Common use of VALID TRANSACTIONS Clause in Contracts

VALID TRANSACTIONS. Each Transaction will be completed in compliance with the provisions of Section 3 and will create a valid, binding and legally enforceable obligation of the Cardholder whose name is shown on the Credit Card to pay to the Company the amount shown on the charge slip, which obligation to the Company will be discharged in full by the payment made to the Company by the Bank in respect of such Transaction under Section 4.1 above.

Appears in 9 contracts

Samples: Credit Card Processing Agreement (Alliance Data Systems Corp), Processing Agreement (Alliance Data Systems Corp), Credit Card Processing Agreement (Alliance Data Systems Corp)

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VALID TRANSACTIONS. Each Transaction will be completed in ------------------ compliance with the provisions of Section 3 and will create a valid, binding and legally enforceable obligation of the Cardholder whose name is shown on the Credit Card to pay to the Company the amount shown on the charge slip, which obligation to the Company will be discharged in full by the payment made to the Company by the Bank in respect of such Transaction under Section 4.1 above.

Appears in 1 contract

Samples: Credit Card Processing Agreement (Charming Shoppes Inc)

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