Cardholder Verification Clause Samples
Cardholder Verification. Sears will not complete a Card Sale before the “Valid From” date or after the expiration date of a Sears Credit Card, where applicable. Sears will complete a Card Sale only if the signature on the sales draft or Sales Record is the same as the signature appearing on the Sears Credit Card (which signature may, but need not be, the name embossed or printed on the Sears Credit Card). If identification is uncertain or if Sears otherwise questions the validity of the Sears Credit Card, it will promptly contact Purchaser for Authorization and other instructions.
Cardholder Verification. You will not complete a Card Sale before the “Valid From” date or after the expiration date of a Card, where applicable. You will complete a Card Sale only if the signature on the sales draft or Card Sale record is the same as the signature appearing on the Card (which signature may, but need not be, the name embossed or printed on the Card). If identification is uncertain or if you otherwise question the validity of the Card, you will contact Citibank for instructions. Nevertheless, conforming to these requirements will not relieve you of your responsibility to verify that the person using the Card is the Cardholder or a person authorized by the Cardholder to use the Card. Citibank may require you to examine additional Card security features before completing a Card Sale. You must transmit your Sales Data each business day to your Sears Card Processor, Financial Institution or directly to Citibank (if applicable). If you fail to send Sales Data to your Processor, Financial Institution, or Citibank on the next business day, Citibank will not be required to reimburse the transactions, as outlined in the Chargeback Rules. In the event of system availability problems, please see section 2.5. All data transmitted must be in a form and format approved in advance by Citibank and must be presorted and organized according to Citibank’ instructions.
Cardholder Verification. Licensee will use commercially reasonable efforts to implement the Issuing Bank's CIP policy for authenticating consumers through its systems and processes which shall be aligned with the Issuing Bank's policies and procedures. Notwithstanding the foregoing, to the extent any such authentication processes are manual, complex and/or require substantially more resources, time or effort than Licensee's current practices, the Parties agree to negotiate in good faith appropriate changes related to operational requirements, compensation or similar terms and conditions.