Charge Volume definition

Charge Volume means, with respect to each merchant, total transactions on American Express Cards less Chargebacks, credits owed by the merchant to American Express cardholders, and any other amounts owed to American Express by the merchant; and
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Charge Volume means total U.S. dollar charges made on a Card, net of returns, and excluding cash advances, Fraudulent Transactions and any transactions that do not qualify for interchange under applicable Association rules.
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Charge Volume means total US dollar charges made on a Contractor issued Credit Card, net of returns, and excluding Large Ticket Transactions, cash advances, convenience check amounts, and fraudulent charges.
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Examples of Charge Volume in a sentence

  • In the event your Charge Volume exceeds (1) $1,000,000 in a rolling twelve month period, or (2) $1,000,000 in any three consecutive months (“High CV Merchant”), American Express may convert you to a direct Card acceptance relationship.

  • Merchant may be converted from the American Express Program to a direct Card acceptance relationship with American Express if and when Merchant has either (i) greater than $1,000,000 in Charge Volume in a rolling twelve (12) month prior or (ii) greater than $1,000,000 in Charge Volume in any three (3) consecutive months (hereinafter High CV Merchant).

  • Merchant may be converted from the American Express Program to a direct Card acceptance relationship with American Express if and when Merchant has either (i) greater than $1,000,000 in Charge Volume in a rolling twelve (12) month prior or (ii) greater than $1,000,000 in Charge Volume in any three (3) consecutive months (hereinafter “High CV Merchant”).

  • Merchant may be converted from the American Express Program to a direct Card acceptance relationship with American Express if and when Merchant has either (a) greater than $1,000,000 in Charge Volume in a rolling twelve (12) month prior or (b) greater than $1,000,000 in Charge Volume in any three (3) consecutive months.

  • In the event your Charge Volume exceeds (1) $1,000,000 in a rolling twelve month period, or (2) $100,000 in any three consecutive months (“High CV Merchant”), American Express may convert you to a direct Card acceptance relationship unless your Merchant Category Code (MCC) is exempt from the High CV Merchant threshold according to current American Express OptBlue Program limitations.

  • In the event Merchant Charge Volume exceeds (1) $1,000,000 in a rolling twelve month period, or (2) $100,000 in any three consecutive months (“High CV Merchant”), American Express may convert Merchant to a direct Card acceptance relationship.

  • Merchant hereby agrees that, in the event that Merchant becomes a High Charge Volume Merchant (as defined below), Merchant will be converted to from the American Express Program to a direct American Express Card acceptance agreement relationship with American Express, and upon such conversion, (i) Merchant will be bound by American Express’ then-current card acceptance agreement, and (ii) American Express will set pricing and other fees payable by Merchant for American Express Card acceptance.

  • Gross Losses as a Percentage of Charge Volume and Fees [Gross Losses, divided by the aggregate amount of Charge Volume and Fees for the preceding Due Period]..

  • Service Levels will be applied to the number of charges received by Vision from Athena on a (U.S.) daily basis up to a maximum of the Estimated Charge Volume for the relevant month (as specified in Athena's designation of Service Level by customer associated with that Estimated Charge Volume for that month) divided by the number of weekdays in that month exclusive of United States Federal Holidays, plus 30% (20% for claims subject to Service Level 1).

  • In the event that your Estimated Annual Charge Volume becomes $1,000,000 USD or greater, you will become a direct Card-accepting merchant under the standard American Express acceptance program and cease to be a sponsored merchant under ProPay.


More Definitions of Charge Volume

Charge Volume means total U.S. dollar charges made on a Bank Commercial Card, net of returns, and excluding Large Ticket Transactions greater than 5% of Charge Volume, cash advances, convenience check amounts, fraudulent charges and any transactions that do not qualify for interchange under applicable Association rules.
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Related to Charge Volume

  • Monthly Volume means the product of the Committed Volume multiplied by the number of days in the relevant month.

  • Service Volume means a measure of Services for which a Performance Target is set.

  • Runoff volume means the volume of water that runs off the land development project from a

  • VWAP Purchase Share Volume Maximum means a number of shares of Common Stock traded on the Principal Market during normal trading hours on the VWAP Purchase Date equal to: (i) the VWAP Purchase Share Estimate, divided by (ii) the VWAP Purchase Share Percentage (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction).

  • Committed Volume means, with respect to a Committed Shipper, the minimum daily volume of Crude Petroleum set out in Schedule A to the Committed Shipper’s TSA.