General Transaction. After receiving the debit card, the applicant shall immediately sign on the debit card to reduce the possibility of fraudulent use by a third party. When the cardholder uses a debit card for purchases, after presenting and using the debit card for consumption and verified by the contracted merchant, the Depositor shall sign on the bill for confirmation and properly keep the bill receipt for verification. The cardholder shall request a refund slip from the contract merchant when said merchant agrees to let the cardholder return the purchased goods, cancel transaction, terminate service, exchange goods or make price adjustment on goods purchased with the original credit card.The cardholder shall sign the refund slip after verifying that all information is correct,and retain the customer’s copy of the refund slip for verification purpose. However, with mutual consent from the cardholder and the contracted merchant, the contracted merchant may sign the refund slip without the cardholder’s signature, while the cardholder retains the return slip or other viable document as proof of refund. Contracted merchants may refuse to accept transactions by cardholder using debit cards in the following circumstances:
General Transaction. The execution, delivery and performance of this Agreement and the Ancillary Documents to be executed and delivered by the Purchaser and the Purchaser Parent pursuant to this Agreement and the Ancillary Documents, and the consummation of the transactions contemplated hereby and thereby have been duly and validly authorized by all necessary corporate action on the part of the Purchaser and the Purchaser Parent. This Agreement and the Ancillary Documents to be executed and delivered by the Purchaser and the Purchaser Parent pursuant to this Agreement have been, or will be on or before the Closing Date, duly and validly authorized, executed and delivered by each of the Purchaser and the Purchaser Parent and the obligations of the Purchaser and the Purchaser Parent hereunder and thereunder are or will be valid, legally binding and enforceable against each of the Purchaser and the Purchaser Parent in accordance with their respective terms. (b) Reservation of Shares. The Purchaser Parent Stock that is to be issued pursuant to this Agreement has been duly reserved and authorized for issuance, and such Purchaser Parent Stock shall be validly issued, fully paid and non-assessable and, assuming the accuracy of the representations and warranties of the Company in the investor letter annexed hereto as Exhibit E (the "Investor Letter"), issued in compliance with applicable federal and state securities laws. 4.3
General Transaction. The execution, delivery performance of this Agreement, including the documents, instruments and agreements to be executed and/or delivered by the Purchaser and the Parent pursuant to this Agreement, and the consummation of the transactions contemplated hereby and thereby have been duly and validly authorized by all necessary corporate action on the part of the Purchaser and the Parent. This Agreement and the documents, instruments and agreements to be executed and/or delivered by the Purchaser and/or the Parent pursuant to this Agreement have been, or will be on or before the Closing Date, duly and validly authorized, executed and delivered by each of the Purchaser and the Parent and the respective obligations of the Purchaser and the Parent hereunder and thereunder are or will be valid, legally binding and enforceable against the Purchaser and the Parent in accordance with their respective terms.
General Transaction. The execution, delivery and performance of this Agreement and the Ancillary Documents to be executed and delivered by the Purchaser and the Purchaser Parent pursuant to this Agreement and the Ancillary Documents, and the consummation of the transactions contemplated hereby and thereby have been duly and validly authorized by all necessary corporate action on the part of the Purchaser and the Purchaser Parent. This Agreement and the Ancillary Documents to be executed and delivered by the Purchaser and the Purchaser Parent pursuant to this Agreement have been, or will be on or before the Closing Date, duly and validly authorized, executed and delivered by each of the Purchaser and the Purchaser Parent and the obligations of the Purchaser and the Purchaser Parent hereunder and thereunder are or will be valid, legally binding and enforceable against each of the Purchaser and the Purchaser Parent in accordance with their respective terms.
General Transaction
