Add the sample code below to your child theme's functions.php file or in a site specific plugin. Then change the REPLACE ME text after the arrow to something of your choice.
<?php
//* Do NOT include the opening php tag
//* Change the intro in order to messaging in registration checkout
function ee_custom_messaging_registration_checkout_not_approved( $translated, $original, $domain ) {
$strings = array(
'The following events do not require payment at this time and will not be billed during this transaction. Billing will only occur after the attendee has been approved by the event organizer. You will be notified when your registration has been processed. If this is a free event, then no billing will occur.' => 'REPLACE ME',
);
if ( isset( $strings[$original] ) ) {
$translations = get_translations_for_domain( $domain );
$translated = $translations->translate( $strings[$original] );
}
return $translated;
}
add_filter( 'gettext', 'ee_custom_messaging_registration_checkout_not_approved', 10, 3 );