Merchant of Record. (a) During the Term, except as set forth in Sections 14.1(b), (c) and (d), eBay shall not declare itself as the Merchant of Record for transactions between users effected through any service or offering available on (i) an eBay Covered Property (excluding transactions that are excluded from the definition of eBay Addressable GMV) or (ii) any third party payments platform where the value of such transactions is included in the definition of eBay Addressable GMV (with all references in such definition to “eBay” being deemed to refer to such third party payments platform). Notwithstanding the foregoing, if and to the extent that eBay is the owner of inventory sold on an eBay Covered Property and takes financial responsibility for all full and partial returns and any chargebacks initiated by the customer (a “First Party Transaction”), eBay may elect to declare itself as the Merchant of Record solely with respect to such First Party Transaction.
(b) If PayPal provides payment processing services to a Competitive Platform Operator as a Merchant of Record for third party merchant transactions effected by or on such Competitive Platform Operator’s platform, eBay shall also be permitted to become a Merchant of Record for transactions effected by eBay Merchants on eBay Covered Properties, and the Parties shall cooperate in good faith to mutually develop a transition plan and adjustment to the Product Development Plan to enable eBay to become a Merchant of Record as described in this Section 14.1(b).
(c) Upon the consummation of a Specified Change of Control, eBay may elect to become a Merchant of Record (without triggering the termination of this Agreement or any related arrangements) by delivering a written notice to PayPal at any time beginning at the effective date of such Specified Change of Control and ending ninety (90) days thereafter, with such Merchant of Record election to become effective on a date, specified by eBay in such written notice, that is no less than fifteen (15) months nor greater than twenty-one (21) months following the consummation of such Specified Change of Control.
(d) Following the three (3) year anniversary of the Effective Time, eBay shall be permitted to declare itself as a Merchant of Record for transactions effected by third Persons in up to two (2) Covered Jurisdictions as selected by eBay in its sole discretion (each, a “Test Jurisdiction”); provided, that (i) the GMV transacted as a Merchant of Record on all eBay Covered Propert...
Merchant of Record. PayPal will be the merchant of record for each PayPal Transaction, and bear all responsibility for such PayPal Transaction as is normally borne by the merchant of record.
Merchant of Record. Under this Agreement, You appoint and authorize UiPath, as merchant of record for all Partner Product sales to Customers made through the UiPath Marketplace, and UiPath accepts such appointment. By appointing UiPath as merchant of record You do not transfer ownership title to any Partner Product to UiPath, and You agree that UiPath has no liability or obligation towards the Customers with respect to the Partner Products, including in respect of support, maintenance, service uptime, error or bug fixes, or improvements. You will be solely responsible for providing support to Customers, in accordance with this Agreement.
Merchant of Record. Unless sold directly by Southwest or otherwise agreed hereunder, Row 44 shall be the merchant of record for the Services.
Merchant of Record. With respect to all Payments, CML will act as merchant of record; provided that, for the avoidance of doubt, you acknowledge and agree that CML is only a provider of technology and services for the facilitation of Electronic Payments and is not the actual merchant who is accepting payment for the transaction of business with consumers. As merchant of record, CML will manage the process regarding disputed Payments, but you and the applicable driver will be solely responsible for chargebacks and any related fees or charges unless such chargeback is solely a result of a failure of CML’s Payment Systems. If any Payment is reversed or charged back, or CML does not receive payment for such Payment, then CML shall be entitled to reverse any payment of related Transaction Proceeds.
Merchant of Record. Company acknowledges and agrees, regardless of whose name appears on a Card sales transmittal, confirmation or Card statement, that its intent is to be the merchant of record for the purposes of processing Transactions using Bank’s Online Payment Processing Services and agrees to indemnify and hold the Indemnified Parties harmless for any Losses and Liabilities, including but not limited to Chargebacks, suffered as a result, direct or indirect, of Company processing Transactions pursuant to this Service Description, except to the extent such Losses and Liabilities arising directly or indirectly from or related to Bank’s gross negligence or willful misconduct.
Merchant of Record. (“MOR”). “MOR” means the entity that a customer interacts with to complete a transaction. The MOR collects funds from the customer, provides customer service and manages the relationship with the customer related to the transaction. In the case of the TicketNetwork Mercury Program, the Mercury Web Service User is the MOR.
Merchant of Record. 15 SECTION 5. CONDITIONS PRECEDENT TO OBLIGATIONS OF BUYER...................................................15 5.1 Consents.......................................................................................15
Merchant of Record. A. In the event that COMMISSION notifies Delerrok in accordance with Section 7.14(iv) that it shall assume the responsibilities as “Merchant of Record”. COMMISSION shall be liable for all reasonable cost incurred by Delerrok that are required to support the transition of the Merchant of Record services to COMMISSION including but not limited any costs required to integrate with a payment gateway.
B. Delerrok monthly service fees for Merchant of Record services shall cease in the month following the month in which the final reconciliation of any transactions that occurred during the period in which Delerrok acted as Merchant Record is completed.
C. COMMISSION shall continue to be liable for any Merchant of Record Passthrough Fees that related to any transaction that occurred during the period in which Delerrok was Merchant of Record irrespective of when Delerrok is notified of such fees by any payment processor or payment card provider.
Merchant of Record. Buyer and Seller will take all necessary actions so that (a) Buyer will be the merchant of record for all FreeMerchant Revenue and (b) all FreeMerchant Receipts are paid directly to a bank account under Buyer's sole control; in each case as soon as practicable following the Closing (and in any event within thirty (30) days following the Closing).
