Card Processing. Seller will void on and as of the Closing Date all (i) ATM access cards issued by it to customers of the Branch who will not have ATM-accessible accounts with Seller after the Closing Date, (ii) debit cards issued by it to customers of the Branch who will not have debit card-accessible accounts with Seller after the Closing Date, and (iii) check guarantee cards issued by it to customers of the Branch who will not have checking accounts with Seller after the Closing Date. Seller will notify the customer in writing as part of the notice requested under Section 13.1 above, of such cancellation of the ATM access cards, debit cards and check guarantee cards. Seller agrees to provide to Buyer the necessary data and tapes required, prior to the Closing Date, to accommodate the processing of ATM and debit cards, which may then be issued prior to the Closing Date. Furthermore, the Parties agree to settle within two (2) Business Days of the ATM transaction date for transactions occurring prior to Closing or during the conversion period and for customers with sufficient funds: (i) any and all rejected ATM and debit card transactions processed after the Closing Date, and (ii) any and all ATM and debit card transactions processed while the ATM or debit card network could not communicate with Seller's main host. Buyer agrees to remit the total sum of such transactions to Seller on the same date the transactions are settled. Any claim submitted under "Regulation E" of the Federal Reserve System, for transaction processed prior to the Closing Date on Deposits transferred to Buyer, shall be settled as follows:
Card Processing. Seller will void on and as of the Closing Date all (i) ATM access cards issued by it to customers of the Branches who will not have ATM-accessible accounts with Seller after the Closing Date and (ii) debit cards issued by it to customers of the Branches who will not have debit card-accessible accounts with Seller after the Closing Date. Seller will notify the customer in writing as part of the notice requested under Section 13.1 above, of such cancellation of the ATM access cards and debit cards. Seller agrees to provide to Buyer the necessary data and tapes required, prior to the Closing Date, to accommodate the processing of ATM and debit cards, which may then be issued prior to the Closing Date. Furthermore, the Parties agree to settle within two (2) Business Days of the ATM transaction date for transactions occurring prior to Closing or during the conversion period and for customers with sufficient funds: (i) any and all rejected ATM and debit card transactions processed after the Closing Date, and (ii) any and all ATM and debit card transactions processed while the ATM or debit card network could not communicate with Seller's main host. Buyer agrees to remit the total sum of such transactions to Seller on the same date the transactions are settled. Any claim submitted under "Regulation E" of the Federal Reserve System, for transaction processed prior to the Closing Date on Deposits transferred to Buyer, shall be settled as follows:
Card Processing. Subject to Section 5.1 and the terms and conditions of the Processing Agreements, SHMC shall provide to LE and for so long as they remain wholly owned subsidiaries of LE, to Land’s End Direct Merchants, Inc. and Land’s End Europe Limited (together with LE, the “LE Receiving Parties”), and to no other Affiliates of LE, payment card processing services (the “Services”) for those consumer credit cards, debit cards, pre-paid access cards and private label credit cards (collectively, the “Cards”) that are accepted by all retail businesses operated by Sears, Xxxxxxx and Co. and Kmart Corporation, including Sears stores and Kmart stores, Xxxxx.xxx, Xxxxx.xxx and all other retail businesses operated by all current and future electronic means, channels, processes and methods, including via the Internet (collectively, the “SHMC Locations”) for payment of products and services, pursuant to the Card processing agreements between SHMC on the one hand, and one or more third parties, on the other hand as set forth on Appendix #1 and in effect as of the Effective Date (together with the merchant operating regulations for all such agreements, and as they may be amended, modified or waived from time to time, the “Processing Agreements”). SHMC may, in its sole discretion, add, remove or change the Cards accepted at any or all of the SHMC Locations or enter into new or amended Processing Agreements, and any and all such changes shall be immediately binding on the LE Receiving Parties without prior notice. SHMC shall not be obligated to provide any Services or any other benefits to any LE Receiving Party that are not provided for under the Processing Agreements.
Card Processing. You represent and warrant that Schedule A lists any and all of Borrower's Card Processors and any and all arrangements to which Borrower is a party with respect to the payment to Borrower of the proceeds of all credit card charges for sales by Borrower, including, with respect to each such Card Processor, (i) the name and address of that Card Processor and (ii) the merchant identification number assigned to Borrower by such Card Processor. You agree during the Term of this Agreement that you will promptly (and in any event within five business days thereof) provide notice to Lender of any change to Schedule A attached hereto, together with an updated Schedule A incorporating such change(s).
Card Processing. In order for Company to accept Card payments through the Lockbox, Company will be required to meet certain requirements and additional costs may apply. The following is applicable in relation to accepting Card payments via Lockbox:
Card Processing. Client authorizes CharityWeb to process and transmit the Data to the Provider who will transfer the Data to Client’s bank.
Card Processing. All (i) ATM access cards, debit cards, or combined ATM and debit cards issued by Seller to customers of the Branches who will not have accounts accessible by such cards with Seller after the Closing Date, and (ii) check guarantee cards issued by Seller to customers of the Branches who will not have checking accounts with Seller after the Closing Date, if applicable, will be valid for a period of thirty (30) days after the Closing Date. In connection with the notices to depositors described in Section 4.11 of this Agreement, Buyer will notify customers in writing at least thirty (30) calendar days prior to the anticipated cancellation of the ATM access cards and check guarantee cards. Seller agrees to provide the necessary data tapes reasonably required, prior to the Closing Date, to accommodate Buyer's processing of ATM cards, which Buyer may issue, but not activate, prior to the Closing Date. Furthermore, both Buyer and Seller agree to settle within two (2) business days after the ATM transaction date: (i) any and all rejected ATM transactions processed after the Closing Date, and (ii) any and all ATM transactions processed while the ATM network could not communicate with Seller's main host. The Buyer agrees to remit the total sum of such transactions to the Seller on the same date the transactions are settled.
Card Processing. Client acknowledges that for card transactions processed by credit card, debit card or prepaid card under this Agreement, Flywire or an Affiliate of Flywire shall be designated as the merchant of record, as the agent of Client for the purpose of processing the card transactions.
Card Processing. Home Savings will void on and as of the Closing Date all ATM access cards issued by it to customers of the Branches who will not have ATM-accessible accounts with Home Savings after the Closing Date.
Card Processing. Prior to Closing, Seller shall provide Buyer with the necessary data and tapes required to accommodate the processing of ATM and debit cards, which may then be issued prior to Closing. Furthermore, the Parties agree to settle on a daily basis all transactions occurring during the conversion period.
