Alternative Acquiring Services definition

Alternative Acquiring Services means, for each Alternative Payment Method, both:
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Alternative Acquiring Services mean, for each Alternative Payment Method, both: (A) the processing by us of Transactions, Chargebacks and Refunds; and (B) the receipt and disbursement of related funds (except where we are acquiring direct debits and payment is made directly to you by the Buyer’s bank); in each case arising from the use of the non-Card payment methods specified in Schedule 2;
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Alternative Acquiring Services mean, for each APM, both: (b) the processing of Transactions, Chargebacks and Refunds; and (b) the receipt and disbursement of related funds in each case arising from the use of an APM;
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Examples of Alternative Acquiring Services in a sentence

  • Merchant hereby appoints Citcon as its provider of Alternative Acquiring Services.

  • Upon its occurrence, each Assessment and Reversed Payment represents a debt immediately due and payable by Merchant to Citcon on demand, notwithstanding any termination of this Agreement or the Alternative Acquiring Services.


More Definitions of Alternative Acquiring Services

Alternative Acquiring Services means the transmission of payment instructions, receipt of Inward Payments, processing of an Authorized Instruction and/or the receipt and disbursement of Outward Payments, in each case by Xxxxxx, in connection with Merchant and a third party using an Alternative Payment Method.
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Related to Alternative Acquiring Services

  • Alternative Restructuring Proposal means any inquiry, proposal, offer, bid, term sheet, discussion, or agreement with respect to a sale, disposition, new-money investment, restructuring, reorganization, merger, amalgamation, acquisition, consolidation, dissolution, debt investment, equity investment, liquidation, tender offer, recapitalization, plan of reorganization, share exchange, business combination, or similar transaction involving any one or more Company Parties or the debt, equity, or other interests in any one or more Company Parties that is an alternative to one or more of the Restructuring Transactions.

  • Term SOFR Transition Event means the determination by the Administrative Agent that (a) Term SOFR has been recommended for use by the Relevant Governmental Body, (b) the administration of Term SOFR is administratively feasible for the Administrative Agent and (c) a Benchmark Transition Event or an Early Opt-in Election, as applicable, has previously occurred resulting in a Benchmark Replacement in accordance with Section 2.14 that is not Term SOFR.

  • Limited Condition Acquisition means any acquisition by one or more of the Borrower and its Restricted Subsidiaries of any assets, business or Person permitted to be acquired by this Agreement, in each case whose consummation is not conditioned on the availability of, or on obtaining, third party financing.

  • Benchmark Transition Event means the occurrence of one or more of the following events with respect to the then-current Benchmark:

  • Limited Condition Transaction means any Acquisition Transaction or any other acquisition or Investment permitted by this Agreement, in each case whose consummation is not conditioned on the availability of, or on obtaining, third party financing.

  • Acquisition Transaction means any transaction or series of transactions involving: