Common use of Validating transactions Clause in Contracts

Validating transactions. 3.1. The Client acknowledges that it is solely responsible for the validation of Transactions prior to the expiry of the Force Approval Period. 3.2. Any and all automation implemented by the Client or Visualsoft is intended as a guide only, and the Client acknowledges that it does not replace the need for the Client to manually review any and all Transactions to ensure that, where applicable, a rejected Transaction is marked as such prior to the expiry of the Force Approval Period. 3.3. The Client acknowledges that it may receive a transaction query from a customer via the ALiliate Network. Each transaction query has its own Force Approval Period, which may diLer from the original Force Approval Period. The Client acknowledges that it is solely responsible for the validation of any transaction queries in the same way that it is for other Transactions. In the event that a transaction query is not marked as rejected prior to the expiry of the Force Approval Period, the Client acknowledges that the relevant transaction query will be validated as approved and it shall become a Validated Transaction. 3.4. The Client shall have no right to recover from Visualsoft or any Participating ALiliate any Commission Fees paid in relation to a Validated Transaction. The Client hereby waives and forever releases and discharges Visualsoft and any Participating ALiliate from any claims that the Client has, or may have, for recovery or reversal of any Commission Fees paid to Visualsoft in respect of Validated Transactions. 3.5. The Client acknowledges that it shall only validate a Transaction, or allow a Transaction to be validated through expiration of the Force Approval Period, once it is certain that the Transaction is valid, bona fide and not subject to any contractual, regulatory or statutory right of a customer to return the relevant goods and/or services, receive a refund (in whole or in part) and/or otherwise reverse, cancel or terminate the relevant Transaction.

Validating transactions. 3.1. The Client acknowledges that it is solely responsible for the validation of Transactions prior to the expiry of the Force Approval Period. 3.2. Any and all automation implemented by the Client or Visualsoft is intended as a guide only, and the Client acknowledges that it does not replace the need for the Client to manually review any and all Transactions to ensure that, where applicable, a rejected Transaction is marked as such prior to the expiry of the Force Approval Period. 3.3. The Client acknowledges that it may receive a transaction query from a customer via the ALiliate Affiliate Network. Each transaction query has its own Force Approval Period, which may diLer differ from the original Force Approval Period. The Client acknowledges that it is solely responsible for the validation of any transaction queries in the same way that it is for other Transactions. In the event that a transaction query is not marked as rejected prior to the expiry of the Force Approval Period, the Client acknowledges that the relevant transaction query will be validated as approved and it shall become a Validated Transaction. 3.4. The Client shall have no right to recover from Visualsoft or any Participating ALiliate Affiliate any Commission Fees paid in relation to a Validated Transaction. The Client hereby waives and forever releases and discharges Visualsoft and any Participating ALiliate Affiliate from any claims that the Client has, or may have, for recovery or reversal of any Commission Fees paid to Visualsoft in respect of Validated Transactions. 3.5. The Client acknowledges that it shall only validate a Transaction, or allow a Transaction to be validated through expiration of the Force Approval Period, once it is certain that the Transaction is valid, bona fide fide and not subject to any contractual, regulatory or statutory right of a customer to return the relevant goods and/or services, receive a refund (in whole or in part) and/or otherwise reverse, cancel or terminate the relevant Transaction.