General Obligation Regarding Submission of Transactions Sample Clauses

General Obligation Regarding Submission of Transactions. Merchant shall only submit valid Transactions involving a bona fide Cardholder. Xxxxxxxx must not submit any Transactions that Xxxxxxxx knows, or should have known, to be fraudulent or not authorized by the Cardholder. In submitting Transactions Merchant represents and warrants (without limiting any other warranties under this Agreement) that: (i) the Transaction represents a bona fide sale/rental of merchandise or services not previously submitted; (ii) all statements and representations of fact contained in the Transaction are within Merchant’s knowledge and are true and complete; (iii) the Transaction represents an obligation of the Cardholder for the amount of the Transaction; (iv) the amount charged for the Transaction is not subject to any dispute, setoff, or counterclaim; (v) the Transaction amount is only for the merchandise or services (including taxes, but without any surcharge) sold or rented and, except for any delayed delivery or advance deposit Transactions expressly authorized under this Agreement, the merchandise or service was actually delivered to or performed for the person entering into the Transaction simultaneously upon Merchant accepting and submitting the Transaction for processing and Settlement; (vi) the Transaction does not represent the refinancing of an existing obligation of the Cardholder (including any obligation otherwise owed to the Merchant by a Cardholder or arising from the dishonor of a personal check); (vii) Merchant has no knowledge or notice of any fact, circumstances or defense which would indicate that the Transaction was fraudulent or not authorized by the Cardholder or which would otherwise impair the validity or enforcement of the Cardholder’s obligation arising from such Transaction or relieve the Cardholder from liability with respect thereto; (viii) the Transaction submitted was entered into by the Merchant and the Cardholder; (ix) the Transaction is not a payment for a product or service that violates any law (either super-national, national or regional) applicable to any aspect of the Transaction; (x) the Transaction was made in accordance with this Agreement, the Card Organization Rules and applicable laws; (xi) the Transaction is not for a Cardholder’s payment to an Issuer; and (xii) the Transaction does not arise from any Transactions between Merchant and Cardholder(s) who are owners, partners, guarantors, officers or employees of either thereof, respectively, other than genuine purchases, leases or ren...
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General Obligation Regarding Submission of Transactions. Merchant shall only submit valid Transactions involving a bona fide Cardholder. Xxxxxxxx must not submit any Transactions that Xxxxxxxx knows, or should have known, to be fraudulent or not authorized by the Cardholder. In submitting Transactions Merchant represents and warrants (without limiting any other warranties under this Agreement) that: (i) the Transaction represents a bona fide sale/rental of merchandise or services not previously submitted; (ii) all statements and representations of fact contained in the Transaction are within Merchant’s knowledge and are true and complete; (iii) the Transaction represents an obligation of the Cardholder for the amount of the Transaction; (iv) the amount charged for the Transaction is not subject to any dispute, setoff, or counterclaim; (v) the Transaction amount is only for the merchandise or services (including taxes, but without any surcharge) sold or rented and, except for any delayed delivery or advance deposit Transactions expressly authorized under this Agreement, the merchandise or service was actually delivered to or performed for the person entering into the Transaction simultaneously upon Merchant accepting and submitting the Transaction for processing and Settlement; (vi) the Transaction does not represent the refinancing of an existing obligation of the Cardholder (including any obligation otherwise owed to the Merchant by a Cardholder or arising from the dishonor of a personal check);
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Related to General Obligation Regarding Submission of Transactions

  • Your General Obligations 6.1 Full information You must give us any information we reasonably require for the purposes of this contract. The information must be correct, and you must not mislead or deceive us in relation to any information provided to us.

  • General Obligations 1. Each Party shall apply its measures relating to the provisions of this Chapter in accordance with Article 116 (General Principles) and, in particular, shall expeditiously apply those measures so as to avoid unduly impairing or delaying trade in goods or services or conduct of investment activities under this Agreement. 2. Nothing in this Chapter shall be construed to prevent a Party from applying measures to regulate the entry of natural persons into, or their temporary stay in, its territory, including those measures necessary to protect the integrity of, and to ensure the orderly movement of natural persons across, its borders, provided that such measures are not applied in such a manner as to unduly impair or delay trade in goods or services or conduct of investment activities under this Agreement.

  • General Obligation Except as permitted by Clause 14.2, all Confidential Information shall be held confidential during and after the continuance of this contract and shall not be divulged in any way to any third party without the prior written approval of the other party.

  • Limitations on Frequency and Dollar Amounts of Transactions We impose certain limitations on the number or dollar amount of transactions you can make with your Card. Detailed at the end of this Agreement is a table of limitations that apply to the Card. For security reasons, we may further limit the number or dollar amount of transactions you can make with your Card. We may increase or decrease these limits from time to time in our sole discretion and, to the extent permitted by applicable law, without prior notice to you.

  • Exclusion of applications on preliminary points of law Any recourse to any Court for the determination of a preliminary point of law arising in the course of the arbitration proceedings is excluded.

  • Documentation of Transfers You can receive a transaction receipt at the time you make any transfer to, from, or between your account(s) using an ATM. · If you have arranged to have direct deposits (which are electronic funds transfers as described in Section 4) made to your asset account(s) at least once every 60 days from the same person or company, the person or company making the deposit will tell you every time they send us the money. You may visit any branch, call us at 000-000-0000 or 000-000-0000, or access your transaction history via ComputerLine, MoneyLine, Green on the Go® for mobile, or the MSUFCU Mobile app to find out whether the deposit has been made. · You will get a statement every month if you have authorized any electronic funds transfer service described in Section 4. If no electronic funds transfer occurs in a particular calendar quarter, you will still receive a statement for that quarter. However, for an asset account to which you have authorized no electronic funds transfers other than preauthorized credits, you will get a statement quarterly. On any account considered dormant, a statement will be sent to you annually. · Periodic statements we send you on accounts that are subject to electronic funds transfers described in Section 4 and transaction receipts issued by an ATM are admissible evidence. · Your right to documentation as set forth above in this section does not apply when the electronic funds transfer occurs outside of the United States.

  • Certification for Federal-Aid Contracts Lobbying Activities A. The CONSULTANT certifies, by signing and submitting this Contract, to the best of its knowledge and belief after diligent inquiry, and other than as disclosed in writing to the LPA prior to or contemporaneously with the execution and delivery of this Contract by the CONSULTANT, the CONSULTANT has complied with Section 1352, Title 31, U.S. Code, and specifically, that:

  • Settlement of Transactions 1. The Company shall proceed to a settlement of all transactions upon execution of such transactions.

  • Authorization of Transaction The Buyer has full power and authority (including full corporate power and authority) to execute and deliver this Agreement and to perform its obligations hereunder. This Agreement constitutes the valid and legally binding obligation of the Buyer, enforceable in accordance with its terms and conditions.

  • BANK’S RECORD OF TRANSACTIONS The Bank’s record of transactions in respect of and in connection with the use and operation of TBS is conclusive and binding on the Account Holder for all purposes whatsoever save for any manifest error or clerical error but nothing herein shall preclude the Bank from rectifying at any time any error, irregularity or omission therein.

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