Collection of Pre-existing Debt. Merchant may not prepare and present to MAS for purchase any Transaction representing the refinancing of an existing Cardholder obligation including, but not limited to, obligations: (a) previously owed to Merchant; (b) arising from the dishonor of a Cardholder’s personal check or relating to a Chargeback; or (c) representing the collection of any other pre-existing indebtedness, including collection of delinquent accounts on behalf of third parties.
Appears in 4 contracts
Samples: Merchant Agreement, Merchant Agreement, Merchant Agreement
