Gift Card Data definition
Examples of Gift Card Data in a sentence
Merchant will at all times own all right, title and interest in and to all Gift Card Data generated under the Program.
Company shall have no obligations with respect to Merchant’s Gift Card Data following delivery to Merchant.
Merchant shall obtain, operate and maintain, at its sole cost and expense, all Gift Card Equipment required to enable Merchant to electronically transmit Gift Card Data in accordance with Company’s specifications from all Designated Locations to the Database.
Thereafter, during the Term, Company may remove the Gift Card Data from the Database and archive such Gift Card Data in any manner determined by Company in its reasonable business judgment.
Company shall establish and maintain Gift Card Data on the Database.
During the Term, Company will retain the Gift Card Data for each Gift Card on the Database for a period of twenty-four (24) months following the date that the account balance reaches zero.
Notwithstanding the foregoing, within ninety (90) days of Merchant’s written request, during the first twelve (12) months following the expiration or termination of this Agreement, Company will compile a data report of the Gift Card Data stored in the Database, in Company’s standard format, at a fee to be determined by the Company.