Common use of Cash Advances; Scrip Purchases Clause in Contracts

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.

Appears in 4 contracts

Samples: Merchant Agreement, Merchant Agreement, Merchant 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 xx xxxx of this Section is grounds for Processor’s immediate termination of the Merchant Agreement.

Appears in 1 contract

Samples: Merchant Agreement

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