Common use of Chargebacks Clause in Contracts

Chargebacks. Merchant will accept for chargeback any sale for which the Cardholder disputes the validity of the sale according to prevailing Card Brand regulations, or a Card Issuer or Servicer determines that Merchant has in any way failed to comply with Card Brand regulations or Servicer's procedures in accepting a Card and presenting the resulting Sales Draft to Servicer for purchase. Section 3.3 notwithstanding, Servicer may charge back the amount of a Card sale for which the Cardholder disputes having authorized the charge if Xxxxxxxx failed to obtain the Card Imprint or the Cardholder’s signature. Merchant may not initiate a sale Transaction in an attempt to collect a Chargeback. Merchant will pay the current published fees for each Chargeback as listed on Schedule A of the Merchant Application.

Appears in 8 contracts

Samples: Merchant Agreement, Merchant Agreement, Merchant Agreement

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Chargebacks. Merchant will accept for chargeback any sale for which the Cardholder disputes the validity of the sale according to prevailing Card Brand regulations, or a Card Issuer or Servicer determines that Merchant has in any way failed to comply with Card Brand regulations or Servicer's procedures in accepting a Card and presenting the resulting Sales Draft to Servicer for purchase. Section 3.3 2.03 notwithstanding, Servicer may charge back the amount of a Card sale for which the Cardholder disputes having authorized that authorizing the charge if Xxxxxxxx Merchant failed to obtain the Card Imprint or the Cardholder’s signature. Merchant may not initiate a sale Transaction in an attempt to collect a Chargeback. Merchant will pay the current published fees for each Chargeback as listed on Schedule A of the Merchant Application.

Appears in 6 contracts

Samples: Merchant Agreement, Merchant Agreement, Merchant Agreement

Chargebacks. Merchant will accept for chargeback any sale for which the Cardholder disputes the validity of the sale according to prevailing Card Brand regulations, or a Card Issuer or Servicer determines that Merchant has in any way failed to comply with Card Brand regulations or Servicer's procedures in accepting a Card and presenting the resulting Sales Draft to Servicer for purchase. Section 3.3 2.03 notwithstanding, Servicer may charge back the amount of a Card sale for which the Cardholder disputes having authorized that authorizing the charge if Xxxxxxxx failed to obtain the Card Imprint or the Cardholder’s signature. Merchant may not initiate a sale Transaction in an attempt to collect a Chargeback. Merchant will pay the current published fees for each Chargeback as listed on Schedule A of the Merchant Application.

Appears in 5 contracts

Samples: Merchant Agreement, Merchant Agreement, Equipment Lease Agreement

Chargebacks. Merchant will accept for chargeback any sale for which the Cardholder disputes the validity of the sale according to prevailing Card Brand Association regulations, or a Card Issuer issuer or Servicer Bank determines that Merchant has in any way failed to comply with Card Brand Association regulations or ServicerBank's procedures in accepting a Card and presenting the resulting Sales Draft to Servicer Bank for purchase. Section 3.3 2.03 notwithstanding, Servicer Bank may charge back the amount of a Card sale for which the Cardholder disputes having authorized that authorizing the charge if Xxxxxxxx Merchant failed to obtain the Card Imprint or the Cardholder’s signature. Merchant may not initiate a sale Transaction in an attempt to collect a Chargeback. Merchant will pay the current published fees for each Chargeback as listed on Schedule A of the Merchant Application.

Appears in 2 contracts

Samples: Equipment Lease Agreement, Equipment Lease Agreement

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Chargebacks. Merchant will accept for chargeback any sale for which the Cardholder disputes the validity of the sale according to prevailing Card Brand Association regulations, or a Card Issuer issuer or Servicer Bank determines that Merchant has in any way failed to comply with Card Brand Association regulations or ServicerBank's procedures in accepting a Card and presenting the resulting Sales Draft to Servicer Bank for purchase. Section 3.3 2.03 notwithstanding, Servicer Bank may charge back the amount of a Card sale for which the Cardholder disputes having authorized that authorizing the charge if Xxxxxxxx failed to obtain the Card Imprint or the Cardholder’s signature. Merchant may not initiate a sale Transaction in an attempt to collect a Chargeback. Merchant will pay the current published fees for each Chargeback as listed on Schedule A of the Merchant Application.

Appears in 1 contract

Samples: Equipment Lease Agreement

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