Right of Full Recourse. If all the provisions of this Agreement and all of Bank Alfalah Limited’s procedures and rules are satisf ied each time a Cardholder makes a Charge at any of the sales terminals or Merchant Platform setup by the Merchant Establishments or through Automatic Credit Card Billing instruction (Recurring Transaction)/telephone Transaction, Bank Alfalah Limited shall make payment in respect of such charges made at such sales terminals, Merchant Platform or through automatic credit card billing instruction with full recourse to Bank Alfalah Limited. Explanation: 'Full recourse’ in this agreement shall mean that Bank Alfalah Limited shall be entitled to reimbursement from the Merchant Establishment of the charge amount which Bank Alfalah Limited paid to the Merchant Establishment in respect of the charge in question (incurred at the sales terminal, Merchant Platform or through automatic credit card billing instruction) if the Cardmember raises a dispute, defaults or refuses to pay the charge amount to the issuer bank and resultantly Bank Alfalah Limited receives a charge back from the issuer bank, in that case Bank Alfalah Limited shall have the right to offset such charge amount by deducting it from the charge amount due and payable by Bank Alfalah Limited to the Merchant Establishment from time to time in respect of such charges. Bank Alfalah Limited shall have further recourse for any charges as to which Merchant Establishment has not complied with the rules and procedures from time to time in force or conditions stated in this agreement as amended from time to time, notwithstanding the fact that Bank Alfalah Limited had prior notice of such non-compliance at the time Bank Alfalah Limited made payment to the Merchant Establishment. The payment by Bank Alfalah Limited to the Merchant Establishment would not constitute as a waiver of the Merchant Establishment’s obligations under this Agreement. ln addition to the above specific right, Bank Alfalah Limited shall also have other rights to full recourse as specified in this Agreement. Where Bank Alfalah Limited has the right to full recourse, Bank Alfalah Limited may in its so le discretion delay asserting this right during any period in which Bank Alfalah Limited or the Merchant Establishment are attempting to resolve a dispute amicably. Provided however, in no event shall such a delay by Bank Alfalah Limited in asserting of its right to full recourse be construed as a waiver by Bank Alfalah Limited under this agre...
