Merchant Relationship definition
Examples of Merchant Relationship in a sentence
Merchant shall obtain from each Customer all consents required under the Rules and applicable law for the collection, use, storage and disclosure of any and all information provided by Customers or obtained by Merchant or its agents or Third Party Servicers under the Merchant Relationship or otherwise.
To the extent allowed by applicable law, Merchant shall indemnify and hold harmless Provider, Processor, Bank, Payment Network, and all third parties from any and all claims, losses or other liabilities arising from or in relation to (i) the Merchant Relationship or any Product; and/or (ii) Merchant’s non-compliance with the NACHA Rules, applicable law or the Rules, in each case including any and all costs associated with the legal defense related to such claims.
Following termination of this Agreement, the Company shall continue to receive its Residuals following such termination for as long as the Merchant account continues its Merchant Relationship with EFS provided that Residuals shall not be due following any termination resulting from breach of this Agreement by Company, except for Residuals already accrued and owing to the Company and not yet paid by EFS.
Exceptions to any of the above guidelines will be granted by obtaining approval from an additional signer as defined on the “FTPS Merchant Relationship Approval Authorities” one level above that required for the amount of exposure related to the application.
Provider is not party to the Merchant Relationship with ▇▇▇▇▇▇▇▇’s Customer that initiates the transaction, and Provider shall have no obligations thereunder or in respect thereof.
Corporate Headquarters, M.A. Road, Srinagar 190 001 Merchant Relationship Form Important Instructions Please fill all the information in block letters.
Merchant shall ensure that only sales transactions produced as the direct result of bona fide sales to Customers for such identified products and/or services as part of the Merchant Relationship are completed and delivered to Provider via Provider’s ConnexPoint platform for processing.
Provider is not party to the Merchant Relationship with Merchant’s Customer that initiates the transaction, and Provider shall have no obligations thereunder or in respect thereof.