CPC-NACV definition

CPC-NACV means, with respect to any Contract Year, (i) the aggregate amount of Charges incurred (and invoiced on the applicable billing cycle dates occurring) during such Contract Year on the CPC Accounts issued in the United States pursuant to the Agreement (excludes any volume related to your participation in our Buyer Initiated Payments Program), minus
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Examples of CPC-NACV in a sentence

  • Company understands and agrees that American Express is bound by confidentiality terms under its agreements with other E&I Members and therefore will not disclose any other E&I Member’s CPC-NACV to Company.

  • Additionally, in the event you are eligible to receive a Financial Incentive for any Contract Year, your Financial Incentive may be increased based on your individual CPC-NACV in that Contract Year as set forth in Section II 1(b) below.

  • Unless otherwise stated in this Financial Appendix, in order for you to be eligible to receive any Financial Incentive for any Contract Year, (a) the Aggregate E&I Member CPC-NACV must be at least US $75,000,000 for such Contract Year, and (b) Company must achieve a CHD Performance that is equal to or less than twenty (20) days on the CPC Account for such Contract Year.

  • Transaction privilege taxes apply to the sale and are the responsibility of the seller to remit.

  • Company agrees that the Aggregate E&I Member CPC-NACV for each Contract Year shall be calculated solely by American Express.

  • For the avoidance of doubt, the CPC-NACV of all E&I Members for any Contract Year shall only be aggregated for the purposes of determining the Base Incentive Rate that will be used for such Contract Year to calculate your Base Incentive Amount.

Related to CPC-NACV

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