Payment Services Agreement definition

Payment Services Agreement has the meaning given to that term in section 2 of this Payment Services Agreement.
Payment Services Agreement means any Payment Services Agreement between any Loan Party and any Payment Services Bank.
Payment Services Agreement means any Payment Services Agreement between any Loan Party and any Payment Services Bank. “Payment Services Bank” means any Person in its capacity as a party to a Payment Services Agreement in connection with a Supply Chain Financing, that, (a) at the time it enters into a Payment Services Agreement with a Loan Party, is a Lender or an Affiliate of a Lender, or (b) at the time it (or its Affiliate) becomes a Lender, is a party to a Payment Services Agreement with a Loan Party, in each case in its capacity as a party to such Payment Services Agreement (even if such Person ceases to be a Lender or such Person’s Affiliate ceased to be a Lender). “PBGC” means the Pension Benefit Guaranty Corporation. “Pension Act” means the Pension Protection Act of 2006, as amended. “Pension Funding Rules” means the rules of the Code and ERISA regarding minimum required contributions (including any installment payment thereof) to Pension Plans and set forth in Section 412, 430, 431, 432 and 436 of the Code and Sections 302, 303, 304 and 305 of ERISA. “Pension Plan” means any employee pension benefit plan (including a Multiple Employer Plan or a Multiemployer Plan) that is maintained or is contributed to by the Borrower and any ERISA Affiliate and is either covered by Title IV of ERISA or is subject to the minimum funding standards under Section 412 of the Code. “Permit” means any action, approval, consent, certificate, notice, filing, registration, waiver, exemption, variance, franchise, order, permit, authorization, right or license with, by, of or from a Governmental Authority. “Permitted Acquisition” means (x) any Acquisition of Permitted Assets or of any Person substantially all of whose direct or indirect assets are Permitted Assets or (y) (i) an Acquisition with a Cost of Acquisition of less than $10,000,000 by a Loan Party of a Target that meets the conditions set forth in clauses (a) and (c) below, (ii) an Acquisition with a Cost of Acquisition of less than $30,000,000 but greater than or equal to $10,000,000 (1) by a Loan Party of a Target that meets the conditions set forth in clauses (a), (c) and (e) below so long as the consideration given by any Loan Party or Subsidiary thereof in connection with such Acquisition is solely in the form of Equity Consideration or (2) by a Loan Party of a Target that meets the conditions set forth in

Examples of Payment Services Agreement in a sentence

  • Agreement has the meaning given to it in section 2 of this Payment Services Agreement.


More Definitions of Payment Services Agreement

Payment Services Agreement mean that certain Braintree Payment Services Agreement entered into between PayPal and Merchant, and any amendments and/or modifications thereof.
Payment Services Agreement the Agreement of National Bank of Greece (Cyprus) Ltd for the Provision of Payment Services, available at the Bank’s branches and on the Bank’s website, xxx.xxx.xxx.xx
Payment Services Agreement means an agreement between a Merchant and a Processor pursuant to which the latter agrees to process and settle the Card Transactions of the Merchant through Payment Networks.

Related to Payment Services Agreement

  • Construction Services Agreement (CSA) means the Construction Services Agreement, together with any duly authorized and executed amendments hereto.

  • Services Contract means an agreement for the provision of Services entered into with a Provider by one or more of the Partners in accordance with the relevant Individual Scheme. Service Users means those individual for whom the Partners have a responsibility to commission the Services. SOSH means the Secretary of State for Health.

  • payment service provider means a person whose business includes the provision of transfer of funds services;