New Toast, Inc. (“Toast”) merchant customers may be eligible to receive applicable discounts set forth below, if Merchant signs Toast's Merchant Agreement on or before March 31, 2019 (“New Customers”) and meets the below criteria may be eligible to receive the discount set forth below.
New Customers currently using Micros or Aloha systems may be eligible for one (1) discount of $1,000 per tablet up to $10,000 before taxes on Toast hardware (“Hardware Discount”) per location if they (1) purchase one or more tablets for a total amount of at least $1,000, (2) submit an application for 0% financing, and (3) qualify for and accept 0% interest-free financing on their Toast purchase. A “tablet” may be a stationary terminal, handheld tablet, kiosk or kitchen display screen (KDS).
Each restaurant location in which New Customer intends to use the Toast hardware subject to the Hardware Discount (“Restaurant Location”) is eligible for only one (1) Hardware Discount. If New Customer has more than one (1) Restaurant Location under the same restaurant group or brand, then only up to five (5) such Restaurant Locations may be eligible for a Hardware Discount. The Hardware Discount may not exceed the purchase price of the Toast hardware purchased by New Customer for that Restaurant Location under the Agreement.
The Hardware Discount may not be combined with other hardware offers or redeemed for cash and is available only in select markets. Toast may terminate the Hardware Discount or modify its terms at any time.