit which is properly due and owing to a member of the Group and in any event which will be received by a Group member in cash within ten Business Days of the relevant calculation.