Common use of Charge Backs Clause in Contracts

Charge Backs. Xxxxxxxx will accept for chargeback any sale for which the Cardholder disputes the validity of the sale according to prevailing Card Association regulations, or a Card issuer or Processor determines that Merchant has in any way failed to comply with Card Association regulations or Processor’s procedures in accepting a Card and presenting the resulting Sales Draft to Processor for purchase. Merchant shall require Cardholder to sign an imprinted copy of the Sales Draft during the time when the point-of-sale Terminal printer is inoperable. Notwithstanding any other provision herein, Processor may chargeback the amount of a Card sale disputed by the Cardholder if Xxxxxxxx failed to obtain the Card Imprint or the Cardholder’s signature. Xxxxxxxx may not initiate a Transaction in an attempt to collect a Chargeback. Merchant will pay the current published fees for each Chargeback as listed on Pricing Schedule A.

Appears in 3 contracts

Samples: Merchant Agreement, Merchant Agreement, Merchant Agreement

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Charge Backs. Xxxxxxxx will accept for chargeback any sale for which the Cardholder disputes the validity of the sale according to prevailing Card Association regulations, or a Card issuer or Processor determines that Merchant has in any way failed to comply with Card Association regulations or Processor’s procedures in accepting a Card and presenting the resulting Sales Draft to Processor for purchase. Merchant shall require Cardholder to sign an imprinted copy of the Sales Draft during the time when the point-of-point of sale Terminal printer is inoperable. Notwithstanding any other provision herein, Processor may chargeback the amount of a Card sale disputed by the Cardholder if Xxxxxxxx failed to obtain the Card Imprint or the Cardholder’s signature. Xxxxxxxx may not initiate a Transaction in an attempt to collect a Chargeback. Merchant will pay the current published fees for each Chargeback as listed on Pricing Schedule A.

Appears in 1 contract

Samples: Merchant Agreement

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Charge Backs. Xxxxxxxx Merchant will accept for chargeback any sale for which the Cardholder disputes the validity of the sale according to prevailing Card Association regulations, or o r a Card issuer or Processor determines that Merchant has in any way failed to comply with Card Association regulations or Processor’s procedures in accepting a Card and presenting the resulting Sales Draft to Processor for purchase. Merchant shall require Cardholder to sign an imprinted copy of the Sales Draft during the time when the point-of-point of sale Terminal printer is inoperable. Notwithstanding any other provision herein, Processor may chargeback the amount of a Card sale disputed by the Cardholder if Xxxxxxxx Merchant failed to obtain the Card Imprint or the Cardholder’s signature. Xxxxxxxx Merchant may not initiate a Transaction in an attempt to collect a Chargeback. Merchant will pay the current published fees for each Chargeback as listed on Pricing Schedule A.

Appears in 1 contract

Samples: Merchant Agreement

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