Merchant Discount Sample Clauses

Merchant Discount. Each applicable Merchant Discount is payable to Flexiti by Merchant upon completion of the corresponding Credit Transaction. If Merchant processes a return, cancellation or adjustment within sixty (60) days following completion of a Credit Transaction, Flexiti shall credit Merchant for the full Merchant Discount (for a return or cancellation) or for the applicable portion thereof (for an adjustment) that was charged in connection with the Credit Transaction. [***]
Sample 1
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Merchant Discount. 10.1 Unless otherwise agreed to by FCSB in writing, the Merchant shall pay to FCSB a Merchant Discount rate on the mount due from FCSB to the Merchant under Clause 7 at the rate set out in Item 4 of Schedule A. 10.2 The relevant Merchant Discount rate and other sums of money (if any) owing by the Merchant to FCSB shall be deducted by FCSB before the merchant is paid on each occasion in accordance with the provisions herein. 10.3 FCSB reserves the right to its absolute to review and vary the Merchant Discount rate from time to time and any changes thereto shall be effective on the date specified by FCSB in such notification to the Merchant. The review of the Merchant Discount rate, if any, would be notified to the Merchant via electronic mail and/or letter and/or fax and/or any other means determined by FCSB and still serve as a valid mode of informing the Merchant of such revision.
Sample 1
Merchant Discount. The merchant discount fees that shall be effective as of the Effective Date are set forth in Schedule 6(b)(ii) (the “Merchant Discount Fees”). Any processing fees or other fees due from Home Depot to MasterCard or any other card network shall be payable by Home Depot. Any processing fees or other fees due from GreenSky to MasterCard or any other card network shall be payable by GreenSky. In no event shall GreenSky be responsible for payment of Merchant Discount Fees to MasterCard or any other card network and in no event shall Home Depot be responsible for payment of any fees, fines or assessments owed by GreenSky to MasterCard or any other card network for GreenSky’s participation in such network.
Sample 1
Merchant Discount. 7.1 The MDR percentages and other applicable charges in relation to Payment Transactions carried out using each Acquirer’s Payment Scheme is set out in the Welcome Letter. 7.2 GKASH reserves the right to revise and adjust the MDR and/or any other fees related thereto or any other charges payable at any time and from time to time by giving written notice to the Merchant. Such change shall take effect from the date stated in the notice and if no date is stated in the notice, on the date that any such payment is due and payable in the ordinary course of events. 7.3 Save for the retail price of the Goods and applicable Taxes, the Merchant shall not charge the Users any additional processing fee and other forms of surcharge (unless imposed by any governmental authorities) for using the Payment Schemes and Payment Cards to make payment to the Merchant. 7.4 The Merchant shall provide a clear and fair refund policy on any such platform as may be deemed suitable to its business and shall upon GKASH’s request, provide GKASH with a copy of such refund policy.
Sample 1
Merchant Discount. 2.1 The Merchant shall receive the discount contemplated in clause 5 of this Schedule. The Merchant shall, therefore, pay NuPay an amount which is discounted from the face value of the Electronic Prepaid Voucher (subject to clause 3 of this Schedule). The Merchant shall sell the Electronic Prepaid Voucher to customers at the face value thereof or less. The Merchant may not sell the Electronic Prepaid Voucher to customers at prices that exceed the face value of the Electronic Prepaid Voucher. 2.2 The discount may vary depending on changes in margins provided by the Network Operators or Service Providers. NuPay will notify the Merchant of any changes to the discount 30 (thirty) days in advance of such change by way of written notice on the Merchant statements. 2.3 The said discount will be affected into the Merchant Funding Account by updating the available balance at the end of the day, on a daily basis.
Sample 1
Merchant Discount. The Merchant Discount in any given month shall be calculated in accordance with Exhibit K.
Sample 1

Related to Merchant Discount

  • Volume Discounts Contractor may offer volume discounts. Volume discounts may be applied per order. Volume discounts shall be defined and applied as follows: Volume discounts shall be additional discounts applied to individual orders over a specified dollar amount.

  • Discount In connection with any discount offered for early payment, time shall be computed from the date of the invoice. For the purpose of computing the discount earned, payment shall be considered to have been made on the date which appears on the payment check or the specified payment date if an electronic funds transfer payment is made.

  • Underwriting Discount In consideration of the services to be provided for hereunder, the Company shall pay to the Underwriters, with respect to any Offered Securities sold to investors in this Offering, a seven percent (7%) underwriting discount.

  • PROMPT PAYMENT DISCOUNTS If a Contractor offers a discount for prompt payment, the Contractor shall include the terms of the discount on all invoices, the amounts which are due if the Authorized User meets the terms, and the number of days for which the prompt payment discount offer applies.

  • Quantity Discounts Contractor may offer additional discounts for one-time delivery of large single orders;

  • Additional Discounts? Do you offer additional discounts to TIPS members for large order quantities or large scope of work? Yes Years in business as proposing company? Does the vendor have resellers that it will name under this contract? Resellers are defined as other companies that sell your products under an agreement with you, the awarded vendor of TIPS. EXAMPLE: BIGmart is a reseller of ACME brand televisions. If ACME were a TIPS awarded vendor, then ACME would list BIGmart as a reseller. (If applicable, Vendor should add all Authorized Resellers within the TIPS Vendor Portal upon award). No

  • Sale or Discount of Receivables Except for receivables obtained by the Borrower or any Subsidiary out of the ordinary course of business or the settlement of joint interest billing accounts in the ordinary course of business or discounts granted to settle collection of accounts receivable or the sale of defaulted accounts arising in the ordinary course of business in connection with the compromise or collection thereof and not in connection with any financing transaction, the Borrower will not, and will not permit any Subsidiary to, discount or sell (with or without recourse) any of its notes receivable or accounts receivable.

  • PAYMENT TERMS/DISCOUNTS The County’s payment terms are in accordance with Florida Statute 218, Local Government Prompt Payment Act. Cash discounts for prompt payment shall not be considered in determining the lowest net cost for bid evaluation purposes.

  • Volume and Additional Discounts In addition to the Part 1 Minimum Percentage Discount proposed herein, does Vendor ever expect and intend to offer additional, greater, or volume discounts to TIPS Members? If proposing on Part 1, point(s) may be assigned for your response in the Part 1 category of "Pricing" during scoring and evaluation. If you are not proposing on Part 1, you must respond to proceed but no points will be assigned for your response. Yes

  • Price and Underwriting Discounts In the case of an underwritten Demand Registration or Underwritten Takedown requested by Holders pursuant to this Agreement, the price, underwriting discount and other financial terms of the related underwriting agreement for the Registrable Securities shall be determined by the Holders representing a majority of the Registrable Securities included in such underwritten offering.

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