Common use of Chargebacks Clause in Contracts

Chargebacks. Merchant will accept for chargeback any sale for which the Cardholder disputes the validity of the sale according to prevailing Card Brand regulations, or a Card Issuer or Servicer determines that Merchant has in any way failed to comply with Card Brand regulations or Servicer's procedures in accepting a Card and presenting the resulting Sales Draft to Servicer for purchase.

Chargebacks. Merchant will accept for chargeback any sale for which the Cardholder disputes the validity of the sale according to prevailing Card Brand Association regulations, or a Card Issuer issuer or Servicer Settlor determines that Merchant has in any way failed to comply with Card Brand Association regulations or ServicerSettlor's procedures in accepting a Card and presenting the resulting Sales Draft to Servicer Settlor for purchase.

Chargebacks. Merchant will accept for chargeback any sale for which the Cardholder disputes the validity of the sale according to prevailing Card Brand Association regulations, or a Card Issuer issuer or Servicer Bank determines that Merchant has in any way failed to comply with Card Brand Association regulations or ServicerBank's procedures in accepting a Card and presenting the resulting Sales Draft to Servicer Bank for purchase.

Chargebacks. Merchant will accept for chargeback any sale for which the Cardholder disputes the validity of the sale according to prevailing Card Brand Association regulations, or a Card Issuer issuer or Servicer Settlor determines that Merchant has in any way failed to comply with Card Brand regulations or Servicer's procedures in accepting a Card and presenting the resulting Sales Draft to Servicer for purchase.that