PCI Requirements means, collectively, PCI Security Standards Council’s Payment Card Industry Data Security Standard and all other applicable rules and requirements as may be promulgated from time to time by the PCI Security Standards Council, by any successor thereto, by any member thereof, or by any entity that functions as a card brand, card association, payment processor, acquiring bank, merchant bank or issuing bank with respect to a payment card bearing the logo of a PCI Security Standards Council member, including, without limitation, the Payment Application Data Security Standards and all audit and filing requirements.
PCI Requirements has the meaning set forth in Section 3.20(e).
PCI Requirements means the PCI DSS and all Relevant Laws relating to: (i) the handling, storage and processing of currency, and (ii) the handling and storage of payment card data. Permitted Use means the use for which the Customer is permitted to use the Services, as set out in Schedule 1. Personnel includes any employee, officer, agent and consultant of a party. Relevant Law means any Act of Parliament, order, regulation and bylaw made with statutory authority, provision of common law or other binding law, or requirement of any authorisation, licence, permission, consent, permit, code of practice, rule or guidance of any competent authority (including any court, inspectorate, agency public or statutory person or the like) relevant to the Services. Representative means the Vix Representative and/or the Customer Representative as the context requires. Schedule means a schedule to this Agreement. Services means those services as further described in Schedule 1. Service Commencement Date means the date in which the Services are available to the Customer.
Examples of PCI Requirements in a sentence
Service Provider further agrees that it and its subcontractors, through their acts or omissions, shall not cause Receiving Party or its Affiliates to be in violation of the PCI Requirements or the Cardholder Data Protection Laws.
Such Group Company and its Subsidiaries have written agreements with each third party service provider or partner having access to Personal Information requiring compliance with PCI Requirements to the extent applicable.
Each Payment Subsidiary shall at all times be in compliance in all material respects with all applicable Rules of the Visa and MasterCard card associations (and the Rules of any other applicable Approved Bank Card System) and the PCI Requirements, as applicable.
If you use the Services to accept Transactions, you must comply with the Payment Card Industry Data Security Standards ("PCI-DSS") and, if applicable to your business, the Payment Application Data Security Standards ("PA-DSS") (collectively, the "PCI Requirements").
You agree to provide us with evidence demonstrating your compliance with the PCI Requirements, if requested.
More Definitions of PCI Requirements
PCI Requirements means PCI-DSS Requirements or PA-DSS Requirements, as applicable.
PCI Requirements means the PA-DSS Requirements (if applicable), the PCI-DSS Requirements and other rules or regulations of the Approved Bank Card Systems related to data security.
PCI Requirements shall have the meaning set forth in Section 5.09(b).
PCI Requirements mean all rules, regulations, standards and guidelines adopted or required by (i) all payment card brands that are accepted as a form of payment by, or whose instrument information is otherwise handled by the Company, and (ii) the Payment Card Industry Security Standards Council, in either case relating to privacy, data security or the safeguarding, disclosure or handling of payment instrument information, including but not limited to (A) the Payment Card Industry Data Security Standards, (B) the Payment Card Industry’s Payment Application Data Security Standard, (C) the Payment Card Industry’s PIN Transaction Security requirements, (D) Visa’s Cardholder Information Security Program and Payment Application Best Practices, (E) American Express’s Data Security Operating Policy, (F) MasterCard’s Site Data Protection Program and POS Terminal Security program, and (G) the analogous security programs implemented by other card brands, in each case as they may be amended from time to time.
PCI Requirements means the PA-DSS Requirements (if applicable), the PCI- DSS Requirements and other rules or regulations of the Approved Bank Card Systems related to data security. “Pension Plan” means any Employee Benefit Plan, other than a Multiemployer Plan, which is subject to Section 412 of the Internal Revenue Code or Section 302 of ERISA. “Permitted Acquisition” means any acquisition by (i) a Company or any of its wholly-owned Guarantor Subsidiaries, whether by purchase, merger or otherwise, of all or substantially all of the assets of, all of the Capital Stock of, or a business line or unit or a division of, any Person (including, for clarity, purchases of Merchant Accounts, Merchant Agreements, any rights to any residual payment stream with respect thereto and/or portfolios consisting thereof) or (ii) any Holding Company of all of the Capital Stock of any Person, in each case, for which such Holding Company, such Company or wholly-owned Guarantor Subsidiary has obtained the prior written consent of Administrative Agent in its sole and absolute discretion; provided, a Holding Company (solely with respect to an acquisition of Capital Stock), a Company or any of their respective wholly-owned Guarantor Subsidiaries may consummate any such acquisition without the prior written consent of Administrative Agent upon satisfaction of the following conditions: (a) immediately prior to, and after giving effect to, such acquisition, no Default or Event of Default shall have occurred and be continuing or would result therefrom; (b) all transactions in connection therewith shall be consummated, in all material respects, in accordance with all applicable laws and in conformity with all applicable Governmental Authorizations; (c) in the case of the acquisition of Capital Stock, all of the Capital Stock (except for any such Securities in the nature of directors’ qualifying shares required pursuant to applicable law) acquired or otherwise issued by such Person or any newly formed Guarantor Subsidiary of a Company in connection with such acquisition shall be owned 100% by a Company or a Guarantor Subsidiary thereof, and such Company or Guarantor Subsidiary shall have taken, or caused to be taken, as of the date such Person becomes a Subsidiary of such Company or Guarantor Subsidiary, each of the actions set forth in Sections 5.10 and/or 5.11, as applicable; (d) Holding Companies and their respective Subsidiaries shall be in compliance with the financial covenants set forth in Section...
PCI Requirements means the requirements of the Payment Card Industry Security Standards Council as specified on the website located at: xxxxx://xxx.xxxxxxxxxxxxxxxxxxxx.xxx/index.htm or its successor, as such requirements may be updated and/or amended from time to time. “Sensitive Authentication Data” means security-related information, including, without limitation, card verification value data, full Track Data (from the magnetic stripe or equivalent on a chip), and PINs (and PIN Blocks) used to authenticate cardholders and/or authorize card transactions. “Track Data” means data encoded in the magnetic stripe or chip used for authentication and/or authorization during a payment transaction.
PCI Requirements shall have the meaning set forth in Section 2.10(o) of this Agreement.