SUM Selective Surcharging Program Clause Samples

SUM Selective Surcharging Program. The Rules authorize Participants to enter into an agreement pursuant to which the Participant agrees to exempt Surcharge Eligible Transactions performed by cardholders of other parties to the agreement from Surcharges at each other’s ATM Terminals. Program Member has elected to become a member of the selective surcharging program administered by NYCE (the “SUM Program”). Capitalized terms used in this Section 3.1 and not otherwise defined herein or in the Rules shall have the meaning set forth in the NYCE Network Selective Surcharging Program Rules, as they may be amended or modified from time to time (the “SUM Program Rules”).