Credit Card Processor definition
Credit Card Processor means any servicing or processing agent or any factor or financial intermediary who facilitates, services, processes or manages the credit authorization, billing transfer and/or payment procedures with respect to any Borrower’s sales transactions involving credit card or debit card purchases by customers using credit cards or debit cards issued by any Credit Card Issuer.
Credit Card Processor means any servicing or processing agent or any factor or financial intermediary who facilitates, services, processes or manages the credit authorization, billing transfer and/or payment procedures with respect to the Borrower’s sales transactions involving credit card or debit card purchases by customers using credit cards or debit cards issued by any Credit Card Issuer.
Credit Card Processor means a Person that provides credit card processing services for any merchant.
Examples of Credit Card Processor in a sentence
Concurrently with the delivery of each regularly scheduled Borrowing Base Report, a detailed aging of the Borrowers’ Credit Card Receivables prepared in a manner acceptable to the Administrative Agent, including a downloaded batch file reconciliation which shall include the date the batch was submitted for the sales and the date the Credit Card Issuer or Credit Card Processor settled.
The Loan Parties shall not enter into any agreements with any Credit Card Processors that are obligated in respect of Credit Card Receivables that are or will be Eligible Credit Card Receivables, unless a Credit Card Notification shall have been executed and delivered to the applicable Credit Card Processor and to the Administrative Agent.
More Definitions of Credit Card Processor
Credit Card Processor any of the credit card processors or clearinghouses listed on Schedule 1.1(c), and any other credit card processor or clearinghouse reasonably acceptable to the Administrative Agent.
Credit Card Processor means any servicing or processing agent or any factor or financial intermediary who facilitates, services, processes or manages the credit authorization, billing transfer and/or payment procedures with respect to any Borrower’s sales transactions involving credit card or debit card purchases by customers using credit cards or debit cards issued by any Credit Card Issuer. For the avoidance of doubt, Paypal Inc. shall be a Credit Card Processor for all purposes under this Agreement and the other Loan Documents.
Credit Card Processor means a company that provides computer processing and communication services to supply connectivity to the various card associations and banks for authorization and settlement of credit card transactions. SHIFT4 is considered a Processor (if the capability is requested) to American Express, and for SHIFT4’s own gift card product, It’s Your Card. Shift4 is also considered a Processor for those merchants who enter into a Merchant Transaction Processing Agreement with Shift4 Payments, LLC.
Credit Card Processor. Any Person which acts as a credit card clearinghouse or processor or credit car payments accepted by Borrowers.
Credit Card Processor means any of the credit card processors or clearinghouses listed on Schedule 1.01(H) (as attached hereto by the Borrower as of the Closing Date) and any other credit card processor or clearinghouse identified by the Borrower to the Administrative Agent from time to time.
Credit Card Processor any servicing or processing agent or any factor or financial intermediary who facilitates, services, processes or manages the credit authorization, billing transfer and/or payment procedures with respect to any Obligor’s sales transactions involving credit card or debit card purchases by customers using credit cards or debit cards issued by any Credit Card Issuer. CWA: the Clean Water Act (33 U.S.C. §§ 1251 et seq.).
Credit Card Processor the organization that has contracted with an acquiring bank to process transactions on behalf of NT. All credit card payments are processed through UAB Simplex Payment Services (Simplex).