ISO Agreements definition

ISO Agreements shall have the meaning set forth in the recitals.
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ISO Agreements an agreement between Seller and an Independent Sales Organization pursuant to which the Independent Sales Organization is providing services related to Credit Card and/or Debit Card processing.
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ISO Agreements means each of: (a) that certain Service Agreement for New York ISO Market Administration and Control Area Services Tariff, dated April 29, 2003, between Athens and the New York Independent System Operator in respect of the Athens Project; and (b) that certain Market Participant Service Agreement dated February 1, 2005 between Millennium and ISO New England Inc. in respect of the Millennium Project.
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Examples of ISO Agreements in a sentence

  • At the Closing, all parties to the ISO Agreements shall have consented to the assignment of the Purchased Residuals to Purchaser.

  • Under the ISO Agreements, Seller is to receive residual payments each month (“Residuals”) from Seller’s efforts to market and sell merchant acquiring services to acceptable businesses (“Merchants”).

  • At the Closing, each party to the ISO Agreements shall have executed a consent in substantially the form attached as Exhibit C hereto.

  • On the terms and subject to the conditions of this Agreement, at the Closing, Sellers shall assign and transfer to Buyer, and Buyer shall assume and take assignment of, all of Sellers’ existing Contracts to the extent used in or related to the Business (collectively with the ISO Agreements, the “Assumed Contracts”) subject to any required Third Party Consents.

  • Purchaser will assume all responsibilities for providing services to Sold Merchants under the ISO Agreements.

  • Sell, lease, assign, transfer or otherwise dispose of or attempt to sell, lease, assign transfer or otherwise dispose of, any of Seller’s rights, title or interests or purported rights title or interests in and to the ISO Agreements if such disposition could or would impair Purchaser’s rights in the Purchased Residuals, the Sold Merchants, [***].

  • Except as set forth on Schedule 6.5(a)(v), Seller has not given notice of its election to terminate any of the Merchant Agreements, Agent Bank Agreements, ISO Agreements or Related Agreements included in the Transferred Assets, and Seller has not received written notice from any Merchant, Agent Bank, Independent Sales Organization or Related Party of its election to terminate any of the Merchant Agreements, Agent Bank Agreements, ISO Agreements or Related Agreements included with the Transferred Assets.

  • Sellers have the right to receive Residuals with respect to the Sold Merchants under the ISO Agreements, as applicable.

  • Each Seller hereby sells, assigns, grants, conveys and transfers to Buyer, and Buyer hereby purchases and assumes, each Seller’s right, title and interest in and to the Acquired Assets, including the ISO Agreements and the other Assumed Contracts, and the Residuals.

  • Complete lists of the Merchants, Agent Banks, Independent Sales Organizations and Related Parties that are counterparties to the Merchant Agreements, Agent Bank Agreements, ISO Agreements and Related Parties included within the Transferred Assets are set forth on Schedule 6.5(a)(i), 6.5(a)(ii), 6.5(a)(iii) and 6.5(a)(iv), respectively.