Common use of Restoration of the Deposit in Deposit Clause in Contracts

Restoration of the Deposit in Deposit. (1) When any debit of the amount in deposit from the Deposit Account is made by a Debit Card Transaction, you shall have no right to demand that any third party other than the Merchant (including the specified successor of the Merchant and the Bank) pay the amount of cash equal to the amount in deposit so debited or demand that the Bank restore the amount in deposit so debited to the original condition, even if the Debit Card Transaction Agreement is terminated (including termination by agreement) or lawfully ceases to be effective by cancellation or otherwise (including the cancellation of the Debit Card Transaction Agreement together with the cancellation of the underlying purchase and sale transaction). (2) Notwithstanding the provision of the foregoing Paragraph, the Bank shall restore the amount in deposit once debited to the original condition, only if you bring the Card and such personal identification material that the Merchant deems necessary to the Merchant at which you have entered into the Debit Card Transaction, and request via the Merchant that the Bank restore the amount in deposit once withdrawn to the original condition, and then the Merchant sends an electronic message of cancellation to the Bank through the Terminal, and the Bank receives such electronic message on the same date as that on which the underlying Debit Card Transaction Agreement has been successfully concluded. When you request through the Merchant that the Bank restore the amount in deposit so debited to the original condition , please cause the Terminal to read the Card or deliver the Card to the Merchant to cause it to be read by the Terminal. If you cannot send an electronic message of cancellation through the Terminal, you cannot restore the deposit so debited. (3) If your amount in deposit once debited cannot be restored to the original condition pursuant to Paragraph (1) or the immediately preceding Paragraph, please settle the issue with the Merchant by receiving a refund from the Merchant or otherwise. (4) Paragraphs (1) through (3) shall also apply to the case where the Debit Card Transaction Agreement has been successfully concluded as a result that you have input the personal identification number into the Terminal, ignoring any erroneous input of the amount or other data in the Debit Card Transaction.

Appears in 9 contracts

Samples: Customer Agreement, Customer Agreement, Customer Agreement

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Restoration of the Deposit in Deposit. (1) When any debit of the amount in deposit from the Deposit Account is made by a Debit Card Transaction, you shall have no right to demand that any third party other than the Merchant (including the specified successor of the Merchant and the Bank) pay the amount of cash equal to the amount in deposit so debited or demand that the Bank restore the amount in deposit so debited to the original condition, even if the Debit Card Transaction Agreement is terminated (including termination by agreement) or lawfully ceases to be effective by cancellation or otherwise (including the cancellation of the Debit Card Transaction Agreement together with the due to cancellation of the underlying purchase and sale transaction). (2) Notwithstanding the provision of the foregoing Paragraph, the Bank shall restore the amount in deposit once debited to the original condition, only if you bring the Card and such personal identification material that the Merchant deems necessary to the Merchant at which you have entered into the Debit Card Transaction, and request via the Merchant that the Bank restore the amount in deposit once withdrawn to the original condition, and then the Merchant sends an electronic message of cancellation to the Bank through the Terminal, and the Bank receives such electronic message on the same date as that on which the underlying Debit Card Transaction Agreement has been successfully concluded. When you request through the Merchant that the Bank restore the amount in deposit so debited to the original condition , please cause the Terminal to read the Card or deliver the Card to the Merchant to cause it to be read by the Terminal. If you cannot send an electronic message of cancellation through the Terminal, you cannot restore the deposit so debited. (3) If your amount in deposit once debited cannot be restored to the original condition pursuant to Paragraph (1) or the immediately preceding Paragraph, please settle the issue with the Merchant by receiving a refund from the Merchant or otherwise. (4) Paragraphs (1) through (3) of this Article shall also apply to the case where the Debit Card Transaction Agreement has been successfully concluded as a result that you have input the personal identification number into the Terminal, ignoring any erroneous input of the amount or other data in the Debit Card Transaction.

Appears in 1 contract

Samples: Customer Agreement

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