Common use of FRAUDULENT TRANSACTIONS Clause in Contracts

FRAUDULENT TRANSACTIONS. 12.1 In this clause "Fraudulent Transaction" means any transaction which would be fraud or Laundering (regardless of whether an Electronic Authorisation Function code number has been issued by iKhokha to You) in terms of the common law or statute. Thisincludes, without limitation, any purchase and/or transaction made by anyone who is not the authorised Cardholder, or someone authorised by the Cardholder or the use of a Card which has not been issued by a bona fide (good faith or authorised) Card Issuer.

Appears in 3 contracts

Samples: Payment Acceptance Agreement, Payment Acceptance Agreement, Payment Acceptance Agreement

AutoNDA by SimpleDocs

FRAUDULENT TRANSACTIONS. 12.1 In this clause "Fraudulent Transaction" means any transaction which would be fraud or Laundering (regardless of whether an Electronic Authorisation Function code number has been issued by iKhokha to You) in terms of the common law or statute. ThisincludesThis includes, without limitation, any purchase and/or transaction made by anyone who is not the authorised Cardholder, or someone authorised by the Cardholder or the use of a Card which has not been issued by a bona fide (good faith or authorised) Card Issuer.

Appears in 2 contracts

Samples: Payment Acceptance Agreement, Payment Acceptance Agreement

AutoNDA by SimpleDocs

FRAUDULENT TRANSACTIONS. 12.1 In this clause "Fraudulent Transaction" means any transaction which would be fraud or Laundering (regardless of whether an Electronic Authorisation Function code number has been issued by iKhokha to You) in terms of the common law or statute. Thisincludes, without limitation, any purchase and/or transaction made by anyone who is not the authorised Cardholder, or someone authorised by the Cardholder or the use of a Card which has not been issued by a bona fide (good faith or authorised) Card Issuer.

Appears in 1 contract

Samples: Payment Acceptance Terms and Conditions

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!