Common use of Transmission Standards Clause in Contracts

Transmission Standards. Planet Payment transmission services, as set forth in this Section B shall meet or exceed [*]% of the established windows for transmissions set forth in the Timing Chart. In the event that the transmission services do not conform with the Timing Chart, Planet Payment will reimburse Acquirer any interchange downgrade incremental cost difference incurred as a result of the late submission of the relevant Foreign Transactions.

Appears in 4 contracts

Samples: Service Agreement (Planet Payment Inc), Service Agreement (Planet Payment Inc), Service Agreement (Planet Payment Inc)

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Transmission Standards. Planet Payment transmission services, as set forth in this Section B shall meet or exceed [*]% ] of the established windows for transmissions set forth in the Timing Chart. In the event that the transmission services do not conform with the Timing Chart, Planet Payment will reimburse Acquirer any interchange downgrade incremental cost difference incurred as a result of the late submission of the relevant Foreign Transactions.

Appears in 2 contracts

Samples: Service Agreement (Planet Payment Inc), Service Agreement (Planet Payment Inc)

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Transmission Standards. Planet Payment transmission services, as set forth in this Section B shall meet or exceed [*]% ] of the established windows for transmissions set forth in the Timing Chart. In the event that the transmission services do not conform with the Timing Chart, Planet Payment will reimburse Acquirer GPPC any interchange downgrade incremental cost difference incurred as a result of the late submission of the relevant Foreign Transactions.

Appears in 2 contracts

Samples: Service Agreement (Planet Payment Inc), Service Agreement (Planet Payment Inc)

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