Examples of Acquirer Agreement in a sentence
Merchant agrees that, if and when required by an Acquirer or under Card Association Rules or such other applicable industry requirement, and/or upon presentation by BlueSnap, Merchant shall enter into an applicable merchant agreement, sub-merchant agreement and/or Acquirer Agreement or as the case may be with the appropriate Acquirer(s) on the terms set forth therein by the applicable Acquirer and subsequent transactions shall be governed by such agreements in addition to this Agreement.
Prior to the entering into by OV of a Program Acquirer Agreement for the Territory or a specific part of the Territory, OV shall provide LP with information about the payments, other than royalty payments (as LP’s rights in respect of such are regulated by Section 6.3 below), to be made by the Program Acquirer to OV for the rights granted under the Program Acquirer Agreement in question, e.g. milestone payments and other lump sum payments, such as upfront payments.
LP shall within fifteen (15) days of receipt of this information inform OV by a written notice whether LP in respect of the Program Acquirer Agreement in question chooses to receive payments, where relevant, according to the milestone payment principles set out in Section 6.2(a)-(h) above or whether LP chooses to receive alternative payments as per this Section 6.2(j).
We shall only be obliged to provide the Gateway Services to you if and for so long as you (and not any other Entity) have a valid Acquirer Agreement in place with us.
At all times during this Agreement, Retailer agrees to maintain an Acquirer Agreement with a Network Acquirer and to accept Prepaid Cards issued by Bank in accordance with such Acquirer Agreement and requirements of the Network Providers.
PP may authorize Citcon to use its intellectual property solely for the limited purpose of the Payment Services, consistent with the Acquirer Agreement.
The extension shall be for such additional period of time which in OV’s reasonable opinion would be appropriate in order to conclude a Program Acquirer Agreement with a Program Acquirer in the Territory.
Ms. Aguirre stated the EBB program is in 25 to 30 percent of the ZIP Codes in the city of Los Angeles.
If OV has not been able to conclude a Program Acquirer Agreement within the extension period, OV may by a written notice to LP extent the Agreement by a further and final period of time which in the reasonable opinion of OV is appropriate for the described purpose.
Before concluding any final Program Acquirer Agreement with any Program Acquirer, OV shall first have determined, after reasonable diligence, that such Program Acquirer has the requisite skill, expertise, resources, and alignment of business interests (absence of conflicts) to faithfully pursue and advance the development of Product past Phase 2 Clinical Trial and Commercialize Product as contemplated in this Agreement within the relevant jurisdiction(s).