Payment Processing Agreement definition
Examples of Payment Processing Agreement in a sentence
In accordance with the provisions of this CEA, Acquirer may terminate its provision of credit and debit card processing services and enforce any of the provisions of Merchant’s PayPal Payment Processing Agreement (also known as the PayPal User Agreement) ("PPA"), agreed by and between Merchant and PayPal.
Our liability to you shall be governed by the Payment Processing Agreement.
The Operating Companies may add or replace Payment Processors and Credit Card Issuers to the extent permitted under the terms of the Master Agency Agreement; provided that the applicable Payment Processor, the applicable Operating Companies and the Borrower enter into a Payment Processing Agreement that provides for such rights for the Borrower and the Agent as are set forth in the Existing Payment Processor Agreements (substantially consistent with the Processing Agreement Amendments) ceteris paribus.
In accordance with the provisions of this CEA, Acquirer mayterminate its provision of credit and debit card processing services and enforce anyof the provisions of Merchant’s PayPal Payment Processing Agreement (also known as the PayPal User Agreement) (“PPA”), agreed byand between Merchant and PayPal.
Whether or not a Cash Dominion Event has occurred and is continuing, the Borrower shall cause each Payment Processor to pay all Payment Processing Accounts Receivable made under the applicable Payment Processing Agreement by ACH or wire transfer directly into a SPE Proceeds Account.
If you entered this Agreement in conjunction with a Marketing 360 Payment Processing Agreement, the Company may have agreed to discount your monthly marketing payment to offset the $25 M360 Payments Program Fee.
The terms governing the use of the service known as PayPal Website Payments Pro as displayed in the online registration process allowing customers to sign up electronically to the PayPal Website Payments Pro products and services, as such agreement is amended in accordance with clause 5.3 of Addendum 1 of the Payment Processing Agreement.
The responsibilities listed above do not supersede terms of the Payment Processing Agreement and are provided to ensure Merchant understands some important obligations of each party.
Each Facility Party shall notify and instruct each Lessee that all payments due or to become due under each Portfolio Lease (except for Excepted Payments (which shall be payable to the Persons for whose benefit any such payment is made)) or otherwise in respect of amounts and other receivables of the Borrower are to be made directly to the GLC Payment Processing Account (or, after the occurrence of the GLC Payment Processing Agreement Severance, the Collection Account).
The amounts owed by the Payment Processor to you (minus any Refunds and Chargebacks) shall be settled and paid to you by BACS in accordance with the terms of the Payment Processing Agreement.