TM Charge definition

TM Charge means the electronic payment processing system within the TM System that utilizes the global banking association networks to authorize electronic payment for purchases of Tickets to Attractions sold by Principal from the Facility Box Office as permitted under this Agreement.

Examples of TM Charge in a sentence

  • Ticketmaster distribution channels 2.8% of Face Value of Tickets plus any fees added to the Face Value Principal Sales using TM Charge 2.8% of Face Value of Tickets plus any fees added to the Face Value Any percentage rates set forth above are subject to automatic increase due to increases in the interbank rates imposed on Ticketmaster.

  • In the event that Principal desires to process any credit or debit cards other than Visa or MasterCard utilizing TM Charge, then the fees for such service shall be mutually agreed upon by Principal and such credit card companies, and Principal shall enter into its own merchant agreement with such credit card companies.

  • The fees charged to Principal for use of TM Charge are subject to automatic increases equal to any actual increases in Ticketmaster’s Processor fees.

  • Ticketmaster shall use its best efforts to ensure the accuracy of information transferred from the Processor via TM Charge, but Ticketmaster does not guarantee the accuracy and timeliness of such information.

  • Principal also agrees that, for operational and monitoring purposes, the Processor may provide Ticketmaster with processing and settlement reports related to sales of Tickets using TM Charge.

  • In connection with Principal’s sales of Tickets utilizing electronic payments and authorized via TM Charge using either Visa or MasterCard, Ticketmaster’s credit card processor (“Processor”) shall deduct the merchant fees in an amount set forth on Exhibit A for transactions processed on a daily basis.

  • Ticketmaster shall transmit data relating to Ticket sales made by Principal using TM Charge to Ticketmaster’s credit card processor, provided Ticketmaster has received Principal’s merchant number(s) and other necessary information for Ticketmaster to use for the transmission of sales data.

  • In the event that Ticketmaster elects to use a different Processor, Principal shall enter into an agreement with such new Processor if Principal desires to continue utilizing TM Charge, it being acknowledged and agreed by Principal, however, that use of certain Software (e.g., AccountManager) may require utilization of TM Charge.

Related to TM Charge

  • Room charge means the charge imposed for the use or occupancy of a room, excluding charges for food, beverages, state use tax, telephone service, or like services paid in connection with the room charge, and reimbursement of the assessment as allowed in section 6.

  • Monthly Charge shall have the meaning set forth in Article 5.

  • Service Charge means the amount charged for making a service available on line and is in addition to the actual fee for a service itself. For example, one who renews a license on line will pay the license renewal fee and a service charge.

  • No Charge Bid When Bids are requested on a number of Products as a Group or Lot, a Bidder desiring to Bid “no charge” on a Product in the Group or Lot must clearly indicate such. Otherwise, such Bid may be considered incomplete and be rejected, in whole or in part, at the discretion of the Commissioner.

  • User charge means a charge imposed on airlines for the provision of airport, air navigation, or aviation security facilities or services including related services and facilities.