Examples of Transaction Record in a sentence
Unless specifically authorized in writing by Provider, Merchant may not collect or attempt to collect any Transaction Record, including Chargebacks, and will hold in trust for Provider and promptly deliver in kind to Provider any payment Merchant receives, in whole or in part, of the amount of any accepted Transaction, together with the Cardholder’s name and account number and any corresponding accompanying payment.
By presenting Transaction Records to Provider for collection and payment, Xxxxxxxx agrees to sell and assignall its right, title and interest in each Transaction Record completed in conformity with Provider’s acceptance procedures.
Provider may refuse to process any Transaction Record made subject to a revised return or cancellation policy of which Provider has not been notified as required herein.
Provider may refuse to process any Transaction Record presented by Xxxxxxxx: (a) if a proper authorization number or approval code has not been recorded on the Transaction Record; (b) if Provider determines that the Transaction Record is or is likely to become uncollectible from the Cardholder to which the Transaction would otherwise be charged; or (c) if Provider has reason to believe that the Transaction Record was prepared in violation of any provision of this Agreement or the Network Rules.
Provider may receive payment of any Transaction Record presented by Xxxxxxxx and paid by Providerunless and until there is a Chargeback.