Common use of Re-Validation Clause in Contracts

Re-Validation. You must maintain a current, successfully completed SAQ and timely pass quarterly Scans, if applicable, in order to take full advantage of the PCI Program. A SAQ is no longer current if the Certificate of Validation issued by us to you is more than one (1) year old. You are also required to re-validate by completing a new SAQ and passing Scans, if applicable, when you make a change in your processing environment or if you fail to timely complete a required quarterly Scan. 1. A change in your processing environment requiring re-validation occurs when you transition from one card-processing environment to another such that your SAQ Classification changes, necessitating re-validation under a new SAQ. With respect to a revalidation required due to a change in your processing environment, you must complete the re-validation process within twenty-four (24) hours of such change in order to maintain your validation of compliance with the PCI DSS. 2. With respect to a re-validation required due to your failure to complete a required quarterly Scan, we will deem your failure to complete a Scan within ten (10) days of the end of the preceding quarter to require re-validation under the PCI Compliance Validation Process, in order to maintain your validation of compliance with the PCI DSS. 3. With respect to a re-validation required due to the expiration of the annual SAQ or any other reason for which Re-Validation is required, you will have five (5) days to complete the PCI Compliance Validation Process, in order to maintain your validation of compliance with the PCI DSS. Once you have successfully completed the re-validation of your PCI DSS compliance, we will issue you a new Certificate of Validation for the current validation period.

Appears in 14 contracts

Samples: Merchant Processing Agreement, Merchant Processing Agreement, Merchant Processing Agreement

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Re-Validation. You must maintain a current, successfully completed SAQ and timely pass quarterly Scansvulnerability scans, if applicable, in order to take full advantage of the PCI Program. A SAQ is no longer current if the Certificate of Validation issued by us NPC to you is more than one (1) year old. You are also required to re-validate by completing a new SAQ and passing Scansvulnerability scans, if applicable, when you make a change in your processing environment or if you fail to timely complete a required quarterly Scanscan. 1. A change in your processing environment requiring re-re- validation occurs when you transition from one card-card- processing environment to another such that your SAQ Classification changes, necessitating re-validation under a new SAQ. With respect to a revalidation required due to a change in your processing environment, you must complete the re-re- validation process within twenty-four (24) hours of such change in order to maintain your validation of compliance with the PCI DSS. 2. With respect to a re-validation required due to your failure to complete a required quarterly Scan, we NPC will deem your failure to complete a Scan within ten (10) days of the end of the preceding quarter to require re-validation under the PCI Compliance Validation Process, in order to maintain your validation of compliance with the PCI DSS. 3. With respect to a re-validation required due to the expiration of the annual SAQ or any other reason for which Re-Validation is required, you will have five (5) days to complete the PCI Compliance Validation Process, in order to maintain your validation of compliance with the PCI DSS. Once you have successfully completed the re-validation of your PCI DSS compliance, we NPC will issue you a new Certificate of Validation for the current validation period.

Appears in 1 contract

Samples: Merchant Processing Agreement

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Re-Validation. You must maintain a current, successfully completed SAQ and timely pass quarterly Scansvulnerability scans, if applicable, in order to take full advantage of the PCI Program. A SAQ is no longer current if the Certificate of Validation issued by us NPC to you is more than one (1) year old. You are also required to re-re- validate by completing a new SAQ and passing Scansvulnerability scans, if applicable, when you make a change in your processing environment or if you fail to timely complete a required quarterly Scanscan. 1. A change in your processing environment requiring re-re- validation occurs when you transition from one card-processing environment to another such that your SAQ Classification changes, necessitating re-validation under a new SAQ. With respect to a revalidation required due to a change in your processing environment, you must complete the re-validation process within twenty-four (24) hours of such change in order to maintain your validation of compliance with the PCI DSS. 2. With respect to a re-validation required due to your failure to complete a required quarterly Scan, we NPC will deem your failure to complete a Scan within ten (10) days of the end of the preceding quarter to require re-validation under the PCI Compliance Validation Process, in order to maintain your validation of compliance with the PCI DSS. 3. With respect to a re-validation required due to the expiration of the annual SAQ or any other reason for which Re-Validation is required, you will have five (5) days to complete the PCI Compliance Validation Process, in order to maintain your validation of compliance with the PCI DSS. Once you have successfully completed the re-validation of your PCI DSS compliance, we NPC will issue you a new Certificate of Validation for the current validation period.

Appears in 1 contract

Samples: Merchant Processing Agreement

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