Common use of Representations and Warranties of Merchant Clause in Contracts

Representations and Warranties of Merchant. Merchant represents and warrants the following to TransFirst, its Third-Party Sender, and the ODFI; now and as of the time it initiates each Entry: 8.1.1 As to each Credit Entry submitted by Merchant: (a) Each person shown as the Receiver on an Entry received by TransFirst or its Third-Party Sender from Merchant has authorized the initiation of such Entry and the crediting of its account in the amount and on the Effective Entry Date shown on such Entry; (b) Such authorization is operative at the time of transmittal or crediting by TransFirst or its Third-Party Sender as provided herein; (c) Entries transmitted to TransFirst or its Third-Party Sender by Merchant are limited to those types of credit Entries set forth on the Application and in the Guidelines; (d) The Entry is timely; (e) The Entry is in conformity with the Rules;

Representations and Warranties of Merchant. Merchant represents and warrants the following to TransFirst, its Third-Party Sender, and the ODFI; now and as of the time it initiates each Entry: 8.1.1 As to each Credit Entry submitted by Merchant: : (a) Each person shown as the Receiver on an Entry received by TransFirst or its Third-Party Sender from Merchant has authorized the initiation of such Entry and the crediting of its account in the amount and on the Effective Entry Date shown on such Entry; (b) Such authorization is operative at the time of transmittal or crediting by TransFirst or its Third-Party Sender as provided herein; (c) Entries transmitted to TransFirst or its Third-Party Sender by Merchant are limited to those types of credit Entries set forth on the Application and in the Guidelines; (d) The Entry is timely; (e) The Entry is in conformity with the Rules;