Merchant Account Agreement definition

Merchant Account Agreement is an agreement between (i) Merchant and a third party Merchant Account Provider; or (ii) Merchant, CyberSource Corporation and CyberSource’s sponsor bank for Merchant Account services.
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Merchant Account Agreement means an agreement evidencing a Merchant Account, and any renewal, extension, modification, amendment or restatement thereof.
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Merchant Account Agreement has the meaning set out in preamble E.
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Examples of Merchant Account Agreement in a sentence

  • In the event that the Merchant lead does not enter into a Merchant Account Agreement and such Merchant acquires a Merchant Account from another service provider or if an Approved Merchant terminates its Merchant Account Agreement, Company will not earn a commission for such Merchant Account.

  • The Client will not be required to be the holder of a Merchant Account Agreement.

  • Guarantor must pay all amounts due under the Merchant Account Agreement when Bank makes written demand on Guarantor.

  • The person(s) signing this Agreement on behalf of the Merchant applicant unconditionally personally guaranty payment to Bank for all amounts, including over drafts, interest, attorneys’ fees incurred under this Merchant Account Agreement.

  • With each of the certificates delivered pursuant to clause (d) preceding, the Borrowers and the Guarantors will furnish, or cause to be furnished, to the Collateral Agent a listing of each bank account opened or closed by any Credit Party during the preceding Fiscal Period, and any Merchant Account Agreement entered into by any Credit Party during the preceding Fiscal Period.

  • The motion carried 4-0.D. Approval for the New Merchant Account Agreement with BluePay.

  • The determination of the payment terms shall be made upon signature of the Merchant Account Agreement.

  • Acquirer the bank, or the provider of bank processing services on behalf of the Acquirer, with which you have or intend to have a Merchant Account Agreement and Merchant ID No. (i.e. a unique identification number allocated to you by your Acquirer for the purpose of accepting payments over the internet).

  • All Merchant Applications from Client on behalf Government Entities shall fall under the terms and conditions of this Multi-Location Primary Merchant Account Agreement as well as the Merchant Processing Agreement and Business Agreement in place with Client and USMS..

  • Upon the Collateral Agent's request, each Grantor shall cause to be delivered to the Collateral Agent an agreement, in form and substance satisfactory to the Collateral Agent, executed by each Person with whom such Grantor is a party to a Merchant Account Agreement, pursuant to which such Person shall agree to disburse to a Payment Account all deposits, payments, credits, proceeds and other amounts from time to time payable to such Grantor by such Person under such Merchant Account Agreement.

Related to Merchant Account Agreement

  • Account Agreement means the agreements for the operation of the Account.

  • Deposit Account Agreement means the Deposit Account Agreement and Disclosure, as may be amended from time to time, issued by the Custodian and available on the Custodian’s internet customer portal, “xx.xxxxxxxxxxx.xxx”.

  • Concentration Account Agreement as defined in subsection 4.16(b).

  • Collection Account Agreement means an agreement in form reasonably acceptable to the Administrative Agent among Buyer, the Administrative Agent and a Collection Bank.

  • Blocked Account Agreement means an agreement among the Borrower, the Agent and a Clearing Bank, in form and substance reasonably satisfactory to the Agent, concerning the collection of payments which represent the proceeds of Accounts or of any other Collateral.

  • Merchant Account means the merchant account facility agreed between you and the Merchant Acquiring Bank.

  • Lockbox Account Agreement means any replacement agreement therefor among the Servicer, the Trust Collateral Agent and the Lockbox Bank.

  • Collateral Account Agreement means the Collateral Account Agreement executed and delivered by Company and Administrative Agent on the Closing Date, substantially in the form of EXHIBIT XXIII annexed hereto, as such Collateral Account Agreement may hereafter be amended, supplemented or otherwise modified from time to time.

  • Account Agreements means any lockbox account agreement, pledged account agreement, blocked account agreement, securities account control agreement, or any similar deposit or securities account agreements among the Notes Agent and/or the ABL Agent, one or more Grantors and the relevant financial institution depository or securities intermediary.

  • Clearing Account Agreement means that certain Clearing Account - Deposit Account Control Agreement dated the date hereof among Borrower, Lender and Clearing Bank, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time, relating to funds deposited in the Clearing Account.

  • Control Account Agreement means any tri-party agreement by and among a Loan Party, the Administrative Agent and a depositary bank or securities intermediary at which such Loan Party maintains a Controlled Account, in each case in form and substance reasonably satisfactory to the Administrative Agent.

  • Blocked Account Agreements has the meaning set forth in Section 2.22(c).

  • Collection Account Control Agreement means that certain Collection Account Control Agreement, to be entered into by and among the Borrower, the Lender and Bank, with respect to the Collection Account, in form and substance acceptable to the Lender and the Borrower, as the same may be amended, modified or supplemented from time to time.

  • Controlled Account Agreement has the meaning specified therefor in the Security Agreement.

  • Spread Account Agreement means the Spread Account Agreement dated as of December 1, 1994, as amended and restated as of May 11, 1998 among the Insurer, the Seller and the Collateral Agent, as the same may be modified, supplemented or otherwise amended in accordance with the terms thereof.

  • Blocked Account Control Agreement shall have the meaning attributed to such term in the Security Agreement.

  • Deposit Account Control Agreement means an agreement, in form and substance satisfactory to the Agent (in its Permitted Discretion), among any Loan Party, a banking institution holding such Loan Party’s funds, and the Agent with respect to collection and control of all deposits and balances held in a deposit account maintained by any Loan Party with such banking institution, as amended, supplemented or otherwise modified from time to time in accordance with the terms thereof.

  • Deposit Account Control Agreements means the deposit account control agreements or blocked account agreements in a form that is reasonably satisfactory to the Agent to be executed by each institution maintaining a deposit account or securities account for any of the Credit Parties, in favor of Agent, for the benefit of Secured Parties, as security for the Obligations to the extent required by Section 4.14(g) or any other provision of this Agreement or any Other Document.

  • Securities Account Control Agreement shall have the meaning ascribed thereto in the Sale and Servicing Agreement.

  • Account Control Agreement means the Securities Account Control Agreement, dated as of the Effective Date, by and between the Borrower, as pledgor, the Collateral Agent on behalf of the Secured Parties, as secured party, and the Collateral Custodian, as Securities Intermediary.

  • Concentration Accounts has the meaning ascribed to it in Annex C.

  • Account Control Agreement(s) means any agreement entered into by and among the Lender, Borrower and a third party Bank or other institution (including a Securities Intermediary) in which Borrower maintains a Deposit Account or an account holding Investment Property and which grants Lender a perfected first priority security interest in the subject account or accounts.

  • Blocked Account has the meaning provided in Section 6.13(a)(ii).

  • Client Accounts means accounts of Clients (i) that are Controlled by an Access Person and (ii) in which no Access Person has a substantial proportionate economic interest; provided that, the Client pays a management, advisory or any other similar arms-length fee to the Access Person and the beneficiary of the Client Account is not an Immediate Family member of an Access Person.

  • Concentration Account has the meaning provided in Section 6.13(c).

  • Client Account means the unique personalized account of the Client consisting of all Completed Transactions, Open Positions and Orders on the Platform, the Balance of the Client money and deposit/withdrawal transactions of the Client money. It is understood that the Company may use the term Trading Account or Account on its Website or communications, which shall mean your Client Account.