Common use of No Completion of Recurring Transactions Clause in Contracts

No Completion of Recurring Transactions. Merchant must not complete a Recurring Transaction after receiving: (i) cancellation from the Cardholder; (ii) notice from Acquirer or BlueSnap that Merchant may no longer process Recurring Transactions for the relevant Cards; or (iii) advice that the Card is not to be honored.

No Completion of Recurring Transactions. Merchant Xxxxxxxx must not complete a Recurring Transaction recurring transaction after receiving: (i) cancellation from the Cardholder; (ii) notice from Acquirer or BlueSnap that Merchant may no longer process Recurring Transactions recurring transactions for the relevant Cards; or (iii) advice that the Card is not to be honored.