Merchant Base Sample Clauses

The 'Merchant Base' clause defines the primary location or address from which a merchant operates or is registered for the purposes of the agreement. This clause typically specifies the official business address that will be used for correspondence, legal notices, and determining applicable laws or jurisdictions. By clearly establishing the merchant's base, the clause helps avoid confusion regarding the merchant's identity and location, ensuring clarity in contractual obligations and communications.
POPULAR SAMPLE Copied 2 times
Merchant Base. The term "Merchant Base" means the portfolio of contracts whereby merchants participate in a merchant bank card processing system, and such contracts are originated by Co-Borrowers, its assignor or other predecessor in interest, under the Cynergy Processing Agreement or any other Processing Agreement.
View SourceView Similar (3)

Related to Merchant Base

  • Merchant has the power and authority to authorize the automatic funds transfer provided for in the Merchant Agreement;

  • Processing operations The personal data transferred will be subject to the following basic processing activities (please specify):

  • Processing Fee ▇▇▇▇▇▇▇▇ agrees to pay Purchaser the Processing Fee listed on the first page of this Agreement to reimburse Purchaser for expenses incurred in processing Merchant’s application, providing toll-free access to customer service representatives, filing and terminating UCC financing statement(s) against Merchant and fees that Purchaser pays any other person for referring Merchant to Purchaser and assisting with the origination of the sale of the Future Receipts. Purchaser will deduct the amount of the Processing Fee from the Purchase Price that is to be paid to Merchant.

  • Interconnection Customer Compensation If the CAISO requests or directs the Interconnection Customer to provide a service pursuant to Articles 9.6.3 (Payment for Reactive Power) or 13.5.1 of this LGIA, the CAISO shall compensate the Interconnection Customer in accordance with the CAISO Tariff.

  • Intercarrier Compensation Except as specifically described in this Section, the Agreement does not change or amend applicable intercarrier compensation arrangements (including but not limited to Switched Access, Signaling, or Transit charges) between any parties, including between Qwest and Carriers or IXCs.