DCRS Rules definition
DCRS Rules means the rules set forth in Section 1.6.E of the applicable version of the Visa International Operating Regulations, together with Visa’s published methodology for applying and construing such rules and with any other standard Visa methodology for applying and construing such rules that is not inconsistent with such rules or such published methodology.
Examples of DCRS Rules in a sentence
Visa has imposed on and collected from the HPS Acquirers the Fines and has made a preliminary determination that the HPS Acquirers are liable to Visa under the ADCR Rules in the estimated amount of $131,347,319.41 (the “Preliminary ADCR Liability Amount”) and under the DCRS Rules in the estimated amount of $12,717,838.19 (the “Preliminary DCRS Liability Amount”).
The final liability amount of the HPS Acquirers under the DCRS Rules by reason of the HPS Intrusion (the “Final DCRS Liability Amount”) will be an amount that does not exceed $5,140,550.20, which constitutes 40.42% of the Preliminary DCRS Liability Amount (such not-to-exceed amount being defined herein as the “DCRS Settlement Liability Amount”).