INVALID TRANSACTIONS Sample Clauses

INVALID TRANSACTIONS. With regard to reimbursement of the ETR, XXXXXXX reserves the right to deduct the amounts of transactions carried out with ETR in the following non-exhaustive cases: 9.1. transactions carried out in violation of these Network Affiliation Conditions; 9.2. transactions where the ETR accepted by the MERCHANT is, for whatever reason, illegal or invalid; 9.3. the MERCHANT makes one or more of the Terminals assigned to it in accordance with Articles 4.2-4.4. available to a third party not authorised by the terminal Provider and by XXXXXXX; 9.4. a USER provides proof that they have not purchased the assortment that is the subject of an ETR transaction or that an ETR transaction is not stated on the corresponding proof of purchase.
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INVALID TRANSACTIONS. 5.1. The following Transactions are not valid a) made in breach of the Contract or Applicable Law;
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INVALID TRANSACTIONS. 9.1 We may, at our discretion, choose to treat invalid transactions as valid, but without prejudice to our right to treat any later similar transactions as invalid transactions. 9.2 We may charge back invalid transactions as described in clause 12. 9.3 We may debit the value of invalid transactions against your Merchant Account at any time or recover it from you in any other way.
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INVALID TRANSACTIONS. 6.1 We will not credit the amount of Invalid Transactions to your account. If we do so, we may Charge Back that credit against you, regardless of whether authorisation was given for the Card Transaction or not. 6.2 A Card Transaction and/or Alternative Payment Transaction will be an Invalid Transaction: (a) if it is prohibited under clause 4.1; (b) if it is fraudulent or otherwise breaches any Law; (c) where the Card Transaction is purportedly authorised by a signature on a Credit Sales Receipt or Credit Sales Voucher and the signature is a forgery or has been obtained by fraud, duress or is otherwise not valid; (d) where a Card Transaction and/or Alternative Payment Transaction is a MO/TO Transaction or an e-Commerce Transaction and you have not been authorised by us to process Card Transactions and/or Alternative Payment Transactions initiated by those means; (e) if you did not obtain authorisation for the particular transaction; (f) where the Card Transaction and/or Alternative Payment Transaction was not authorised by the Cardholder and/or Consumer; (g) if the Card has expired; (h) if the POS Terminal prints or displays a different card number than the number printed or embossed on the Card; (i) if you do not have MO/TO authorisation and perform a Manual Transaction (excluding any card-not-present transaction) where the System, the POS Terminal and the Credit Card are operational; (j) if you know or believe that the Card used in a Card Transaction is stolen or its use is otherwise unauthorised by the Cardholder, the Card Issuer or the Bank; (k) if, in your reasonable opinion, you believe that the Card has been forged or altered or any detail on it, including any signature, is forged or the signature is not that of the person named on the Card; (l) if the Cardholder or Consumer wishes to process the Card Transaction or Alternative Payment Transaction to transfer funds to a third party; (m) where the Card Transaction and/or Alternative Payment Transaction has not been authorised by us; or (n) if this Agreement has been terminated prior to the date of the Card Transaction and/or Alternative Payment Transaction. 6.3 You agree that we may Charge Back, delay, block, freeze and/or refuse to accept any Card Transaction and/or Alternative Payment Transaction where we have reasonable grounds to believe that Card Transaction and/or Alternative Payment Transaction breaches any Law or is an Invalid Transaction. 6.4 You will not attempt to obtain payment from us or ...
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INVALID TRANSACTIONS. Without incurring any form of liability on our part, the parties agree that a transaction shall be deemed as an Invalid Transaction and shall not be processed by us, if any of the following circumstances occur: (a) If the transaction is or the circumstances which gave rise to the transaction is contrary to the law or the rules and/or regulations imposed by a Card Issuer or Scheme Operator; (b) If the transaction is fraudulent or was made without authority of the rightful Cardholder or if the transaction is unsigned, when a signature is required; (c) When the transaction is purely a remittance of funds and not an exchange of money for goods and/or services. These includes payments of wages, salaries or involves a transaction purporting to be a Refund but there is no corresponding sales transaction from which the same is based; (d) If the Card used for the transaction is not valid, current, has been declared lost, stolen or otherwise rejected at the time of the transaction; (e) When a single transaction is split into two (2) or more transactions; (f) The transaction or the circumstances surrounding the same violates or does not conform with these Terms, the User Guide or any of our instructions; (g) If the transaction is not in connection with the provision of goods or services by you to a genuine customer. (h) Any other circumstances which, in our reasonable discretion, renders any transaction as invalid.
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INVALID TRANSACTIONS. 10.1 Any sales voucher or Terminal generated receipt will be invalid if one or more of the following occur: 10.1.1 the then current date is before the start date indicated on the Card or the Card has expired and the Merchant did not get authorisation from NuPay; 10.1.2 the Transaction does not comply with the warranties in clause 9 of this Schedule; 10.1.3 the value of the Transaction is more than the authorised Floor Limit and the Merchant did not get authorisation from NuPay in advance; 10.1.4 the customer has tendered a Card but no signature appears on the sales voucher or Terminal generated receipt; 10.1.5 the customer has tendered a Card but the signature which appears does not correspond with the signature on the Card; 10.1.6 the Merchant accepted a Chip Card, but using the Merchant Supervisor Function described in clause 12.11 of this Schedule the Merchant processed the Transaction using the magnetic stripe data or by making a manual Card detail entry; 10.1.7 the Merchant accepted a Chip Card, but processed the Transaction using magnetic stripe data because the Terminal is not EMV- compliant as required in clause 4.7 of this Schedule; 10.1.8 the sales voucher or Terminal generated receipt is different from the copy the Merchant gave to the customer; 10.1.9 the sales voucher or Terminal generated receipt is materially incomplete, which incompleteness will be determined in the sole and absolute discretion of NuPay; 10.1.10 the Merchant accepted a mutilated, defaced, blank or illegible Card; 10.1.11 the Merchant did not present the sales voucher or the electronic Transaction within the agreed period; 10.1.12 the Merchant is in default of any provision under this Agreement at the time when the Merchant concluded the Transaction with the customer; 10.1.13 the sales voucher or Terminal generated receipt was not processed on an imprinter or Terminal which NuPay supplied or approved; 10.1.14 the customer has returned the goods he/she paid for to the Merchant because he/she is entitled to do so in terms of applicable law or an agreement with the Merchant; 10.1.15 the Transaction represents collection of a dishonoured cheque (i.e. a cheque which was returned unpaid); 10.2 NuPay may choose to treat any of the above Transactions as valid but without prejudice (i.e. harm or limitation) to its rights in any later Transaction to treat any similar Transactions as invalid. 10.3 If there is an invalid Transaction as set out above, NuPay has the right to charge each s...
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INVALID TRANSACTIONS. 8.1 Payments of amounts payable to the Merchant arising from any purchase transaction will, at FeverTree’s reasonable election, be or become invalid if - 8.1.1 the purchase transaction giving rise to the payment instruction is illegal; 8.1.2 the signature of the FeverTree Finance account holder does not appear on the receipt; 8.1.3 the receipt is materially incomplete; 8.1.4 the receipt was not processed on the point of sale solution/terminal supplied or approved by the Credit Provider as provided for in 5; 8.1.5 prior to, at the time of or after the transaction, the Merchant fails to comply with any of its obligations in terms of this agreement (which include, inter alia, the requirement that the Merchant shall verify the identity of the customer) and the point of sale procedures.
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INVALID TRANSACTIONS. In respect of the Business and/or the Assets, the Vendor has not been party to any transaction with any third party which, in the event of the third party going into liquidation or an administration order or a bankruptcy order being made, would constitute (in whole or in part) a transaction at an undervalue, a fraudulent preference, an invalid floating charge or part of a general assignment of debts, which could be set aside against the Vendor.
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Related to INVALID TRANSACTIONS

  • Illegal Transactions You agree that your Card and account will not be used to make or facilitate any illegal transactions as determined by applicable law; and that any such use will constitute an event of default under this Agreement. We may decline any transaction that we believe to be illegal under applicable law, including but not limited to any transaction involving or relating to any gambling activity. You agree that we will have no liability or responsibility for any such use by you or any authorized user(s); or for declining any such transaction. You further agree to indemnify and hold us harmless from any suits, liability, damages or adverse action of any kind that results directly or indirectly from such illegal use. You promise to pay us any and all amounts owing on your Card for any transactions made by you, even if the transaction is determined to be illegal.

  • Invalid Provisions to Affect No Others If fulfillment of any provision hereof, or any transaction related thereto at the time performance of any such provision shall be due, shall involve transcending the limit of validity prescribed by law, then, ipso facto, the obligation to be fulfilled shall be reduced to the limit of such validity; and such clause or provision shall be deemed invalid as though not herein contained, and the remainder of this Agreement shall remain operative in full force and effect.

  • Invalid Provisions If any provision of this Agreement is held to be illegal, invalid or unenforceable under any present or future Law, and if the rights or obligations of any party hereto under this Agreement will not be materially and adversely affected thereby, (a) such provision will be fully severable, (b) this Agreement will be construed and enforced as if such illegal, invalid or unenforceable provision had never comprised a part hereof, (c) the remaining provisions of this Agreement will remain in full force and effect and will not be affected by the illegal, invalid or unenforceable provision or by its severance herefrom and (d) in lieu of such illegal, invalid or unenforceable provision, there will be added automatically as a part of this Agreement a legal, valid and enforceable provision as similar in terms to such illegal, invalid or unenforceable provision as may be possible.

  • Invalid or Unenforceable Provisions The invalidity or unenforceability of any particular provision of this Agreement shall not affect the other provisions hereof, and this Agreement shall be construed in all respects as if the invalid or unenforceable provisions were omitted.

  • Unenforceable Terms Any provision hereof prohibited by law or unenforceable under the law of any jurisdiction in which such provision is applicable shall as to such jurisdiction only be ineffective without affecting any other provision of this Agreement. To the full extent, however, that such applicable law may be waived to the end that this Agreement be deemed to be a valid and binding agreement enforceable in accordance with its terms, the Parties hereto hereby waive such applicable law knowingly and understanding the effect of such waiver.

  • Anti-Takeover Provisions The Company is not party to a shareholder rights agreement, “poison pill” or similar agreement or plan. The Company Board has taken all necessary action so that any takeover, anti-takeover, moratorium, “fair price”, “control share” or other similar Laws enacted under any Laws applicable to the Company (each, a “Takeover Statute”) does not, and will not, apply to this Agreement or the Transactions other than the CICL.

  • Permitted Transactions The Member is free to engage in any activity on its own or by the means of any entity. The Member’s fiduciary duty of loyalty, as it applies to outside business activities and opportunities, and the “corporate opportunity doctrine,” as such doctrine may be described under general corporation law, is hereby eliminated to the maximum extent allowed by the Act.

  • Invalid Provision The invalidity or unenforceability of any provision of this Agreement shall not affect the other provisions hereof, and this Agreement shall be construed in all respects as if such invalid or unenforceable provision were omitted.

  • Fund/SERV Transactions If the parties choose to use the National Securities Clearing Corporation’s Mutual Fund Settlement, Entry and Registration Verification (“Fund/SERV”) or any other NSCC service, the following provisions shall apply: The Company and the Fund or its designee will each be bound by the rules of the National Securities Clearing Corporation (“NSCC”) and the terms of any NSCC agreement filed by it or its designee with the NSCC. Without limiting the generality of the following provisions of this section, the Company and the Fund or its designee will each perform any and all duties, functions, procedures and responsibilities assigned to it and as otherwise established by the NSCC applicable to Fund/SERV, the Mutual Fund Profile Service, the Networking Matrix Level utilized and any other relevant NSCC service or system (collectively, the “NSCC Systems”). Any information transmitted through the NSCC Systems by any party or its designee to the other or its designee and pursuant to this Agreement will be accurate, complete, and in the format prescribed by the NSCC. Each party or its designee will adopt, implement and maintain procedures reasonably designed to ensure the accuracy of all transmissions through the NSCC Systems and to limit the access to, and the inputting of data into, the NSCC Systems to persons specifically authorized by such party. On each day on which the New York Stock Exchange is open for trading and on which the Fund calculates its net asset value pursuant to the rules of the SEC (“Business Day”), the Company shall aggregate and calculate the net purchase and redemption orders for each Account received by the Company by the close of the New York Stock Exchange (generally, 4:00 p.m. Eastern Time) (the “Close of Trading”) on the Business Day. The Company shall communicate to the Fund or its designee for that Business Day, by Fund/SERV, the net aggregate purchase or redemption orders (if any) for each Account received by the Close of Trading on such Business Day (the “Trade Date”) no later than 7:00 a.m. Eastern Time (or such other time as may be agreed by the parties from time to time) (the “Fund/SERV Transactions Deadline”) on the Business Day following the Trade Date. All such aggregated orders communicated to the Fund or its designee by the Fund/SERV Transactions Deadline on the Business Day following the Trade Date shall be treated by the Fund or its designee as if received prior to the Close of Trading on the Trade Date. All orders received by the Company after the Close of Trading on a Business Day shall not be aggregated with Orders received by the Company prior to the Close of Trading on such Business Day and shall be communicated to BRIL or its designee as part of an aggregated order no sooner than after the FUND/SERV Transactions Deadline or such other time as may be agreed by the parties from time to time) the following Business Day. Cash settlement shall be transmitted pursuant to the normal NSCC settlement process. In the case of delayed settlement, the Fund or its designee shall make arrangements for the settlement of redemptions by wire no later than the time permitted for settlement of redemption orders by the 1940 Act. Unless otherwise informed in writing, such redemption wires should be sent to an account specified by the Company and agreed to by Fund Parties.

  • Interested Party Transactions 26 2.19 Insurance............................................................... 26

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