Common use of Collection for Cardholders Clause in Contracts

Collection for Cardholders. Merchant may not collect or attempt to collect a charge from any Cardholder of American Express Cards for any purchase or payment on an American Express Card unless: (i) the charge has been charged back to the Merchant; (ii) Merchant has accepted and/or paid the charge (i.e., no Chargeback reversal has been processed); and (iii) Merchant has a right to collect or attempt to collect funds to recover unpaid amounts lawfully owed to Merchant by such Cardholder American Express Cards.

Collection for Cardholders. Merchant may not collect or attempt to collect a charge from any Cardholder of American Express Cards for any purchase or payment on an American Express Card unless: (i) the charge has been charged back to the Merchant; (ii) Merchant has accepted and/or paid the charge (i.e., no Chargeback reversal has been processed); and (iii) Merchant has a right to collect or attempt to collect funds to recover unpaid amounts lawfully owed to Merchant by such Cardholder American Express Cards.;