Retailer Presentment Warranties Sample Clauses

Retailer Presentment Warranties. Retailer represents and warrants as follows with respect to each submission of Charge Transaction Data to Bank and each underlying transaction;
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Retailer Presentment Warranties. (a) The Credit Slip represents a bona fide sale by Retailer of Goods and/or Services described in such Credit Slip, the Credit Slip has not been included in any Transaction Record previously transmitted to Bank, and Retailer has delivered or shipped or performed, as applicable, all of the Goods and/or Services listed on such Credit Slip (except to the extent that any of following will be subsequently delivered or performed, including (i) Goods and/or Services purchased by telephone or Internet, and (ii) Merchandise retained by Retailer for repair or warranty services).

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