Applicable Country definition
Examples of Applicable Country in a sentence
All settlements with respect to Card Transactions submitted in the currency of a given Applicable Country shall be denominated in the lawful currency or currencies specified in the Signatory Agreement that is part of this Agreement.
All settlements with respect to Transactions submitted in the currency of a given Applicable Country shall be denominated in the lawful currency or currencies specified in the Signatory Agreement that is part of this Agreement.
Applicable Country – Any country in which Card Transactions are being transacted pursuant to and as permitted by this Agreement, as identified in the Signatory Agreement.
Carrier may from time to time request that a Submission Currency for a particular Applicable Country be modified.
Notwithstanding the foregoing, a change to a Submission Currency for an Applicable Country will only be made if (i) Servicer can support such requested Submission Currency, (ii) Carrier gives Servicer thirty (30) days written notice of its request to change the applicable Submission Currency, and (iii) Carrier has not modified the Submission Currency for such Applicable Country during the preceding 90 days.