Processor Agreement definition
Processor Agreement means an agreement between a Receivables Obligor and a Processor with respect to the processing of certain Credit Card Payments due to such Receivables Obligor.
Processor Agreement means an agreement, by and between a Borrower or a Restricted Subsidiary, as applicable, and the applicable Sponsor Bank or other third party data processor (the “Processor”), which provides for credit card and/or debit card transaction processing and related services to Merchants pursuant to one or more Approved Bank Card Systems (including services relating to the authorization, transaction capture, settlement, chargeback handling and transaction processing of credit card and debit card transactions).
Processor Agreement means an agreement, by and between the applicable Payment Subsidiary and the applicable Sponsor Bank and/or other third party data processor (the “Processor”), which provides for credit card and/or debit card transaction processing and related services to Merchants pursuant to, and in accordance with, one or more Approved Bank Card Systems (including services relating to the authorization, transaction capture, settlement, chargeback handling and transaction processing of credit card and debit card transactions).
Examples of Processor Agreement in a sentence
Such an agreement shall at minimum provide the same data protection obligations as the ones applicable to the Data Processor, including the obligations under this Data Processor Agreement.
Any breach of the Data Processor Agreement and applicable laws on data protection by the Supplier shall always be regarded as gross negligence.
If the Data Processor Agreement has not been in force for 12 months before the occurrence of the circumstances leading to a breach of contract, the limited liability amount shall be calculated proportionately based on the actual performed payments.
The Data Processor’s processing of the Data Controller’s Personal Data in the three months after the termination of this Data Processor Agreement shall be considered as being in accordance with the Instruction.
To the extent the Supplier is processing personal data on behalf of the Lead Purchaser, the Purchaser and/or any ASSA ABLOY Group company under this Purchase Agreement, what is set out in the Data Processor Agreement shall apply.
More Definitions of Processor Agreement
Processor Agreement means an agreement between a Controller and a Processor or between a Processor and a Sub-Processor governing the processing of personal data.
Processor Agreement the present agreement including Annexes, as referred to in Article 28(3)
Processor Agreement. “Processor Agreement” means an agreement, by and between a Borrower or a Restricted Subsidiary, as applicable, and the applicable Sponsor Bank or other third party data processor (the “Processor”), which provides for credit card and/or debit card transaction processing and related services to Merchants pursuant to one or more Approved Bank Card Systems (including services relating to the authorization, transaction capture, settlement, chargeback handling and transaction processing of credit card and debit card transactions). “PRTH” means Priority Technology Holdings, Inc. “PRTH Pledge Agreement” means the Equity Holder Pledge and Security Agreement, dated as of the Closing Date, made by PRTH in favor of the Collateral Agent. “PTE” means a prohibited transaction class exemption issued by the U.S. Department of Labor, as any such exemption may be amended from time to time. “QFC” has the meaning assigned to the term “qualified financial contract” in, and shall be interpreted in accordance with, 12 U.S.C. 5390(c)(8)(D). “Qualified Capital Stock” means any Capital Stock that is not Disqualified Capital Stock. “Qualified Designated Restricted Subsidiary Investment” means any Investment made by a Designated Restricted Subsidiary pursuant to Section 6.07; provided that such Investment is not made with the proceeds of any Investment in such Designated Restricted Subsidiary by any Credit Party or Restricted Subsidiary (other than a Designated Restricted Subsidiary). “Qualified ECP Guarantor” means in respect of any Swap Obligations, each Credit Party that, at the time the relevant guaranty (or grant of the relevant security interest, as applicable) becomes or would become effective with respect to such Swap Obligations, has total assets exceeding $10,000,000 or such other Person as constitutes an “eligible contract participant” under the Commodity Exchange Act or any regulations promulgated thereunder and which may cause another Person to qualify as an “eligible contract participant” with respect to such Swap Obligations at such time by entering into a keepwell pursuant to section 1a(18)(A)(v)(II) of the Commodity Exchange Act (or any successor provision thereto). “Qualified Receivables Financing” means any Receivables Financing that meets the following conditions: 1) the Initial Borrower shall have determined in good faith that such Qualified Receivables Financing (including financing terms, covenants, termination events and other provisions) is in the aggregate ec...
Processor Agreement means an agreement between a Controller
Processor Agreement means this data processor agreement between Partner and Huacheng.
Processor Agreement. This Agreement including its annexes
Processor Agreement or “Data Processor Agreement”) forms part of the Main Agreement and governs the processing of Personal Data in connection with the Main Agreement. Except as may be otherwise required under Data Protection Laws, Customer, on behalf of any other Controller (e.g., where applicable, companies within its company group or other Controllers designated by Customer and as may be agreed by Supplier in writing from time to time), shall serve as a single point of contact for Supplier in all matters under this Data Processor Agreement and shall be responsible for the internal coordination, review and submission of instructions or requests to Supplier as well as the onward distribution of any information, notifications and reports provided by Supplier hereunder.