Visa Related Entities

Visa Related Entities. Means any past, current or future entity making, using, offering to sell, selling, importing, licensing, advertising, processing, facilitating, participating in the research and development of or commercializing any Licensed Activity. Visa Related Entities include Visa's clients, issuers, end-users, member banks (and member banks' agents and processors), acquirers, partners, merchants, vendors, service providers, licensees, and manufacturing or technology partners, but only with respect to such... entities' conduct in relation to any Licensed Activity. With respect to Visa member banks, Visa Related Entities also include parents, subsidiaries, successors, officers, directors, employees, representatives, attorneys, and any entity that directly or indirectly controls, is controlled by, or is under common control with a Visa Related Entity, whether through the ownership of securities, as a result of contract, or otherwise (it being understood that the ownership of securities or other instruments representing 50% or more of the outstanding voting power of a particular entity, or the right to appoint 50% or more of the directors of the entity, shall conclusively constitute control for the purpose of this definition). View More