Common use of Transaction Approval or Denial Clause in Contracts

Transaction Approval or Denial. It is understood that participating Financial Institutions have sole discretion to give approval or denial to Transactions requested by Franchisee and a Cardholder. Franchisee agrees to draw no positive or negative inference about a Cardholder from a participating Financial Institution's approval or denial.

Appears in 6 contracts

Sources: Contract Dealer Gasoline Agreement (Discovery Investments Inc), Contract Dealer Gasoline Agreement (Discovery Investments Inc), Contract Dealer Gasoline Agreement (Discovery Investments Inc)