Chargebacks definition

Chargebacks means all credits, chargebacks, reimbursements, administrative fees and other financial obligations to wholesalers and other distributors, group purchasing organizations, insurers, Governmental Entity and other institutions related to the Product.
Chargebacks means chargebacks and similar payments to wholesalers and other distributors in connection with the Product.
Chargebacks means a Transaction that is reversed because the customer has successfully disputed the Transaction;

Examples of Chargebacks in a sentence

  • If Vendor determines that you are incurring an excessive amount of Chargebacks, you may be subject to a Card Organization’s monitoring program.

  • You will continue to be responsible for any and all Chargebacks, credits and adjustments and all other amounts then due, or which later become due.

  • If you have pending Chargebacks or Vendor reasonably believes that a Chargeback is likely, Vendor may withhold or delay payments from your Merchant Account for the later of 270 days following termination of this Agreement or 180 days from your last Chargeback.

  • Vendor may also estab- lish controls or conditions governing your Merchant Account, including but not limited to (a) an increase in processing fees, (b) creating a Reserve Account in an amount reasonably determined by Vendor to cover antici- pated Chargebacks and related fees, (c) delaying payouts, and (d) terminating or suspending the Services and this Agreement.


More Definitions of Chargebacks

Chargebacks has the meaning assigned to that term in the Sale Agreement.
Chargebacks means a demand by an Issuer or a Card Organization to be repaid a sum of money by Acquirer in respect of a Transaction which has been previously subject to Settlement and for which Acquirer have been paid by the relevant Card Organization.
Chargebacks may occur when an End-User Customer disputes a payment resulting in a full refund of a transaction together with associated fees being charged to Merchant, and mean the sum of (i) amounts assessed, withheld from or charged BlueSnap by an Acquirer to cancel, change, reverse, or otherwise in connection with previously settled payments and (ii) any related fees, fines, or penalties assessed, withheld, or charged to BlueSnap by an Acquirer. Merchant is liable in respect of all Chargebacks, Chargeback Fees, refunds, and all related fees relating to transactions processed on its behalf through BlueSnap. If the Chargeback ratio for a payment cycle exceeds the percentages and/or numbers set forth in BlueSnap’s Excessive Chargeback Management Program or in BlueSnap’s reasonable discretion such Chargeback ratio presents an increased risk, then in addition to bearing Chargeback processing and handling fees, BlueSnap reserves the right to enter Merchant into BlueSnap’s Excessive Chargeback Management Program, which will incur additional fees and restrictions with respect to Merchant’s account with BlueSnap. Merchant agrees to remain liable at all times for the Chargebacks of itself and/or its Third Party Referrers or other related entities permitted by this Agreement and that Chargebacks, Chargeback Fees, related fines, penalties and refunds including any Chargeback dispute fees shall be charged against Merchant’s account or reserves. Furthermore, there shall be no obligation upon BlueSnap to process Chargebacks or refunds that would lead to a negative balance on Merchant’s account. BlueSnap may withhold the amount of any Chargebacks that it reasonably believes may be made against Merchant so as to ensure that there are sufficient funds available to meet such liabilities.
Chargebacks means all chargebacks and all other credits and reimbursements, other than Rebates, to Customers with respect to the Product (whether relating to the Product sold prior to, on or after Closing Date).
Chargebacks. (i) In the event a policy is returned to CLICA pursuant to a "Free Look" provision, the full B/D Concession paid thereon or retained by Selling Firm pursuant to net submission of premium or purchase payment shall be charged back to the Selling Firm. (ii) Should any premium or purchase payment on any policy issued by CLICA be refunded for any reason, Selling Firm shall repay or return B/D Concession received by it with respect to such premium or purchase payment. (iii) If a policy was not issued as a result of failure of Selling Firm to submit to CLICA an application sufficient to satisfy state insurance laws or CLICA's eligibility requirements, then amounts paid to Selling Firm shall be returned or repaid. (iv) If a policy was tendered to CLICA for redemption within 10 business days of the date of activity, then amounts paid to Selling Firm shall be returned or repaid. (v) For annuitizations within 6 months of issue, 100% of all B/D Concession paid to Selling Firm will be returned or repaid, offset by an amount from 1.25% to 3%, depending on the amount and duration of payout; and for annuitizations from months 7-12 after issue, 50% of all B/D Concession paid to Selling Firm shall be returned or repaid, offset by an amount from 1.25% to 3%, depending on the amount and duration of payout. For any premium or purchase payment that has been in the Policy for more than 12 months, there shall be no chargeback on B/D Concession.
Chargebacks means (a) any amount which an Acquired Entity may be required to pay back to any party purchasing retail paper, warranties, insurance or the like from the Acquired Entity, or (b) any amount which may be set-off or otherwise deducted from any amount due and owing to the Acquired Entity by any party purchasing retail paper, warranties, insurance or the like from the Acquired Entity.
Chargebacks means that an Advertiser or Creative Clicks may apply a debit to the Publisher’s account in circumstances of (i) duplicate entry or other clear error; (ii) non-bona fide Actions; (iii) non receipt of payment from, or refund of payment to an End-User by the Advertiser; or