Third Party Fraud definition

Third Party Fraud means acts of fraud that are attributable to persons other than the employees, contractors or agents of Company or Supplier. Third Party Fraud losses will include the aggregate amount paid for a Product, as well as all associated fees, including, without limitation, finance charges, and non-sufficient funds fees.
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Third Party Fraud means acts of fraud that (i) are attributable to persons other than Merchant and its Personnel; (ii) do not involve any facilitation, participation or assistance from Merchant or its Personnel; (iii) occur notwithstanding Merchant’s compliance with the provisions of this Agreement, and (iv) are not attributable or related to any Improper Sales Procedures (as defined in section 8.3).
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Third Party Fraud means acts of fraud that are attributable to persons other than the employees, contractors or agents of Merchant and which occur despite Merchant's compliance with the merchant procedures and this Agreement. For purposes of calculating fraud losses, an incident of Third Party Fraud will be attributed to the Contract Year in which TDRCS discovers the fraud (or if the Agreement has expired or terminated when TDRCS discovers the fraud, the last Contract Year of the Agreement). Fraud losses will include the amount of the Sales Slip related to the Chargeback, as well as all associated fees, including, without limitation, finance charges, late fees, and NSF fees.
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Examples of Third Party Fraud in a sentence

  • We may Chargeback to you all losses that we reasonably determine are attributable to Third- Party Fraud during any Contract Year.

  • In addition to TDRCS's right to chargeback to Merchant any transaction pursuant to Section 4.8(a), including, without limitation, fraud that is attributable to Merchant's employees, contractors, and agents, TDRCS may Chargeback to Merchant all losses that TDRCS reasonably determines are attributable to Third Party Fraud during any Contract Year once the Fraud Cap has been met.

  • For purposes of calculating fraud losses, an incident of Third- Party Fraud will be attributed to the Contract Year in which we discover the fraud, or if the Agreement has expired or terminated at the time we discover the fraud, the last year of the Agreement.

  • In addition to Flexiti’s other rights to charge transactions back to Merchant, Flexiti may charge back to Merchant such losses as it reasonably determines are attributable to Third Party Fraud which exceed the Fraud Threshold during a Contract Year.