Common use of Chargeback Process Clause in Contracts

Chargeback Process. Without limiting Bank’s chargeback rights under the provisions of Section 8.1, prior to effecting a chargeback pursuant to such Section, Bank shall employ its ordinary course dispute resolution procedures applicable to chargebacks (which procedures will be no less favorable in any material respect to Retailer than the dispute resolution procedures generally used by Bank with respect to its other private label and co-brand program partners) to assess the claims of the Cardholder and Retailer’s response thereto. Bank shall designate a representative of Bank to facilitate such process, including working with Retailer in any case in which Retailer reasonably believes the basis for a particular chargeback is invalid or has been corrected (in either case, based on new or additional information not previously requested by Bank).

Appears in 5 contracts

Samples: Program Agreement, Program Agreement (Stein Mart Inc), Program Agreement (Stein Mart Inc)

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