Merchant Portfolio definition

Merchant Portfolio means a portfolio of merchant contracts.
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Merchant Portfolio shall have the meaning set forth in the Recitals to this Agreement.
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Merchant Portfolio means the aggregate of Approved Merchants participating in the Program pursuant to this Agreement and all additional Merchants in a Subsequently Acquired Portfolio which are approved by SERVICERS to participate in the Program pursuant to this Agreement and whose contract for Transaction processing and settlement services with another Member has been assigned to SERVICERS.
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Examples of Merchant Portfolio in a sentence

  • IPAYMENT shall be responsible for initiating a transfer of the BINs and ICAs for the Merchants in Merchant Portfolio to another Member, for providing any and all information, documents or materials as may be necessary to effectuate the transfer and addressing any information requests from VISA or MasterCard.

  • For the avoidance of doubt, the parties acknowledge and agree that all Merchant information is the Confidential Information of ISO and (i) may not be used by SERVICERS for any purpose other than to provide the services contemplated hereunder during the term of this Agreement and thereafter, and (ii) will not be used by SERVICERS, directly or indirectly, to solicit any Merchants in the Merchant Portfolio.

  • There is no litigation or arbitration, and no inquiry or investigation by any governmental authority, pending or, to the best of Transferor's knowledge, threatened, against Transferor in connection with the Merchant Portfolio or any Purchased Assets, or the assignment and transfer of the Purchased Assets pursuant hereto.

  • Notwithstanding anything in this Section 11.9 to the contrary, upon completion of a transfer of the BINs and ICAs for the Merchant Portfolio to another VISA and MasterCard Member pursuant to Section 10 in connection with a Program Transfer, SERVICERS shall review the amount of the Termination Reserve Account and adjust the amount of such to reflect the risk of Loss.

  • Exhibit A contains a complete and accurate list of all Merchants in the Merchant Portfolio.

  • ISO shall be responsible for all credit and fraud losses associated with the Merchant Portfolio or the Program, regardless of any services or assistance that may be provided by SERVICERS.

  • Transferor hereby agrees to use its reasonable best efforts to obtain, and TransFirst shall cooperate in good faith to assist in obtaining, any consent or waiver required to assign to the Buyer Parties all rights, benefits and interests under each Merchant Agreement that is part of the Merchant Portfolio.


More Definitions of Merchant Portfolio

Merchant Portfolio means the group of approved Merchants participating in the Merchant Program pursuant to this Agreement.
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Merchant Portfolio means a portfolio of contracts for credit card servicing transactions with merchants or an economic interest therein.
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Merchant Portfolio means a base or group of Approved Merchants participating in the processing service pursuant to Merchant Processing Agreements and this Agreement or otherwise made a part of the Processing Service.
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Merchant Portfolio means the group of Approved Merchants participating in the Program pursuant to this Agreement. “Merchant Processing Policy” shall mean the merchant policy, guidelines and standards established by SERVICERS under which SERVICERS will enter into a Merchant Processing Agreement with a Merchant as it may be modified by SERVICERS in their discretion from time to time during the term of this Agreement. Attached as Exhibit B is a list of certain categories of Merchants who are always unacceptable under the Merchant Processing Policy, along with a summary of other policy guidelines and standards. “Merchant Processing Agreement” shall mean a written agreement among ISO, Bank and an Approved Merchant that governs the Approved Merchant’s participation in the Program, as provided by and/or approved by SERVICERS and ISO. ISO shall cease its use of any form of Merchant Processing Agreement that becomes unacceptable to SERVICERS within ninety (90) days of receipt of written notice from SERVICERS or such shorter period of time as may be required to comply with the Rules or to prevent a loss to SERVICERS. For the avoidance of doubt, ISO shall be responsible for effecting any necessary and appropriate amendments to the Merchant Processing Agreement that may become necessary as a result of subsequent amendments to the Rules or SERVICERS’ requirements. In the event a Merchant refuses to consent to any such amendment during the applicable ninety (90) day period, ISO will notify SERVICERS,
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Merchant Portfolio means the provision of services to, and agreements with, any acquiring bank, originating depository financial institution, merchant or any other person that authorizes (i) credit or debit card transactions from a card association card holder, (ii) ACH transactions, (iii) Check21 transactions or (iv) gift and loyalty card transactions, or the referring of any merchants or any of the foregoing persons to any person conducting such transactions (including any rights to receive residual fees and any other assets related to such merchant portfolios or used or useful in such business).
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Related to Merchant Portfolio

  • Current Portfolio At any time, the portfolio of Collateral Obligations and Cash and Eligible Investments representing Principal Proceeds (determined in accordance with Section 1.3 to the extent applicable), then held by the Issuer.

  • Investment Portfolio means invested assets (including cash and cash equivalents, short-term investments, bonds or other fixed income securities and equity investments).

  • Discretionary Portfolio Management Services means the portfolio management services rendered to the Client by the Portfolio Manager on the terms and conditions contained in the agreement, where under the Portfolio Manager exercises any degree of discretion in the investments or management of assets of the Client.

  • Servicing Portfolio means, as to any Person, the unpaid principal balance of Mortgage Loans serviced by that Person under Servicing Contracts, minus the principal balance of all Mortgage Loans that are serviced by that Person for others under subservicing arrangements.

  • Portfolio Data means the Key Terms in relation to all outstanding Trades between you and us in a form and standard that is capable of being reconciled. The information comprising the Portfolio Data for Portfolio Data Delivery Date will be prepared as at the close of business New York time on the immediately preceding Business Day.

  • Portfolio means any account, trust or other investment vehicle (except "Fund") over which the Firm has investment management discretion.

  • Collateral Portfolio means all right, title, and interest (whether now owned or hereafter acquired or arising, and wherever located) of the Borrower in the property identified below in clauses (i) through (iv) and all accounts, cash and currency, chattel paper, tangible chattel paper, electronic chattel paper, copyrights, copyright licenses, equipment, fixtures, contract rights, general intangibles, instruments, certificates of deposit, certificated securities, uncertificated securities, financial assets, securities entitlements, commercial tort claims, deposit accounts, inventory, investment property, letter-of-credit rights, software, supporting obligations, accessions, or other property consisting of, arising out of, or related to any of the following (in each case excluding the Retained Interest and the Excluded Amounts):

  • Financial Futures Contract means the firm commitment to buy or sell fixed income securities including, without limitation, U.S. Treasury Bills, U.S. Treasury Notes, U.S. Treasury Bonds, domestic bank certificates of deposit, and Eurodollar certificates of deposit, during a specified month at an agreed upon price.

  • Originating LEA An LEA who originally executes the DPA in its entirety with the Provider. Provider: For purposes of the DPA, the term “Provider” means provider of digital educational software or services, including cloud-based services, for the digital storage, management, and retrieval of Student Data. Within the DPA the term “Provider” includes the term “Third Party” and the term “Operator” as used in applicable state statutes. Student Generated Content: The term “student-generated content” means materials or content created by a student in the services including, but not limited to, essays, research reports, portfolios, creative writing, music or other audio files, photographs, videos, and account information that enables ongoing ownership of student content.

  • California Renewables Portfolio Standard means the renewable energy program and policies established by California State Senate Bills 1038 and 1078 as amended by Senate Bill SB1X, and codified in California Public Utilities Code Sections 399.11 through 399.31 and California Public Resources Code Sections 25740 through 25751, as such provisions are amended or supplemented from time to time.

  • Non-Discretionary Portfolio Management Services means a portfolio management services under which the Portfolio Manager, subject to express prior instructions issued by the Client from time to time in writing, for an agreed fee structure and for a definite described period, invests in respect of the Client’s account in any type of security entirely at the Client’s risk and ensure that all benefits accrue to the Client’s Portfolio.

  • Portfolio Asset means an asset of an investment fund;

  • portfolio adviser means a person or company that provides investment advice or portfolio management services under a contract with the investment fund or with the manager of the investment fund;

  • Portfolio Assets means the portion of the net assets of the Fund managed by the Sub-Adviser pursuant to the following investment strategy as agreed to by the Adviser and the Sub-Adviser in a separately negotiated investment mandate: Emerging Markets (each a “Strategy”).

  • Portfolio Management Services means management of the investment and reinvestment of the assets belonging to the Series, consisting specifically of the following:

  • originating goods means goods that qualify as originating in accordance with the relevant provisions of Chapter 4;

  • Off-vehicle charging hybrid electric vehicle (OVC-HEV) means a hybrid electric vehicle that can be charged from an external source.

  • Energy efficiency portfolio standard means a requirement to

  • Third Party Originating Carrier means a Telecommunications Carrier that originates Transit Traffic that transits AT&T-TSP’s network and is delivered to CLEC.

  • Renewable Portfolio Standard or “RPS” means a state or federal law, rule or regulation that requires a stated amount or minimum proportion or quantity of electricity that is sold or used by specified persons to be generated from Renewable Energy Sources.

  • Credit Risk Management Fee The amount payable to the Credit Risk Manager on each Distribution Date as compensation for all services rendered by it in the exercise and performance of any and all powers and duties of the Credit Risk Manager under the Credit Risk Management Agreements, which amount shall equal one twelfth of the product of (i) the Credit Risk Management Fee Rate multiplied by (ii) the Stated Principal Balance of the Mortgage Loans and any related REO Properties as of the first day of the related Due Period.

  • Credit Risk Manager Fee The fee payable to the Credit Risk Manager on each Distribution Date for its services as Credit Risk Manager, in an amount equal to one-twelfth of the Credit Risk Manager Fee Rate multiplied by the Stated Principal Balance of the Mortgage Loans immediately prior to such Distribution Date. Credit Risk Manager Fee Rate: 0.0165% per annum.