Chargebacks definition

Chargebacks means all credits, chargebacks, reimbursements, administrative fees and other financial obligations to wholesalers and other distributors, group purchasing organizations, insurers, Governmental Entity and other institutions related to the Product.

Chargebacks means chargebacks and similar payments to wholesalers and other distributors in connection with the Product.

Chargebacks means a Transaction that is reversed because the customer has successfully disputed the Transaction;

Examples of Chargebacks in a sentence

• ISO may, in its sole discretion, initiate litigation or bring a claim against Merchant and/or Guarantor for recovery of any Chargebacks or other collection matters ISO may have with Merchant related to this Merchant Agreement in the county and district or circuit courts located in Ingham County, Michigan so long as no other parties to this Agreement are included in the action.

• Processor and Member Bank will turn over the balance in the Reserve Account to Merchant after Processor reasonably determines that the risk of Chargebacks, Processing Fees or Merchant’s liabilities or obligations under the Merchant Agreement has ended and after deducting all amounts that Merchant owes to Processor and Member Bank under the Merchant Agreement or any other agreement.

• Any losses suffered by Member, Servicer or any Association Obligor on account of delay by Member or Servicer in processing Chargebacks shall be reimbursed by Carrier with respect to Chargebacks processed by Member or Servicer subsequent to cessation or substantial curtailment of flight operations of Carrier.

• Credit Card Chargebacks: NIC HI will make an initial effort to collect on all returned payments, credit card chargebacks, etc.

• If Merchant does not respond or responds late to a Retrieval Request, Merchant may be without recourse as Chargebacks for “non receipt of requested item” in most cases, cannot be reversed.

More Definitions of Chargebacks

Chargebacks has the meaning assigned to that term in the Sale Agreement.

Chargebacks means a demand by an Issuer or a Card Organization to be repaid a sum of money by Acquirer in respect of a Transaction which has been previously subject to Settlement and for which Acquirer have been paid by the relevant Card Organization.

Chargebacks may occur when an End-User Customer disputes a payment resulting in a full refund of a transaction together with associated fees being charged to Merchant, and mean the sum of (i) amounts assessed, withheld from or charged BlueSnap by an Acquirer to cancel, change, reverse, or otherwise in connection with previously settled payments and (ii) any related fees, fines, or penalties assessed, withheld, or charged to BlueSnap by an Acquirer. Merchant is liable in respect of all Chargebacks, Chargeback Fees, refunds, and all related fees relating to transactions processed on its behalf through BlueSnap. If the Chargeback ratio for a payment cycle exceeds the percentages and/or numbers set forth in BlueSnap’s Excessive Chargeback Management Program or in BlueSnap’s reasonable discretion such Chargeback ratio presents an increased risk, then in addition to bearing Chargeback processing and handling fees, BlueSnap reserves the right to enter Merchant into BlueSnap’s Excessive Chargeback Management Program, which will incur additional fees and restrictions with respect to Merchant’s account with BlueSnap. Merchant agrees to remain liable at all times for the Chargebacks of itself and/or its Third Party Referrers or other related entities permitted by this Agreement and that Chargebacks, Chargeback Fees, related fines, penalties and refunds including any Chargeback dispute fees shall be charged against Merchant’s account or reserves. Furthermore, there shall be no obligation upon BlueSnap to process Chargebacks or refunds that would lead to a negative balance on Merchant’s account. BlueSnap may withhold the amount of any Chargebacks that it reasonably believes may be made against Merchant so as to ensure that there are sufficient funds available to meet such liabilities.

Chargebacks means all chargebacks and all other credits and reimbursements, other than Rebates, to Customers with respect to the Product (whether relating to the Product sold prior to, on or after Closing Date).

Chargebacks. (i) In the event a Contract is returned to CLNY pursuant to a "Free Look" provision, the full B/D concession paid thereon or retained by Selling Firm pursuant to net submission of premium or purchased payments shall be charged back to Selling Firm. (ii) Should any premium or purchase payment on any Contract issued by CLNY be refunded for any reason, Selling Firm shall repay or return B/D Concession by it with respect to such premium or purchase payment. (iii) If a Contract was not issued as a result of failure by Selling Firm to submit to CLNY an application sufficient to satisfy state insurance laws or CLNY eligibility requirements then amounts paid to Selling Firm shall be returned or repaid. (iv) If a Contract was tendered to CLNY for redemption within ten business days of the date of activity then amounts paid to Selling Firm shall be returned or repaid, (v) For annuitizations within 6 months of issue, 100% of all B/D Concession paid to Selling Firm will be returned or repaid, offset by an amount from 1.25% to 3%, depending on the amount and duration of payout; and for annuitizations from months 7-12 after issue, 50% of all B/D Concession paid to Selling Firm shall be returned or repaid, offset by an amount from 1.25% to 3%, depending on the amount and duration of payout. For any premium or purchase payment that has been in the Contract for more than 12 months, there shall be no charge back on B/D Concession. To the extent permitted by law, the amount so charged back may, at the option of CLNY, be set off against B/D Concession otherwise due to Selling Firm. In addition, such other compensation will be payable as are from time to time agreed by the parties to the foregoing Agreement and which is in accordance with applicable law, and will be added to this Schedule.

Chargebacks means (a) any amount which an Acquired Entity may be required to pay back to any party purchasing retail paper, warranties, insurance or the like from the Acquired Entity, or (b) any amount which may be set-off or otherwise deducted from any amount due and owing to the Acquired Entity by any party purchasing retail paper, warranties, insurance or the like from the Acquired Entity.

Chargebacks means that an Advertiser or Creative Clicks may apply a debit to the Publisher’s account in circumstances of (i) duplicate entry or other clear error; (ii) non-bona fide Actions; (iii) non receipt of payment from, or refund of payment to an End-User by the Advertiser; or