Multiple Transaction Records Sample Clauses

Multiple Transaction Records. Merchant shall not prepare more than one Sales Draft for a single sale or for a single item and shall include all items or goods and services purchased in a single Transaction in the total amount on a single Sales Draft except: (i) for purchases in separate departments of a multiple department store; (ii) for installment payments; or (iii) for delayed or amended charges governed by the Rules for travel and entertainment merchants and transactions.
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Multiple Transaction Records. Partial Consideration. Merchant may not prepare more than one Sales Draft for a single sale or for a single item but will include all items of goods and services purchased in a single Transaction in the total amount on a single Sales Draft except under the following circumstances: (a) for purchases in separate departments of a multiple department store;
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Multiple Transaction Records. Partial Consideration. All products and services purchased in a single transaction must be included in one total amount on a Sales Draft or other Purchase record with these exceptions: (i) If the Purchase record and receipt reflects only the portion of the purchase to be paid by means of a Card; (ii) If Merchant individually bills the products or services in separate Purchases to the same Card, in accordance with the acceptance procedures.
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Multiple Transaction Records. PARTIAL CONSIDERATION Merchant shall include on one transaction record the entire amount due for each transaction, unless: (a) The Cardholder pays the balance of the amount due at the time of transaction in cash, or by check; or (b) All or some goods or services are to be delivered or performed at a later date and Cardholder signs the separate sales drafts, one of which represents a deposit and the second of which represents payments of the balance and the "balance" sales draft is completed only upon delivery of goods or performance of the services. In such case, Merchant agrees: (i) to note on the sales draft the words "deposit" or "balance", as appropriate; and (ii) not to present the "balance" sales draft until all goods are delivered or all services are performed. (c) In accordance with Visa and MasterCard regulations, Merchant shall not divide a single transaction. By way of example only, a single transaction shall not be divided into two (2) or more smaller transactions.
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Related to Multiple Transaction Records

  • Information Exchange As soon as reasonably practicable after the Effective Date, the Parties shall exchange information regarding the design and compatibility of the Interconnection Customer’s Interconnection Facilities and Participating TO’s Interconnection Facilities and compatibility of the Interconnection Facilities with the Participating TO’s Transmission System, and shall work diligently and in good faith to make any necessary design changes.

  • Non-Arm’s Length Transactions Except as disclosed in the Prospectus and to the Agent, the Corporation does not owe any amount to, nor has the Corporation made any present loans to, or borrowed any amount from or is otherwise indebted to, any officer, director, employee or securityholder of any of them or any person not dealing at “arm's length” (as such term is defined in the Income Tax Act (Canada)) with any of them except for usual employee reimbursements and compensation paid or other advances of funds in the ordinary and normal course of the business of the Corporation. Except usual employee or consulting arrangements made in the ordinary and normal course of business, neither the Corporation is a party to any contract, agreement or understanding with any officer, director, employee or securityholder of any of them or any other person not dealing at arm's length with the Corporation. No officer, director or employee of the Corporation and no person which is an affiliate or associate of any of the foregoing persons, owns, directly or indirectly, any interest (except for shares representing less than 5% of the outstanding shares of any class or series of any publicly traded company) in, or is an officer, director, employee or consultant of, any person which is, or is engaged in, a business competitive with the business of the Corporation which could have a material adverse effect on the ability to properly perform the services to be performed by such person for the Corporation. Except as described in the Prospectus, no officer, director, employee or securityholder of the Corporation has any cause of action or other claim whatsoever against, or owes any amount to, the Corporation except for claims in the ordinary and normal course of the business of the Corporation such as for accrued vacation pay or other amounts or matters which would not be material to the Corporation.

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