Common use of Applicable To Merchants Boarded With Vantiv As Acquirer Clause in Contracts

Applicable To Merchants Boarded With Vantiv As Acquirer. (Canada only) This MERCHANT SERVICES AGREEMENT FOR SUB-MERCHANTS (“Agreement”) is made among VANTIV, LLC, having its principal office at 0000 Xxxxxxxxx Xxxx Xxxxx, Xxxxxx Xxxxxxxx, XX 00000- 1384 and its designated Acquirer Member Bank (collectively “Acquirer”) and BlueSnap Merchant (“Sub- merchant”) in connection with the agreement between Sub-merchant and Bluesnap, Inc. (“Provider”). Acquirer will provide Sub-merchant with certain payment processing services (“Services”) in accordance with the terms of this Agreement. In consideration of Sub-merchant’s receipt of credit or debit card funded payments, and participation in programs affiliated with MasterCard International Inc. ("MasterCard"), VISA International ("VISA"), and certain similar entities (collectively, “Associations), Sub-merchant is required to comply with the Operating Regulations (defined below) as they pertain to applicable credit and debit card payments. In addition, if Sub-merchant meets certain requirements under the Operating Regulations or an Association or the Operating Regulations otherwise require, Sub- merchant may be required to enter into a direct relationship with an entity that is a member of the Associations. By executing this Agreement, Sub-merchant has fulfilled such requirement. However, Acquirer understands that Sub-merchant may have contracted with Provider to obtain certain processing services and that Provider may have agreed to be responsible to Sub-merchant for all or part of Sub- merchant’s obligations contained herein.

Applicable To Merchants Boarded With Vantiv As Acquirer. (Canada only) This MERCHANT SERVICES AGREEMENT FOR SUB-MERCHANTS (“Agreement”) is made among VANTIV, LLC, having its principal office at 0000 Xxxxxxxxx Xxxx Xxxxx, Xxxxxx Xxxxxxxx, XX 00000- 1384 and its designated Acquirer Member Bank (collectively “Acquirer”) and BlueSnap Merchant (“Sub- merchant”) in connection with the agreement between Sub-merchant and Bluesnap, Inc. (“Provider”). Acquirer will provide Sub-merchant with certain payment processing services (“Services”) in accordance with the terms of this Agreement. In consideration of Sub-merchant’s receipt of credit or debit card funded payments, and participation in programs affiliated with MasterCard International Inc. ("MasterCard"), VISA International ("VISA"), and certain similar entities (collectively, “Associations), Sub-merchant is required to comply with the Operating Regulations (defined below) as they pertain to applicable credit and debit card payments. In addition, if Sub-merchant meets certain requirements under the Operating Regulations or an Association or the Operating Regulations otherwise require, Sub- Sub-merchant may be required to enter into a direct relationship with an entity that is a member of the Associations. By executing this Agreement, Sub-Sub- merchant has fulfilled such requirement. However, Acquirer understands that Sub-merchant may have contracted with Provider to obtain certain processing services and that Provider may have agreed to be responsible to Sub-merchant for all or part of Sub- Sub-merchant’s obligations contained herein.