Deposits of Principals. Owners, partners, officers and employees of Your business establishment, and the guarantors who signed the Application, are prohibited from submitting Sales Drafts or Credit Drafts transacted on their own personal Cards, other than transactions arising from bona fide purchases of goods or services in the ordinary course of Your business. Any use in violation of this Section 3.10 is deemed a prohibited cash advance.
Deposits of Principals. You are prohibited from depositingtransactionsoriginatingfrom Cardsofowners, partnersor officersofyour businessestablishment except for transactions that are routine in type, size and frequency for your business and that represent actual sales of goods or s ervices. Submission of sales transactions on Cards in order to obtain a cash advance is strictly prohibited and may result in immediate cancellation of your account.
Deposits of Principals. Owners, partners or officers of your business establishment are prohibited from depositing sales transacted on their own personal bankcards, other than transactions for valid purchases of services (e.g., cash advances are prohibited). Cash Payment/Disbursement: You must not accept any direct payments from Cardholders for services that have been included on an Authorization Form. It is the right of the Card-Issuing Bank to receive such payments. Taxes on Card transactions must be included in the amount charged and may not be collected by you in cash. You may not make any cash disbursements to a Cardholder as part of a Card transaction except to the extent expressly indicated in the Association Rules or on the signed Authorization Form.
