Common use of Exception Items Clause in Contracts

Exception Items. Merchant agrees to reacquire and pay Processor the amount of any sales transaction, and Processor shall have the right at any time to charge ▇▇▇▇▇▇▇▇'s Account therefore with notice via Processor’s Service Delivery Process, for any return, chargeback, compliance case, any other Association action, or if the extension of credit for merchandise sold or services or sales transactions performed was in violation of law or the rules or regulations of any governmental agency, federal, territorial, provincial, local or otherwise; or if Processor has not received payment for any sales transaction, notwithstanding Processor’s prior payment to Merchant for such sales transaction pursuant to Section 5 above or any other section. Not limiting the generality of the foregoing, ▇▇▇▇▇▇▇▇ agrees that any operational and/or other Services performed on behalf of Merchant, including but not limited to, production of facsimile drafts in response to copy requests, response to compliance cases, augmentation of Merchant data for interchange, transaction stand-in, digital draft storage and retrieval, etc. shall in no way affect Merchant's obligations and liability in this Agreement including those in the foregoing sentence. Merchant may instruct Processor in the defense of chargebacks, compliance cases and similar actions, and ▇▇▇▇▇▇▇▇ agrees that it will promptly provide any such instructions to Processor. When Processor has determined it has all necessary information and instructions, ▇▇▇▇▇▇▇▇ hereby authorizes Processor to resolve chargebacks and respond to retrieval requests and other inquiries without further consulting Merchant. Where not prohibited by the Operating Regulations, Processor may report Merchant to Terminated Merchant File and the Merchant Alert to Control High Risk Merchants file maintained by an Association, and any Interac equivalent during or following the term.

Exception Items. Merchant agrees to reacquire and pay Processor the amount of any sales transaction, and Processor shall have the right at any time to charge ▇▇▇▇▇▇▇▇Merchant's Account therefore with notice via Processor’s Service Delivery Process, for any return, chargeback, compliance case, any other Association action, or if the extension of credit for merchandise sold or services or sales transactions performed was in violation of law or the rules or regulations of any governmental agency, federal, territorial, provincialstate, local or otherwise; or if Processor has not received payment for any sales transaction, notwithstanding Processor’s prior payment to Merchant for such sales transaction pursuant to Section 5 above or any other section. Not limiting the generality of the foregoing, ▇▇▇▇▇▇▇▇ Merchant agrees that any operational and/or other Services performed on behalf of Merchant, including but not limited to, production of facsimile drafts in response to copy requests, response to compliance cases, augmentation of Merchant data for interchange, transaction stand-in, digital draft storage and retrieval, etc. shall in no way affect Merchant's obligations and liability in this Agreement including those in the foregoing sentence. Merchant may instruct Processor in the defense of chargebacks, compliance cases and similar actions, and ▇▇▇▇▇▇▇▇ Merchant agrees that it will promptly provide any such instructions to Processor. When Processor has determined it has all necessary information and instructions, ▇▇▇▇▇▇▇▇ Merchant hereby authorizes Processor to resolve chargebacks and respond to retrieval requests and other inquiries without further consulting Merchant. Where not prohibited by the Operating Regulations, Processor may report Merchant to Terminated Merchant File and the Merchant Alert to Control High Risk Merchants file maintained by an Association, and any Interac equivalent during or following the term.

Exception Items. Merchant agrees to reacquire and pay Processor the amount of any sales transaction, and Processor shall have the right at any time to charge ▇▇▇▇▇▇▇▇'s Account therefore with notice via Processor’s Service Delivery Process, for any return, chargeback, compliance case, any other Association action, or if the extension of credit for merchandise sold or services or sales transactions performed was in violation of law or the rules or regulations of any governmental agency, federal, territorial, provincialstate, local or otherwise; or if Processor has not received payment for any sales transaction, notwithstanding Processor’s prior payment to Merchant for such sales transaction pursuant to Section 5 above or any other section. Not limiting the generality of the foregoing, ▇▇▇▇▇▇▇▇ agrees that any operational and/or other Services performed on behalf of Merchant, including but not limited to, production of facsimile drafts in response to copy requests, response to compliance cases, augmentation of Merchant data for interchange, transaction stand-in, digital draft storage and retrieval, etc. shall in no way affect Merchant's obligations and liability in this Agreement including those in the foregoing sentence. Merchant may instruct Processor in the defense of chargebacks, compliance cases and similar actions, and ▇▇▇▇▇▇▇▇ agrees that it will promptly provide any such instructions to Processor. When Processor has determined it has all necessary information and instructions, ▇▇▇▇▇▇▇▇ hereby authorizes Processor to resolve chargebacks and respond to retrieval requests and other inquiries without further consulting Merchant. Where not prohibited by the Operating Regulations, Processor may report Merchant to Terminated Merchant File and the Merchant Alert to Control High Risk Merchants file maintained by an Association, and any Interac equivalent during or following the term.

Exception Items. Merchant agrees to reacquire and pay Processor the amount of any sales transaction, and Processor shall have the right at any time to charge ▇▇▇▇▇▇▇▇'s Account therefore with notice via Processor’s Service Delivery Process, for any return, chargeback, compliance case, any other Association action, or if the extension of credit for merchandise sold or services or sales transactions performed was in violation of law or the rules or regulations of any governmental agency, federal, territorial, provincialstate, local or otherwise; or if Processor has not received payment for any sales transaction, notwithstanding Processor’s prior payment to Merchant for such sales transaction pursuant to Section 5 above or any other section. Not limiting the generality of the foregoing, ▇▇▇▇▇▇▇▇ agrees that any operational and/or other Services performed on behalf of Merchant, including but not limited to, production of facsimile drafts in response to copy requests, response to compliance cases, augmentation of Merchant data for interchange, transaction stand-instand -in, digital draft storage and retrieval, etc. shall in no way affect Merchant's obligations and liability in this Agreement including those in the foregoing sentence. Merchant may instruct Processor in the defense of chargebacks, compliance cases and similar actions, and ▇▇▇▇▇▇▇▇ agrees that it will promptly provide any such instructions to Processor. When Processor has determined it has all necessary information and instructions, ▇▇▇▇▇▇▇▇ hereby authorizes Processor to resolve chargebacks and respond to retrieval requests and other inquiries without further consulting Merchant. Where not prohibited by the Operating Regulations, Processor may report Merchant to Terminated Merchant File and the Merchant Alert to Control High Risk Merchants file maintained by an Association, and any Interac equivalent during or following the term.