Merchant Agent definition

Merchant Agent means a Person who is authorised by the Merchant to accept and process a Card on its behalf in respect of the Unit/Vehicle whose Registration Number appears on the Cards and/or to issue an invoice in respect of Goods and Services.
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Examples of Merchant Agent in a sentence

  • The Customer is responsible for maintaining the confidentiality of a PIN and agrees not to disclose the PIN to anyone, including any Merchant Agent or employee of NCB or anyone claiming to represent NCB or NCB Customer Care Centre or to someone giving assistance on a technical helpdesk in connection with the service.

  • Merchant, Agent, and at its election, GECC, shall each have representatives present during the Inventory Taking, and shall each have the right to review and verify the listing and tabulation of the Inventory Taking Service.

  • If requested by Merchant, Agent shall advertise in the context of advertising for the Sale that FF&E at the Stores are for sale, and shall contact and solicit known purchasers and dealers of furniture and fixtures.

  • The Bank does not have Knowledge of any fraud by, or the bankruptcy or contemplated bankruptcy of, any Merchant, Agent Bank or any other party or guarantor to any of the Merchant Agreements or the Agent Bank Agreements, and has not received any notice of default or adverse comment from any regulatory authority in respect of any Merchant or any Agent Bank.

  • Schedule 6.11 contains a true, correct and complete list of all (i) leases (including any capital leases) and lease purchase arrangements pursuant to which the Bank leases real or personal property related to the Merchant Business from others, and (ii) lease, rental and lease purchase arrangements pursuant to which the Bank leases property to any Merchant, Agent Bank, or other party in connection with the Merchant Business.

  • Except as set forth on Schedule 6.5(a)(v), Seller has not given notice of its election to terminate any of the Merchant Agreements, Agent Bank Agreements, ISO Agreements or Related Agreements included in the Transferred Assets, and Seller has not received written notice from any Merchant, Agent Bank, Independent Sales Organization or Related Party of its election to terminate any of the Merchant Agreements, Agent Bank Agreements, ISO Agreements or Related Agreements included with the Transferred Assets.

  • If requested by Merchant, Agent shall prepare weekly reports including, without limitation, reports that comply with the Merchant's current weekly cash reporting to its central office, reflecting the progress of the Sale which shall specify the Proceeds received to date.

  • To the extent that any Expenses of Sale are advanced by Merchant, Agent shall reimburse Merchant the total amount of same promptly following receipt of invoices therefor.

  • If requested by Merchant, Agent shall advertise in the context of advertising for the Sale that items of FF&E at the Stores are for sale, and shall contact and solicit known purchasers and dealers of furniture and fixtures.

  • The Bank does not have any Knowledge that the consummation of the transactions contemplated hereunder will have any material adverse effect on the business relationship of the Bank with any Merchant, Agent Bank or ISO.