Network Rules Sample Clauses

Network Rules. Co-Brand Partner understands that FNBO’s ability to offer Cards is based on the consent of the Network. Co-Brand Partner agrees to comply with all Network Rules applicable to the activities contemplated hereunder and such additional requirements as the Network may impose from time to time. In order to assure compliance with such Network Rules, Co-Brand Partner agrees not to produce communications, advertisements, or Promotional Materials regarding Cards without FNBO’s prior written consent, such consent not to be unreasonably withheld, delayed or conditioned.
Network Rules. Each of Bank and Retailer acknowledges and agrees that the Co-brand Program shall be operated in accordance with the Network Rules. If and to the extent any of the terms and conditions contained in this Agreement conflict with such Network Rules, said terms and conditions shall generally be deemed to supersede the Network Rules, as between the parties hereto. If however, compliance with this Agreement would directly conflict with the Network Rules and the conflicting provision has not been worked out between Bank and the Network, the parties will convene and negotiate in good faith among themselves and with the Network to resolve the conflict; provided that if a resolution cannot be reached after a good faith effort, this Agreement shall be deemed modified to the extent necessary to comply with such directly conflicting Network Rules. The parties further acknowledge and agree that, in the event of any such modification, the modified terms of this Agreement shall preserve, to the extent practicable, the rights and obligations of the parties as contemplated by this Agreement. If either party becomes aware of any material inconsistency between the Network Rules and this Agreement, such party shall timely advise the other party of any such inconsistency.
Network Rules. Mastercard and Visa have established guidelines, merchant monitoring programs, and reports to track merchant activity such as excessive credits and chargebacks, and increased deposit activity. In the event you exceed the guidelines or submit suspicious transactions, as identified by a Network or any related program or reports, you may be subject to: (i) incremental chargebacks and/or fees; (ii) settlement delay or withholding; (iii) termination of this CEA;
Network Rules. (a) Company has selected the initial Network for the Co-Brand Program, which is MasterCard, and represents to Bank that the agreement between such Network and Company has a term that is coextensive with the Term of this Agreement (including any Wind Down Period). Any such agreement between Company and the Network will not require or include any reimbursement obligations from Bank to such Network or otherwise alter Bank’s economic relationship with such Network. Company will not change the Network during the Term unless the Network is in breach of any such agreement between such Network and Company. If Company exercises its right to change the Network pursuant to the foregoing sentence, (i) Company will bear [***] in connection with the change, including all of Bank’s [***]; (ii) Company will reimburse Bank for, [***]; and (iii) if the parties hereto have so agreed, they will implement any [***] to the Program [***] the parties have determined are appropriate. The subsequent Network (as permitted herein) will be [***] unless otherwise agreed in writing by Bank. (b) Company and Bank agree that all Co-Brand Credit Cards will be Network-branded cards and that the Co-Brand Program will be operated in accordance with the Network Rules. If compliance with this Agreement would directly conflict with the Network Rules and the conflicting provision has not been resolved between Bank and the Network, this Agreement will be deemed modified to the extent necessary to comply with such directly conflicting Network Rules. In the event of any such modification, the modified terms of this Agreement will preserve, to the extent practicable, the rights and obligations of the parties as contemplated by this Agreement. If either party becomes aware of any material inconsistency between the Network Rules and this Agreement, such party will timely advise the other party of any such inconsistency.
Network Rules. 2.1 The network rules are superior to the provisions in the Agreement. The parties are thus aware of and agree that the cooperation according to the Agreement must always be conducted in accordance with the Network Rules. 2.2 If at any time it should be established that the cooperation is not conducted in accordance with the Network Rules, the Supplier shall immediately inform the Merchant of this, whereby the Parties shall immediately initiate discussions with the aim of reaching an agreement on the effect of the circumstance on the Parties' cooperation. If, during the discussions, the Parties are unable to agree within ten (10) Banking Days calculated from the day the discussions began, each Party has the right to terminate the Agreement with ninety (90) calendar days' notice. 2.3 If a provider of Payment Services, the legal system or another authority complains to the Supplier that the cooperation is not carried out in accordance with the Network Rules and, because of this, requests that the delivery of the Platform must cease or that one or more deficiencies must be remedied within a certain time, the following shall however apply. The respective Party always has (regardless of what the Agreement otherwise stipulates regarding notice periods) the right to terminate the Agreement so that the delivery of the Platform ends the day before the day the deficiency according to the provider of Payment Services, the judiciary or another authority has ordered the Supplier to remedy the deficiency. This means that the Supplier may terminate the Agreement with immediate effect, in such case when it is requested by the provider of Payment Services, the judiciary or another authority and when the Merchant's failure to remedy the deficiency has been determined by the Supplier.
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Network Rules. Company will comply with all rules, requirements, and standards of each of the Networks (together, Network Rules). Company acknowledges receipt of First Data's current payments acceptance guide (Payment Acceptance Guide), which will assist Company with properly accepting and submitting its transactions for processing. Under Network Rules, Company does not own the Card account, Cardholder, personal, or other payment transaction information generated when a payment transaction is processed using the Acquiring Services. Company will not use, retain, disclose, sell, or disseminate any Card or Cardholder information (including, names, addresses, and Card account numbers) obtained in connection with payment transactions except for (1) authorizing, processing, and settling transactions; or (2) resolving chargebacks, retrieval requests, or similar issues related to its transaction. Company will not reproduce electronically captured Cardholder signatures except as requested by First Data or the Networks. A Cardholder is the individual who was issued a Card.
Network Rules. Fleet Owner has received a true, correct and complete copy of the current Voyager Network Rules (as such may be amended or modified from time to time, the “Network Rules”) from Channel Partner. The current version of the Network Rules is available for download at: xxxxxxxxxx.xxx/xxxxxxx-xxxxx. The undersigned, on behalf of the Fleet Owner, represents and warrants that, as of the Effective Date: (i) he or she is authorized by an applicable governing document or other corporate or formation authority to enter into all transactions contemplated by this Fleet Owner Agreement; and (ii) the signatures appearing on all supporting documents of authority are authentic. All capitalized terms used but not defined herein shall have the meanings ascribed to such terms in the Network Rules. • In using the Fleet Card, Fleet Owner agrees to comply with the Network Rules at all times. In addition, Fleet Owner agrees to comply with any supplemental rules or requirements relating to the Fleet Card program issued by Channel Partner from time to time. • Fleet Owner is fully liable to Channel Partner for any acts and omissions of Fleet Owner, its directors, officers, employees, representatives, advisors or any other person to whom a Fleet Card has been provided on behalf of Fleet Owner (such person(s), “Fleet Owner Representatives”) under the Network Rules. • Each of Channel Partner and U.S. Bank shall, separately or jointly, have the right to enforce the Network Rules against Fleet Owner or any Fleet Owner Representative. Fleet Owner shall have no rights to enforce the Network Rules against any of Channel Partner, U.S. Bank or any of their respective affiliates.
Network Rules. Mastercard and Visa have established guidelines, merchant monitoring programs, and reports to track merchant activity such as excessive credits and Chargebacks, and increased deposit activity. In the event you exceed the guidelines or submit suspicious transactions, as identified by a Network or any related program or reports, you may be subject to: (i) incremental Chargebacks and/or fees; (ii) settlement delay or withholding; (iii) termination of this CEA; (iv) audit and imposition of fines; (v) or any other consequences set forth herein. You agree to follow all requirements of this CEA in connection with each Card transaction and to comply with all applicable Network Rules, which rules are located at: xxxxx://xxx.xxxxxxxxxx.xx/content/dam/mccom/global/documents/masterc ard-rules.pdf and xxxxx://xxx.xxxx.xxx/dam/VCOM/download/about- visa/visa-rules-public.pdf
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