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.
In the event of a conflict between the Bank Rules and this Merchant Processing Agreement, the Bank Rules shall prevail.
Third-party beneficiary rights may be conferred to American Express, but not obligations to the Merchant Processing Agreement, providing American Express the ability to enforce the terms of the Agreement against the Merchant in association with the American Express Program only.
An advantage of CRF++ and Wapiti is the support for bi-gram features: basically, the transition weights can be parameterized by the features instead of being constants.