Common use of Charge Backs Clause in Contracts

Charge Backs. ▇▇▇▇▇▇▇▇ will accept for chargeback any sale for which the Cardholder disputes the validity of the sale according to prevailing Card Association regulations, or a Card issuer or Processor determines that Merchant has in any way failed to comply with Card Association regulations or Processor’s procedures in accepting a Card and presenting the resulting Sales Draft to Processor for purchase. Merchant shall require Cardholder to sign an imprinted copy of the Sales Draft during the time when the point-of-sale Terminal printer is inoperable. Notwithstanding any other provision herein, Processor may chargeback the amount of a Card sale disputed by the Cardholder if ▇▇▇▇▇▇▇▇ failed to obtain the Card Imprint or the Cardholder’s signature. ▇▇▇▇▇▇▇▇ may not initiate a Transaction in an attempt to collect a Chargeback. Merchant will pay the current published fees for each Chargeback as listed on Pricing Schedule A.

Charge Backs. ▇▇▇▇▇▇▇▇ will accept for chargeback any sale for which the Cardholder disputes the validity of the sale according to prevailing Card Association regulations, or a Card issuer or Processor determines that Merchant has in any way failed to comply with Card Association regulations or Processor’s procedures in accepting a Card and presenting the resulting Sales Draft to Processor for purchase. Merchant shall require Cardholder to sign an imprinted copy of the Sales Draft during the time when the point-of-point of sale Terminal printer is inoperable. Notwithstanding any other provision herein, Processor may chargeback the amount of a Card sale disputed by the Cardholder if ▇▇▇▇▇▇▇▇ failed to obtain the Card Imprint or the Cardholder’s signature. ▇▇▇▇▇▇▇▇ may not initiate a Transaction in an attempt to collect a Chargeback. Merchant will pay the current published fees for each Chargeback as listed on Pricing Schedule A.

Charge Backs. ▇▇▇▇▇▇▇▇ Merchant will accept for chargeback any sale for which the Cardholder disputes the validity of the sale according to prevailing Card Association regulations, or o r a Card issuer or Processor determines that Merchant has in any way failed to comply with Card Association regulations or Processor’s procedures in accepting a Card and presenting the resulting Sales Draft to Processor for purchase. Merchant shall require Cardholder to sign an imprinted copy of the Sales Draft during the time when the point-of-point of sale Terminal printer is inoperable. Notwithstanding any other provision herein, Processor may chargeback the amount of a Card sale disputed by the Cardholder if ▇▇▇▇▇▇▇▇ Merchant failed to obtain the Card Imprint or the Cardholder’s signature. ▇▇▇▇▇▇▇▇ Merchant may not initiate a Transaction in an attempt to collect a Chargeback. Merchant will pay the current published fees for each Chargeback as listed on Pricing Schedule A.