Common use of Foreign Transactions Clause in Contracts

Foreign Transactions. For transactions initiated in foreign currencies, the exchange rate between the transaction currency and the billing currency (U.S. dollars) will be: (a) a rate selected by MasterCard from the range of rates available in wholesale currency markets for the applicable central processing date, which rate may vary from the rate MasterCard itself receives; or (b) the government-mandated rate in effect for the applicable central processing date. In each instance You will be charged 8/10th of 1.00% calculated on the final settlement amount for transactions that are initiated in foreign countries, and if your transaction is also initiated in a foreign currency You will be charged an additional 2/10th of 1.00% calculated on the final converted settlement amount.

Appears in 3 contracts

Samples: Agreements and Disclosures, Membership Agreements, Membership Agreements

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Foreign Transactions. For transactions initiated in foreign currencies, the exchange rate between the transaction currency and the billing currency (U.S. dollarsDollars) will be: (a) a rate selected by MasterCard from the range of rates available in wholesale currency markets for the applicable central processing date, which rate may vary from the rate MasterCard itself receives; or (b) the government-government- mandated rate in effect for the applicable central processing date. In each instance You will be charged 8/10th 9/10th of 1.00% calculated on the final settlement amount for transactions that are initiated in foreign countries, and if your Your transaction is also initiated in a foreign currency You will be charged an additional 2/10th of 1.00% calculated on the final converted settlement amount.

Appears in 3 contracts

Samples: Membership Agreements, Membership Application & Agreement, Membership Agreements

Foreign Transactions. For transactions initiated in foreign currencies, the exchange rate between the transaction currency and the billing currency (U.S. dollars) will be: (a) a rate selected by MasterCard from the range of rates available in wholesale currency markets for the applicable central processing date, which rate may vary from the rate MasterCard itself receives; or (b) the government-mandated rate in effect for the applicable central processing date. In each instance You will be charged 8/10th 9/10ths of 1.00% calculated on the final settlement amount for transactions that are initiated in foreign countries, and if your Your transaction is also initiated in a foreign currency You will be charged an additional 2/10th 2/10ths of 1.00% calculated on the final converted settlement amount.

Appears in 2 contracts

Samples: Membership Agreement, Membership Agreement

Foreign Transactions. For transactions initiated in foreign currencies, the exchange rate between the transaction currency and the billing currency (U.S. currency(U.S. dollars) will be: (a) a rate selected by MasterCard the card association from the range of rates available in wholesale currency markets for the applicable central processing date, which rate may vary from the rate MasterCard the card association itself receives; or (b) the government-mandated rate in effect for the applicable central processing date. In each instance For transactions that are initiated in foreign countries You will be charged 8/10th 8/10ths of 1.00% calculated on the final settlement amount for transactions that are initiated in foreign countriesamount, and if your Your transaction is also initiated in a foreign currency You currencyYou will be charged an additional 2/10th 2/10ths of 1.00% calculated on the final converted settlement amount.

Appears in 2 contracts

Samples: Membership Agreements, Membership Agreements

Foreign Transactions. For transactions initiated in foreign currencies, the exchange rate between the transaction currency and the billing currency (U.S. dollarsDollars) will be: (a) a rate selected by MasterCard from the range of rates available in wholesale currency markets for the applicable central processing date, which rate may vary from the rate MasterCard itself receives; or (b) the government-mandated rate in effect for the applicable central processing date. In each instance You will be charged 8/10th 9/10th of 1.00% calculated on the final settlement amount for transactions that are initiated in foreign countries, and if your Your transaction is also initiated in a foreign currency You will be charged an additional 2/10th of 1.00% calculated on the final converted settlement amount.

Appears in 2 contracts

Samples: Agreements and Disclosures, Agreements and Disclosures

Foreign Transactions. For transactions initiated in foreign currencies, the exchange rate between the transaction currency and the billing currency (U.S. dollars) will be: (a) a rate selected by MasterCard from the range of rates available in wholesale currency markets for the applicable central processing date, which rate may vary from the rate MasterCard itself receives; or (b) the government-government- mandated rate in effect for the applicable central processing date. In each instance You will be charged 8/10th of 1.00% calculated on the final settlement amount for transactions that are initiated in foreign countries, and if your Your transaction is also initiated in a foreign currency You will be charged an additional 2/10th of 1.00% calculated on the final converted settlement amount.

Appears in 2 contracts

Samples: Agreements and Disclosures, Agreements and Disclosures

Foreign Transactions. For transactions initiated in foreign currencies, the exchange rate between the transaction currency and the billing currency (U.S. dollars) will be: (a) a rate selected by MasterCard from the range of rates available in wholesale currency markets for the applicable central processing date, which rate may vary from the rate MasterCard itself receives; or (b) the government-government- mandated rate in effect for the applicable central processing date. In each instance You will be charged 8/10th of 1.00% calculated on the final settlement amount for transactions that are initiated in foreign countries, and if your transaction is also initiated in a foreign currency You will be charged an additional 2/10th of 1.00% calculated on the final converted settlement amount.

Appears in 2 contracts

Samples: Agreements and Disclosures, Agreements and Disclosures

Foreign Transactions. For transactions initiated in foreign currencies, the exchange rate between the transaction currency and the billing currency (U.S. dollarsDollars) will be: (a) a rate selected by MasterCard from the range of rates available in wholesale currency markets for the applicable central processing date, which rate may vary from the rate MasterCard itself receives; or (b) the government-government- mandated rate in effect for the applicable central processing date. In each instance You will be charged 8/10th 9/10th of 1.00% calculated on the final settlement amount for transactions that are initiated in foreign countries, and if your Your transaction is also initiated in a foreign currency You will be charged an additional 2/10th of 1.00% calculated on the final converted settlement amount. Transactions initiated via the internet with merchants or other parties located outside of the United States of America are deemed to occur in the foreign country where the merchant or other party is located.

Appears in 2 contracts

Samples: Membership Agreements, Membership Agreements

Foreign Transactions. For transactions initiated in foreign currencies, the exchange rate between the transaction currency and the billing currency (U.S. dollars) will be: (a) a rate selected by MasterCard Mastercard from the range of rates available in wholesale currency markets for the applicable central processing date, which rate may vary from the rate MasterCard Mastercard itself receives; or (b) the government-government- mandated rate in effect for the applicable central processing date. In each instance You will be charged 8/10th of 1.00% calculated on the final settlement amount for transactions that are initiated in foreign countries, and if your Your transaction is also initiated in a foreign currency You will be charged an additional 2/10th of 1.00% calculated on the final converted settlement amount.

Appears in 1 contract

Samples: Membership Agreements

Foreign Transactions. For transactions initiated in foreign currencies, the exchange rate between the transaction currency and the billing currency (U.S. dollarsDollars) will be: (a) a rate selected by MasterCard Mastercard® from the range of rates available in wholesale currency markets for the applicable central processing date, which rate may vary from the rate MasterCard itself receives; or (b) the government-mandated rate in effect for the applicable central processing date. In each instance You will be charged 8/10th of 1.00% calculated on the final settlement amount for transactions that are initiated in foreign countries, and if your Your transaction is also initiated in a foreign currency You will be charged an additional 2/10th of 1.00% calculated on the final converted settlement amount.

Appears in 1 contract

Samples: Electronic Services Agreement

Foreign Transactions. For transactions initiated in foreign currencies, the exchange rate between the transaction currency and the billing currency (U.S. dollars) will be: (a) a rate selected by MasterCard the card association from the range of rates available in wholesale currency markets for the applicable central processing date, which rate may vary from the rate MasterCard the card association itself receives; or (b) the government-mandated rate in effect for the applicable central processing date. In each instance For transactions that are initiated in foreign countries You will be charged 8/10th 8/10ths of 1.00% calculated on the final settlement amount for transactions that are initiated in foreign countriesamount, and if your Your transaction is also initiated in a foreign currency You will be charged an additional 2/10th 2/10ths of 1.00% calculated on the final converted settlement amount.

Appears in 1 contract

Samples: Membership Agreements

Foreign Transactions. For transactions initiated in foreign currencies, the exchange rate between the transaction currency and the billing currency (U.S. dollars) will be: (a) a rate selected by MasterCard from the range of rates available in wholesale currency markets for the applicable central processing date, which rate may vary from the rate MasterCard itself receives; or (b) the government-mandated rate in effect for the applicable central processing date. In each instance For transactions that are initiated in foreign countries You will be charged 8/10th 8/10ths of 1.00% calculated on the final settlement amount for transactions that are initiated in foreign countriesamount, and if your transaction is also initiated in a foreign currency You will be charged an additional 2/10th 2/10ths of 1.00% calculated on the final converted settlement amount.

Appears in 1 contract

Samples: Membership Agreements

Foreign Transactions. For transactions initiated in foreign currencies, the exchange rate between the transaction currency and the billing currency (U.S. dollars) will be: (a) a rate selected by MasterCard from the range of rates available in wholesale currency markets for the applicable central processing date, which rate may vary from the rate MasterCard itself receives; or (b) the government-mandated rate in effect for the applicable central processing date. In each instance You will be charged 8/10th of 1.00% calculated on the final settlement amount for transactions that are initiated in foreign countries, and if your Your transaction is also initiated in a foreign currency You will be charged an additional 2/10th of 1.00% calculated on the final converted settlement amount.

Appears in 1 contract

Samples: Membership Agreements

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Foreign Transactions. For transactions initiated in foreign currencies, the exchange rate between the transaction currency and the billing currency (U.S. dollars) will be: (a) a rate selected by MasterCard from the range of rates available in wholesale currency markets for the applicable central processing date, which rate may vary from the rate MasterCard itself receives; or (b) the government-mandated rate in effect for the applicable central processing date. In each instance You will be charged 8/10th of 1.00% calculated on the final settlement amount for transactions that are initiated in foreign countries, and if your transaction is also initiated in a foreign currency You will be charged an additional 2/10th of 1.00% calculated on the final converted settlement amount. Transactions initiated via the internet with merchants or other parties located outside of the United States of America are deemed to occur in the foreign country where the merchant or other party is located.

Appears in 1 contract

Samples: Membership Agreements

Foreign Transactions. For transactions initiated in foreign currencies, the exchange rate between the transaction currency and the billing currency (U.S. dollars) will be: (a) a rate selected by MasterCard from the range of rates available in wholesale currency markets for the applicable central processing date, which rate may vary from the rate MasterCard itself receives; or (b) the government-mandated rate in effect for the applicable central processing date. In each instance You will be charged 8/10th of 1.00% calculated on the final settlement amount for transactions that are initiated in foreign countries, and if your Your transaction is also initiated in a foreign currency You will be charged an additional 2/10th of 1.00% calculated on the final converted settlement amount. Transactions initiated via the internet with merchants or other parties located outside of the United States of America are deemed to occur in the foreign country where the merchant or other party is located.

Appears in 1 contract

Samples: Membership and Account Agreements

Foreign Transactions. For transactions initiated in foreign currencies, the exchange rate between the transaction currency and the billing currency (U.S. dollars) will be: (a) a rate selected by MasterCard Mastercard from the range of rates available in wholesale currency markets for the applicable central processing date, which rate may vary from the rate MasterCard Mastercard itself receives; or (b) the government-mandated rate in effect for the applicable central processing date. In each instance You will be charged 8/10th of 1.00% calculated on the final settlement amount for transactions that are initiated in foreign countries, and if your Your transaction is also initiated in a foreign currency You will be charged an additional 2/10th of 1.00% calculated on the final converted settlement amount.

Appears in 1 contract

Samples: Membership Agreements

Foreign Transactions. For transactions initiated in foreign currencies, the exchange rate between the transaction currency and the billing currency (U.S. dollars) will be: (a) a rate selected by MasterCard from the range of rates available in wholesale currency markets for the applicable central processing date, which rate may vary from the rate MasterCard itself receives; or (b) the government-government- mandated rate in effect for the applicable central processing date. In each instance You will be charged 8/10th 8/10ths of 1.00% calculated on the final settlement amount for transactions that are initiated in foreign countries, and if your Your transaction is also initiated in a foreign currency You will be charged an additional 2/10th 2/10ths of 1.00% calculated on the final converted settlement amount.

Appears in 1 contract

Samples: Agreements and Disclosures

Foreign Transactions. For transactions initiated in foreign currencies, the exchange rate between the transaction currency and the billing currency (U.S. dollars) will be: (a) a rate selected by MasterCard Mastercard from the range of rates available in wholesale currency markets for the applicable central processing date, which rate may vary from the rate MasterCard Mastercard itself receives; or (b) the government-government- mandated rate in effect for the applicable central processing date. In each instance You will be charged 8/10th of 1.00% calculated on the final settlement amount for transactions that are initiated in foreign countries, and if your Your transaction is also initiated in a foreign currency You will be charged an additional 2/10th of 1.00% calculated on the final converted settlement amount. Transactions initiated via the internet with merchants or other parties located outside of the United States of America are deemed to occur in the foreign country where the merchant or other party is located.

Appears in 1 contract

Samples: Business Agreements and Disclosures

Foreign Transactions. For transactions initiated in foreign currencies, the exchange rate between the transaction currency and the billing currency (U.S. dollars) will be: (a) a rate selected by MasterCard from the range of rates available in wholesale currency markets for the applicable central processing date, which rate may vary from the rate MasterCard itself receives; or (b) the government-government- mandated rate in effect for the applicable central processing date. In each instance You will be charged 8/10th of 1.00% calculated on the final settlement amount for transactions that are initiated in foreign countries, and if your Your transaction is also initiated in a foreign currency You will be charged an additional 2/10th of 1.00% calculated on the final converted settlement amount.%

Appears in 1 contract

Samples: Business Agreements and Disclosures

Foreign Transactions. For transactions initiated in foreign currencies, the exchange rate between the transaction currency and the billing currency (U.S. dollars) will be: (a) a rate selected by MasterCard from the range of rates available in wholesale currency markets for the applicable central processing date, which rate may vary from the rate MasterCard itself receives; or (b) the government-mandated rate in effect for the applicable central processing date. In each instance You will be charged 8/10th 8/10ths of 1.00% calculated on the final settlement amount for transactions that are initiated in foreign countries, and if your transaction is also initiated in a foreign currency You will be charged an additional 2/10th 2/10ths of 1.00% calculated on the final converted settlement amount.

Appears in 1 contract

Samples: Agreements and Disclosures

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