POS Terminal safety Terms and Condition Sample Clauses

POS Terminal safety Terms and Condition a) It is the sole responsibility of Merchant Establishment to take complete care of POS terminal(s) deployed in ‘Merchant Establishment’ b) Merchant Establishment is liable to return all related hardware components of POS Terminal while returning POS terminal to Bank Alfalah Limited. Any associated loss to components will be borne by “Merchant Establishment”. c) Merchant Establishment will have to bear the cost of any damage caused to the POS Terminal(s) or Hardware components under its premises due to its negligence. d) Merchant Establishment shall notify the Bank Alfalah Limited with complete responsibility of any damage caused to the POS Terminal. e) Any miscommunication by Merchant Establishment with the Bank Alfalah Limited shall constitute breach of obligations of Merchant Establishment for which the Merchant Establishment shall be liable to make good the loss, if any, incurred or suffered by Bank Alfalah Limited due to such miscommunication f) Merchant Establishment shall immediately notify Bank Alfalah Limited with complete responsibility if the POS Terminal is malfunctioning. In case of loss, misappropriation, or theft of POS Terminal, Merchant Establishment shall immediately submit copy of FIR or police report as required by Bank Alfalah Limited and shall also be liable to make good the loss suffered by Bank Alfalah Limited in this respect
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