Common use of Car Hire Clause in Contracts

Car Hire. (a) When a Cardmember wishes to use the Card to hire a vehicle, You shall obtain Authorization for the full estimated amount of the Charge (“Estimated Rental Charge”). The Estimated Rental Charge shall be determined by multiplying the rate by the rental period reserved by the Cardmember. You shall not overestimate this amount and shall not include an amount for any possible damage to or theft of the vehicle. If You fail to obtain such Authorization for the Estimated Rental Charge and submit the Charge, and the Cardmember fails to pay the Charge for any reason, We shall have Full Recourse for the full amount of the Charge. Upon return of the vehicle, the following terms shall apply: (i) If the final Charge is no greater than the Estimated Rental Charge plus 15% of such a Charge, no further Authorization shall be necessary. (ii) If the final Charge is greater than the Estimated Rental Charge by more than 15%, You shall obtain Authorization for any additional amount of the Charge, which is greater than the Estimated Rental Charge. If You fail to request such Authorization for the additional amount, or You request Authorization for the additional amount but Authorization is declined, and the Cardmember fails to pay the Charge for any reason, We shall have Full Recourse for the full amount of the Charge in excess of the Estimated Rental Charge. (iii) We have the right to periodically monitor Your Establishment’s compliance with the Authorization procedures set forth above. If We notify You that Your Establishment is not complying with these procedures, You agree to rectify such non-compliance. If, after thirty (30) days from the date You were notified of the non-compliance, Your Establishment continues to fail to comply with these procedures, then We shall have Full Recourse for the full amount of any Charge made at Your Establishment during such period on continued non-compliance. For the purposes of this provision, “non-compliance” shall occur when more than five percent (5%) of Your Establishment’s Authorizations or more than five percent (5%) of Your Authorizations, do not comply with these Authorization procedures.

Appears in 1 contract

Samples: Merchant Agreement

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Car Hire. (a) a. When a Cardmember wishes to use the Card to hire a vehicle, You you shall obtain Authorization for the full estimated amount of the Charge (“Estimated Rental Charge”). The Estimated Rental Charge shall be determined by multiplying the rate by the rental period reserved by the Cardmember. You shall not overestimate this amount and shall not include an amount for any possible damage to or theft of the vehicle. If You you fail to obtain such Authorization for the Estimated Rental Charge and submit the Charge, and the Cardmember fails to pay the Charge for any reason, We we shall have Full Recourse for the full amount of the Charge. Upon return of the vehicle, the following terms shall apply: (i) If the final final Charge is no greater than the Estimated Rental Charge plus 15% of such a Charge, no further Authorization shall be necessary.; (ii) If the final final Charge is greater than the Estimated Rental Charge by more than 15%, You you shall obtain Authorization for any additional amount of the Charge, which is greater than the Estimated Rental Charge. If You you fail to request such Authorization for the additional amount, or You you request Authorization for the additional amount but Authorization is declined, and the Cardmember fails to pay the Charge for any reason, We we shall have Full Recourse for the full amount of the Charge in excess of the Estimated Rental Charge.; and (iii) We have the right to periodically monitor Your your Establishment’s compliance with the Authorization procedures set forth above. If We we notify You you that Your your Establishment is not complying with these procedures, You you agree to rectify such non-compliance. If, after thirty (30) days from the date You you were notified notified of the non-compliance, Your your Establishment continues to fail to comply with these procedures, then We we shall have Full Recourse for the full amount of any Charge made at Your your Establishment during such period on continued non-compliance. For the purposes of this provision, “non-compliance” shall occur when more than five five percent (5%) of Your your Establishment’s Authorizations or more than five five percent (5%) of Your your Authorizations, do not comply with these Authorization procedures.

Appears in 1 contract

Samples: Merchant Agreement

Car Hire. (a) When a Cardmember wishes to use the Card to hire a vehicle, You shall obtain Authorization for the full estimated amount of the Charge (“Estimated Rental Charge”). The Estimated Rental Charge shall be determined by multiplying the rate by the rental period reserved by the Cardmember. You shall not overestimate this amount and shall not include an amount for any possible damage to or theft of the vehicle. If You fail to obtain such Authorization for the Estimated Rental Charge and submit the Charge, and the Cardmember fails to pay the Charge for any reason, We shall have Full Recourse for the full amount of the Charge. Upon return of the vehicle, the following terms shall apply: (i) If the final final Charge is no greater than the Estimated Rental Charge plus 15% of such a Charge, no further Authorization shall be necessary. (ii) If the final final Charge is greater than the Estimated Rental Charge by more than 15%, You shall obtain Authorization for any additional amount of the Charge, which is greater than the Estimated Rental Charge. If You fail to request such Authorization for the additional amount, or You request Authorization for the additional amount but Authorization is declined, and the Cardmember fails to pay the Charge for any reason, We shall have Full Recourse for the full amount of the Charge in excess of the Estimated Rental Charge. (iii) We have the right to periodically monitor Your Establishment’s compliance with the Authorization procedures set forth above. If We notify You that Your Establishment is not complying with these procedures, You agree to rectify such non-compliance. If, after thirty (30) days from the date You were notified notified of the non-compliance, Your Establishment continues to fail to comply with these procedures, then We shall have Full Recourse for the full amount of any Charge made at Your Establishment during such period on continued non-compliance. For the purposes of this provision, “non-compliance” shall occur when more than five five percent (5%) of Your Establishment’s Authorizations or more than five five percent (5%) of Your Authorizations, do not comply with these Authorization procedures.

Appears in 1 contract

Samples: Merchant Agreement

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Car Hire. (a) a. When a Cardmember wishes to use the Card to hire a vehicle, You you shall obtain Authorization for the full estimated amount of the Charge (“Estimated Rental Charge”). The Estimated Rental Charge shall be determined by multiplying the rate by the rental period reserved by the Cardmember. You shall not overestimate this amount and shall not include an amount for any possible damage to or theft of the vehicle. If You you fail to obtain such Authorization for the Estimated Rental Charge and submit the Charge, and the Cardmember fails to pay the Charge for any reason, We we shall have Full Recourse for the full amount of the Charge. Upon return of the vehicle, the following terms shall apply: (i) If the final Charge is no greater than the Estimated Rental Charge plus 15% of such a Charge, no further Authorization shall be necessary.; (ii) If the final Charge is greater than the Estimated Rental Charge by more than 15%, You you shall obtain Authorization for any additional amount of the Charge, which is greater than the Estimated Rental Charge. If You you fail to request such Authorization for the additional amount, or You you request Authorization for the additional amount but Authorization is declined, and the Cardmember fails to pay the Charge for any reason, We we shall have Full Recourse for the full amount of the Charge in excess of the Estimated Rental Charge.; and (iii) We have the right to periodically monitor Your your Establishment’s compliance with the Authorization procedures set forth above. If We we notify You you that Your your Establishment is not complying with these procedures, You you agree to rectify such non-compliance. If, after thirty (30) days from the date You you were notified of the non-compliance, Your your Establishment continues to fail to comply with these procedures, then We we shall have Full Recourse for the full amount of any Charge made at Your your Establishment during such period on continued non-compliance. For the purposes of this provision, “non-compliance” shall occur when more than five percent (5%) of Your your Establishment’s Authorizations or more than five percent (5%) of Your your Authorizations, do not comply with these Authorization procedures.

Appears in 1 contract

Samples: Merchant Agreement

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