Common use of Liability for Invalidated Payments Clause in Contracts

Liability for Invalidated Payments. When you, Receiving User, receive a payment, you are liable to PayPal for the full amount of the payment sent to you plus any Fees if the payment is later invalidated for any reason. This means that, in addition to any other liability, you, Receiving User, will be responsible for the amount of the payment sent by the sender, plus the applicable Fees listed in the Fees for selling and receiving payments table (and as described in Exhibit A) if you lose a Claim or a Chargeback, or if there is a Reversal of the payment. You agree to allow PayPal to recover any amounts due to PayPal by debiting your balance. If there are insufficient funds in your balance to cover your liability, you must reimburse PayPal through other means. If the sender Paying User of a payment files a Chargeback, the credit card issuer, not PayPal, will determine who wins the Chargeback.

Liability for Invalidated Payments. When you, Receiving User, receive a payment, you are liable to PayPal for the full amount of the payment sent to you plus any Fees if the payment is later invalidated for any reason. This means that, in addition to any other liability, you, Receiving User, will be responsible for the amount of the payment sent by the sender, plus the applicable Fees listed in the Fees for selling and receiving payments table (and as described in Exhibit A) if you lose a Claim or a Chargeback, or if there is a Reversal of the payment. You agree to allow PayPal to recover any amounts due to PayPal by debiting your balance. If there are insufficient funds in your balance to cover your liability, you must reimburse PayPal through other means. If the sender Paying User of a payment files a Chargeback, the credit or debit card issuerissuer (as applicable), not PayPal, will determine who wins the Chargeback.

Liability for Invalidated Payments. When you, Receiving User, receive a payment, you are liable to PayPal for the full amount of the payment sent to you plus any Fees if the payment is later invalidated for any reason. This means that, in addition to any other liability, you, Receiving User, will be responsible for the amount of the payment sent by the sender, plus the applicable Fees listed in the Fees for selling and receiving payments table Exhibit A (and as described in Exhibit AFees) of this Agreement if you lose a Claim or a Chargeback, or if there is a Reversal of the payment. You agree to allow PayPal to recover any amounts due to PayPal by debiting your balance. If there are insufficient funds in your balance to cover your liability, you must reimburse PayPal through other means. If the sender Paying User of a payment files a Chargeback, the credit card issuer, not PayPal, will determine who wins the Chargeback.