VISA AND MASTERCARD REQUIREMENTS Sample Clauses

VISA AND MASTERCARD REQUIREMENTS a. SV Partner shall cooperate with Merrick in making all necessary registrations and filings with Visa and/or MasterCard, as appropriate, that are required in connection with participation by SV Partner in Visa's independent sales organization ("ISO") program and/or MasterCard's Member Service Provider ("MST") program, as appropriate. Merrick shall keep SV Partner informed as to applicable Visa and MasterCard regulations and requirements. Obtaining all necessary approvals of Visa and/or MasterCard, as appropri ate, is a precondition to the performance by the Parties of their respective obligations hereunder.
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VISA AND MASTERCARD REQUIREMENTS a. SV Partner shall cooperate with Merrick in making all necessary registrations and filings with Visa and/or MasterCard, as appropriate, that are required in connection with participation by SV Partner in Visa's independent sales organization ("ISO") program and/or MasterCard's Member Service Provider ("MST") program, as appropriate. Merrick shall keep SV Partner informed as to applicable Visa and MasterCard regulations and requirements. Obtaining all necessary approvals of Visa and/or MasterCard, as appropriate, is a precondition to the performance by the Parties of their respective obligations hereunder. b. SV Partner agrees: (i) to pay any ISO, MSP, independent contractor, affinity or co-brand program or like or substitute fees now or hereafter imposed by Visa or MasterCard in connection with the registrations and - 9 - <PAGE> filings described above; (ii) to execute such applications, agreements and other forms as shall be required by Visa or MasterCard in connection with such registrations and filings; and (iii) to comply with all Applicable Association Regulations (as communicated to SV Partner by Merrick) in all of its activities under or in connection with this Agreement. c. SV Partner further agrees that it shall not use any Visa or MasterCard trademarks or the term "Visa" or "MasterCard" in any manner on any marketing material in connection with the marketing or sale of Cards unless Merrick, as issuer of the Cards, is appropriately identified by name and city. SV Partner recognizes the proprietary nature of the words "Visa" and "MasterCard" and the registered trademarks of both Visa and MasterCard, and will comply with all Visa and MasterCard rules and regulations concerning their use in connection with the marketing and sale of Cards. In the event any of the terms of this Agreement are inconsistent with Applicable Association Regulations, the Applicable Association Regulations shall prevail, and the Parties shall act in accordance with the Applicable Association Regulations. 2.5
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Related to VISA AND MASTERCARD REQUIREMENTS

  • FINRA Requirements (A) You represent that you are a member in good standing of FINRA, or a non-U.S. bank, broker, dealer, or institution not eligible for membership in FINRA or a Bank.

  • Foreign Asset/Account Reporting Requirements You acknowledge that there may be certain foreign asset and/or account reporting requirements which may affect your ability to acquire or hold the Shares acquired under the Plan or cash received from participating in the Plan (including from any dividends paid on the Shares acquired under the Plan) in a brokerage or bank account outside your country. You may be required to report such accounts, assets or transactions to the tax or other authorities in your country. You also may be required to repatriate sale proceeds or other funds received as a result of participating in the Plan to your country through a designated bank or broker within a certain time after receipt. You acknowledge that it is your responsibility to be compliant with such regulations, and you should speak to your personal advisor on this matter.

  • Filing Requirements Escrow securities will not be released under this Part until the Issuer does the following:

  • Listing Requirements The Company shall not be obligated to deliver any certificates representing any shares until all applicable requirements imposed by federal and state securities laws and by any stock exchanges upon which the shares may be listed have been fully met.

  • Additional Regulatory Requirements Notwithstanding anything contained in this Agreement to the contrary, it is understood and agreed that the Bank (or any of its successors in interest) shall not be required to make any payment or take any action under this Agreement if:

  • Reporting Requirements The Company, during the period when the Prospectus is required to be delivered under the 1933 Act or the 1934 Act, will file all documents required to be filed with the Commission pursuant to the 1934 Act within the time periods required by the 1934 Act and the 1934 Act Regulations.

  • Compliance with Timing Requirements of Regulations In the discretion of the Liquidator or the General Partner, a pro rata portion of the distributions that would otherwise be made to the General Partner and Limited Partners pursuant to this Article 13 may be:

  • ERISA Requirements (a) Borrower will not engage in any transaction which would cause an obligation, or action taken or to be taken under this Loan Agreement (or the exercise by Lender of any of its rights under the Note, this Loan Agreement or any of the other Loan Documents) to be a non-exempt prohibited transaction under ERISA or Section 4975 of the Tax Code.

  • Functional Requirements Applications must implement controls that protect against known vulnerabilities and threats, including Open Web Application Security Project (OWASP) Top 10 Risks and denial of service (DDOS) attacks.

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