Common use of MAIN OBLIGATIONS Clause in Contracts

MAIN OBLIGATIONS. 4.1. You must comply with: 4.1.1. all Applicable Law, including those requirements that apply to the sale of goods and/or services by You; 4.1.2. the Payment Network Rules (as applicable to any Access Payment Product and/or the Services We are providing to You); 4.1.3. any Operating Instructions which We provide to You; 4.1.4. all Applicable Law in respect of all Sanctions and further, You must not submit any payment via any of the Services which relates in any way to a Restricted Person; 4.1.5. Your constitutional or other governing documents (e.g. rules, partnership agreement, or trust deed); and 4.1.6. all certificates, licences, registrations and authorisations required for the operation of Your business, and, to the extent applicable, You must not do anything which would put Us in breach of any of the above laws, rules and regulations. 4.2. Unless otherwise agreed in writing with Us, You are responsible (at Your own cost) for the provision of all equipment, software, systems and telecommunications facilities which are necessary to enable You to receive the Access Payment Product or Services. You are also responsible for any systems integration costs to enable You to receive the Access Payment Product or Services. 4.3. You must only submit, to Us, or via an Access Payment Product, payment data and/or payment instructions directly from Your own personnel and systems. 4.4. You must give Us: 4.4.1. any information or documents You have (or under Your control) which We need to comply with any court order or any other mandatory or statutory request served on Us under any Applicable Law and/or the Payment Network Rules which apply and relate to any part of this Agreement or the Services; and/or 4.4.2. any financial and other information about You and Your business that We request so We can assess Our risk. This information may include Your financial accounts (including any relevant management or audited accounts), You due diligence information and any other information We believe may help Us to assess any risks to Us or to otherwise comply with Our legal and regulatory obligations or with the Payment Network Rules. 4.5. We will comply with: 4.5.1. all Applicable Laws, including those requirements that apply to the sale of goods and/or services by Us; 4.5.2. the Payment Network Rules (as applicable to any Access Payment Product and/or the Services We are providing to You); 4.5.3. all Applicable Law in respect of all Sanctions 4.5.4. all certificates, licences, registrations and authorisations required for the operation of our business, and, to the extent applicable, we will not do anything which would put Us in breach of any of the above laws, rules and regulations.

Appears in 5 contracts

Samples: Framework Agreement, Framework Agreement, Access Payment Products Standard Terms and Conditions

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MAIN OBLIGATIONS. 4.1. You must comply with: 4.1.1. all Applicable Law, including those requirements req uirements that apply to the sale of goods and/or services by You; 4.1.2. the Payment Network Rules (as applicable to any Access Payment Product and/or the Services We are providing to You); 4.1.3. any Operating Instructions which We provide to You; 4.1.4. all Applicable Law in respect of all Sanctions and further, You must not submit Youmust notsubmit any payment via any of the Services which relates in any way to a Restricted Person; 4.1.5. Your constitutional or other governing documents (e.g. rules, partnership agreement, or trust deed); and 4.1.6. all certificates, licences, registrations and authorisations required req uired for the operation of Your business, and, to the extent applicable, You must not do anything which would put Us in breach of any of the above laws, rules and regulationsreg ulations. 4.2. Unless otherwise agreed in writing with Us, You are responsible (at Your own cost) for the provision of all equipmenteq uipment, software, systems and telecommunications facilities which are necessary to enable en able You to receive the Access Payment Product or Services. You are also responsible for any systems integration costs to enable en able You to receive the Access Payment Product or Services. 4.3. You must only submit, to Us, or via an Access Payment Product, payment data and/or an d/or payment instructions directly from Your own Yourown personnel and systems. 4.4. You must give Us: 4.4.1. any information or documents You have (or under un der Your control) which We need to comply with any court order or any other mandatory or statutory request served on Us under un der any Applicable Law and/or an d/or the Payment Network Rules which apply and relate to any part of this Agreement or the Services; and/or 4.4.2. any financial and other information about You and Your business that We request req uest so We can assess Our risk. This information may include Your financial accounts (including any relevant management or audited accounts), You due diligence information and any other information We believe may help Us to assess any risks to Us or to otherwise comply with Our legal and regulatory obligations or with the Payment Network Rules. 4.5. We will comply with: 4.5.1. all Applicable Laws, including those requirements req uirements that apply to the sale of goods and/or services by Us; 4.5.2. the Payment Network Rules (as applicable to any Access Payment Product and/or the Services We are providing to You); 4.5.3. all Applicable Law in respect of all Sanctions 4.5.4. all certificates, licences, registrations and authorisations required for the operation of our business, andan d, to the extent applicable, we will not do anything which would put Us in breach of any of the above laws, rules and regulationsreg ulations.

Appears in 1 contract

Samples: Access Payment Products Agreement

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