Common use of Reversals Clause in Contracts

Reversals. If you receive a payment in your account, you owe us the full amount of the payment and our losses arising from processing the payment. This can include our liability (including any fees, charges and penalties) towards any third party (including the payer and the payer’s funding source provider). A reversal happens when we exercise our right to set off the above amounts from your account under the section Reimbursement for your liability in this user agreement. If your PayPal balance for a particular currency is insufficient to cover the amount you owe us in that currency, we may perform a currency conversion from any PayPal balance in another currency to cover the shortfall and you will be charged for the currency conversion. This means that, for example, if you are a seller, amounts of payments received in your account may be removed from your account after you have delivered any goods or services sold. A reversal can happen when: • we reimburse the payer in respect of a PayPal Buyer Protection claim the payer made against you. • we compensate the payer or the payer’s funding source provider (or both) because we receive a claim from the payer or their funding source provider for the payment amount under the reversal process used by that funding source provider. For instance: • if the payer used a card to fund the payment to you the payer could pursue a

Appears in 12 contracts

Samples: User Agreement, User Agreement, User Agreement

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Reversals. If you receive a payment in your account, you owe us the full amount of the payment and our losses arising from processing the payment. This can include our liability (including any fees, charges and penalties) towards any third party (including the payer and the payer’s funding source provider). A reversal happens when we exercise our right to set off the above amounts from your account under the section Reimbursement for your liability in this user agreement. If your PayPal balance for a particular currency is insufficient to cover the amount you owe us in that currency, we may perform a currency conversion from any PayPal balance in another currency to cover the shortfall and you will be charged for the currency conversion. This means that, for example, if you are a seller, amounts of payments received in your account may be removed from your account after you have delivered any goods or services sold. A reversal can happen when: we reimburse the payer in respect of a PayPal Buyer Protection claim the payer made against you. we compensate the payer or the payer’s funding source provider (or both) because we receive a claim from the payer or their funding source provider for the payment amount under the reversal process used by that funding source provider. For instance: if the payer used a card to fund the payment to you the payer could pursue a

Appears in 6 contracts

Samples: User Agreement, User Agreement, User Agreement

Reversals. If you receive a payment in your account, you owe us the full amount of the payment and our losses arising from processing the payment. This can include our liability (including any fees, charges and penalties) towards any third party (including the payer and the payer’s funding source provider). A reversal happens when we exercise our right to set off the above amounts from your account under the section Reimbursement for your liability in this user agreement. If your PayPal balance for a particular currency is insufficient to cover the amount you owe us in that currency, we may perform a currency conversion from any PayPal balance in another currency to cover the shortfall and you will be charged for the currency conversion. This means that, for example, if you are a seller, amounts of payments received in your account may be removed from your account after you have delivered any goods or services sold. A reversal can happen when: • we reimburse the payer in respect of a PayPal Buyer Protection claim the payer made against you. • we compensate the payer or the payer’s funding source provider (or both) because we receive a claim from the payer or their funding source provider for the payment amount under the reversal process used by that funding source provider. For instance: • if the payer used a card to fund the payment to you the payer could pursue aa “chargeback” with the card issuer. The card issuer, not us, determines whether the payer is successful when they pursue a chargeback. You can find out more about chargebacks by reviewing our Chargeback Guide, accessible via the

Appears in 3 contracts

Samples: User Agreement, User Agreement, User Agreement

Reversals. If you receive a payment in your account, you owe us the full amount of the payment and our losses arising from processing the payment. This can include our liability (including any fees, charges and penalties) towards any third party (including the payer and the payer’s funding source provider). A reversal happens when we exercise our right to set off the above amounts from your account under the section Reimbursement for your liability in this user agreement. If your PayPal balance for a particular currency is insufficient to cover the amount you owe us in that currency, we may perform a currency conversion from any PayPal balance in another currency to cover the shortfall and you will be charged for the currency conversion. This means that, for example, if you are a seller, amounts of payments received in your account may be removed from your account after you have delivered any goods or services sold. A reversal can happen when: • we reimburse the payer in respect of a PayPal Buyer Protection claim the payer made against you. • we compensate the payer or the payer’s funding source provider (or both) because we receive a claim from the payer or their funding source provider for the payment amount under the reversal process used by that funding source provider. For instance: • if the payer used a card to fund the payment to you the payer could pursue a:

Appears in 2 contracts

Samples: User Agreement, User Agreement

Reversals. If you receive a payment in your account, you owe us the full amount of the payment and our losses arising from processing the payment. This can include our liability (including any fees, charges and penalties) towards any third party (including the payer and the payer’s funding source provider). A reversal happens when we exercise our right to set off the above amounts from your account under the section Reimbursement for your liability in this user agreement. If your PayPal balance for a particular currency is insufficient to cover the amount you owe us in that currency, we may perform a currency conversion from any PayPal balance in another currency to cover the shortfall and you will be charged for the currency conversion. This means that, for example, if you are a seller, amounts of payments received in your account may be removed from your account after you have delivered any goods or services sold. A reversal can happen when: • we We reimburse the payer in respect of a PayPal Buyer Protection claim the payer made against you. • we We compensate the payer or the payer’s funding source provider (or both) because we receive a claim from the payer or their funding source provider for the payment amount under the reversal process used by that funding source provider. For instance: • if If the payer used a card to fund the payment to you the payer could pursue aa “chargeback” with the card issuer. The card issuer, not us, determines whether the payer is successful when they pursue a chargeback. You can find out more about chargebacks by reviewing our

Appears in 2 contracts

Samples: User Agreement, User Agreement

Reversals. If you receive a payment in your account, you owe us the full amount of the payment and our losses arising from processing the payment. This can include our liability (including any fees, charges and penalties) towards any third party (including the payer and the payer’s funding source provider). A reversal happens when we exercise our right to set off the above amounts from your account under the section Reimbursement for your liability in this user agreement. If your PayPal balance for a particular currency is insufficient to cover the amount you owe us in that currency, we may perform a currency conversion from any PayPal balance in another currency to cover the shortfall and you will be charged for the currency conversion. This means that, for example, if you are a seller, amounts of payments received in your account may be removed from your account after you have delivered any goods or services sold. A reversal can happen when: we reimburse the payer in respect of a PayPal Buyer Protection claim the payer made against you. we compensate the payer or the payer’s funding source provider (or both) because we receive a claim from the payer or their funding source provider for the payment amount under the reversal process used by that funding source provider. For instance: • if the payer used a card to fund the payment to you the payer could pursue a:

Appears in 1 contract

Samples: User Agreement

Reversals. If you receive a payment in your account, you owe us the full amount of the payment and our losses arising from processing the payment. This can include our liability (including any fees, charges and penalties) towards any third party (including the payer and the payer’s funding source provider). A reversal happens when we exercise our right to set off the above amounts from your account under the section Reimbursement for your liability in this user agreement. If your PayPal balance for a particular currency is insufficient to cover the amount you owe us in that currency, we may perform a currency conversion from any PayPal balance in another currency to cover the shortfall and you will be charged for the currency conversion. This means that, for example, if you are a seller, amounts of payments received in your account may be removed from your account after you have delivered any goods or services sold. A reversal can happen when: • we We reimburse the payer in respect of a PayPal Buyer Protection claim the payer made against you. • we We compensate the payer or the payer’s funding source provider (or both) because we receive a claim from the payer or their funding source provider for the payment amount under the reversal process used by that funding source provider. For instance: • if If the payer used a card to fund the payment to you the payer could pursue aa “chargeback” with the card issuer. The card issuer, not us, determines whether the payer is successful when they pursue a chargeback. You can find out more about chargebacks by reviewing our Chargeback Guide,

Appears in 1 contract

Samples: User Agreement

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Reversals. If you receive a payment in your account, you owe us the full amount of the payment and our losses arising from processing the payment. This can include our liability (including any fees, charges and penalties) towards any third party (including the payer and the payer’s funding source provider). A reversal happens when we exercise our right to set off the above amounts from your account under the section Reimbursement for your liability in this user agreementUser Agreement. If your PayPal balance for a particular currency is insufficient to cover the amount you owe us in that currency, we may perform a currency conversion from any PayPal balance in another currency to cover the shortfall and you will be charged for the currency conversion. This means that, for example, if you are a seller, amounts of payments received in your account may be removed from your account after you have delivered any goods or services sold. A reversal can happen when: we reimburse the payer in respect of a PayPal Buyer Protection claim the payer made against you. we compensate the payer or the payer’s funding source provider (or both) because we receive a claim from the payer or their funding source provider for the payment amount under the reversal process used by that funding source provider. For instance: if the payer used a card to fund the payment to you the payer could pursue a

Appears in 1 contract

Samples: User Agreement

Reversals. If you receive a payment in your account, you owe us the full amount of the payment and our losses arising from processing the payment. This can include our liability (including any fees, charges and penalties) towards any third party (including the payer and the payer’s funding source provider). A reversal happens when we exercise our right to set off the above amounts from your account under the section Reimbursement for your liability in this user agreement. If your PayPal balance for a particular currency is insufficient to cover the amount you owe us in that currency, we may perform a currency conversion from any PayPal balance in another currency to cover the shortfall and you will be charged for the currency conversion. This means that, for example, if you are a seller, amounts of payments received in your account may be removed from your account after you have delivered any goods or services sold. A reversal can happen when: • we reimburse the payer in respect of a PayPal Buyer Protection claim the payer made against you. • we compensate the payer or the payer’s funding source provider (or both) because we receive a claim from the payer or their funding source provider for the payment amount under the reversal process used by that funding source provider. For instance: • if the payer used a card to fund the payment to you the payer could pursue aa “chargeback” with the card issuer. The card issuer, not us, determines whether the payer is successful when they pursue a chargeback. You can find out more about chargebacks by reviewing our Chargeback Guide,

Appears in 1 contract

Samples: User Agreement

Reversals. If you receive a payment in your account, you owe us the full amount of the payment and our losses arising from processing the payment. This can include our liability (including any fees, charges and penalties) towards any third party (including the payer and the payer’s funding source provider). A reversal happens when we exercise our right to set off the above amounts from your account under the section Reimbursement for your liability in this user agreementUser Agreement. If your PayPal balance for a particular currency is insufficient to cover the amount you owe us in that currency, we may perform a currency conversion from any PayPal balance in another currency to cover the shortfall and you will be charged for the currency conversion. This means that, for example, if you are a seller, amounts of payments received in your account may be removed from your account after you have delivered any goods or services sold. A reversal can happen when: • we reimburse the payer in respect of a PayPal Buyer Protection claim the payer made against you. • we compensate the payer or the payer’s funding source provider (or both) because we receive a claim from the payer or their funding source provider for the payment amount under the reversal process used by that funding source provider. For instance: • if the payer used a card to fund the payment to you the payer could pursue a

Appears in 1 contract

Samples: User Agreement

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