Agent Requirements Clause Samples
Agent Requirements. Notwithstanding any provision contained in the Senior Loan Documents which would otherwise require (i) Anglo Irish Bank Corporation Limited (“Anglo”) to (a) to remain as Agent, or (b) retain a minimum Commitment, (ii) require the consent of any other person, including, without limitation any Borrower or any other Lender, as a condition precedent to the effectiveness of Anglo’s resignation as Agent, or (iii) that any successor Agent to Anglo satisfy the conditions of an Eligible Assignee (clauses (i), (ii) and (iii) collectively, being referred to as the “Agent Transfer Restrictions”), each Borrower and each Lender hereby acknowledge and agree that from and after the date hereof, such Agent Transfer Restrictions shall be of no force or effect.
Agent Requirements. Agent shall, at its sole expense, provide, configure and be responsible for the proper functioning of Internet connectivity, hardware, systems software, and other applications software recommend by AgencyZOOM during the Term for proper functioning of the Product.
Agent Requirements. An E-Float in the amount of RWF 100,000 for an agent and RWF 50,000 for a mini-agent. shall be deposited into the MobiCash at any of the following banks: I&M Bank Account No. 00010-▇▇▇▇▇▇▇- 03-50 Bank of Kigali Account No. 00042- ▇▇▇▇▇▇▇-13 Ensure that Cash at hand is sufficient to conduct CASH OUT transactions. Ensure that the minimum E-Float is not below RWF 20,000 for an agent and RWF 10, 000 for a mini- agent.
Agent Requirements. 11.1 TOPOS retains the right to reject an Agent’s application to join the network if any of the following requirements are not sufficiently met:
11.1.1 The Agent must have a valid BVN;
11.1.2 The Agent must have a bank account in Nigeria that they can use for transfers between themselves and TOPOS;
11.1.3 The Agent must have a laptop or similar widescreen device that can access the internet and the TOPOS platform;
11.1.4 The Agent must have a sufficiently stable and fast internet connection to interact with the TOPOS platform without experiencing time-outs;
11.1.5 The Agent must be accessible to customers at least 5 days per week and no less than 35 hours per week.
11.1.6 The Agent must be accessible to customers in a walk-in facility
11.1.7 The Agent must not pay any insurance fee during the Pilot Phase.
11.2 The Agent undertakes to inform TOPOS without delay of any event that entails a change in the opening hours, undertaking to do everything possible to remedy, within a reasonable period of time, the event that caused the interruption of the Service.
11.3 TOPOS retains the right to update agent requirements at any time without notice and request additional individual requirements as it sees necessary.
11.4 TOPOS retains the right to temporarily restrict access of the Agent to the TOPOS platform at any time without prior notice.
Agent Requirements. In accordance with applicable Card Brand Rules related to the registration and use of agents and merchant servicers, TSYS shall:
(a) Identify to Visa, U.S.A. all agents communicating with TSYS and identify all BINs to which any such agent submitted transactions during the quarterly reporting period;
(b) Provide to COMPANY, on a quarterly basis as required, a list of all agents or merchant servicers that utilize the COMPANY BIN; and [***] Indicates that text has been omitted which is the subject of a confidential treatment request. The text has been separately filed with the Securities and Exchange Commission.
(c) Notify COMPANY in writing and receive from COMPANY written approval prior to allowing any agent or merchant servicer access to use any COMPANY BIN or prior to granting such agent or merchant servicer access to cardholder information. COMPANY agrees to execute the attached Exhibit “A-I” authorizing agent or merchant servicer access to COMPANY BIN(s).