Floor Limit definition

Floor Limit means any monetary limit (of which we notify you from time to time) above which you must obtain our Authorisation prior to completing a Transaction;

Floor Limit means the total value of a transaction processed manually using a Fallback Voucher You are authorised to make to a Cardholder on any single occasion without obtaining an Authorisation.

Floor Limit means a set amount which a Customer may spend on a single Transaction using a Payment Instrument without obtaining Authorisation;

Examples of Floor Limit in a sentence

• Floor Limit Activity ------------------------------------------------------------------------------------------------------------------------------ Auto-Email Notification $0.05 per account auto E-mailed.

• Notwithstanding the foregoing provisions of this (P) 4.b.), each Base Rent adjustment shall be subject to a minimum adjustment in accordance with the Floor Limit if specified in (P) 34.b.1) and a maximum adjustment in accordance with the Ceiling Limit if specified in (P) 34.b.1).

• Robexxx xxxl have a zero floor limit ("Floor Limit") for all Plan Card Transactions.

• If a referral code is displayed on the POS Terminal and the dollar amount of the Credit Card Sale ("Proposed Purchase Amount") is above a dollar limit established for such Credit Card Sale ("Floor Limit") at the Designated Sears Store, Licensee shall telephone the Issuer to obtain further instructions, using a telephone number provided by Sears for such purpose.

• Notwithstanding any provision hereof to the contrary, in no event shall any Card Sale be subject to Chargeback solely as a result of the fact that those means of Authorization specified in Section 3.7(b)(i) were unavailable (for any reason other than one attributable solely to Zale’s negligence or willful misconduct), such Card Sale was subject to and within the Floor Limit and no Authorization was secured.

More Definitions of Floor Limit

Floor Limit means $100.00 or any other amount notified by Kiwi

Floor Limit means the total value which You may permit a Cardholder to spend on a Card at any one time without prior authorisation from a bank.

Floor Limit means the total value, including any part of the value of sales, which the Merchant may, without advance authorisation from the B a n k , permit a customer to spend on a Card on any one occasion, all floor limits will be set at zero.

Floor Limit means the United States dollar amount designated by Bank, as it may be changed from time to time, at or above which Authorization must be obtained to make a Card Sale.

Floor Limit means, where applicable, the maximum amount that the Federation may authorize in respect of: (i) a Cardholder’s purchases of goods offered or services rendered by the Merchant in a single Credit Card Transaction; or (ii) the total Transactions carried out with a Merchant in one day; without, in both cases, requiring systematic authorization from the Federation;

Floor Limit means an amount above which a payment using an eftpos Device requires approval by OMMS and Indue in order for the transaction to be processed. Floor Limits are set by merchants’ financial institutions.

Floor Limit means the amount specified for a single transaction above which authorization is required from the Bank / its Merchant Service Provider authorised to act on behalf of the Bank