MavCARD Sample Clauses

MavCARD. MavCARD is an on-campus debit system administered by UNO and is not affiliated with any financial institution. The Contractor agrees to the following responsibilities related to the MavCARD program: i. Prior to any MavCARD transaction, to verify by visual inspection that the card user is pictured on the UNO ID Card, and confiscate any UNO ID Card that fails to pass such inspection. MavCARD transactions shall be completed only when the UNO ID Card and card owner are physically present at the Retail Dining Location. No MavCARD transactions are permitted over the phone, mail or email; ii. To notify the UNO Card Office immediately during regular business hours or UNO Department of Public Safety after 5:00 p.m. and on weekends and holidays if a UNO ID Card is found or confiscated. Contractor shall promptly deliver the found or confiscated cards to the UNO Card Office. If fraud is detected, UNO Department of Public Safety should be contacted immediately; iii. To not accept the MavCARD unless the online system is available. Contractor assumes liability for all transactions accepted while the system is off-line and unavailable; iv. To pay UNO a 2.5% administrative fee on the Gross Revenues received from the use of the MavCARD. For purposes of this Section, Gross Revenues shall mean the actual amount of MavCARD sales, prior to any deductions. To pay all applicable sales tax associated with MavCARD sales; v. To balance each day the MavCARD sales recorded at Dining Services cash registers to UNO's ID Card System Reports; vi. To make available such financial records pertaining to MavCARD sales, as may be reasonable for internal and/or external audits. Contractor shall maintain a record of every MavCARD transaction for a minimum of five (5) years from the date of the transaction. This obligation shall survive the termination or expiration of this Agreement; and, vii. To follow the cardholder agreement found in Exhibit “D” MavCARD Services Cardholder Agreement and any subsequent amendments or addendums thereto. Notwithstanding anything to the contrary herein, MavCARD may not be used on Early Childhood Education Center rates as referenced in Section 17.b.