PayPal Net TPV definition
Examples of PayPal Net TPV in a sentence
No later than three (3) business days following the end of each Month and each Quarter during the Term, the Parties shall calculate the PayPal Net TPV of eBay Properties for such Month or Quarter, as applicable, completed through the Credit Services and the resulting Credit Usage Fee.
Within thirty (30) days following the end of each Calendar Year during the Term, PayPal shall deliver to eBay a statement that contains (A) a calculation of the Aggregate Quarterly Fee payable by eBay or PayPal, as applicable, for such Calendar Year, including each of the component fees, and (B) the PayPal Net TPV Off eBay for the most recently completed fiscal year (each such statement and associated information, an “Annual Statement”).