GD Network definition
Examples of GD Network in a sentence
Green Dot and Retailer desire to set forth the terms on which Retailer will participate in the GD Network in transactions involving Cardholders and other Persons making fund transfers in the GD Network, as set forth herein.
Except as expressly provided in this Agreement, the rights and obligations of Servicer with regard to a Bank Client conducting GD Reload transactions as a merchant participating in the GD Network, whether any such GD Reload involves a Card issued by Bank or a card not issued by Bank, shall be established by the agreement between Servicer and Bank Client with respect to the Green Dot Merchant Arrangement.
As a member of the GD Network, Retailer shall stock and sell Reload Packs at Participating Stores in such quantities as Green Dot and Retailer may agree upon from time to time.
If Retailer develops or designs its own marketing materials for the sale or promotion of Reload Packs or the GD Network, Retailer agrees that all marketing materials developed by it or otherwise containing the trade name, trademarks or other intellectual property rights of Green Dot, or any payment association, must be approved in writing by Green Dot prior to use, such approval not to be unreasonably withheld.
Bank shall not be responsible for the accuracy or completeness of GD Network Data received from Retailer or Green Dot or for the payment of amounts owing between Retailer and Green Dot with respect to Reload Pack Sales or POS Loads at Participating Stores to the extent that such amounts are incorrect or not received by Bank from Retailer.
Transactions in which a Cardholder purchases a Reload Pack or makes a POS Load in the GD Network shall involve a customer relationship between the Cardholder and Green Dot to the extent provided under Applicable Law.
Cardholders also may load funds outside the GD Network by direct deposit of the funds with the Bank.
Retailer shall own exclusively all Retailer Custom Developed Technology and Green Dot shall not use any such Retailer Custom Developed Technology for any [*] for a period of [*] commencing after the first date on which such [*] are [*]; provided, however, that after such period, Green Dot shall be permitted to use such Retailer Custom Developed Technology for GD Network Cards as permitted by Retailer in its [*] discretion and such use shall be subject to a [*] license agreement.
Such Walmart MoneyCards: (i) will not bear the name of a Cardholder; (ii) may be loaded at Retailer’s POS Locations for the amount(s) agreed upon from time to time by the Parties; and (iii) in accordance with an implementation schedule agreed upon by the Parties, may be reloaded in the GD Network upon satisfaction of the Activation Criteria (the “Temporary Walmart MoneyCards”).
The Prepaid Cards also will contain the ▇▇ ▇▇▇▇▇, as mutually agreed upon by the Parties, to indicate that the Prepaid Cards may be loaded in the GD Network.