Common use of Terms and Conditions of Sale Clause in Contracts

Terms and Conditions of Sale. As defined in Section 3.14(b). Terminal – A point-of-transaction terminal that conforms with the requirements established from time to time by Servicer and the applicable Card Association capable of (i) reading the account number encoded on the magnetic stripe, (ii) comparing the last four digits of the encoded account number to the manually key-entered last four digits of the embossed account number, and (iii) transmitting the full, unaltered contents of the magnetic stripe in the Authorization message. ***** Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission.

Appears in 12 contracts

Samples: Signatory Agreement (Virgin America Inc.), Signatory Agreement (Virgin America Inc.), Signatory Agreement (Virgin America Inc.)

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