Acquirer definition

Acquirer means a business organization, financial institution, or an agent of a business organization or financial institution that has authority from an organization that operates or licenses a credit card system to authorize merchants to accept, transmit, or process payment by credit card through the credit card system for money, goods or services, or anything else of value.

Acquirer or “Acquirers” means the entity or entities to whom defendants divest the Divestiture Assets.

Acquirer means, collectively, the Third Party referenced in the definition of Change of Control and such Third Party’s Affiliates, other than the applicable Party in the definition of Change of Control and such Party’s Affiliates, determined as of immediately prior to the closing of such Change of Control.

Examples of Acquirer in a sentence

• Where supported by the Acquirer and / card scheme(s), PayPal will process Transactions and Settle funds to you in the currency in which the Transaction was submitted for processing, provided you make available a bank account in a supported Scheme Settlement Currency to enable Settlement in this currency to you.

• PayPal, in its sole discretion, may instruct Acquirer to place a Reserve on a portion of your Payouts in the event that we believe that there is a high level of risk associated with your business, your Bank-sponsored Merchant Account, your PayPal account or your Transactions.

• Where supported by the Acquirer and / or card scheme(s), we will process Transactions and Settle funds to you in the currency in which the Transaction was submitted for processing, provided you make available a bank account in a supported Scheme Settlement Currency to enable Settlement in this currency to you.

• Where you require funds to Settle in an Exotic Settlement Currency, which is not supported by the Acquirer and / or card scheme(s), PayPal will Settle funds to you in the currency in which the Transaction was submitted for processing, provided you make available a bank account in the Exotic Settlement Currency to enable Settlement in such currency to you.

• The actions we may take include, but are not limited to, suspending or limiting your ability to use the Braintree Payment Services, refusing to process any Transaction, reversing a Transaction, instructing Acquirer to hold your Payouts, and contacting your customers to verify Transactions and reduce potential fraud and disputes.

More Definitions of Acquirer

Acquirer means the entity to whom defendants divest the Divestiture Assets.

Acquirer means the following:

Acquirer has the meaning set forth in the preamble to this Agreement.

Acquirer means the person that controls the Issuer following a Takeover Event. For the purposes of this definition, "control" means the acquisition or holding of legal or beneficial ownership of more than 50 per cent. of the votes which may ordinarily be cast on a poll at a general meeting of the Issuer or the right to appoint or remove a majority of the board of directors of the Issuer.

Acquirer means any Third Party that is a counterparty in any Change of Control transaction and any of such Third Party’s Affiliates.

Acquirer means the person or persons that control (as such term is used with respect to the definition of “Takeover Event”) the Company following a Takeover Event.

Acquirer has the meaning set forth in the definition of “Change of Control.”