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Monthly Sales Volume definition

Monthly Sales Volume means the total payment volume processed by you through any Service using any payment method, which is used for determination of fees as set forth on the Fees page.
Monthly Sales Volume means the gross dollar amount of Charge Card Sales Records, before return, refund or exchange, that are generated by Merchants and processed by Processor during a calendar month.
Monthly Sales Volume means the gross Kuwaiti Dinars (KWD) amount of Card Sales Records, before return, refund, or exchange that are generated by the Merchant (Customer) and processed by the Bank during a calendar month pursuant to this Merchant (Customer) Agreement.

Examples of Monthly Sales Volume in a sentence

  • If at any time either of such benchmarks is exceeded, Bank may reduce the maximum Monthly Sales Volume it will settle under this Agreement to such figure as Bank reasonably deems necessary, and the parties will cooperate in an effort to reduce Merchant Chargebacks to levels below the benchmarks set forth in this subparagraph, at which time the maximum Monthly Sales Volume will be restored to $[****].

  • Bank agrees that Bank will settle Transactions up to and including a maximum Monthly Sales Volume of $[****] so long as the ratio of total Merchant Chargebacks (all Merchants) to total gross dollar volume (all Merchants) is less than [****]% and total Merchant Chargebacks (all Merchants) are less than $[****] per month.

  • As consideration for Purchaser making the necessary financial accommodations and foregoing other factoring opportunities available in the market place, Seller agrees to pay the Purchaser during the Original Term and for each Renewal Term, the Minimum Monthly Sales Shortfall Fee if, at the end of each monthly period, the actual monthly sales volume is less than the Minimum Monthly Sales Volume.

  • If at any time either of such benchmarks is exceeded, Bank may reduce the maximum Monthly Sales Volume it will settle under this Agreement to such figure as Bank reasonably deems necessary, and Bank and iPayment will thereafter cooperate in an effort to reduce Merchant Chargebacks to levels below the benchmarks set forth in this subsection, at which time the maximum Monthly Sales Volume will be restored to $[****].

  • PayPal Services Fees Products that offer the Service Direct Payments* Monthly Sales Volume $0.01 - $3,000.00 $3,000.01 - $12,000.00 $12,000.01 or greater Fee 2.9% + $0.30 2.5% + $0.30 † 2.2% + $0.30 † PayPal Payments Advanced, PayPal Payments Pro, Website Payments Pro Express Checkout Purchase Payment Fees set forth in the PayPal User Agreement shall apply.

  • Example 1—Differential Adjustment When ARMS Sales Volume for the Current Month Falls Below 22% of Total Monthly Sales Volume (B) If monthly oil sales volumes not reported under the sales type code OINX on Form ONRR–2014 by des- ignated area and crude oil type exceed28 percent, then ONRR will decrease the LCTD by 10 percent every month until the monthly oil sales volumes re- ported under the sales type code for gross proceeds on Form ONRR–2014 fall within the ± 3 percent range.

  • Once approved, the rate is based upon your Monthly Sales Volume for the prior month.

  • The COMPANY will give stock to the CELEBRITY which will be restricted for one year from issuance and will be as follows: Monthly Sales Volume Stock Options -------------------- ------------- $ 300,000 300,000 shares 600,000 600,000 shares 1,000,000 1,000,000 shares These stock options will remain in place until certificates are issued once volumes are met as long as the CELEBRITY maintains the distributorship by paying the annual dues of $15.00.

  • PayPal Payments Advanced, PayPal Payments Pro, Website Payments Pro Monthly Sales Volume Fee PayPal Payments Pro, Virtual Terminal* $0.01 - $3,000.00 $3,000.01 - $12,000.00 $12,000.01 or greater 3.1% + $0.30 2.7% + $0.30 † 2.4% + $0.30 † Website Payments Pro, Virtual Terminal (only) PayPal Payments American Express Direct Payments and Virtual Terminal Payments The Per Transaction Fee for Payflow Link set forth in the Payflow Gateway Services Agreement shall apply.

  • Bank agrees that Bank will settle Transactions up to and including a maximum Monthly Sales Volume of $[****] so long as the ratio of total Merchant Chargebacks (all Merchants) to Monthly Sales Volume is less than [****]% and total Merchant Chargebacks (all Merchants) are less than $[****] per month.


More Definitions of Monthly Sales Volume

Monthly Sales Volume means the gross Omani Rial (OMR) amount of Card Sales Records, before return, refund, or exchange that are generated by the Merchant and processed by the Bank during a calendar month pursuant to this Merchant Agreement.

Related to Monthly Sales Volume

  • Monthly Volume means the product of the Committed Volume multiplied by the number of days in the relevant month.

  • Declared Monthly Consumption means the Declared Monthly Consumption set out in the Acceptance Form for Electricity Supply.

  • Gross Sales Price with respect to each sale of Shares sold pursuant to this Agreement shall be the gross sales price per share of such Shares.

  • Monthly Service Fee means a monthly charge to a member for continuing care and not as rent, or a daily prorated portion thereof.

  • Sales Revenue means receipts from the sale, lease, or rental of goods, services, or property;

  • Contract Quarter means a three-month period that commences on January 1, April 1, July 1 or October 1 and ends on March 31, June 30, September 30, or December 31, respectively.

  • Monthly Loss Amount means the sum of all Foreclosure Losses, Restructuring Losses, Short Sale Losses, Portfolio Losses, Modification Default Losses and Deficient Losses realized by the Assuming Institution for any Shared Loss Month.

  • Contract Sales Price means the total consideration received by the Company for the sale of an Investment.

  • Gross Standard Volume as herein used means volume corrected to a temperature of sixty degrees (60°) Fahrenheit, in accordance with the latest API/ASTM measurement standards, and at equilibrium vapor pressure.

  • Quarterly (1/Quarter) sampling frequency means the sampling shall be done in the months of March, June, August, and December, unless specifically identified otherwise in the Effluent Limitations and Monitoring Requirements table.

  • Monthly Average Subscriber Level means the average number of Subscribers of the Licensee in a particular month, as set forth in the applicable month’s Subscriber Report (refer Schedule D).

  • Net Sales Price means the gross sales price to retailers of all Licensed Products sold under this Agreement or, with respect to Licensed Products that are not sold directly or indirectly to retailers, other ultimate consumers (as in the case of accommodation sales by Licensee to its employees or sales by Licensee in its own shops), less trade discounts, merchandise returns, sales tax (if separately identified and charged) and markdowns and/or chargebacks which, in accordance with generally accepted accounting principles, would normally be treated as deductions from gross sales, and which, in any event, do not include any chargebacks or the like for advertising, fixture or retail shop costs or contributions. Notwithstanding the foregoing, Licensor hereby waives its right to (i) receive royalties hereunder for, or (ii) include within the calculation of Net Sales Price for the purpose of calculating the Annual Advertising Obligation as set forth in paragraph 4.6 hereof, sales of units of Licensed Products sold at a discount of [OMITTED; MATERIAL FILED SEPARATELY WITH SECURITIES AND EXCHANGE COMMISSION] or more off the regular wholesale price ("Discounted Units"), provided that such waiver shall only apply to the extent that the aggregate Net Sales Price of Discounted Units for any year does not exceed [OMITTED; MATERIAL FILED SEPARATELY WITH SECURITIES AND EXCHANGE COMMISSION] of the Net Sales Price of all units of Licensed Products other than Discounted Units sold in such year. No other deductions shall be taken. Any merchandise returns shall be credited in the quarter in which the returns are actually made. For purposes of this Agreement, affiliates of Licensee shall mean all persons and business entities, whether corporations, partnerships, joint ventures or otherwise, which now or hereafter control, or are owned or controlled, directly or indirectly by Licensee, or are under common control with Licensee. It is the intention of the parties that royalties will be based on the bona fide wholesale prices at which Licensee sells Licensed Products to independent retailers in arms' length transactions. In the event Licensee shall sell Licensed Products to its affiliates, royalties shall be calculated on the basis of such a bona fide wholesale price irrespective of Licensee's internal accounting treatment of such sale unless such products are sold by its affiliates directly to the end-user consumer, in which case royalties shall be calculated on the basis of the price paid by the end-user consumer, less applicable taxes. Licensee shall identify separately in the statements provided to Licensor pursuant to paragraph 7 hereof, all sales to affiliates. At least once annually and no later than 90 days after the close of Licensee's fiscal year, Licensee shall furnish to Licensor a statement of the Net Sales Price of all Licensed Products sold during the year just ended, which shall be certified by the independent auditor for Licensee as correct and in accordance with the terms of this Agreement.

  • Net Sales Revenue shall have the meaning as set out in Schedule "A"

  • Contract Year means each period of twelve (12) consecutive months during the Initial Term of this Agreement, with the first Contract Year commencing on the Effective Date, and with each subsequent Contract Year commencing on the anniversary of the Effective Date.

  • Runoff volume means the volume of water that runs off the land development project from a

  • Service Volume means a measure of Services for which a Performance Target is set.

  • Average Monthly Limit means the maximum allowable "Average Monthly Concentration" as defined in Section 22a-430-3(a) of the RCSA when expressed as a concentration (e.g. mg/l); otherwise, it means "Average Monthly Discharge Limitation" as defined in Section 22a-430-3(a) of the RCSA.

  • Gross Sales means the sum total of all retail sales of tangible personal property or services as

  • Minimum Monthly Payment for any Mortgage Loan and any month means the minimum amount required to be paid by the related mortgagor in that month.

  • Volumetric Production Payments means production payment obligations recorded as deferred revenue in accordance with GAAP, together with all undertakings and obligations in connection therewith.

  • Closing Sales Price means, for any security as of any date, the last sales price of such security on the principal trading market where such security is listed or traded as reported by Bloomberg Financial Markets (or a comparable reporting service of national reputation selected by the Corporation if Bloomberg Financial Markets is not then reporting closing sales prices of such security) (collectively, “Bloomberg”), or if the foregoing does not apply, the last reported sales price of such security on a national exchange or in the over-the-counter market on the electronic bulletin board for such security as reported by Bloomberg, or, if no such price is reported for such security by Bloomberg, the average of the bid prices of all market makers for such security as reported in the “pink sheets” by the National Quotation Bureau, Inc., in each case for such date or, if such date was not a trading day for such security, on the next preceding date that was a trading day. If the Closing Sales Price cannot be calculated for such security on any of the foregoing bases, the Closing Sales Price of such security on such date shall be the fair market value as reasonably determined by an investment banking firm selected by the Corporation, with the costs of such appraisal to be borne by the Corporation.

  • Sales Year means the calendar year during which the Company sold Cigarettes in a Beneficiary State requiring the deposit of QEF Principal.

  • Monthly Debt Service Payment Amount means, for each Monthly Payment Date, an amount equal to the amount of interest which is then due on all the Components of the Loan in the aggregate for the Interest Period during which such Monthly Payment Date occurs.

  • Monthly P&I means, with respect to any Receivable, the amount of each monthly installment of principal and interest payable with respect to such Receivable in accordance with the terms thereof, exclusive of any charges allocable to the financing of any insurance premium and charges which represent late payment charges or extension fees.

  • Daily Contract Quantity or “DCQ” means the quantity of Gas as set out in Clause 4.1 herein.

  • Quarterly (1/Quarter) sampling frequency means the sampling shall be done in the months of March, June, August, and December, unless specifically identified otherwise in the Effluent Limitations and Monitoring Requirements table.