Common use of Third Party Equipment Clause in Contracts

Third Party Equipment. For any Equipment used by Merchant that is not provided by PayFacto (“Third Party Equipment”), Merchant shall always ensure such Third-Party Equipment’s compliance with the Card Brand Rules and Regulations and the Data Security Standards. Before using any Third-Party Equipment, Merchant must consult with PayFacto to ensure that such Third- Party Equipment meets PayFacto’s specifications and, if required, is properly certified by PayFacto. If Merchant is using Third Party Equipment, Merchant shall: i) inform Payfacto if any Third-Party Equipment is going to be sold, destroyed, or put under repair; and ii) destroy the cryptographic keys in Merchant’s Terminals prior to having them repaired or selling or destroying Merchant’s Terminals.

Appears in 2 contracts

Sources: Merchant Agreement, Merchant Agreement

Third Party Equipment. For any Equipment used by Merchant that is not provided by PayFacto (“Third Party Equipment”), Merchant shall always ensure such Third-Third Party Equipment’s compliance with the Card Brand Rules and Regulations and the Data Security StandardsStandards at all times. Before using any Third-Third Party Equipment, Merchant must consult with PayFacto to ensure that such Third- Third Party Equipment meets PayFacto’s specifications and, if required, is properly certified by PayFacto. If Merchant is using Third Party Equipment, Merchant shall: i) inform Payfacto if any Third-Third Party Equipment is going to be sold, destroyed, destroyed or put under repair; and ii) destroy the cryptographic keys in Merchant’s Terminals prior to having them repaired or selling or destroying Merchant’s Terminals.

Appears in 2 contracts

Sources: Merchant Agreement, Merchant Agreement

Third Party Equipment. For any Equipment used by Merchant that is not provided by PayFacto (“Third Party Equipment”), Merchant shall always ensure such Third-Party Equipment’s compliance with the Card Brand Rules and Regulations and the Data Security StandardsStandards . Before using any Third-Party Equipment, Merchant must consult with PayFacto to ensure that such Third- Party Equipment meets PayFacto’s specifications and, if required, is properly certified by PayFacto. If Merchant is using Third Party Equipment, Merchant shall: i) inform Payfacto if any Third-Party Equipment is going to be sold, destroyed, or put under repair; and ii) destroy the cryptographic keys in Merchant’s Terminals prior to having them repaired or selling or destroying Merchant’s Terminals.

Appears in 1 contract

Sources: Merchant Agreement