Visa Interchange Fees definition

Visa Interchange Fees means, in respect of a day, the aggregate amount of fees paid or payable to the Seller on such day in respect of all Visa Accounts from other financial institutions that clear Visa transactions for merchants after any netting or set-off occurs; as the basis for calculating the same may be adjusted from time to time in accordance with the Pooling and Servicing Agreement.
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Visa Interchange Fees for any day, the aggregate amount of service fees and assessments payable at the close of business on such day to Visa Canada or Visa International in connection with Card transactions processed for CIBC Merchants.
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Visa Interchange Fees means, in respect of a day, the aggregate amount of fees paid or payable to the Seller on such day in respect of all Visa Accounts from other financial institutions that clear Visatransactions for merchants after any netting or set-off occurs; as the basis for calculating the same may be adjusted from time to time in accordance with the Pooling and Servicing Agreement.
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Examples of Visa Interchange Fees in a sentence

  • Because the Member Banks that were represented on the Visa Board of Directors were all members of MasterCard before the IPOs, and issued MasterCard Payment Cards, they had a profit motive to ensure that MasterCard Interchange Fees increased in step with Visa Interchange Fees.

  • The level of Visa Interchange Fees relative to Visa’s market capitalization makes this point.

  • Because the Member Banks that were represented on the MasterCard Board of Directors were virtually all members of Visa before the IPOs, they had a profit motive to ensure that Visa Interchange Fees increased in step with MasterCard Interchange Fees.

  • The trend towards uniformity in pricing among dual Visa and/or MasterCard Member Banks has also been facilitated and exacerbated because - before the IPOs - Visa Member Banks collectively fixed the Visa Interchange Fees and contemporaneously, acting as MasterCard members, collectively fixed the MasterCard Interchange Fees.

  • Visa’s uniform Operating Regulations (including Section 9.4 entitled “Interchange Reimbursement Fees), issued May 15, 2000, and Visa’s OpRegs (including Section 9.5), re-issued November 15, 2008, and other agreements pertaining to the fixing of Visa Interchange Fees and other anticompetitive restraints were adopted, ratified, agreed to and implemented by Defendants and their co-conspirators.

  • Negligible influence of an increased air injection rate on DR was observed forall flow geometries (Fukuda et al.

  • AFlat rate of 2.23 (includes Visa Assessment of 0.08 ) TOTAL: 2.23 plus applicable dues In the example above, the following dues are assessed by Visa whenever applicable: 0.40 Visa International Acquirer Service Fee (Multi-Currency POS)0.80 Visa International Acquirer Service Fee (Single Currency POS) ACOST PLUS PRICING EXAMPLE:In this example, a Visa Business -Recurring Credit Card with an Interchange Fee of 1.85 was used for payment (please refer to Visa Interchange Fees Table).

Related to Visa Interchange Fees

  • Interchange means the electronic exchange of Data between the Parties using the Adopted Protocol;

  • Processing Fees means all routine, generally applicable City-wide fees required by the City for processing applications and permits including, but not limited to, fees for land use applications, building applications, building permits, and certificates of occupancy.

  • Transaction Fees means fees paid or payable by the Service Recipients, which are on market terms, with respect to financial advisory services ordinarily carried out by investment banks in the context of mergers and acquisitions transactions;

  • Net Finance Charges means, for the Reference Period, the Finance Charges according to the latest Financial Report(s), after deducting any interest payable for that Reference Period to any member of the Group and any interest income relating to cash or cash equivalent investment.

  • Distributable Items means, as prescribed by CRD IV, the amount of the profits at the end of the last financial year plus any profits brought forward and reserves available for that purpose before distributions to holders of own funds instruments less any losses brought forward, profits which are non-distributable pursuant to provisions in legislation or the institution’s by-laws and sums placed to non-distributable reserves in accordance with applicable national law or the statutes of the institution, those losses and reserves being determined on the basis of the individual accounts of the institution and not on the basis of the consolidated accounts, or any successor provision thereto;

  • SLDC Charges means the charges levied by the SLDC of the state wherein the Solar Power Project is located;

  • Transition Expenses The reasonable costs (including reasonable attorneys’ fees) of the Backup Servicer incurred in connection with the transferring the servicing obligations under this Agreement and amending this Agreement to reflect such transfer in an amount not to exceed $100,000.

  • Administration Expenses Payment means the amount the Administrator will be paid from the Gross Settlement Amount to reimburse its reasonable fees and expenses in accordance with the Administrator’s “not to exceed” bid submitted to the Court in connection with Preliminary Approval of the Settlement.

  • Track Charges means the charges payable by or on behalf of the Train Operator to Network Rail, as set out in paragraph 1 of Part 2 of Schedule 7 or under the Traction Electricity Rules;

  • Disposable income means that part of the income due and payable of any individual remaining