Merchant Facility Sample Clauses
Merchant Facility. A transmission facility constructed by an entity that assumes all market risks associated with the recovery of costs for the facility and whose costs are not recovered through traditional cost-of-service based rates, but instead are recovered either through negotiated agreements with customers or through market revenues.
Merchant Facility. A transmission facility constructed by an entity that assumes all market risks associated with the recovery of costs for the facility and whose costs are not recovered through traditional cost-of-service based rates, but instead are recovered either through negotiated agreements with customers or through market revenues. NTD Category A Facilities. Those transmission facilities listed in Schedule 2.01(a) of the Agreement, as that list may be modified from time to time in accordance with the terms of this Agreement. NTD Category B Facilities. Those transmission facilities listed in Schedule 2.01(b) of the Agreement, as that list may be modified from time to time in accordance with the terms of this Agreement.
Merchant Facility. It doesn’t replace the agreement formed when you enter into the Merchant Facility Agreement comprised of EFTPOS Merchant Agreement Terms and Conditions (“Terms and Conditions”), Your guide to merchant fees and charges (“Fees Guide”), Your guide to the Payment Card Industry Data Security Standard (PCI DSS) (“PCI DSS Guide”), Protecting business against credit card fraud (“CC Fraud”), Application for New Merchant Facility (“Application”) and any other privacy notices or consents (“Privacy Documents”) (“Agreement”) nor does it cover all 1 Our Liability Our liability under the Agreement is limited. This includes (but is not limited to) liability for breach of obligations, processing delays, and Integrated Payment Solutions. Section 4 “Processing Transactions”, section 37 “Our liability is limited” and section 25 “Financial Crimes Monitoring and Anti-Money Laundering” 2 Surcharging You must comply with our surcharging requirements. Section 6 “Surcharging”