Common use of POS Terminals Clause in Contracts

POS Terminals. The Retail Merchants shall maintain POS terminals capable of processing NMG Credit Card, Non-Card Payment Plan and Account transactions as handled as of the Effective Date. To the extent that the Retail Merchants are required to make changes to any POS terminal (including hardware and software) in order to process NMG Transactions and transmit NMG Charge Transaction Data under this Agreement as a result of any System conversion contemplated by Section 7.4 or any other change or modification to any Bank System or a new Bank System approved by the Management Committee, Bank shall pay the costs and expenses associated with such changes.

Appears in 2 contracts

Samples: Program Agreement (Neiman Marcus Group Inc), Credit Card Program Agreement (Neiman Marcus, Inc.)

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POS Terminals. The Retail Merchants shall maintain POS terminals capable of processing NMG Company Credit Card, Non-Card Payment Plan and Account transactions as handled as of maintained immediately prior to the Effective Date. To the extent that the Retail Merchants are required to make changes to any POS terminal (including hardware and software) ), Internet or mobile apps in order to process NMG Applications, process Transactions and transmit NMG Charge Transaction Data under this Agreement as a result of any System conversion contemplated by Section 7.4 or any other change or modification to any Bank System or as a new Bank System approved by result of any requirement of Applicable Law applicable to the Management CommitteeBank, Bank shall pay the costs and expenses associated with such changes[****].

Appears in 1 contract

Samples: Private Label Credit Card Program Agreement (Signet Jewelers LTD)

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POS Terminals. The Retail Merchants shall maintain POS terminals capable of processing NMG Company Credit Card, Non-Card Payment Plan and Account transactions as handled as of maintained immediately prior to the Effective Date. To the extent that the Retail Merchants are required to make changes to any POS terminal (including hardware and software) ), Internet or mobile apps in order to support Prequalification Requests, process NMG Applications, process Transactions and transmit NMG Charge Transaction Data under this Agreement as a result of any System conversion contemplated by Section 7.4 or any other change or modification to any Bank System or as a new Bank System approved by result of any requirement of Applicable Law applicable to the Management CommitteeBank, Bank shall pay the costs and expenses associated with such changes[****].

Appears in 1 contract

Samples: Credit Card Program Agreement (Signet Jewelers LTD)

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