Common use of Chargeback Clause in Contracts

Chargeback. We and our agent have Chargeback rights, as described in the Merchant Regulations. We and our agent may Chargeback by (i) deducting, withholding, recouping from, or offsetting against our payments to you or debiting your Bank Account, or we or our agent may notify you of your obligation to pay us, which you must do promptly and fully; or (ii) reversing a Charge for which we have not paid you. Our or our agent’s failure to demand payment does not waive our Chargeback rights.

Appears in 5 contracts

Sources: American Express Card Acceptance Agreement, Merchant Processing Agreement, Merchant Processing Agreement

Chargeback. We and our agent have Chargeback rights, as described in the Merchant Regulations. We and our agent may Chargeback by (i) deducting, withholding, recouping from, or offsetting against our payments to you or debiting your Bank Account, or we or our agent may notify you of your obligation to pay us, which you must do promptly and fully; or (ii) reversing a Charge for which we have not paid you. Our or our agent’s failure to demand payment does not waive our Chargeback rights.,

Appears in 1 contract

Sources: American Express Card Acceptance Agreement

Chargeback. We and our agent have Chargeback rights, as described in the Merchant Regulations. We and our agent may Chargeback by (i) deducting, withholding, recouping from, or otherwise offsetting against our payments to you or debiting your Bank Account, or we or our agent may notify you of your obligation to pay us, which you must do so promptly and fully; or (ii) reversing a Charge for which we have not paid you. Our or our agent’s failure to demand payment does not waive our Chargeback rights.

Appears in 1 contract

Sources: American Express Card Acceptance Agreement