When Merchant Clause Samples

The "When Merchant" clause defines the specific circumstances or conditions under which a party is considered to be acting as a merchant within the context of the agreement. Typically, this clause clarifies what activities, transactions, or behaviors qualify a party as a merchant, such as regularly dealing in certain goods or services or presenting themselves as having specialized knowledge. By establishing these criteria, the clause ensures that the appropriate legal standards and obligations applicable to merchants are triggered only when relevant, thereby providing clarity and preventing disputes over the parties' roles and responsibilities.
When Merchant is setting Third Party Referrer Fee Rates for Third Party Referrers, the maximum rate shall be 75% of the set Product price. This limit shall also take into account the total allocated amount for Royalty Payments on the same contract. Third Party Referrer Fee Rates mean the commission fee that ▇▇▇▇▇▇▇▇ agrees to pay to Third Party Referrer or group of Third Party Referrers upon the completion of a BlueSnap sales transaction.