Interchange Fees definition
Interchange Fees means, in respect of a day, the aggregate of Mastercard Interchange Fees, Visa Interchange Fees and Other Interchange Fees in respect of such day, in each case as the basis for calculating the same may be adjusted from time to time in accordance with the Pooling and Servicing Agreement.
Interchange Fees means the aggregate amount of interchange fees paid or payable to CIBC by other financial institutions that clear transactions for merchants in respect of all Credit Card Accounts which are owned by CIBC as a credit card issuing financial institution and are Accounts.
Interchange Fees means the interchange fees or interchange reimbursement fees paid or payable to Bank by the Card Association with respect to the Accounts, in Bank’s capacity as a Credit Card issuer, and in connection with Cardholder usage of the Accounts.
Examples of Interchange Fees in a sentence
The proceeds of the Draws will be used solely to (i) fund payment of Interchange Fees and related obligations to Merchants arising in the ordinary course of business with respect to transactions consummated pursuant to Merchant Agreements, and (ii) for regulatory settlement requirements of the Borrower and its Restricted Subsidiaries.
More Definitions of Interchange Fees
Interchange Fees means the aggregate amount of interchange fees paid or payable to CIBC by other financial institutions that clear transactions for merchants in respect of all Credit Card Accounts which are owned by CIBC as a credit card issuing financial institution and designated by CIBC from time to time and notified in writing to the Custodian (which Credit Card Accounts, for greater certainty, continue to be the Credit Card Accounts comprising the Designated Portfolios including the Accounts).
Interchange Fees means fees payable by a merchant to a credit card issuer with respect to Processing Transactions.
Interchange Fees means interchange fees (i.e. fees related to purchase transactions of goods and/or services) paid or payable by or through merchant acceptance networks, including Discover Financial Services, Inc., to Discover Bank or an Additional Seller in connection with transactions on Discover Card accounts or, in the case of any Additional Seller, other accounts of a type included in the Trust, at rates to be agreed on from time to time between Discover Bank or such Additional Seller and such merchant acceptance networks.
Interchange Fees means the fees paid in connection with the exchange of Credit Card transactions between Card Association members pursuant to the Card Association’s rules, regulations or other determinations or findings.
Interchange Fees means certain fees payable to the Seller in its capacity as credit card issuer for clearing transactions arising under Mastercard credit card accounts, Canadian Tire credit card accounts and Other Credit Card Accounts, as the rate or percentages used to calculate such fees may be changed from time to time by the Seller;
Interchange Fees means, in respect of a day, the aggregate of MasterCard Interchange Fees, VISA Interchange Fees and Other Interchange Fees in respect of such day, provided that on the date hereof, Interchange Fees shall mean the aggregate of MasterCard Interchange Fees, VISA Interchange Fees and Other Interchange Fees in respect of the period from October 1, 2009 to the date hereof inclusive, in each case as the basis for calculating the same may be adjusted from time to time in accordance with Section 2.10;
Interchange Fees means the interchange fees or interchange reimbursement fees paid or payable to the Bank by the Card Association with respect to the Accounts, in the Bank's capacity as a Credit Card issuer, and in connection with Cardholder usage of the Accounts.