Referred Merchant definition

Referred Merchant shall have the meaning given to it in the Marketing Agreement.
Referred Merchant means a potential Merchant that was referred to EVERTEC by BPPR and who consequently executes a Merchant Agreement with EVERTEC and BPPR following the Effective Date.
Referred Merchant means any seller of goods, services, or both, referred to NOVA and Member by MSP, and which is a party to a Merchant Agreement. During the term and subject to the provisions of this Agreement, MSP shall provide to all Referred Merchants the services described in Section 2. H below.

Examples of Referred Merchant in a sentence

  • Upon request MSP will assist NOVA and Member in coordinating the implementation of such safeguards as NOVA or Member determine is prudent or necessary to create or require, with respect to any Referred Merchant, reserves, holdbacks, deposits or other safeguards against merchant losses.

  • MSP shall provide to each Referred Merchant necessary training in the procedures and Rules applicable to the acceptance of Credit Cards, the operation of terminal equipment and the use of NOVA products and services.

  • Without limitation as to additional or different safeguards, NOVA or Member may require a Referred Merchant to pay up to 100% of the funds deposited by a Referred Merchant for up to six months or more.

  • If EVERTEC enters into a Merchant Agreement with such potential Merchant, BPPR shall be paid a referral fee of $25 for each Referred Merchant (the “BPPR Referral Compensation”).

  • For example, amounts payable to MSP for Referred Merchant revenues collected for March Transactions shall be paid to MSP by April 30, but NOVA will attempt to pay such revenues by April 15).


More Definitions of Referred Merchant

Referred Merchant means a Merchant who is referred to Fundomate Services by the Partner via the Merchant Data provided by Partner, either through the Website, or otherwise.
Referred Merchant means a merchant referred to Elavon by the Bank pursuant to, and during the term of this Agreement (including any extensions and renewals hereof) that, as a result of such referral, enters into a Merchant Agreement with Elavon and the Member.
Referred Merchant means a merchant referred to NOVA by the Bank pursuant to, and during the term of this Agreement (including any extensions and renewals hereof) that, as a result of such referral, enters into a Merchant Agreement with NOVA and the Member.
Referred Merchant means a merchant who is referred to BigCommerce by Partner through a BigCommerce-provided affiliate link, a dedicated marketing leads registration page provided by BigCommerce, or the Partner Portal, and who (i) has not registered for BigCommerce's services prior to the date of the referral by Partner, (ii) has an active business relationship with Partner, (iii) has been approved by BigCommerce, (iv) enters into a BigCommerce services agreement within six
Referred Merchant means a Merchant that has engaged with Loox via a Referral Partner-unique promo code designated by Loox.
Referred Merchant means any seller of goods, services or both, referred to Capital Bankcard, Inc. by Affiliate, and which is a party to a Merchant Agreement.
Referred Merchant. “Service”