Common use of Assignment of CHD Clause in Contracts

Assignment of CHD. Notwithstanding Section 23.6 for any assignment consented to by SHIFT4, the assignee may not have the right to Merchant’s CHD due to financial regulations, PCI DSS, or SHIFT4’s duty to protect Xxxxxxxx’s CHD. If SHIFT4 receives notice that Xxxxxxxx does not wish to share the CHD with assignee, then assignee must create a new SHIFT4 GATEWAY account and remit required fees at SHIFT4’s current rate on the date of assignment notice.

Appears in 3 contracts

Samples: Gateway Services Agreement, Gateway Services Agreement, Gateway Services Agreement

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Assignment of CHD. Notwithstanding Section 23.6 for any assignment consented to by SHIFT4, the assignee may not have the right to Merchant’s CHD due to financial regulations, PCI DSS, or SHIFT4’s duty to protect XxxxxxxxMerchant’s CHD. If SHIFT4 receives notice that Xxxxxxxx Merchant does not wish to share the CHD with assignee, then assignee must create a new SHIFT4 GATEWAY account and remit required fees at SHIFT4’s current rate on the date of assignment notice.

Appears in 1 contract

Samples: Gateway Services Agreement

Assignment of CHD. Notwithstanding Section 23.6 for any assignment consented to by SHIFT4, the assignee may not have the right to Merchant’s CHD due to financial regulations, PCI DSS, or SHIFT4’s duty to protect XxxxxxxxMerchant’s CHD. If SHIFT4 receives notice that Xxxxxxxx Merchant does not wish to share the CHD with assignee, then assignee must create a new SHIFT4 GATEWAY account ac- count and remit required fees at SHIFT4’s current rate on the date of assignment notice.

Appears in 1 contract

Samples: Gateway Services Agreement

Assignment of CHD. Notwithstanding Section 23.6 for any assignment consented to by SHIFT4, the assignee may not have the right to Merchant’s CHD due to financial regulations, PCI DSS, or SHIFT4’s duty to protect Xxxxxxxx’s CHD. If SHIFT4 receives notice that Xxxxxxxx does not wish to share the CHD with assignee, then assignee must create a new SHIFT4 GATEWAY DOTN account and remit required fees at SHIFT4’s current rate on the date of assignment notice.

Appears in 1 contract

Samples: Service Agreement

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Assignment of CHD. Notwithstanding Section 23.6 for any assignment consented to by SHIFT4, the assignee may not have the right to Merchant’s CHD due to financial regulations, PCI DSS, or SHIFT4’s duty to protect Xxxxxxxx’s CHD. If SHIFT4 receives notice that Xxxxxxxx does not wish to share the CHD with assignee, then assignee must create a new SHIFT4 GATEWAY GATE- WAY account and remit required fees at SHIFT4’s current rate on the date of assignment notice.

Appears in 1 contract

Samples: Gateway Services Agreement

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