Cash Advances; Scrip Purchases Sample Clauses

Cash Advances; Scrip Purchases. Merchant may not deposit any Transaction for the purpose of obtaining or providing a cash advance either on Merchant's Card or the Card of any other party and may not accept any Card at a scrip terminal, and either action will be grounds for Servicer’s immediate termination of this Agreement.
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Cash Advances; Scrip Purchases. Merchant may not (i) present to Processor for collection any Transaction for the purpose of obtaining or providing a cash advance either on Merchant’s Card or the Card of any other party and (ii) accept any Card at a Scrip terminal. Violation of either clause of this Section is grounds for Processor’s immediate termination of the Merchant Agreement.
Cash Advances; Scrip Purchases. Merchant may not (i) present to Peoples Trust for collection any Transaction for the purpose of obtaining or providing a cash advance either on Merchant’s Card or the Card of any other party and (ii) accept any Card at a Scrip terminal. Violation of either clause of this Section is grounds for Peoples Trust’s immediate termination of the Merchant Agreement.
Cash Advances; Scrip Purchases. Merchant may not (i) present to Servicer for collection any Transaction for the purpose of obtaining or providing a cash advance either on Merchant’s Card or the Card of any other party and (ii) accept any Card at a Scrip terminal. Violation of either clause of this Section is grounds for Servicer’s immediate termination of the Merchant Agreement.
Cash Advances; Scrip Purchases. Merchant may not (i) present to Peoples Trust for collection any Transaction for the purpose of obtaining or providing a cash advance either on Merchant’s Card or the Card of any other party and (ii) accept any Card at a Scrip terminal. Violation of either clause of this Section is grounds for Peoples Trust’s immediate termination of the Merchant Agreement. Duplicate Transactions. Merchant may not present to Peoples Trust for collection duplicate Transactions. Peoples Trust may debit Merchant for any duplicate Transaction adjustments and Merchant is liable for any Chargebacks resulting therefrom. Presentment of Fraudulent Transactions. Merchant may not accept or present to Peoples Trust for collection any fraudulent Transaction and may not under any circumstances present for processing or credit, directly or indirectly, Transactions originated with any other merchant or any other source. Merchant may accept only Transactions arising from bona fide purchases from Merchant for the goods and services for which Merchant has been approved under the Merchant Agreement. If Merchant presents to Peoples Trust for collection any prohibited Transaction, Peoples Trust may: (a) immediately terminate the Merchant Agreement; (b) withhold funds and establish a Reserve Account as provided herein; and (c) report Merchant to MATCH (as defined in Section 2.16) file, and any Interac equivalent. Merchant’s employees’ actions are chargeable to Merchant under the Merchant Agreement. Data Security Personal/Cardholder Information. Merchant may not, as a condition of sale, impose a requirement on Cardholders to provide any personal information as a condition for honoring Cards unless such information is required to provide delivery of goods or services or Merchant has reason to believe the identity of the person presenting the Card may be different than that of the Cardholder. Merchant will not, under any circumstances, release, sell or otherwise disclose any Cardholder Information to any person other than Peoples Trust or the applicable Card Association, except as expressly authorized in writing by the Cardholder, or as required by law.
Cash Advances; Scrip Purchases. Merchant may not (i) present to Pivotal for collection any Transaction for the purpose of obtaining or providing a cash advance either on Merchant’s Card or the Card of any other party and (ii) accept any Card at a Scrip terminal. Violation of either clause of this Section is grounds for Pivotal’s immediate termination of the Merchant Agreement.

Related to Cash Advances; Scrip Purchases

  • Investments, Loans, Advances, Guarantees and Acquisitions The Company will not, and will not permit any of its Subsidiaries to, purchase, hold or acquire (including pursuant to any merger or consolidation with any Person that was not a wholly owned Subsidiary prior to such merger or consolidation) any capital stock, evidences of indebtedness or other securities (including any option, warrant or other right to acquire any of the foregoing) of, make or permit to exist any loans or advances to, Guarantee any obligations of, or make or permit to exist any investment or any other interest in, any other Person, or purchase or otherwise acquire (in one transaction or a series of transactions) any Person or any assets of any other Person constituting a business unit or the rights of any licensee under a trademark license to such licensee from the Company or any of its Affiliates, except: (a) Permitted Investments; (b) investments by the Company or a Subsidiary in the capital stock of its Subsidiaries; (c) loans or advances made by the Company to, and Guarantees by the Company of obligations of, any Subsidiary, and loans or advances made by any Subsidiary to, and Guarantees by any Subsidiary of obligations of, the Company or any other Subsidiary; (d) Guarantees constituting Indebtedness permitted by Section 6.01; (e) advances or loans made in the ordinary course of business to employees of the Company and its Subsidiaries; (f) Investments existing on the Effective Date not otherwise permitted under this Agreement; (g) Investments received in connection with the bona fide settlement of any defaulted Indebtedness or other liability owed to the Company or any Subsidiary; (h) Permitted Acquisitions; (i) Swap Agreements not entered into for speculative purposes; (j) Investments in connection with the ownership, development, leasing, acquisition, construction or improvement of the Corporate Headquarters; (k) Investments in joint ventures in an aggregate amount not to exceed the greater of (i) $100,000,000 and (ii) 2.75% of Total Assets (determined at the time of each such investment by reference to the Company’s financial statements most recently delivered pursuant to Section 5.01(a) or (b) or, if prior to the date of the delivery of the first financial statements to be delivered pursuant to Section 5.01(a) or (b), the most recent financial statements referred to in Section 3.04(a)); (l) Investments, in addition to Investments permitted under clauses (a) through (j) of this Section 6.04 made after the Effective Date in an aggregate amount not to exceed $500,000,000 at any time outstanding in any Person or Persons; (m) Investments so long as prior to making such Investment and after giving effect (including giving effect on a pro forma basis) thereto (i) no Default or Event of Default has occurred and is continuing or would occur and (ii) the Company is in compliance with Section 6.07.

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