Rules Summary means the document containing a summary of key Operating Regulations governing this Agreement as amended from time to time.
Rules Summary means the Processor’s Bank Card Sub-merchant Rules and Regulations, as amended from time to time, which are at all times consistent with the Operating Regulations.
Examples of Rules Summary in a sentence
In the event there is a change in the Rules Summary by Processor that is not related to or based on a corresponding Association rule or requirement, such provision will not be binding on Merchant.
If there is a conflict between the Operating Regulations and the Rules Summary, the Operating Regulations shall control.
Merchant acknowledges receipt and review of the Rules Summary, which are incorporated into this Agreement by reference.
If there is a conflict between the Rules Summary and this Agreement, the Rules Summary shall control.
The Rules Summary is a summary of key Operating Regulations that govern this Agreement.
Xxxxxxxx agrees to fully comply with all of the terms and obligations in the then current Rules Summary, as changed or updated by Processor from time to time, at Processor’s sole reasonable discretion with notice in accordance with the Service Delivery Process.
More Definitions of Rules Summary
Rules Summary means the Bank Card Merchant Rules and Regulations, as amended from time to time, which are incorporated into this Agreement by reference. Service shall mean any and all services provided by Processor on behalf of Provider to Sub- merchant.
Rules Summary is a summary of key Card Association Rules (also referred to as “Card Organization Rules” in the Centralized Contract) that govern this Agreement. In the event there is a change in the Rules Summary by Processor that is not related to or based on a corresponding Card Association rule or requirement, such provision will not be binding on Merchant. Xxxxxxxx agrees to participate in the Card Associations in compliance with, and subject to, the Card Association Rules. Without limiting the foregoing, Xxxxxxxx agrees that it will fully comply with any and all confidentiality and security requirements of the USA Patriot Act (or similar law, rule or regulation), VISA, MasterCard, Discover, and/or Other Networks, including but not limited to PCI-DSS, the VISA Cardholder Information Security Program, the MasterCard Site Data Protection Program, the American Express Data Security Requirements (DSR), and any other program or requirement that may be published and/or mandated by the Card Associations. Should any Card Association Rule(s) not be publicly available or otherwise made available to the Merchant, such unavailability shall not alter or limit Merchant’s obligation to comply with the Card Association Rules. Notwithstanding Processor’s assistance in understanding the Card Association Rules, Merchant expressly acknowledges and agrees that it is assuming the risk of compliance with all provisions of the Card Association Rules, regardless of whether Merchant has possession of those provisions. Both MasterCard and VISA make excerpts of their respective Card Association Rules available on their internet sites. Merchant acknowledges responsibility for any liability resulting from its decision not to participate in optional Card Association programs, including but not limited to any increased Data Incident liability resulting from its decision not to participate in a Card Association EMV program. In the event Merchant chooses to participate in an optional Card Association program, including but not limited to an EMV program, Merchant acknowledges and agrees that it shall be responsible for (i) ensuring compliance with any applicable program requirements and/or Card Association Rules applicable to such program, including but not limited to making any updates to its point of sale equipment and (ii) any cost associated with its participation in the applicable program, including any costs assessed to Merchant by Processor. Other Services applicable to this Agreement will be ...
Rules Summary means the document containing a summary of key Operating Regulations governing this Agreement as amended from time to time, which is incorporated into this Agreement by reference Cards shall mean MasterCard, VISA, Discover and Other Network cards, account numbers assigned to a cardholder, or other methods of payment accepted by Processor, for which pricing is set forth in the Agreement. Cardholder shall mean any person authorized to use the Cards or the accounts established in connection with the Cards. Data Incident shall mean any alleged or actual compromise, unauthorized access, disclosure, theft, or unauthorized use of Card or Cardholder information, regardless of cause, including without limitation, a breach of or intrusion into any system, or failure, malfunction, inadequacy, or error affecting any server, wherever located, or hardware or software of any system, through which Card information resides, passes through, and/or could have been compromised. Discover shall mean Discover Financial Services, LLC. Event of Default shall mean each event listed in Section 13. Float Event shall mean a circumstance where Processor, for whatever reason, advances settlement or any amounts and/or delays the assessment of any fees. Force Majeure Event shall mean, labor disputes, fire, weather or other casualty, power outages, and funding delays, however caused, governmental orders or regulations, or any other cause, whether similar or dissimilar to the foregoing, beyond Processor’s reasonable control. Initial Term shall mean three years from the 1st day of the calendar month following the later of the date Processor executes this Agreement or the first date that all of Merchant’s locations receive the Services from Processor. Member Bank shall mean a member of VISA, MasterCard and/or Other Networks, as applicable, that provides sponsorship services in connection with this Agreement. As of the commencement of this Agreement, the Member Bank shall be Fifth Third Bank, an Ohio banking corporation.
Rules Summary means a summary of Card Brand, Bank, and Company requirements and operating terms related to Xxxxxxxx’s receipt of the Services.
Rules Summary means the document containing a summary of key Operating Regulations governing this Agreement as amended from time to time, which is incorporated into this Agreement by reference Cards shall mean MasterCard, VISA, Discover and Other Network cards, account numbers assigned to a cardholder, or other methods of payment accepted by Processor, for which pricing is set forth in the Agreement. Cardholder shall mean any person authorized to use the Cards or the accounts established in connection with the Cards. Data Incident shall mean any alleged or actual compromise, unauthorized access, disclosure, theft, or unauthorized use of Card or Cardholder information, regardless of cause, including without limitation, a breach of or intrusion into any system, or failure, malfunction, inadequacy, or error affecting any server, wherever located, or hardware or software of any system, through which Card information resides, passes through, and/or could have been compromised. Discover shall mean Discover Financial Services, LLC. Event of Default shall mean each event listed in Section 13. Float Event shall mean a circumstance where Processor, for whatever reason, advances settlement or any amounts and/or delays the assessment of any fees. Force Majeure Event shall mean, labor disputes, fire, weather or other casualty, power outages, and funding delays, however caused, governmental orders or regulations, or any other cause, whether similar or dissimilar to the foregoing, beyond Processor’s reasonable control. Initial Term shall mean three years from the date Processor executes this Agreement.
Rules Summary means the document containing a summary of key Operating Regulations governing this Agreement as amended from time to time, which is incorporated into this Agreement by reference Cards shall mean MasterCard, VISA, Discover and Other Network cards, account numbers assigned to a cardholder, or other methods of payment accepted by Processor, for which pricing is set forth in the Agreement. Cardholder shall mean any person authorized to use the Cards or the accounts established in connection with the Cards. Data Incident shall mean any alleged or actual compromise, unauthorized access, disclosure, theft, or unauthorized use of Card or Cardholder information, regardless of cause, including without limitation, a breach of or intrusion into any system, or failure, malfunction, inadequacy, or error affecting any server, wherever located, or hardware or software of any system, through which Card information resides, passes through, and/or could have been compromised. Discover shall mean Discover Financial Services, LLC. Disputed Amount shall mean amounts invoiced by Processor which are disputed by Merchant in good faith for which Xxxxxxxx provides a reasonably detailed notice of the dispute before such amounts are past due. A dispute will not exist as to an entire invoice merely because certain amounts on the invoice are Disputed Amounts.