Unauthorized Use and Unauthorized Transactions. 9.1. Except as otherwise expressly provided below, Company will be liable to Mobil for all unauthorized use or Unauthorized Transactions that occur if: (i) a Card is lost or stolen and Company does not give immediate notice to Mobil as provided in Section 8 of this Agreement; ii) such use or suspected use occurs as a result of the Company’s lack of reasonable security precautions and controls surrounding the Cards or Accounts as described in Sections 2 and 3 of this Agreement; or (iii) such use results in a benefit, directly or indirectly, to the Company or Account User. Misuse as defined by Company internal Company policy by an Account User or other employee does not constitute fraud, unauthorized use, or an Unauthorized Transaction.
Unauthorized Use and Unauthorized Transactions. 10.1. Except as otherwise expressly provided below, Company will be liable to Issuer for all unauthorized use or Unauthorized Transactions that occur if: (i) a Card is lost or stolen and Company does not give immediate notice to Issuer as provided in Section 9 of this Agreement; ii) such use or suspected use occurs as a result of the Company’s lack of reasonable security precautions and controls surrounding the Cards or Accounts as described in Sections 2 and 3 of this Agreement; or (iii) such use results in a benefit, directly or indirectly, to the Company or Account User. Misuse as defined by your internal Company policy by an Account User or other employee does not constitute fraud, unauthorized use, or an Unauthorized Transaction.
10.2. If Company has less than ten (10) Cards issued to it for use by Company’s Account Users or employees, Company’s liability for Unauthorized Transactions will be limited as provided in the Truth in Lending Act and implementing federal regulations (currently $50.00).
Unauthorized Use and Unauthorized Transactions. (a) The availability and effectiveness of Controls is dependent upon each merchant’s adoption of card specifications and the information, including product codes that the merchant transmits to Contractor. The product codes are assigned by each merchant and not by the Contractor. In addition, some Controls are not enforceable at island card readers due to equipment restrictions at the merchant location.
(b) Default Control values are only assigned by Participating Entity through the online product. More detailed information related to Controls and their limitations is available online. Contractor is not responsible for the prudence of any particular Control level selected by Participating Entity. Contractor shall use reasonable efforts to deny requests for Transaction authorizations that fall outside the selected Control parameters. Purchasing Entity remains responsible for payment in full of Transactions which fall outside of the Control parameters selected, if such Transactions are made with a valid Card and are processed by Contractor. The existence and/or use of Controls will not affect Purchasing Entity’s liability for Unauthorized Transactions in certain circumstances and is more fully described in the guidance information provided when Purchasing Entities make Control elections. Only transactions submitted for authorization are subject to Controls and those Controls can only be enforced when the merchant provides sufficient information as part of the authorization.
(c) Contractor may, in its sole discretion and/or without prior notice, modify Authorization Controls for the purpose of the prevention of suspected fraudulent activity, see Exhibit G Section 15 Fraud Protection. Contractor will notify Purchasing Entity after any modification is made. Purchasing Entity agrees it is responsible for reviewing fraud control data provided by Contractor for the purpose of detecting fraud that may occur within Control parameters.
Unauthorized Use and Unauthorized Transactions. 10.1. For Company Accounts, except as otherwise expressly provided below, Company will be liable to Issuer for all unauthorized use or Unauthorized Transactions that occur if: (i) a Card is lost or stolen and Company does not give immediate notice to Issuer as provided in Section 9 of this Agreement; ii) such use or suspected use occurs as a result of the Company’s lack of reasonable security precautions and controls surrounding the Cards or Accounts as described in Section 3 of this Agreement; or (iii) such use results in a benefit, directly or indirectly, to the Company or Account User. For Company Accounts, the fact that a given use by an Account User or other employee may be defined by your internal Company policy as misuse is irrelevant this determination. Such use does not constitute fraud, unauthorized use, or an Unauthorized Transaction.
10.2. For Consumer Accounts, the Consumer must immediately notify Issuer as set out in Section 9 of this Agreement if a Card is lost or stolen or if the Consumer suspects that it is lost or stolen. The Consumer will not be responsible for any unauthorized Transactions that occur after the Consumer has notified Issuer that the Card or Account information has been lost, stolen, misused or is missing. The Consumer’s maximum liability for any unauthorized Transactions that occur before Issuer is notified that the Card is lost or stolen is $50, except where the Card is used together with a PIN at an automated teller machine for which the Consumer will be responsible for the full amount charged to the Account before Issuer has received notice that the Card has been lost or stolen. 11.
