Merchant Processing. SETTLEMENT ------------------------------- AND AUTHORIZATION SERVICES -------------------------- 1.1 Applicability of Article I. The Bank and BAMSI agree and acknowledge -------------------------- that, depending on various factors, including Merchant (as hereinafter defined) location and the requirements of Visa or MasterCard rules and regulations, to the extent such rules and regulations are applicable, BAMSI shall act as the Bank's Member Service Provider (as defined in such rules and regulations) with respect to certain Merchants in connection with the provision of Merchant Processing Services (as hereinafter defined) and the provisions of this Article I shall operate to govern such relationship.
Appears in 2 contracts
Sources: Sponsorship and Processing Agreement (Ba Merchant Services Inc), Sponsorship and Processing Agreement (Ba Merchant Services Inc)