Designated Settlement Account definition
Designated Settlement Account means in respect of any payment (a) the Settlement Account; or (b) the Additional Settlement Account which in either case is identified as being the account to or from which the payment is made by the code in the payment instruction for that payment.
Designated Settlement Account means the bank account or the account opened with other Third Party PSPs designated by the Affiliate Partner pursuant to Clause 4.8 of this Agreement, or such other accounts as notified by the Affiliate Partner and accepted by us from time to time.
Designated Settlement Account means the bank account or the account opened with other Third Party PSPs designated by the Affiliate Partner pursuant to Clause 4.8 of this Agreement, or such other accounts as notified by the Affiliate Partner and accepted by us from time to time. “Force Majeure Event” means events beyond a Party’s reasonable control (whether or not reasonably anticipated), and which renders impossible the performance of such obligations, including without limitation to insurrection, war, riot, strikes, labour stoppages or slowdowns, explosion, nuclear incident, fire, flood, earthquake, pandemic, the onset of infectious diseases, issuance of quarantine or other prohibition or restrictive orders or requirements by any governmental or public authority, change of law, national or regional shortage of adequate power or telecommunications or transportation, or cyber-attacks, internet service provider failures or delays, or denial of service attacks, or other catastrophic event of a similar nature. “Intellectual Property” means intellectual property, which includes patents, utility models, rights to inventions, copyright and neighbouring and related rights, moral rights, trademarks and service marks, business names and domain names, rights in get-up and trade dress, goodwill and the right to sue for passing off or unfair competition, rights in designs, rights in computer software, database rights, rights to use and all other intellectual property rights, in each case whether registered or unregistered and including all applications and rights to apply for and be granted, renewals or extensions of, and rights to claim priority from, such rights and all similar or equivalent rights or forms of protection which subsist or will subsist now or in the future in any part of the world.
Examples of Designated Settlement Account in a sentence
Any change to the Designated Settlement Account shall take effect only after the same has been approved and confirmed by us.
You cannot close the Designated Settlement Account save with our prior written consent.
The Designated Settlement Account should be under the same name as the name you registered with the Platform Provider.
More Definitions of Designated Settlement Account
Designated Settlement Account means the bank account or the account opened with other PSPs designated by the Merchant pursuant to Clause 4.8 of this Agreement, or such other accounts as notified by the Merchant and accepted by us from time to time. “Force Majeure Event” means events beyond a Party’s reasonable control (whether or not reasonably anticipated), and which renders impossible the performance of such obligations, including without limitation to insurrection, war, riot, strikes, labour stoppages or slowdowns, explosion, nuclear incident, fire, flood, earthquake, pandemic, the onset of infectious diseases, issuance of quarantine or other prohibition or restrictive orders or requirements by any governmental or public authority, change of law, national or regional shortage of adequate power or telecommunications or transportation, or cyber-attacks, internet service provider failures or delays, or denial of service attacks, or other catastrophic event of a similar nature.