Merchant Processing Agreement definition

Merchant Processing Agreement means a written agreement among LP, Provider And an Approved Merchant that governs the Approved Merchant's participation in the Processing Service, which agreement shall be acceptable to LP and Provider.

Merchant Processing Agreement means any agreement for provision of Processing Services or Products in effect between DCS and a Merchant and, in some cases, a DCS Service Provider, and shall include any information provided by the Merchant as part of the agreement.

Merchant Processing Agreement means the agreement entered into between MRI and Client authorizing Bank and Payment Providers to provide payment processing services to Client which can be found at xxxxx://xxx.xxxxxxxxxxx.xxx/MerchantProcessingAgreement, and may be updated from time to time by MRI.

Examples of Merchant Processing Agreement in a sentence

• If you enter into a lease or rental agreement for the use of credit card processing equipment, you understand that such agreement is separate and apart from the Merchant Processing Agreement and is subject to the terms and conditions of the lease or rental agreement.

• Termination of your Merchant Processing Agreement with Processor does NOT automatically terminate your equipment lease, it only terminates your processing agreement with Member Bank with respect to payment card processing and any other electronic transactions that are settled through the Member Bank as designated on your monthly statement from the Member Bank.

• By signing the Merchant Processing Application, Respondents agreed to all terms and conditions contained in the Merchant Processing Agreement.

• In the event of an inconsistency between the Application and this Merchant Processing Agreement, the terms of the Application (unless left blank) will control.

• In the event of a conflict between the Bank Rules and this Merchant Processing Agreement, the Bank Rules shall prevail.

More Definitions of Merchant Processing Agreement

Merchant Processing Agreement means a written agreement among SERVICERS and an Approved Merchant that governs the Approved Merchant's participation in the Program. The initial Merchant Processing Agreement agreed to by the parties is attached hereto as EXHIBIT F. The Merchant Processing Agreement may be modified by mutual written agreement of SERVICERS and IPAYMENT. IPAYMENT shall cease its use of any Merchant Processing Agreement which may become unacceptable to SERVICERS, in SERVICERS' sole, reasonable judgment, upon thirty (30) days' notice (unless, however, a shorter timeframe is required by an Association, the Rules or applicable law, rules or regulations, in which case, such shorter timeframe will apply).

Merchant Processing Agreement. The agreement between Merchant Processor and Borrowers pursuant to which Merchant Processor agrees to process all electronic payments including credit and debit cards and agrees to remit such amounts only to Lender, together with all other documents executed in connection therewith.

Merchant Processing Agreement means a written agreement among ISO, Bank and an Approved Merchant that governs the Approved Merchant’s participation in the Program, as provided by and/or approved by SERVICERS and ISO. ISO shall cease its use of any form of Merchant Processing Agreement that becomes unacceptable to SERVICERS within ninety (90) days of receipt of written notice from SERVICERS or such shorter period of time as may be required to comply with the Rules or to prevent a loss to SERVICERS. For the avoidance of doubt, ISO shall be responsible for effecting any necessary and appropriate amendments to the Merchant Processing Agreement that may become necessary as a result of subsequent amendments to the Rules or SERVICERS’ requirements. In the event a Merchant refuses to consent to any such amendment during the applicable ninety (90) day period, ISO will notify SERVICERS, and Bank or FFB will have the right to terminate its sponsorship of such Merchant and the applicable Merchant Processing Agreement.

Merchant Processing Agreement. Agreement”)” means the Merchant Application, the Guaranty and these Terms and Conditions, and any supplementary documents referenced herein, and schedules, exhibits and amendments to the foregoing.

Merchant Processing Agreement means a contract between a credit card processor and

Merchant Processing Agreement means a written agreement entered into between the Banks and a Merchant pertaining to Bankcard Sales by the Merchant

Merchant Processing Agreement means an agreement between a Participating Channel or FDMS and a Participating Merchant, whether existing as of the Effective Date or entered into at any time during the Initial Term or any Renewal Term of this Agreement, as the same may be amended from time to time, whereby such Participating Merchant has engaged a Participating Channel or FDMS to provide certain Card transaction processing services.