Billing Processor definition
Examples of Billing Processor in a sentence
Section M3 - Billing Processor Once the auction has closed, the Billing Processor will be activated.
No Billing Processor has any security interest, Lien, encumbrance or other claim in or to any of the Accounts or other Collateral.
Loan Parties have delivered, or caused to be delivered to Lender, true, correct and complete copies of all of the Billing Processor Agreements.
Under the terms of such agreements, the Billing Processor is to remit payments to Borrower no less frequently than once each week or as otherwise provided therein and specified on Schedule 8.9 hereto.
Set forth in Schedule 9.1.27 hereto is a correct and complete list of all Billing Processor Agreements in effect on the date hereof.
Borrower has delivered, or caused to be delivered to Lender, true, correct and complete copies of all of the Billing Processor Agreements.
Each of the Billing Processor Agreements constitutes the legal, valid and binding obligations of the Loan Party thereto and to the best of such Loan Party’s knowledge, the other parties thereto, enforceable in accordance with their respective terms and are in full force and effect.
To the best of each Loan Party’s knowledge, no event of default, or act, condition or event which with notice or passage of time or both, would constitute an event of default under any of the Billing Processor Agreements exists or has occurred and is continuing.
Set forth in Schedule 8.9 hereto is a correct and complete list of all Billing Processor Agreements in effect on the date hereof.
No event of default, or act, condition or event which with notice or passage of time or both, would constitute an event of default under any of the Billing Processor Agreements exists or has occurred and is continuing, and Borrower and the other parties thereto have complied with (or waived in writing compliance with) all of the terms and conditions of the Billing Processor Agreements to the extent necessary for Borrower to be entitled to receive all payments thereunder.