Merchant Commission Rate definition

Merchant Commission Rate means, with respect to a Transaction amount, the percentage of that Transaction Amount as specified in the Schedule and additionally the amount per Transaction as specified in Schedule. Provided however that the Merchant Commission Rate may be revised by Xxxxxxx, and Arronax will advise Merchant of any such change not less than 30 days in advance of its effectiveness.
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Merchant Commission Rate means a percentage of the gross monetary value of the Transactions performed by the Merchant using the Acquiring Services, which is payable monthly by You to the Bank as reflected on Your Statement ;
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Examples of Merchant Commission Rate in a sentence

  • Arronax shall advise the Merchant Commission Rate from time to time.

  • Arronax reserves the right to adjust the Merchant Commission Rate from time to time.

  • RATE (MCR) In consideration of the services provided by Xxxxxxx, the Merchant agrees to pay to Arronax the Merchant Commission Rate and further charges as may be communicated to the Merchant from time to time, which shall be deducted by Arronax from the amount payable to the Merchant in terms of this agreement hereof in respect of a transaction amount.

  • RATE (MCR) In consideration of the services provided by Arronax, the Merchant agrees to pay to Arronax the Merchant Commission Rate and further charges as detailed in the schedule, which shall be deducted by Arronax from the amount payable to the merchant in terms of section 8 hereof in respect of a transaction amount.

  • Camirel reserves the right to adjust the Merchant Commission Rate from time to time.

  • RATE (MCR) In consideration of the services provided by Xxxxxxx, the Merchant agrees to pay to Camirel the Merchant Commission Rate and further charges as may be communicated to the Merchant from time to time, which shall be deducted by Xxxxxxx from the amount payable to the Merchant in terms of this agreement hereof in respect of a transaction amount.

  • RATE (MCR) In consideration of the services provided by Xxxxxxx, the Merchant agrees to pay to Arronax the Merchant Commission Rate and further charges as detailed in the schedule, which shall be deducted by Xxxxxxx from the amount payable to the merchant in terms of section 8 hereof in respect of a transaction amount.

Related to Merchant Commission Rate

  • Capitation rate means the fee the department pays monthly to a participating health or dental plan for each enrollee for the provision of covered medical or dental services whether or not the enrollee received services during the month for which the fee is intended.

  • Compounded Daily Reference Rate means, with respect to an Interest Period, the rate of return of a daily compound interest investment in the Specified Currency (with the applicable Reference Rate (as indicated in the relevant Final Terms and further provided for below) as the reference rate for the calculation of interest) and will be calculated by the Calculation Agent on the Interest Determination Date, as follows, and the resulting percentage will be rounded, if necessary, to the fifth decimal place, with 0.000005 being rounded upwards:

  • CPI Daily Inflation Reference Index means (A) in relation to the first day of any given month, the CPI Monthly Reference Index of the third month preceding such month, and (B) in relation to a day (D) (other than the first day) in any given month (M), the linear interpolation of the CPI Monthly Reference Index pertaining respectively to the third month preceding such month (M - 3) and the second month preceding such month (M - 2) calculated in accordance with the following formula:

  • HICP Daily Inflation Reference Index means (A) in relation to the first calendar day of any given month, the HICP Monthly Reference Index of the third month preceding such month, and (B) in relation to a calendar day (D) (other than the first calendar day) in any given month (M), the linear interpolation of the HICP Monthly Reference Index pertaining respectively to the third month preceding such month (M - 3) and the second month preceding such month (M - 2) calculated in accordance with the following formula:

  • Compounded Daily SOFR means, in relation to a Floating Rate Interest Period, the rate of return of a daily compound interest investment (with SOFR as reference rate for the calculation of interest) during the related Observation Period and will be calculated by the Calculation Agent on the related Interest Determination Date as follows: Where:

  • Lowest achievable emission rate or “LAER” means, for any source, the more stringent rate of emissions based on the following:

  • Compounded Daily SONIA means with respect to an Interest Accrual Period, the rate of return of a daily compound interest investment during the Observation Period corresponding to such Interest Accrual Period (with the daily Sterling overnight reference rate as reference rate for the calculation of interest) and will be calculated by the Calculation Agent (or such other party responsible for the calculation of the Rate of Interest, as specified in the Final Terms or Pricing Supplement) on the relevant Interest Determination Date, as follows, and the resulting percentage will be rounded, if necessary, to the fifth decimal place, with 0.000005 being rounded upwards: Where:

  • Current Rate means the applicable basic minimum wage rate for Local Workers by reason of any National or State Statute or Ordinance, prevailing on any date subsequent to the date 28 days prior to the latest date set for submission of Tenders.

  • Inflation rate means that term as defined in section 34d.

  • Annual summative evaluation rating means an annual evaluation rating that is based on appraisals of educator practice and student performance, and includes all measures captured in a teacher’s evaluation rubric. The four summative performance categories are ineffective, partially effective, effective, and highly effective.

  • Increased Reporting Period means the period commencing after the continuance of an Increased Reporting Event and continuing until the date when no Increased Reporting Event has occurred for 30 consecutive days.

  • Municipal Revitalization Index means the 2007 index by the

  • Compounded Daily XXXXX means, in relation to an Interest Period, the rate of return of a daily compound interest investment (with the daily Sterling overnight reference rate as reference rate for the calculation of interest) and will be calculated by the Fiscal Agent or the Calculation Agent, as applicable, as follows, and the resulting percentage will be rounded, if necessary, to the fifth decimal place, with 0.000005 being rounded upwards: Where:

  • Monthly Report Determination Date The meaning specified in Section 10.7(a).

  • Assessment Rate means, for any day, the annual assessment rate in effect on such day that is payable by a member of the Bank Insurance Fund classified as "well-capitalized" and within supervisory subgroup "B" (or a comparable successor risk classification) within the meaning of 12 C.F.R. Part 327 (or any successor provision) to the Federal Deposit Insurance Corporation for insurance by such Corporation of time deposits made in dollars at the offices of such member in the United States; provided that if, as a result of any change in any law, rule or regulation, it is no longer possible to determine the Assessment Rate as aforesaid, then the Assessment Rate shall be such annual rate as shall be determined by the Administrative Agent to be representative of the cost of such insurance to the Lenders.

  • Federal poverty level means the poverty level as defined by the most recently revised poverty income guidelines published by the United States Department of Health and Human Services in the Federal Register.