Payment Processor(s) definition
Examples of Payment Processor(s) in a sentence
The Seller hereby directs the Servicer to instruct all Payment Processors to remit all payments of all Pool Receivables received by such Payment Processors to one or more Collection Accounts or Lock-Boxes.
The Lock-Boxes set forth on Exhibit F are the only addresses to which Obligors and Payment Processors of Pool Receivables are directed to make payment.
The names and addresses of all Payment Processors and Deposit Account Banks, together with the account numbers of the Deposit Accounts and associated Lock-Box numbers are as specified in Exhibit F.
Such Originator hereby directs the Servicer to, or to cause each Payment Processor to, instruct, all Obligors to make payments of all Sold Receivables to one or more Collection Accounts or Lock-Boxes or Payment Processors.
Each Originator agrees to (i) direct, or cause each Payment Processor to direct, its respective Obligors to make payments of Receivables sold, contributed or otherwise conveyed or purported to be conveyed by it hereunder to one or more Collection Accounts or Lock-Boxes or Payment Processors and (ii) direct each Payment Processor to remit all payments of Receivables sold, contributed or otherwise conveyed or purported to be conveyed by it hereunder to one or more Collection Accounts or Lock-Boxes.
Such Originator hereby directs the Servicer to instruct all Payment Processors to remit all payments of all Sold Receivables to one or more Collection Accounts or Lock-Boxes.
The Seller hereby directs the Servicer to instruct all Obligors to make payments of all Pool Receivables to one or more Collection Accounts or Lock-Boxes or Payment Processors.
The Deposit Accounts set forth on Exhibit F are the only accounts to which Obligors or Payment Processors remit Collections of Pool Receivables by wire transfer or electronic funds transfer.
Chargeback requests for Products $10 or more will be handled in accordance with the Payment Processor's standard policy.
The Seller hereby directs the Servicer to instruct all Obligors to make payments of all Pool Receivables to (A) one or more Collection Accounts or Lock-Boxes or Payment Processors or (B) so long as each of the Exception Account Conditions are satisfied, an Exception Account.