Common use of Unacceptable Transactions Clause in Contracts

Unacceptable Transactions. In addition to the restrictions set out above and in any event, the following transactions are unacceptable for Remote Check Deposit (Check 21 Plus) processing, and MERCHANT agrees not to submit any of the following transactions to SPS-EFT for processing: (a) MERCHANT shall not process any checks drawn on the personal checking account of MERCHANT or any of its agents or employees, (b) MERCHANT shall not accept any third party items for Remote Check Deposit (Check 21 Plus) processing or checks made payable to “cash” or “bearer”, (c) MERCHANT shall not submit for processing any transaction representing the financing of an existing obligation whether previously owed to MERCHANT, arising from the dishonor of a check or arising from a credit card, debit card or smart card dispute with the MERCHANT, (d) MERCHANT shall not submit a transaction for processing which represents an attempt to collect a chargeback, (e) MERCHANT shall not submit a check written for goods or services that are not concurrently provided to the customer, including any check given for a service contract, gift certificate, a layaway (except for the final payment) or for a similar transaction, or for goods or services provided to a third party, (f) MERCHANT shall not submit a check which contains erasures, or which is altered, unless the alteration is initialed by the customer at time of presentation, (g) MERCHANT shall not knowingly submit a check on an account which SPS-EFT previously denied authorization. MERCHANT’s submission of any of the above transactions for electronic processing may subject the MERCHANT to immediate suspension or termination, and all funds of MERCHANT, including those in MERCHANT’S account, may be placed on hold. This will also remove the Guarantee coverage from ALL checks.

Unacceptable Transactions. In addition to the any other restrictions set out above and forth in any eventthis Agreement, the following transactions are unacceptable for Remote Check Deposit (Check 21 Plus) electronic processing, and MERCHANT Merchant agrees not to submit any of the following transactions to SPS-EFT for electronic processing: (a) MERCHANT Merchant shall not process any temporary checks or checks that do not have the customer’s current name, address and phone number preprinted on its face, (b) Merchant shall not electronically process any checks drawn on the personal checking account of MERCHANT Merchant or any of its agents or employees, (bc) MERCHANT Merchant shall not accept any third party items for Remote Check Deposit (Check 21 Plus) electronic processing or checks made payable to “cash” or “bearer”, (cd) MERCHANT Merchant shall not accept a traveler’s check, money order, payroll check, counter check or sight draft, (e) Merchant shall not submit for processing any transaction representing the financing of an existing obligation whether previously owed to MERCHANTMerchant, arising from the dishonor of a check or arising from a credit card, debit card or smart card dispute with the MERCHANTMerchant, (df) MERCHANT Merchant shall not submit a transaction for processing which represents an attempt to collect a chargeback, (eg) MERCHANT Merchant shall not submit a check written for goods or services that are not concurrently provided to the customer, including any check given for a service contract, gift certificate, a layaway (except for the final payment) or for a similar transaction, or for goods or services provided to a third party, (fh) MERCHANT Merchant shall not submit a check which contains erasures, or which is altered, unless the alteration is initialed by the customer at time of transaction, or for goods or services provided to a third party, (h) Merchant shall not submit a check which contains erasures, or which is altered, unless the alteration is initialed by the customer at time of presentation, (gi) MERCHANT Merchant shall not knowingly submit a check on an account which SPS-EFT previously denied authorization. MERCHANTMerchant’s submission of any of the above transactions for electronic processing may subject the MERCHANT Merchant to immediate suspension or termination, and all funds of MERCHANTMerchant, including those in MERCHANT’S Merchant’s account, may be placed on hold. This will also remove the Guarantee coverage from ALL checksall checks submitted by Merchant currently in the SPS-EFT system.

Unacceptable Transactions. In addition to the any other restrictions set out above and forth in any eventthis Agreement, the following transactions are unacceptable for Remote Check Deposit (Check 21 Plus) electronic processing, and MERCHANT Merchant agrees not to submit any of the following transactions to SPS-EFT for electronic processing: (a) MERCHANT Merchant shall not process any temporary checks or checks that do not have the customer’s current name, address and phone number preprinted on its face, (b) Merchant shall not electronically process any checks drawn on the personal checking account of MERCHANT Merchant or any of its agents or employees, (bc) MERCHANT Merchant shall not accept any third party items for Remote Check Deposit (Check 21 Plus) electronic processing or checks made payable to “cash” or “bearer”, (cd) MERCHANT Merchant shall not accept a traveler’s check, money order, payroll check, counter check or sight draft, (e) Merchant shall not submit for processing any transaction representing the financing of an existing obligation whether previously owed to MERCHANTMerchant, arising from the dishonor of a check or arising from a credit card, debit card or smart card dispute with the MERCHANTMerchant, (df) MERCHANT Merchant shall not submit a transaction for processing which represents an attempt to collect a chargeback, (eg) MERCHANT Merchant shall not submit a check written for goods or services that are not concurrently provided to the customer, including any check given for a service contract, gift certificate, a layaway (except for the final payment) or for a similar transaction, or for goods or services provided to a third party, (fh) MERCHANT Merchant shall not submit a check which contains erasures, or which is altered, unless the alteration is initialed by the customer at time of transaction, or for goods or services provided to a third party, (h) Merchant shall not submit a check which contains erasures, or which is altered, unless the alteration is initialed by the customer at time of presentation, (gi) MERCHANT Merchant shall not knowingly submit a check on an account which SPS-EFT previously denied authorization. MERCHANTXxxxxxxx’s submission of any of the above transactions for electronic processing may subject the MERCHANT Merchant to immediate suspension or termination, and all funds of MERCHANTMerchant, including those in MERCHANT’S Merchant’s account, may be placed on hold. This will also remove the Guarantee coverage from ALL checksall checks submitted by Merchant currently in the SPS-EFT system.

Unacceptable Transactions. In addition to the restrictions set out above and in any event, the following transactions are unacceptable for Remote Check Deposit (Check 21 Plus) processing, and MERCHANT agrees not to submit any of the following transactions to SPS-EFT for processing: (a) MERCHANT shall not process any checks drawn on the personal checking account of MERCHANT or any of its agents or employees, (b) MERCHANT shall not accept any third party items for Remote Check Deposit (Check 21 Plus) processing or checks made payable to “cash” or “bearer”, (c) MERCHANT shall not submit for processing any transaction representing the financing of an existing obligation whether previously owed to MERCHANT, arising from the dishonor of a check or arising from a credit card, debit card or smart card dispute with the MERCHANT, (d) MERCHANT shall not submit a transaction for processing which represents an attempt to collect a chargeback, (e) MERCHANT shall not submit a check written for goods or services that are not concurrently provided to the customer, including any check given for a service contract, gift certificate, a layaway (except for the final payment) or for a similar transaction, or for goods or services provided to a third party, (f) MERCHANT shall not submit a check which contains erasures, or which is altered, unless the alteration is initialed by the customer at time of presentation, (g) MERCHANT shall not knowingly submit a check on an account which SPS-EFT previously denied authorization. MERCHANTXXXXXXXX’s submission of any of the above transactions for electronic processing may subject the MERCHANT to immediate suspension or termination, and all funds of MERCHANT, including those in MERCHANT’S account, may be placed on hold. This will also remove the Guarantee coverage from ALL checks.

Unacceptable Transactions. In addition to the restrictions set out above and in any event, the following transactions are unacceptable for electronic Remote Check Deposit (Check 21 Plus) processing, and MERCHANT agrees not to submit any of the following transactions to SPSPaya-EFT for electronic processing: (a) MERCHANT shall not process any temporary checks or checks that do not have the customer's current name, address and phone number pre-printed on its face, (b) MERCHANT shall not electronically process any checks drawn on any depository institution that is not federally insured or part of the ACH network, (c) MERCHANT shall not electronically process any checks drawn on the personal checking account of MERCHANT or any of its agents or employees, (bd) MERCHANT shall not accept any third party items for electronic Remote Check Deposit (Check 21 Plus) processing or checks made payable to “"cash” " or “"bearer”", (ce) MERCHANT shall not accept a traveler's check, money order, payroll check, counter check or sight draft, (f) MERCHANT shall not submit for processing any transaction representing the financing of an existing obligation whether previously owed to MERCHANT, arising from the dishonor of a check or arising from a credit card, debit card or smart card dispute with the MERCHANT, (dg) MERCHANT shall not submit a transaction for processing which represents an attempt to collect a chargeback, (ehe) MERCHANT shall not submit a check written for goods or services that are not concurrently provided to the customer, including any check given for a service contract, gift certificate, a layaway (except for the final payment) or for a similar transaction, or for goods or services provided to a third party, (fh) MERCHANT shall not submit a check which contains erasures, or which is altered, unless the alteration is initialed by the customer at time of presentation, (gi) MERCHANT shall not knowingly submit a check on an account which SPSPaya-EFT previously denied authorization. MERCHANT’s XXXXXXXX's submission of any of the above transactions for electronic processing may subject the MERCHANT to immediate suspension or termination, and all funds of MERCHANT, including those in MERCHANT’S 'S account, may be placed on hold. This will also remove Paya-EFT POS the Guarantee Conversion coverage from ALL checks.

Unacceptable Transactions. In addition to the restrictions set out above and in any event, the following transactions are unacceptable for Remote Check Deposit (Check 21 Plus) processing, and MERCHANT agrees not to submit any of the following transactions to SPS-EFT GETI for processing: (a) MERCHANT shall not process any checks drawn on the personal checking account of MERCHANT or any of its agents or employees, (b) MERCHANT shall not accept any third party items for Remote Check Deposit (Check 21 Plus) processing or checks made payable to “cash” or “bearer”, (c) MERCHANT shall not submit for processing any transaction representing the financing of an existing obligation whether previously owed to MERCHANT, arising from the dishonor of a check or arising from a credit card, debit card or smart card dispute with the MERCHANT, (d) MERCHANT shall not submit a transaction for processing which represents an attempt to collect a chargeback, (e) MERCHANT shall not submit a check written for goods or services that are not concurrently provided to the customer, including any check given for a service contract, gift certificate, a layaway (except for the final payment) or for a similar transaction, or for goods or services provided to a third party, (f) MERCHANT shall not submit a check which contains erasures, or which is altered, unless the alteration is initialed by the customer at time of presentation, (g) MERCHANT shall not knowingly submit a check on an account which SPS-EFT GETI previously denied authorization. MERCHANT’s submission of any of the above transactions for electronic processing may subject the MERCHANT to immediate suspension or termination, and all funds of MERCHANT, including those in MERCHANT’S account, may be placed on hold. This will also remove the Guarantee coverage from ALL checks.

Unacceptable Transactions. In addition to the restrictions set out above and in any event, the following transactions are unacceptable for Remote Check Deposit (Check 21 Plus) electronic processing, and . MERCHANT agrees not to submit any of the following transactions to SPSPaya-EFT for electronic processing: ; (a) MERCHANT shall not electronically process any checks ACH Debit/Credit drawn on any depository institution that is not federally insured or part of the ACH network, (b) MERCHANT shall not electronically process any ACH Debit/Credit drawn on the personal checking account of MERCHANT or any of its agents or employees, (bc) MERCHANT shall not accept any third party items for Remote Check Deposit (Check 21 Plus) electronic processing or checks ACH Debit/Credit made payable where the purpose is for the customer to “cash” receive cash or “bearer”cash back, (cd) MERCHANT shall not submit for processing any transaction representing the financing of an existing obligation whether previously owed to MERCHANT, arising from the dishonor of a an ACH Debit, electronic check or arising from a credit card, debit card or smart card dispute with the MERCHANT, (de) MERCHANT shall not submit a transaction for processing which represents an attempt to collect a chargeback, (ef) MERCHANT shall not submit a check an ACH Debit/Credit written for goods or services that are not concurrently provided to the customer, including any check ACH Debit/Credit given for a service contract, gift certificate, a layaway (except for the final payment) or for a similar transaction, or for goods or services provided to a third party, (fg) MERCHANT shall not submit a check which contains erasures, or an ACH Debit/Credit which is altered, unless the alteration is initialed altered by the customer at time of presentation, Merchant in any way (gh) MERCHANT shall not knowingly submit a check an ACH Debit/Credit on an account on which SPSPaya-EFT previously denied authorization. MERCHANTXXXXXXXX’s submission of any of the above transactions for electronic processing may subject the MERCHANT to immediate suspension or termination, termination and all funds of MERCHANT, including those in MERCHANT’S account, may be placed on hold. This will also remove the Guarantee coverage from ALL checks.

Unacceptable Transactions. In addition to the any other restrictions set out above and forth in any eventthis Agreement, the following transactions are unacceptable for Remote Check Deposit (Check 21 Plus) electronic processing, and MERCHANT Merchant agrees not to submit any of the following transactions to SPS-EFT GETI for electronic processing: (a) MERCHANT Merchant shall not process any temporary checks or checks that do not have the customer’s current name, address and phone number preprinted on its face, (b) Merchant shall not electronically process any checks drawn on the personal checking account of MERCHANT Merchant or any of its agents or employees, (bc) MERCHANT Merchant shall not accept any third party items for Remote Check Deposit (Check 21 Plus) electronic processing or checks made payable to “cash” or “bearer”, (cd) MERCHANT Merchant shall not accept a traveler’s check, money order, payroll check, counter check or sight draft, (e) Merchant shall not submit for processing any transaction representing the financing of an existing obligation whether previously owed to MERCHANTMerchant, arising from the dishonor of a check or arising from a credit card, debit card or smart card dispute with the MERCHANTMerchant, (df) MERCHANT Merchant shall not submit a transaction for processing which represents an attempt to collect a chargeback, (eg) MERCHANT Merchant shall not submit a check written for goods or services that are not concurrently provided to the customer, including any check given for a service contract, gift certificate, a layaway (except for the final payment) or for a similar transaction, or for goods or services provided to a third party, (fh) MERCHANT Merchant shall not submit a check which contains erasures, or which is altered, unless the alteration is initialed by the customer at time of transaction, or for goods or services provided to a third party, (h) Merchant shall not submit a check which contains erasures, or which is altered, unless the alteration is initialed by the customer at time of presentation, (gi) MERCHANT Merchant shall not knowingly submit a check on an account which SPS-EFT GETI previously denied authorization. MERCHANTMerchant’s submission of any of the above transactions for electronic processing may subject the MERCHANT Merchant to immediate suspension or termination, and all funds of MERCHANTMerchant, including those in MERCHANT’S Merchant’s account, may be placed on hold. This will also remove the Guarantee coverage from ALL checksall checks submitted by Merchant currently in the GETI system.

Unacceptable Transactions. In addition to the restrictions set out above and in any event, the following transactions are unacceptable for Remote Check Deposit (Check 21 Plus) electronic processing, and MERCHANT agrees not to submit any of the following transactions to SPS-EFT GETI for electronic processing: (a) MERCHANT shall not process any temporary checks or checks that do not have the customer’s current name, address and phone number preprinted on its face, (b) MERCHANT shall not electronically process any checks drawn on any depository institution that is not federally insured or part of the ACH network, (c) MERCHANT shall not electronically process any checks drawn on the personal checking account of MERCHANT or any of its agents or employees, (bd) MERCHANT shall not accept any third party items for Remote Check Deposit (Check 21 Plus) electronic processing or checks made payable to “cash” or “bearer”, (ce) MERCHANT shall not accept a traveler’s check, money order, payroll check, counter check or sight draft, (f) MERCHANT shall not submit for processing any transaction representing the financing of an existing obligation whether previously owed to MERCHANT, arising from the dishonor of a check or arising from a credit card, debit card or smart card dispute with the MERCHANT, (dg) MERCHANT shall not submit a transaction for processing which represents an attempt to collect a chargeback, (eh) MERCHANT shall not submit a check written for goods or services that are not concurrently provided to the customer, including any check given for a service contract, gift certificate, a layaway (except for the final payment) or for a similar transaction, or for goods or services provided to a third party, (fi) MERCHANT shall not submit a check which contains erasures, or which is altered, unless the alteration is initialed by the customer at time of presentation, (gj) MERCHANT shall not knowingly submit a check on an account which SPS-EFT GETI previously denied authorization. MERCHANT’s submission of any of the above transactions for electronic processing may subject the MERCHANT to immediate suspension or termination, and all funds of MERCHANT, including those in MERCHANT’S account, may be placed on hold. This will also remove the GETI Guarantee coverage from ALL checks.

Unacceptable Transactions. In addition to the restrictions set out above and in any event, the following transactions are unacceptable for Remote Check Deposit (Check 21 Plus) electronic processing, and MERCHANT agrees not to submit any of the following transactions to SPS-EFT for electronic processing: (a) MERCHANT shall not process any temporary checks or checks that do not have the customer’s current name, address and phone number preprinted on its face, (b) MERCHANT shall not electronically process any checks drawn on any depository institution that is not federally insured or part of the ACH network, (c) MERCHANT shall not electronically process any checks drawn on the personal checking account of MERCHANT or any of its agents or employees, (bd) MERCHANT shall not accept any third party items for Remote Check Deposit (Check 21 Plus) electronic processing or checks made payable to “cash” or “bearer”, (ce) MERCHANT shall not accept a traveler’s check, money order, payroll check, counter check or sight draft, (f) MERCHANT shall not submit for processing any transaction representing the financing of an existing obligation whether previously owed to MERCHANT, arising from the dishonor of a check or arising from a credit card, debit card or smart card dispute with the MERCHANT, (dg) MERCHANT shall not submit a transaction for processing which represents an attempt to collect a chargeback, (eh) MERCHANT shall not submit a check written for goods or services that are not concurrently provided to the customer, including any check given for a service contract, gift certificate, a layaway (except for the final payment) or for a similar transaction, or for goods or services provided to a third party, (fi) MERCHANT shall not submit a check which contains erasures, or which is altered, unless the alteration is initialed by the customer at time of presentation, (gj) MERCHANT shall not knowingly submit a check on an account which SPS-EFT previously denied authorization. MERCHANTXXXXXXXX’s submission of any of the above transactions for electronic processing may subject the MERCHANT to immediate suspension or termination, and all funds of MERCHANT, including those in MERCHANT’S account, may be placed on hold. This will also remove the SPS-EFT POS Guarantee Conversion coverage from ALL checks.

Unacceptable Transactions. In addition to the restrictions set out above and in any event, the following transactions are unacceptable for Remote Check Deposit (Check 21 Plus) electronic processing, and MERCHANT agrees not to submit any of the following transactions to SPSPaya-EFT for electronic processing: (a) MERCHANT shall not process any temporary checks or checks that do not have the customer’s current name, address and phone number preprinted on its face, (b) MERCHANT shall not electronically process any checks drawn on any depository institution that is not federally insured or part of the ACH network, (c) MERCHANT shall not electronically process any checks drawn on the personal checking account of MERCHANT or any of its agents or employees, (bd) MERCHANT shall not accept any third party items for Remote Check Deposit (Check 21 Plus) electronic processing or checks made payable to “cash” or “bearer”, (ce) MERCHANT shall not accept a traveler’s check, money order, payroll check, counter check or sight draft, (f) MERCHANT shall not submit for processing any transaction representing the financing of an existing obligation whether previously owed to MERCHANT, arising from the dishonor of a check or arising from a credit card, debit card or smart card dispute with the MERCHANT, (dg) MERCHANT shall not submit a transaction for processing which represents an attempt to collect a chargeback, (eh) MERCHANT shall not submit a check written for goods or services that are not concurrently provided to the customer, including any check given for a service contract, gift certificate, a layaway (except for the final payment) or for a similar transaction, or for goods or services provided to a third party, (fi) MERCHANT shall not submit a check which contains erasures, or which is altered, unless the alteration is initialed by the customer at time of presentation, (gj) MERCHANT shall not knowingly submit a check on an account which SPSPaya-EFT previously denied authorization. MERCHANTXXXXXXXX’s submission of any of the above transactions for electronic processing may subject the MERCHANT to immediate suspension or termination, and all funds of MERCHANT, including those in MERCHANT’S account, may be placed on hold. This will also remove the Paya-EFT POS Guarantee Conversion coverage from ALL checks.

Unacceptable Transactions. In addition to the restrictions set out above and in any event, the following transactions are unacceptable for Remote Check Deposit (Check 21 Plus) electronic processing, and MERCHANT . XXXXXXXX agrees not to submit any of the following transactions to SPSPaya-EFT for electronic processing: ; (a) MERCHANT shall not electronically process any electronic checks drawn on any depository institution that is not federally insured or part of the ACH network, (b) MERCHANT shall not electronically process any electronic checks drawn on the business or personal checking account of MERCHANT or any of its agents or employees, (bc) MERCHANT shall not accept any third party items for Remote Check Deposit (Check 21 Plus) electronic processing or electronic checks made payable to “for "cash” " or “bearer”"cash back", (cd) MERCHANT shall not submit for processing any transaction representing the financing of an existing obligation whether previously owed to MERCHANT, arising from the dishonor of a check check, a dishonor of an electronic ACH transaction or arising from a credit card, debit card or smart card dispute with the MERCHANT, (de) MERCHANT shall not submit a transaction for processing which represents an attempt to collect a chargeback, (ef) MERCHANT shall not submit a an electronic check written for goods or services that are not concurrently provided to the customer, including any check electronic ACH transaction given for a service contract, gift certificate, a layaway (except for the final payment) or for a similar transaction, or for goods or services provided to a third party, (fg) MERCHANT shall not submit a an electronic check which contains erasures, or which is altered, unless the alteration is initialed altered by the customer at time of presentation, Merchant in any way (gh) MERCHANT shall not knowingly submit a check on an account on which SPSPaya-EFT previously denied authorization. MERCHANT’s XXXXXXXX's submission of any of the above transactions for electronic processing may subject the MERCHANT to immediate suspension or termination, termination and all funds of MERCHANT, including those in MERCHANT’S 'S account, may be placed on holdhold or charged back to merchant. This will also remove the Guarantee coverage from ALL checks.3.5