Common use of NOTICE OF ERRONEOUS OR UNAUTHORIZED TRANSFERS Clause in Contracts

NOTICE OF ERRONEOUS OR UNAUTHORIZED TRANSFERS. Reports regarding Transaction processing are available for Merchant to access through its online Merchant portal. It is Merchant’s obligation to regularly and promptly review all Transactions and other communications from FORTE and to promptly notify FORTE upon discovery of any and all discrepancies between Merchant’s records and those provided by FORTE, Acquirer, Payment Network or financial institution. It is Merchant’s responsibility to timely notify FORTE of any transfer that Merchant believes was made without proper authorization or in error. Merchant agrees to provide FORTE with written notice of any discrepancy or failure immediately upon discovery, not to exceed five (5) business days. Failure to so provide notice of such erroneous or unauthorized Transaction shall be deemed an acceptance by Merchant and a waiver of any and all rights to dispute such failure or error. FORTE shall bear no liability and have no obligations to correct any errors resulting from Merchant’s failure to comply with the duties and obligations stated herein.

Appears in 6 contracts

Samples: Merchant Services Agreement, Merchant Services Agreement, Merchant Services Agreement

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NOTICE OF ERRONEOUS OR UNAUTHORIZED TRANSFERS. Reports regarding Transaction processing are available for Merchant to access through its online Merchant portal. It is MerchantXxxxxxxx’s obligation to regularly and promptly review all Transactions and other communications from FORTE and to promptly notify FORTE upon discovery of any and all discrepancies between MerchantXxxxxxxx’s records and those provided by FORTE, Acquirer, Payment Network or financial institution. It is MerchantXxxxxxxx’s responsibility to timely notify FORTE of any transfer that Merchant Xxxxxxxx believes was made without proper authorization or in error. Merchant Xxxxxxxx agrees to provide FORTE with written notice of any discrepancy or failure immediately upon discovery, not to exceed five (5) business days. Failure to so provide notice of such erroneous or unauthorized Transaction shall be deemed an acceptance by Merchant and a waiver of any and all rights to dispute such failure or error. FORTE shall bear no liability and have no obligations to correct any errors resulting from MerchantXxxxxxxx’s failure to comply with the duties and obligations stated herein.

Appears in 3 contracts

Samples: Merchant Services Agreement, Merchant Services Agreement, Merchant Services Agreement

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NOTICE OF ERRONEOUS OR UNAUTHORIZED TRANSFERS. Reports regarding Transaction processing are available for Merchant to access through its online Merchant portal. It is MerchantXxxxxxxx’s obligation to regularly and promptly review all Transactions and other communications from FORTE and to promptly notify FORTE upon discovery of any and all discrepancies between MerchantXxxxxxxx’s records and those provided by FORTE, Acquirer, Payment Network or financial institution. It is MerchantXxxxxxxx’s responsibility to timely notify FORTE of any transfer of funds that Merchant Xxxxxxxx believes was made without proper authorization or in error. Merchant Xxxxxxxx agrees to provide FORTE with written notice of any discrepancy or failure immediately upon discovery, not to exceed five (5) business days. Failure to so provide notice of such erroneous or unauthorized Transaction shall be deemed an acceptance by Merchant and a waiver of any and all rights to dispute such failure or error. FORTE shall bear no liability and have no obligations to correct any errors resulting from MerchantXxxxxxxx’s failure to comply with the duties and obligations stated herein.

Appears in 1 contract

Samples: Merchant Services Agreement

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