Chargebacks prohibited. User waives any right it may have to request a chargeback through User’s credit card company, bank or any authorized representative for any amount paid to Company under this Agreement. User will be responsible for and will indemnify Company with respect to any and all chargebacks initiated by User, or User’s partners, affiliates, representatives, or associated individuals in relation to this Agreement or Company’s provision of Services to User. If Company is harmed by User’s chargeback, including, but not limited to Company suffering any financial loss (including the clawback of funds from Company’s accounts), Company expending time to respond or otherwise object to User’s chargeback, or if User advances a fraudulent chargeback against Company, User agrees to pay Company the higher amount of either (i) three (3) times the amount of User’s unauthorized chargeback or (ii) a $30,000.01 penalty. In addition to the agreed penalty for User’s initiation of a chargeback against Company, User will also be responsible for any of Company’s time spent fighting the chargeback at an hourly rate of $550.00 an hour.
Chargebacks prohibited. Client waives any right it may have to request a chargeback through Client’s credit card company, banking institution, or any authorized representative for services or any other amount paid to Company under this Agreement. Client will be responsible for and will indemnify Company with respect to any and all chargebacks initiated by Client, or Client’s partners, affiliates, representatives, or associated individuals (which includes, but is not limited to the individual owners of an associated entity that hired Company) in relation to this Agreement. If Company is harmed by Client’s chargeback, including, but not limited to Company suffering any financial loss (including, but not limited to, the claw back of funds from bank accounts causing a negative impact on Company’s regular business operation, etc.), Company expending time to respond or otherwise object to Client’s chargeback, or if Client advances a fraudulent chargeback against Company, Client agrees to pay Company the higher amount of either (i) 3 times the amount of Client’s unauthorized chargeback or (ii) a $30,000.01 penalty. In addition to the agreed penalty for Client’s initiation of a chargeback against Company, Client will also be responsible for any of Company’s time spent fighting the chargeback at Company attorney’s hourly rate, which starts at $550.00 an hour.
Chargebacks prohibited. Users will be responsible and will indemnify Company with respect to any and all chargebacks regarding Services performed under this Agreement. If Company is harmed by User’s chargeback, including, but not limited to User advancing a fraudulent chargeback against Company, User agrees to pay Company the higher amount of either (i) interest in the amount of 5% of the Proposed Project Service Fee due and payable to Company or (ii) to pay the maximum amount allowable by law.
