Conversion Margin definition

Conversion Margin means one hundred fifty basis points (1.50%) per annum.
View Source

Examples of Conversion Margin in a sentence

  • The Target Currency Conversion Margin can be amended from time to time by written mutual agreement.

  • With respect to any Foreign Transaction, it is understood that the increased Interchange cost attributable to the increase in the Purchase Amount by the Target Currency Conversion Margin shall be borne by the Merchant that submitted the particular Foreign Transaction.

  • Pursuant to this Amendment, the Target Currency Conversion Margin set in the Multi- Currency Agreement at [*] of the Purchase Amount of Foreign Transactions shall be increased to [*].

  • As described in Appendix V of the Multi-Currency Agreement, Processing and Other Revenue Fees, the Target Currency Conversion Margin with respect to the Program will be set by agreement between Planet Payment and the Acquirer.

  • In accordance with the terms of the Multi-Currency Agreement and this Amendment, Acquirer and Planet Payment shall share in equal amounts the additional Gross Fx Margin, earned on Visa Foreign Transactions, to the extent that the Target Currency Conversion Margin [*].

  • All Transactions received by Planet Payment involving Cards which are denominated in Approved Currencies will be converted by Planet Payment to the Approved Currency in which the particular Card is denominated at the conversion rate announced or published by the Approved Quotation Standard for the Approved Currency applicable on the date of the Transaction together with the applicable Target Currency Conversion Margin.

  • The Target Currency Conversion Margin with respect to Planet Payment Processing Services provided pursuant to this Addendum, Merchant Compensation and Referred Third-Party Acquirer Revenue, if any, with respect to any Referred Third-Party Acquirer will be set in accordance with the relevant Referred Third-Party Processing Agreement.

  • The Target Currency Conversion Margin with respect to the Program will be set by Agreement between Planet Payment and the Acquirer.

  • Otherwise agreed the Target Currency Conversion Margin at the time of signing this agreement shall [*] of the Purchase Amount for Foreign Transactions which can be amended from time to time on written mutual agreement.

  • If the Target Currency Conversion Margin is less , then the Planet Payment Revenue may be changed upon mutual agreement but in the absence of such agreement, shall continue as set forth in this paragraph.

Related to Conversion Margin

  • Applicable Margin means, with respect to Advances of any Type at any time, the percentage rate per annum which is applicable at such time with respect to Advances of such Type as set forth in the Pricing Schedule.

  • LIBOR Applicable Margin means, as of any date with respect to any LIBOR Interest Period, the Applicable Margin in effect for such LIBOR Interest Period as determined in accordance with Section 2.4 hereof.

  • Conversion Percentage means, (A) the number of Class B Ordinary Shares being converted, divided by (B) the total number of Class B Ordinary Shares issued and outstanding (i.e. up to 1,000).

  • Applicable Margins means collectively the Applicable L/C Margin, the Applicable Revolver Index Margin, the Applicable Term Loan Index Margin, the Applicable Revolver LIBOR Margin and the Applicable Term Loan LIBOR Margin.

  • Applicable Eurodollar Rate Margin means, for each Pricing Period, the interest rate margin set forth below (expressed in basis points per annum) opposite the Applicable Pricing Level for that Pricing Period: