Common use of Merchant Accounts Clause in Contracts

Merchant Accounts. (i) EVERTEC will input such data for each approved Merchant (and assist BPPR in managing the corresponding data for the Government-Merchants) in databases as is necessary for such Merchant or Government-Merchant to participate in the Merchant Program. EVERTEC will maintain the data files in a manner reasonably designed to assure that all Merchant and Government-Merchant charges are input promptly.

Appears in 3 contracts

Samples: Sponsorship and Services Agreement, Sponsorship and Services Agreement (EVERTEC, Inc.), Sponsorship and Services Agreement (TII Smart Solutions, Sociedad Anonima)

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Merchant Accounts. (i) EVERTEC will input such data for each approved Merchant (and assist BPPR in managing the corresponding data for the Government-Merchants) in databases into the applicable database(s) as is necessary for such Merchant or Government-Merchant to participate in the Merchant Program. EVERTEC will maintain the data files in a manner reasonably designed to assure that all Merchant and Government-Merchant charges are input promptly.

Appears in 1 contract

Samples: Sponsorship and Services Agreement (EVERTEC, Inc.)

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