Examples of Card Association Rules in a sentence
If any such inspection results in Planet Payment or Acquirer being notified that Planet Payment is not in compliance with any applicable laws, Card Association Rules, etc., Planet Payment shall promptly remedy such non-compliance.
To participate in the Program, a Merchant must utilize a Point of Sale device that has been modified to support the Acquirer Program in accordance with the Acquirer Program specifications and the Card Association Rules, such POS to use APACS40, or such other message format as may in the future be mutually agreed by the parties to be used for the Acquirer Program.
Acquirer shall be responsible for filing all paperwork for the purpose of registering Planet Payment and its affiliates as a third party processor of Acquirer in accordance with Card Association Rules, including all renewals of such registrations during the Term.
As between Bank and Company, Company is responsible for all expenses related to Company’s and each Sponsored Members’ compliance with all applicable Law and Card Association Rules, relating to this Agreement or the services contemplated hereby, and the Sponsored Agreements including, but not limited to the expense of any data security or other requirements mandated by any Card Association including PCI compliance.
Acquirer shall file or request HSBC (or any other applicable member, as designated by Acquirer) to file all paperwork for the purpose of registering Planet Payment and its applicable Affiliates as a third party processor of Acquirer (or of the applicable Card Association member) in accordance with Card Association Rules, including all renewals of such registrations during the Term.
In the event of a termination due to Card Association Rules, Bank agrees to use commercially reasonable efforts to work with the applicable Card Associations to pursue alternatives to termination and/or alternative institutions to assume Bank’s obligations under this Agreement.
If any such inspection results in Planet Payment or GPPC being notified that Planet Payment is not in compliance with any applicable laws, Card Association Rules, etc., Planet Payment shall promptly remedy such non-compliance.
To the extent GLBA, other Laws or Card Association Rules require additional or modified security, privacy or confidentiality contractual arrangements between the Parties, the Parties shall in good faith identify and execute such additional or modified agreements as are so required.
Company shall not be responsible for the cost of Bank’s compliance with any Card Association Rules, data security or other requirements that relate to or are necessitated by Bank’s own card issuing activities, and Bank shall bear the cost of changes made at Bank’s direction or at the direction of a regulator of Bank unless such changes are necessitated by or relate to the provision of services by the Bank hereunder.
At no additional charge, Supplier shall provide Advanta with any data and reports in Supplier’s possession that are required for Advanta to comply with, or otherwise applicable to Advanta’s compliance with, any Laws or Card Association Rules.