Chargeback Ratio definition

Chargeback Ratio means the ratio (expressed as a percentage) computed as ---------------- of the last day of each calendar month by dividing (i) the aggregate amount of all Related Contracts having one or more Receivables that were Chargeback Receivables on such day or that would have been Chargeback Receivables on such day had they not been written off the books of the Transferor during such month by (ii) the aggregate amount of all Related Contracts on such day.
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Chargeback Ratio means the percentage determined by dividing the total dollar amount of Chargebacks by the total dollar amount of Transactions. You agree to assist Us when requested, at Your expense, to investigate any of Your Transactions processed through the Service. To that end, You permit Us to share information about a Chargeback with the Purchaser, the Purchaser’s financial institution, and Your financial institution in order to investigate and/or mediate a Chargeback. We will request necessary information from You to contest the Chargeback. If the Chargeback is contested successfully, We will release the reserved funds to You. If a Chargeback dispute is not resolved in Your favor by the Networks or issuing Bank or You choose not to contest the Chargeback, We may recover the Chargeback amount and any associated fees as described in this Agreement. You acknowledge that Your failure to assist Us in a timely manner when investigating a Transaction, including providing necessary documentation within seven (7) days of Our request, may result in an irreversible Chargeback. We reserve the right, upon notice to You, to charge a fee for mediating and/or investigating Chargeback disputes.
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Chargeback Ratio means either:
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Examples of Chargeback Ratio in a sentence

  • Effective April 18, 2015, based on 12 months of activity ending September 30, 2014 Performance Thresholds Transaction Minimum Volume MinimumMaximum Chargeback Ratio* PCIComplianceThreshold I67.0 million$4.2 billion 0.020% ✓Threshold II41.4 million$2.2 billionThreshold III10.3 million$565 million * Chargeback ratio calculated as a percentage of a merchant’s gross transaction count.

  • Effective April 16, 2016, based on 12 months of activity ending September 30, 2015 Performance Thresholds Transaction Minimum Volume MinimumMaximum Chargeback Ratio* PCIComplianceThreshold I75 million$4.6 billion 0.020% ✓Threshold II46 million$2.6 billionThreshold III12 million$670 million * Chargeback ratio calculated as a percentage of a merchant’s gross transaction count.

  • For example, for an account that generates (1) between 51 and 75 Chargebacks, and (2) a Transaction Chargeback Ratio of greater than 7.5% in a given month, the plain language of section 15 would allow Defendants to assess a single Monthly Chargeback Violation fee of $50 against the account.


More Definitions of Chargeback Ratio

Chargeback Ratio means, as of a determination date, the quotient (expressed as a percentage) of (i) the amount of the gross chargeback calculated as the aggregate chargeback for all regions reflected on the chargeback report for the preceding 30 days incurred by the Seller in respect of the Financing Contracts (other than Financing Contracts billed through the IKON US marketplaces and identified on the Portfolio Tape) minus the credit recoveries realized by the Seller in respect of such Financing Contracts divided by (ii) the amount of the average marketplace portfolio balances for all regions reflected on the chargeback report in respect of such Financing Contracts for such 30-day period, each component of the foregoing definition calculated in a manner consistent with past practices.
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Chargeback Ratio means the ratio (expressed as a percentage and rounded to the nearest 1/100th of 1%, with 5/1000th of 1% rounded upward), computed as of the last day of each calendar month by dividing: (a) the aggregate number of Chargebacks arising during such calendar month, by (b) the aggregate number of Transactions processed by Worldpay in a given month (taking into account any formulations of applicable Card Schemes or Network Rules), as notified by Worldpay from time to time. (12) ‡ “ ´ ¡ \ c | W Z M 4 x x † 4 @ v ~ I Worldpay _5 5„$ 2 ı @$˛# M v , »$˛/ &k x x » « @ / : t v b \ M (i) v , b › ” ˜” M (ii) ( ⁄ p b v b, › ” _ 6ı ” K Worldpay _ - v 8 0[ M (iii) % l b’g p v/5 3 5 @ S(p v , _6ı4 WK orlZdpay _ - v 8 0 8 N b v fl fi } ^ 8 v b \ M ‡ “ ´ ¡ m \ c (a) Q b v _$˛# K S ‡ “ ´ (b) ¡ Q b v W_orldpay @ #. Kv S, b)r X>&4:# 6 » « x x ¿ ” 0Æd N b0£’ ’ * >’ [7V M G \ _ | ~’ >&I ˆ ” [/†&g I 1># 1b000 ( 5b D ‹1% b100 ( 1b r [/†&g I [ >6’ WWorlZdpay @7 3ß%– M v b 8 :
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Chargeback Ratio means, as of a determination date, the quotient (expressed as a percentage) of (i) the amount of the gross chargeback calculated as the aggregate chargeback for all regions reflected on the chargeback report for the preceding 30 days incurred by the IKON Parties in respect of the Financing Contracts minus the credit recoveries realized by such IKON Parties in respect of such Financing Contracts divided by (ii) the amount of the average marketplace portfolio balances for all regions reflected on the chargeback report in respect of the Financing Contracts for such 30-day period, each component of the foregoing definition calculated in a manner consistent with past practices.
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Related to Chargeback Ratio

  • Adjusted Quick Ratio is the ratio of (a) Quick Assets to (b) Current Liabilities minus the current portion of Deferred Revenue.

  • Quick Ratio is a ratio of Quick Assets to Current Liabilities.

  • Adjusted Leverage Ratio means, on any date of determination, the ratio of (i) Adjusted Liabilities to (ii) Tangible Net Worth.

  • Percentage Ratio means with respect to a Trust, the percentage relationship among the Securities based on the number of contracts of each Option per Unit, the principal amount of each Bond per Unit and the number of shares of each Equity Security per Unit compared to all Securities attributable to each Unit existing immediately prior to the related additional deposit of Securities. The Percentage Ratio shall be adjusted to the extent necessary, and may be rounded, to reflect the occurrence of a stock dividend, a stock split or a similar event which affects the capital structure of the issuer of a security."

  • Adjusted gross proceeds means gross proceeds less cash prizes, cost of

  • Expense Ratio is defined as a Fund's annual investment management fees and expenses (excluding taxes, interest, all brokerage commissions, other normal charges incident to the purchase and sale of portfolio securities, and extraordinary expenses) as a percentage of such Fund's daily net asset value.

  • Consolidated Net Leverage Ratio means, on any Transaction Date, the ratio of (a) Consolidated Funded Indebtedness as of such date minus cash and Temporary Cash Investments of the Issuers and the Restricted Subsidiaries to (b) Consolidated EBITDA for the then applicable Four Quarter Period. The Consolidated Net Leverage Ratio shall be calculated consistent with the pro forma adjustments contemplated by the numbered paragraphs included in the definition of Interest Coverage Ratio.

  • Load Ratio Share means the ratio of a Transmission Customer’s Network Load to the Transmission Provider’s total load.

  • Adjusted Book Value means, as of a particular date, the Book Value on such date, subject to the following adjustments, each of which shall have been derived from the Company’s IFRS financial statements for the period ended on such date (or, if not derivable from such financial statements, shall be determined in good faith by the Company), but reduced by the amount of the federal income tax applicable thereto:

  • percentage ratios has the meaning ascribed to it under the Listing Rules;

  • Adjusted Debt means, as of any date, the sum of (i) all Adjusted Indebtedness of the Company and its Subsidiaries on a Consolidated basis on such date and (ii) (x) Rent Expense for the four consecutive fiscal quarter period ended immediately prior to such date or then ending in respect of which financial statements have been delivered pursuant to Section 7.1(a) or 7.1(b) multiplied by six (6).

  • Consolidated Secured Net Leverage Ratio means, with respect to any Test Period, the ratio of (a) Consolidated Secured Net Debt as of the last day of such Test Period to (b) Consolidated EBITDA for such Test Period.

  • Consolidated Depreciation Expense means, for any period, the depreciation expense of Borrower and its Subsidiaries for such period, determined on a consolidated basis in accordance with GAAP.

  • Interest Expense Coverage Ratio means, for any period, the ratio of (a) Consolidated EBITDA for such period to (b) Consolidated Interest Expense for such period.

  • Net Leverage Ratio means, at any time, the ratio of (a)(i) Consolidated Total Indebtedness at such time minus (ii) the Qualified Cash Amount to (b) Consolidated EBITDA for the most recently completed period of four fiscal quarters.

  • Total Net Leverage Ratio means, as of any date of determination, the ratio, on a Pro Forma Basis, of (a) Consolidated Total Indebtedness as of such date to (b) Consolidated EBITDA for the most recently completed Test Period.

  • Consolidated Leverage Ratio means, as of any date of determination, the ratio of (a) Consolidated Funded Indebtedness as of such date to (b) Consolidated EBITDA for the most recently completed Measurement Period.

  • management expense ratio means the total fees and expenses a fund paid during a year divided by its average assets for that year.

  • Consolidated Total Net Leverage Ratio means, with respect to any Test Period, the ratio of (a) Consolidated Total Net Debt as of the last day of such Test Period to (b) Consolidated EBITDA for such Test Period.

  • combined ratio means the sum of the loss ratio and the expense ratio. The combined ratio measures the proportion of the Company’s total cost to its premium earned and is used to assess the profitability of the Company’s insurance underwriting activities.

  • EBITDA Coverage Ratio defined as EBITDA divided by the aggregate of total interest expense plus the prior period current maturity of long-term debt and the prior period current maturity of subordinated debt.

  • Funded Debt Ratio means the ratio of (a) Funded Debt to (b) EBITDA.

  • Cash Flow Leverage Ratio means, as of any time the same is to be determined, the ratio of (a) Funded Debt as of the last day of the most recent four fiscal quarters of the Company then ended minus Excess Cash as of the last day of the same such period to (b) EBITDA for the same most recent four fiscal quarters then ended.

  • Consolidated Asset Coverage Ratio means, as of any date of determination, the ratio of (a) Consolidated Assets to (b) the sum of the aggregate amount of Revolving Borrowings and Term Loans then outstanding.

  • Cash Flow Coverage Ratio means, for any period, the ratio of (i) Adjusted Parent Operating Cash Flow for such period to (ii) Corporate Charges for such period.

  • Consolidated First Lien Net Leverage Ratio means, with respect to any Test Period, the ratio of (a) Consolidated First Lien Net Debt as of the last day of such Test Period to (b) Consolidated EBITDA for such Test Period.