Tyro definition
Examples of Tyro in a sentence
To the extent that the funds in your Tyro Bank Account or Linked Account are insufficient to repay us in full, you authorise us to debit the available balance in those accounts and apply it to any amount that forms part of the Total Repayment Amount and is due to us and unpaid and acknowledge that the residual amount payable will be a debt due and payable by you to us.
Where there are one or more Tyro Terminals issued to you in respect of different business locations, you authorise us to deduct the Repayment % of the total dollar value of all Transactions processed by you from any or all Terminals and Tyro eCommerce until the Total Repayment Amount is paid in full.
If your repayments during the 90 day period (based on the Repayment %) are less than the minimum repayment, you authorise us to debit the balance required to make up the minimum repayment from your Tyro Bank Account or Linked Account without notice.
You must ensure that the Tyro Bank Account or Linked Account is open and contains enough money to cover your minimum repayments.
In addition to any minimum repayments that are missed, you authorise us to debit from your Tyro Bank Account or Linked Account any other amounts which are owing by you under or in connection with the Loan (including any Taxes).
We do not warrant that the Tyro EFTPOS Facility or any Third Party Sites will work on your hardware, with your operating systems, or with any other software installed on your computers.
If we receive notice or become aware that your ABN is no longer current or valid, we will immediately suspend the Tyro Services provided to you without notice in accordance with clause 31.0. We will only remove a suspension on the Tyro Services provided to you where we are provided with evidence that you have a valid and current ABN.
You are solely responsible for providing support to your customers for all issues relating to the products and services that you sell and the Transactions you process using the Tyro EFTPOS Facility.
We recognise the importance of respecting the privacy of those who visit our websites and use our products and services, including the Tyro EFTPOS Facility.
We may discontinue, modify, or change the Tyro EFTPOS Facility or the Tyro Services, at any time with three (3) months’ notice in advance.