Chargedback definition

Chargedback means a Transaction which is disputed by a Customer and returned to the Merchant inaccordance with the Rules.
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Chargedback means an Account that is repurchased by Seller under the terms and conditions herein, which repurchase shall be an Obligation of Seller.
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Chargedback is the reversal of a sales transaction following a merchant’s customer filing directly with his or her card company or card issuing bank to invalidate a processed payment.
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Examples of Chargedback in a sentence

  • SYSTRAN shall have a continuing security interest in any and all of The ▇▇▇▇(s) which are Chargedback to the Customer.

  • It is within SYSTRAN’s discretion as to when The ▇▇▇▇(s) over such time periods may be Chargedback to Customer.

  • All of The ▇▇▇▇(s) may be Chargedback to Customer at any time after ninety (90) days for a Commercial Account and steamship companies, and sixty (60) days for Transportation Account(s) after the purchase date of The ▇▇▇▇(s) if not collected from Debtor within such period or at any time, if SYSTRAN determines, in its sole discretion, that The ▇▇▇▇(s) is not collectible.

  • If Publisher’s Account has not been credited with a valid, compensable Transaction that has not been Charged-back during any rolling, six consecutive calendar month period (“Dormant Account”), a dormant account fee at CJ’s then-current rate shall be applied to Publisher’s Account each calendar month that Publisher’s Account remains an open yet Dormant Account or until Your Account balance reaches a zero balance, at which time the Account shall become deactivated.

  • Seller shall maintain a reserve balance (the "Reserve Balance") equal to at least the sum of the following (the "Minimum Reserve Balance"): (i) the greater of (1) ten percent (10%) of the Face Amount of each such outstanding Eligible Client Account and (2) that portion of the Face Amount of such Eligible Client Account for which Greystone does not make an Advance hereunder, and (ii) 100% of the Face Amount of the outstanding Accounts which are not Eligible Client Accounts (other than Chargedback Accounts).

  • The following shall be charged to the Reserve Balance and disclosed on monthly statements: (i) all Advances, Discounts, interest, fees, expenses and other indebtedness, liabilities and obligations owing by Seller to Greystone from time to time under this Agreement, and (ii) the amount of all Chargedback Accounts.

  • In the event that the SP provides Accounts Receivable for transactions associated with calls or programs that do not comply with applicable legal and regulatory requirements, those Accounts Receivable may be Rejected, or Chargedback and the ▇▇▇▇▇▇ may apply relevant charges pursuant to Articles 7 and 8.

  • Any chargeback of a Chargedback Account does not constitute a reassignment of such Account by Greystone to Seller.

  • All of The Bill(▇) may be Chargedback to Customer at any time after ninety (90) days for a Commercial Account and steamship companies, and sixty (60) days for Transportation Account(s) after the purchase date of The Bill(▇) if not collected from Debtor within such period or at any time, if SYSTRAN determines, in its sole discretion, that The Bill(▇) is not collectible.

  • Provider, together with Provider Authorized Processor(s), will continuously review its processes for Reversed or Charged-back Transactions for simplicity and efficiencies.

Related to Chargedback

  • Charged Amounts has the meaning assigned to such term in Section 9.19.

  • Charged Property means all of the assets of the Obligors which from time to time are, or are expressed to be, the subject of the Transaction Security.

  • Charged Assets means the assets and undertaking charged or to be charged to the Lender from time to time pursuant to the Security Documents;

  • Charged-Off Receivable means a Receivable: (i) as to which the Obligor thereof has taken any action, or suffered any event to occur, of the type described in Section 9.1(d) (as if references to Seller Party therein refer to such Obligor); (ii) as to which the Obligor thereof, if a natural person, is deceased, (iii) which, consistent with the Credit and Collection Policy, would be written off Seller’s books as uncollectible or (iv) which has been identified by Seller as uncollectible.

  • Charged-Off Loan means any Loan (i) that is 120 days past due with respect to any interest or principal payment, (ii) for which an Insolvency Event has occurred with respect to the related Obligor or (iii) that is or should be written off as uncollectible by the Servicer in accordance with the Credit and Collection Policy.