Examples of Merchant Account Number in a sentence

American Express may establish audit procedures determined in American Express’ discretion to ensure that no charges except for recurring billing charges are submitted under the Merchant Account Number designated for recurring billing charges.
The account payment function of the Merchant Account Number of Merchant will be suspended after the formal notification of loss has taken effect, but account receivables (if any) can still be remitted into such account.
You must promptly complete and submit a Credit Draft for the total amount of the refund, which must include the following information: – The account number and expiration date; – The Cardholder’s name; – Your name, city, state and Merchant Account Number; – A description of the goods or services; – The transaction date of the Credit; – The total amount of the Credit; and – For Discover Network transactions, the approved currency used and the signature of Your authorized representative or employee.
Embossed data includes Merchant Account Number, name and sometimes merchant ID code and terminal number.
However, MERCHANT and the undersigned hereby acknowledge and agree that submission of an Application does not constitute approval and that this Merchant Agreement, whether or not signed by COMPANY or BANK, will become fully effective and shall be fully binding upon the parties hereto upon COMPANY’s assignment and issuance of a Merchant Account Number to MERCHANT.

More Definitions of Merchant Account Number

Merchant Account Number. The credit card processing agreement between and dated (the “Processing Agreement”). Dear Sir/Madam: Under various agreements among , a with an address at (the “Company”) and Manufacturers and Traders Trust Company, as administrative agent and collateral agent for itself, documentation agent and certain lenders (in such capacities, together with its successors and assigns in such capacities, if any, the “Agent”), the Company has granted to the Agent (for the benefit of the Agent, documentation agent, certain lenders and certain other secured parties) a security interest in and to the Company’s inventory, credit card receivables, books and records relating to the foregoing, and proceeds therefrom, including without limitation, all amounts due or to become due from the Processor to the Company pursuant to the Processing Agreement between the Processor and the Company. Under the terms and provisions of the agreements with the Agent, the Company is obligated to deliver all proceeds of the Company’s accounts and inventory to the Agent. Such proceeds include all credit card charges (the “Charges”) submitted by the Company to the Processor for processing and the amounts which the Processor owes to the Company on account thereof (the “Credit Card Proceeds”) and all other amounts due or to become due to the Company under the Processing Arrangement. Until you receive notification from the Agent as provided below, all amounts due from time to time from the Processor to the Company (including Credit Card Proceeds, payment from any reserve account or the like or other payments) shall be transferred only as follows: By ACH, Depository Transfer Check, or Electronic Depository Transfer to: ABA # For Credit to Account No.

Merchant Account Number. A number that numerically identifies each merchant location, outlet, or line of business to the Processor for accounting and billing purposes. Merchant Identification Card: A plastic embossed card supplied to each merchant to be used for imprinting information to be submitted with each batch of paper Sales Drafts. Embossed data includes Merchant Account Number, name and sometimes merchant ID code (MID) and terminal number (TID).

Merchant Account Number means any unique identification number issued by Provider and used to identify any particular Merchant Account. Merchant Supplier shall mean a third party other than a Member used by a Merchant in connection with the Services received hereunder, including but not limited to, Merchant’s software providers, equipment providers, and/or third party processors. MMA means the Medfusion Merchant Agreement, and each website, exhibit, schedule, and addendum attached thereto or incorporated therein referencing the MMA, as well as all documents and other materials incorporated by reference into the MMA, including, without limitation, the Merchant Application, the Glossary, the Pricing Schedule, the Sub-merchant Agreement, the Glossary, the AUP, and the Supplemental Terms (if any). Network shall mean, collectively, the VISA, MasterCard, or Discover, American Express or other payment card networks associations or companies in which Provider participates and which is used to provide or facilitate the Services. Operating Regulations means the Bank Rules, the by-laws, operating regulations and/or all other rules, guidelines, policies and procedures of the Networks, and all other applicable rules, regulations, policies and requirements of TPP, NACHA, Member Bank, Provider, providers, banks, institutions, organizations, associations, or networks which govern or affect any services provided under this MMA, and all state and federal laws, rules and regulations which govern or otherwise affect the activities of Provider, including, but not limited to, those of the NACHA and the Federal Trade Commission (“FTC”), as any or all of the foregoing may be amended and in effect from time to time. The Operating Regulations are fully incorporated into the MMA by reference. Person shall mean both natural persons and any corporation, partnership, sole proprietorship, trust, association, or any other legally recognized entity or organization, as required by context. PII means information that can be used on its own or with other information to identify, contact, or locate a single person, or to identify a particular individual. PCI shall mean the Payment Card Industry Data Security Standard. Provider means Medfusion, Inc. Provider is a Payment Service Provider (“PSP”) and/or a Payment Facilitator as defined in the Operating Regulations. Medfusion, Inc. provides payment services to Merchants for their United States locations, for the sale of goods and services by Merchants to cardholders th...

Merchant Account Number means any unique identification number issued by Provider and used to identify any particular Merchant Account. Merchant Supplier shall mean a third party other than a Member used by a Merchant in connection with the Services received hereunder, including but not limited to, Merchant’s software providers, equipment providers, and/or third party processors. MMA means the Medfusion Merchant Agreement, and each website, exhibit, schedule, and addendum attached thereto or incorporated therein referencing the MMA, as well as all documents and other materials incorporated by reference into the MMA, including, without limitation, the Merchant Application, the Glossary, the Pricing Schedule, the Sub-merchant Agreement, the Glossary, the AUP, and the Supplemental Terms (if any). Networks shall mean, collectively, the VISA, MasterCard, or Discover, American Express or other payment card networks associations or companies in which Provider participates and which is used to provide or facilitate the Services. Operating Regulations means the Bank Rules, the by-laws, operating regulations and/or all other rules, guidelines, policies and procedures of the Networks, and all other applicable rules, regulations and requirements of TPP, NACHA, Member Bank, providers, banks, institutions, organizations, associations, or networks which govern or affect any services provided under this MMA, and all state and federal laws, rules and regulations which govern or otherwise affect the activities of Provider, including, but not limited to, those of the NACHA and the Federal Trade Commission (“FTC”), as any or all of the foregoing may be amended and in effect from time to time. The Operating Regulations are fully incorporated into the MMA by reference. PII means information that can be used on its own or with other information to identify, contact, or locate a single person, or to identify a particular individual. PCI shall mean the Payment Card Industry Data Security Standard. Provider means Medfusion, Inc. Provider is a Payment Service Provider (“PSP”) and/or a Payment Facilitator as defined in the Operating Regulations. Medfusion, Inc. provides payment services to Merchants for their United States locations, for the sale of goods and services by Merchants to cardholders through the use of Cards. The term “Provider” includes Provider’s successors and assigns.

Merchant Account Number means the number assigned and issued by the Bank to the Merchant (Customer), once this Merchant (Customer) Agreement is accepted by the Bank. The Merchant (Customer) Account Number will be used to identify the Merchant (Customer) for accounting, billing, customer service and other related purposes in connection with the Services

Merchant Account Number means a merchant account number given to the Merchant by the Company in 5.2.6. 5.2.7. 5.2.8. Assist the Company, Third Party Payment Providers in managing the network. Accept Transactions and use the Facilities with due care and diligence. Keep the Facilities in a safe and proper manner and indemnify and keep the Company fully indemnified relation to the provision of Third-Party Payment Services; for any damage or loss caused to the Facilities, except for any fair wear and tear.

Merchant Account Number. [__________] Dear Sir/Madam: Under various agreements between and among the Company, certain affiliates of the Company, and each of (a) Xxxxx Fargo Bank, National Association, a national banking association, as administrative agent (in such capacity together with its successors and assigns, the “ABL Agent”) for a syndicate of lenders and other credit parties (the “ABL Credit Parties”) party to a Credit Agreement dated as of January 31, 2020 (as amended, modified, supplemented or restated, the “ABL Credit Agreement”) and (b) Crystal Financial LLC d/b/a SLR Credit Solutions, as administrative agent (in such capacity together with its successors and assigns, the “Term Agent”; and together with the ABL Agent, each, an “Agent” and collectively, the “Agents”) for a syndicate of lenders and other credit parties (the “Term Credit Parties”; and together with the ABL Credit Parties, each, a “Credit Party” and collectively, the “Credit Parties”) party to a Term Loan Credit Agreement, dated as of November 30, 2022 (as amended, modified, supplemented or restated, the “Term Credit Agreement”; and together with the ABL Credit Agreement, each, a “Credit Agreement” and collectively, the “Credit Agreements”), the Company has granted to each Agent, for each Agent’s benefit and the benefit of the other applicable Credit Parties, a security interest in and to the Company’s inventory, accounts, general intangibles, payment intangibles, equipment, and certain other assets, including, without limitation, all amounts due or to become due from the Processor to the Company. As used herein, “Controlling Agent” shall mean the ABL Agent; provided, that following delivery by the ABL Agent to the Processor of a written notice stating that the ABL Agent has ceased to be the Controlling Agent hereunder, “Controlling Agent” shall mean the Term Agent. For the avoidance of doubt, there shall only be one Controlling Agent at any given time. Under the Credit Agreements, the Company is obligated to deliver (or cause to be delivered) all proceeds of the Company’s accounts, accounts receivable, and inventory to the Controlling Agent. Such proceeds include all payments with respect to credit, debit, and charge card charges (the “Charges”) submitted by the Company to the Processor for processing and the amounts which the Processor owes to the Company on account thereof (the “Credit Card Proceeds”). Notwithstanding anything to the contrary contained in the Card Processing Agreement or any prior instr...

Merchant Account Number definition

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