Other Obligations of Company as Merchant Clause Samples
The "Other Obligations of Company as Merchant" clause defines additional responsibilities that the company must fulfill in its role as a merchant under the agreement. These obligations may include maintaining necessary licenses, complying with applicable laws, providing accurate information, or ensuring proper handling of customer transactions. By outlining these specific duties, the clause ensures that the company upholds standards required for lawful and effective operation, thereby reducing the risk of non-compliance and protecting both parties' interests.
Other Obligations of Company as Merchant. In addition to its other obligations set forth in this Agreement, Company shall:
(a) solicit Credit Card Applications, deliver Solicitation Materials and process Credit Card Applications in accordance with this Agreement; provided, however, that this provision shall not apply to Incidental Company Channels except at Company’s option;
(b) use commercially reasonable efforts to accept Credit Cards in Company Channels; provided, however, that this provision shall not apply to Incidental Company Channels except at Company’s option; and
(c) provide training to its employees as appropriate to facilitate Company’s performance of its obligations pursuant to this Agreement.
Other Obligations of Company as Merchant. In addition to its other obligations set forth in this Agreement, Company shall: (a) solicit Credit Card Applications in Company Channels in effect prior to the Effective Date or designated by Company following the Effective Date, and deliver Solicitation * 52 Materials and any notices and disclosures required to comply with Applicable Law and the Servicing practices to be delivered in connection with such solicitation, and process Credit Card Applications in accordance with this Agreement; provided, however, that Company shall not be entitled to solicit Credit Card Applications in any Company Channel of a type solely referred to in clause (iii) of the definition thereof without consent of Bank (which consent shall not be unreasonably withheld and shall not be withheld with respect to any Company Channel where the Nordstrom Good and/or Services offered therein are similar to the Nordstrom Goods and/or Services offered in Company Channels prior to the Effective Date); (b) use commercially reasonable efforts to accept Company Credit Cards in Company Channels in the United States; provided, however, that this provision shall not apply to Incidental Company Channels except at Company’s option; (c) provide training to its employees in accordance with the Compliance Management Programs to facilitate Company’s performance of its obligations pursuant to this Agreement; and (d) maintain at its own expense POS terminals in each Store that are capable of processing Company Transactions.