The Relationship Between the Merchant and the Cardholder Sample Clauses

The Relationship Between the Merchant and the Cardholder. The Merchant undertakes to receive and process any claims from Cardholders relating to the product/service. Such claims are to be settled directly between the Merchant and the Cardholder, and should not involve Nets. 4.1. Credit a transaction The Merchant must only credit the Cardholder for a transaction for the purpose of voiding a previous Card Payment in whole or in part, e.g. if the customer returns a purchased product. The credit transaction must be identifiable to the original transaction. Credits of purchases made using Payment Cards (previously accepted Card Payment) must always be credited to the Pay- ment Card used for the purchase. The amount credited to the Cardholder must not exceed the total amount of the transac- tion. Credit transactions must be submitted electronically. The Merchant must provide a Receipt for the credit transaction to the Cardholder. Nets will offset the total amount of the credit and any other costs against future settlements to the Merchant, or will prepare an invoice for the Merchant pertaining to the credit. Previously calculated transaction fees will not be refunded in connection with such credits.
Sample 1Sample 2Sample 3
AutoNDA by SimpleDocs
The Relationship Between the Merchant and the Cardholder. The Merchant undertakes to receive and process any claims from Cardholders relating to the product/service. Such claims are to be settled directly between the Merchant and the Cardholder, and should not involve Teller.
Sample 1
The Relationship Between the Merchant and the Cardholder 
Sample 1Sample 2Sample 3See All (5)

Related to The Relationship Between the Merchant and the Cardholder

  • The Merchant (Customer) undertakes to comply with all the terms and conditions of this contract and all laws relevant to the subject matter of this contract.

  • RELATIONSHIP BETWEEN THE PARTIES A Party is not by virtue of this Agreement the employee, agent or partner of the other Party and is not authorised to bind or represent the other Party.

  • Exclusive Relationship USER shall not offer or sell a product or service with the same or similar services as those provided within the COMPANY Program with another entity other than COMPANY in its offices where the COMPANY Product is provided pursuant to this Agreement.

  • Relationship Between Parties Each party will be deemed to represent to the other party on the date on which it enters into a Transaction that (absent a written agreement between the parties that expressly imposes affirmative obligations to the contrary for that Transaction):

  • Your Rights If You Are Dissatisfied With Your Credit Card Purchases If you are dissatisfied with the goods or services that you have purchased with your credit card, and you have tried in good faith to correct the problem with the merchant, you may have the right not to pay the remaining amount due on the purchase. To use this right, all of the following must be true:

  • Merchant has the power and authority to authorize the automatic funds transfer provided for in the Merchant Agreement;

  • No Contractual Relationship Between Subservicers and the Trustee Any subservicing arrangement that may be entered into and any other transactions or services relating to the Mortgage Loans involving a Subservicer in its capacity as such and not as an originator shall be deemed to be solely between the Subservicer and the Master Servicer alone, and the Trustee and Certificateholders shall not be deemed parties thereto and shall have no claims, rights, obligations, duties, or liabilities with respect to the Subservicer in its capacity as such except as set forth in Section 3.05.

  • No Contractual Relationship Between Sub Servicer, Trustee or the Certificateholders. Any Sub-Servicing Agreement and any other transactions or services relating to the Mortgage Loans involving a Sub-Servicer shall be deemed to be between the Sub-Servicer and the Servicer alone and the Trustee and the Certificateholders shall not be deemed parties thereto and shall have no claims, rights, obligations, duties or liabilities with respect to any Sub-Servicer except as set forth in Section 3.05.

  • Customer Relationships The Executive understands and acknowledges that the Company has expended significant resources over many years to identify, develop, and maintain its clients. The Executive additionally acknowledges that the Company’s clients have had continuous and long-standing relationships with the Company and that, as a result of these close, long-term relationships, the Company possesses significant knowledge of and confidential information about its clients and their needs. Finally, the Executive acknowledges the Executive’s association and contact with these clients is derived solely from Executive’s employment with the Company. The Executive further acknowledges that the Company does business throughout the United States and that the Executive personally has significant contact with the Company’s clients and customers solely as a result of Executive’s relationship with the Company.

  • EMPLOYMENT RELATIONSHIP PROBLEMS What is an Employment Relationship Problem?

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!