Invalid Sales. Any purported transfer of Shares made without fully complying with all of the provisions of this Agreement shall be null and void and without force or effect.
Invalid Sales. Notwithstanding any provision in this Agreement to the contrary, any Transfer under this Section 2.4 shall be subject to the Company’s Right to Repurchase in Section 2.5. Any purported Transfer of Shares made without fully complying with all of the provisions of this Agreement shall be null and void and without force or effect.
Invalid Sales. Any purported Transfer of the Series C Preferred Shares made without fully complying with all of the provisions of this Agreement will be null and void ab initio and without force or effect.
Invalid Sales. 5.1 For the purposes of this Agreement, a sale is not valid if:
(a) it is illegal;
(b) it is made using a Card that has a signature panel and the panel has not been signed by the Cardholder;
(c) it is made using a Card that has a signature panel and the Sales Voucher or EFTPOS Receipt recording the sale is not signed;
(d) it is made using a Card that has a signature panel and the signature on the Sales Voucher or EFTPOS Receipt recording the sale is forged or unauthorised and you should have known or could reasonably have detected that the signature was forged or unauthorised;
(e) the particulars inserted in the Sales Voucher or EFTPOS Receipt recording the sale are not identical with the particulars inserted in the copy given to the Cardholder;
(f) the Card used for the sale is not current at the time of the transaction;
(g) the Card used for the sale is listed on any Warning Bulletin or Hot Card List at the time of the sale;
(h) the price charged to the Cardholder for any item of goods or services is in excess of the price at which you would supply the item to the Cardholder for cash;
(i) the amount of the sale, when added to the amount of other sales made by you in any 24 hour period and charged to a particular Card, was in excess of the Floor Limit applicable to that Card, unless:
(i) you obtained authorisation from us and an authorisation number given by us for that sale has been noted on the Sales Voucher; or
(ii) you could not reasonably be expected to be aware that the Floor Limit has been breached;
(j) the Sales Voucher or EFTPOS Receipt used to record the sale is incomplete or illegible;
(k) you failed to observe this Agreement in relation to the sale;
(l) the Card used for the sale was used without the authority of the Cardholder or, in the case of Bearer Cards, the Accountholder and the unauthorised use could reasonably have been detected;
(m) the Sales Voucher or other record of the sale is received by us more than thirty (30) days after the sale took place;
(n) you are not able to provide to us the Merchant Copy recording the sale within 7 days if we ask for it;
(o) the Card used for the sale has a designated vehicle registration number printed or embossed on the Card and the goods or services purchased are not for the designated vehicle;
(p) the Card used for the sale has restrictions on the type of goods or services which may be purchased using the Card or other restrictions printed or embossed on it and the sale contravenes those restricti...
Invalid Sales. 5.1 The crediting by XXXXXXX Bank of the gross amount of sales to the Merchant’s banking account on any day is in no way binding upon XXXXXXX Bank as to the validity of any sale transaction, and XXXXXXX Bank reserves the right to debit the Merchant with the amount of such transaction found to be invalid. A Sales transaction shall be invalid if :-
5.1.1 The transaction is for any reason fraudulent. Inter-alia, examples of such transactions are those where for one reason or the other, a Till Operator may swipe a customer’s card twice instead of once, and also instances where card acceptance standards are not observed.
5.1.2 The terminal printout slip is different from the copy handed to the Cardholder.
5.1.3 The date of expiry stated on the Card has passed at the time of the transaction. Till operators have to observe the card acceptance practice at all times.
5.1.4 A Card was accepted which has been mutilated, defaced or cloned.
5.1.5 The price charged to the Cardholder is in excess of the Merchant’s normal price for goods supplied and/or services rendered.
5.1.6 The Merchant fails to adhere to the terms of the Agreement in respect of the transaction.
Invalid Sales. Any purported Transfer of Securities made without fully complying with all of the provisions of this Second Amended Agreement shall be null and void and without force or effect and each Transferring Securityholder shall indemnify and hold harmless all of the other parties from any and all claims and expenses relating to such purported Transfer.
Invalid Sales. Any purported Transfer of Shares made without fully complying with the provisions of this Agreement shall be null and void. The Company agrees not to record any Transfer of Shares on its books and records if it believes such Transfer is not being made in accordance with this Agreement without the consent of the Board.
Invalid Sales. 5.1 The crediting by ZB Bank of the gross amount of sales to the Merchant’s banking account on any day is in no way binding upon ZB Bank as to the validity of any sale transaction, and ZB Bank reserves the right to debit the Merchant with the amount of such transaction found to be invalid. A Sales transaction shall be invalid if :-
5.1.1 The transaction is for any reason fraudulent. Inter-alia, examples of such transactions are those where for one reason or the other, a Till Operator may swipe a customer’s card twice instead of once, and also instances where card acceptance standards are not observed.
5.1.2 The terminal printout slip is different from the copy handed to the Cardholder.
5.1.3 A Card was accepted which has been mutilated or defaced.
5.1.4 The price charged to the Cardholder is in excess of the Merchant’s normal price for goods supplied and/or services rendered.
5.1.5 The Merchant fails to adhere to the terms of the Agreement in respect of the transaction.
5.2 The Bank may in its sole discretion elect to treat any of the above mentioned transactions as valid.
