Common use of Calculation of Revenue and Fees Clause in Contracts

Calculation of Revenue and Fees. On a monthly basis the Gross FX Margin, Merchant Compensation, Net FX Margin, Revenue Shares and Processing Fees (if any) earned in respect of Transactions processed during the previous month shall be calculated by Planet Payment in accordance with the provisions of this Agreement. Planet Payment shall provide all applicable Merchant activity and Transactions and the calculation of payments with respect thereto to Acquirer via P-WEB, within the timeframes reasonably required by Acquirer to coincide with its month-end billing cycle.

Appears in 4 contracts

Samples: Processing Agreement, Processing Agreement (Planet Payment Inc), Multi Currency Processing Agreement (Planet Payment Inc)

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