ASSOCIATION OBLIGOR. Any Person (other than Carrier) (i) directly liable (a “Direct Obligor”) for obligations owed to any Card Association on account of Sales Records submitted to a Card Association hereunder (for example, Chargebacks and Card Association fines and assessments), or (ii) indirectly liable to any Card Association on account of Sales Records submitted to a Card Association hereunder through an indemnity given to a Direct Obligor or a guarantee of payment of any such indemnity obligation to a Direct Obligor (an “Indirect Obligation”).
Appears in 8 contracts
Samples: Signatory Agreement (Virgin America Inc.), Signatory Agreement (Virgin America Inc.), Signatory Agreement (Virgin America Inc.)
