Common use of Required on all Transactions Clause in Contracts

Required on all Transactions. Xxxxxxxx will obtain prior Authorization for the total amount of a Transaction via electronic terminal, gateway, or other compliant and certified device before completing any Transaction, and Merchant will not process any Transaction that has not been authorized. Merchant will follow all instructions received during the Authorization process. Upon receipt of an Authorization approval Merchant may consummate only the Transaction authorized and must note on the Sales Draft the Authorization number. Where Authorization is obtained, Merchant will be deemed to warrant the true and matching identity of the Cardholder.

Appears in 2 contracts

Samples: Merchant Processing Agreement, Merchant Processing Agreement

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Required on all Transactions. Xxxxxxxx will obtain prior Authorization for the total amount of a Transaction via electronic terminal, gateway, or other compliant and certified device before completing any Transaction, and Merchant will not process any Transaction that has not been authorized. Merchant will follow all instructions received during the Authorization process. Upon receipt of an Authorization approval Merchant may consummate only the Transaction authorized and must note on the Sales Draft the Authorization number. Where Authorization is obtained, Merchant Xxxxxxxx will be deemed to warrant the true and matching identity of the customer as the Cardholder.

Appears in 1 contract

Samples: Merchant Processing Agreement

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Required on all Transactions. Xxxxxxxx will obtain prior Authorization authorization for the total amount of a Transaction transaction via electronic terminal, gateway, gateway or other compliant and certified device before completing any Transactiontransaction, and Merchant will not process any Transaction transaction that has not been authorized. Merchant will follow all instructions received during the Authorization process. Upon receipt of an Authorization approval Merchant may consummate only the Transaction transaction authorized and must note on the Sales Draft the Authorization number. Where Authorization is obtained, Merchant Xxxxxxxx will be deemed to warrant the true and matching identity of the customer as the Cardholder.

Appears in 1 contract

Samples: Merchant Processing Agreement

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