Merchant Credit definition

Merchant Credit means the amount of cash tendered, or given to, the Merchant by Customers in exchange for YODO Credit, minus any cash back, or cash returned, to Customers by the Merchant in exchange for YODO Credit since the last Settlement (as defined below) (or if there has not yet been a Settlement, since the date of this Agreement).
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Examples of Merchant Credit in a sentence

  • Without limiting our rights under the Merchant Credit Card Processing Agreement, in addition, neither Member nor Global Direct are responsible for: (i) consequential or incidental damages caused by services performed by Member or Global Direct, our agents, or your internet services provider; (ii) damages arising from unauthorized access to E-statements; or (iii) any costs associated with updating, modifying, or terminating your software or hardware.

  • This would include a Company Concentration (cash) account mapped to the following ZBA accounts: Receivables & Lockbox, Merchant (Credit Card), Payables and Payroll.

  • If you want to accept Visa and MasterCard, the enclosed M&I Merchant Credit Card application will need to completed by May 1st and faxed to ▇▇▇▇ ▇▇▇▇▇▇▇; Fax: 414­270­6597.

  • WINenergy’s Merchant Credit CardID is: 9615758 WINenergy’s Direct Debit ID: 325422 Print Name I/We have read and accept the WINenergy Terms and Conditions on Page 2 Position Signature Date / / P + 61 3 9832 0000 F +▇▇ ▇ ▇▇▇▇ ▇▇▇▇ E e nqui r ies @ winen er gy .

  • The Company shall use the proceeds of the Securities (i) for the purpose of financing the acquisition by its Subsidiary, Direct Merchant Credit Card Bank, National Association, of the assets described in the Purchase and Sale Agreement dated September 4, 1998 between such Subsidiary and PNC National Bank, and (ii) for general corporate purposes.

  • FNBB hereby agrees to use all reasonable efforts to cause BayBank to transfer to UST all of BayBank's interest in certain Merchant Credit Card machines owned or leased by BayBank, in each case at a price to be mutually agreed upon by the parties hereto.

  • Further, Merchant waives and will hold harmless Bank and Cornerstone from any claims that Merchant may raise because of such reporting; (d) Upon termination for any reason, Merchant will immediately cease requesting Authorizations NET1Cornerstone Merchant Credit Card Processing Agreement Revised 05/28/03 and will cease transmitting Sales Drafts to Bank and Cornerstone.