Merchant Facilities definition
Examples of Merchant Facilities in a sentence
The terms and conditions under which a PTO, an Affiliate of a PTO, or any other entity grants authority over any Merchant Facilities to the ISO shall not be governed by this Agreement, it being understood that such entities shall enter into operating agreements relating to their Merchant Facilities directly with the ISO in accordance with applicable provisions of the ISO OATT.
Nothing in this Agreement is intended to limit or expand the right of a PTO, the Affiliate of a PTO, or any other entity to propose, construct, or own Merchant Facilities interconnected to the New England Transmission System.
Nothing in the Agreement affects any existing arrangements we may have, nor does it restrict us from entering into any future arrangements with third parties to provide the Merchant Facilities in a similar capacity.
All the related banking charges incurred by the Company in effecting the payment will be borne by the Merchant, which is specified in the Merchant Facilities Agreement.
The terms and conditions under which NTD, an Affiliate of NTD or any other entity grants authority over any Merchant Facilities to the ISO shall not be governed by this Agreement, it being understood that NTD shall enter into operating agreements relating to its Merchant Facilities directly with the ISO in accordance with applicable provisions of the ISO OATT.
To remove any doubt and without limiting the generality of this provision, our services and Merchant Facilities are dependent on messaging, communications, processing and other systems which are subject to interruption or breakdown for a variety of reasons.
Collectively, all NTD Category A Facilities, NTD Category B Facilities, and NTD Local Area Facilities shall hereinafter be referred to as the “Transmission Facilities,” provided that “Transmission Facilities” shall not include Excluded Assets as defined in Section 2.04 of this Agreement or Merchant Facilities.
The Merchant Operating Guide includes procedures and other information you require for the day-to-day operation of the Merchant Facilities, including requirements set down under Nominated Card Scheme Regulations.
Nothing in this Agreement is intended to limit or expand the right of NTD, the Affiliate of NTD, or any other entity to propose, construct, or own Merchant Facilities interconnected to the New England Transmission System.
Agreement The Agreement between you and Bendigo Bank in relation to the provision of Merchant Facilities, made up of the documents in clause 2 of these Terms and Conditions.