CARD ADMINISTRATION Clause Samples

The Card Administration clause outlines the procedures and responsibilities related to the management and oversight of payment or access cards issued under an agreement. It typically specifies who is authorized to issue, activate, deactivate, or replace cards, and may detail processes for reporting lost or stolen cards, setting spending limits, or monitoring card usage. This clause ensures that card-related activities are controlled and transparent, reducing the risk of misuse and providing clear guidelines for both parties on card management.
CARD ADMINISTRATION. (a) Seller may issue Seller Cards and process and pay for Seller Card sales tickets submitted to Seller in accordance with the terms of the applicable card guide. Seller may authorize third party issuers (Third Party Issuer(s)) to issue Seller Cards and other cards and process and pay Buyer for Seller Cards and other card sales tickets submitted to Third Party Issuer in accordance with the terms of an applicable card guide or agreement. Seller has the right, but not the obligation, to change at any time its methods or terms of issuing, or authorizing the issuance of, Seller Cards and other cards and its methods or terms of processing and paying, or authorizing the processing and payment of, Seller Cards and other card sales tickets. Nothing in this Agreement obligates Seller or Third Party Issuer to issue Seller Cards and other cards or to process for payment Seller Cards and other card sales tickets. (b) Buyer agrees to be bound by and comply with all terms and conditions of any card guide or agreement under which Seller or Third Party Issuer agrees to process and pay for Seller Cards and other card sales tickets. The terms of such card guide or agreement may be amended and/or supplemented at any time by Seller or Third Party Issuer(s). (c) If Third Party Issuer agrees to pay Buyer for Seller Card or other card sales tickets submitted for payment in accordance with the terms of the applicable card guide or agreement, Buyer will look solely to Third Party Issuer and not to Seller for such payment. Should Seller elect to or otherwise pay all or any portion of any card sales ticket charged back by Third Party Issuer to Buyer, upon demand from Seller, Buyer shall immediately reimburse Seller for any such payments made by Seller. (d) Seller has the right, but not the obligation, to offset any amounts owed by Seller to Buyer against any amounts owed by Buyer to Seller, whether arising under a contract or from any other business transaction between the parties. Seller has the right, but not the obligation, to instruct a Third Party Issuer to pay Seller rather than Buyer for Seller Card and other card sales tickets submitted by Buyer to Third Party Issuer, to apply against the payment of any amounts owed by Buyer to Seller whether arising under a contract or from any other business transaction between the parties. (e) If Buyer requests Seller or Third Party Issuer to accept assignment of credit or debit card tickets from, and make return payment directly to Buyer...
View SourceView Similar (8)
CARD ADMINISTRATION. Card Replacement (Payable on Demand via R2P) 1000 1000 1000 0.00%
View Source

Related to CARD ADMINISTRATION

  • Program Administration An activity relating to the general management, oversight and coordination of community development programs. Costs directly related to carrying out eligible activities are not included.

  • Agreement Administration SBBC has delegated authority to the Superintendent of Schools or his/her designee to take any actions necessary to implement and administer this Agreement.

  • Settlement Administration 5.1. The Settlement Administrator shall, under the supervision of the Court, administer the relief provided by this Settlement Agreement by processing Claim Forms in a rational, responsive, cost effective, and timely manner. The Settlement Administrator shall maintain reasonably detailed records of its activities under this Agreement. The Settlement Administrator shall maintain all such records as are required by applicable law in accordance with its normal business practices and such records will be made available to Class Counsel and Defendant’s Counsel upon request. The Settlement Administrator shall also provide reports and other information to the Court as the Court may require. The Settlement Administrator shall provide Class Counsel and Defendant’s Counsel with information concerning Notice, administration, and implementation of the Settlement Agreement. Should the Court request, the Parties shall submit a timely report to the Court summarizing the work performed by the Settlement Administrator, including a report of all amounts from the Settlement Fund paid to Settlement Class Members on account of Approved Claims. Without limiting the foregoing, the Settlement Administrator shall: 5.1.1. Forward to Defendant’s Counsel, with copies to Class Counsel, all original documents and other materials received in connection with the administration of the Settlement, and all copies thereof, within thirty (30) days after the date on which all Claim Forms have been finally approved or disallowed in accordance with the terms of this Agreement; 5.1.2. Receive requests to be excluded from the Settlement Class and other requests and promptly provide to Class Counsel and Defendant’s Counsel copies thereof. If the Settlement Administrator receives any exclusion forms or other requests after the deadline for the submission of such forms and requests, the Settlement Administrator shall promptly provide copies thereof to Class Counsel and Defendant’s Counsel; 5.1.3. Provide weekly reports to Class Counsel and Defendant’s Counsel, including without limitation, reports regarding the number of Claim Forms received, the number approved by the Settlement Administrator, and the categorization and description of Claim Forms rejected, in whole or in part, by the Settlement Administrator; and 5.1.4. Make available for inspection by Class Counsel or Defendant’s Counsel the Claim Forms received by the Settlement Administrator at any time upon reasonable notice. 5.2. The Settlement Administrator shall be obliged to employ reasonable procedures to screen claims for abuse or fraud and deny Claim Forms where there is evidence of abuse or fraud. The Settlement Administrator will reject any claim that does not comply in any material respect with the instructions on the Claim Form or the terms of Paragraphs 1.2 and/or 1.3, above, or is submitted after the Claims Deadline. Each claimant who submits an invalid Claim Form to the Settlement Administrator must be given a notice of the Claim Form’s deficiency and an opportunity to cure the deficiency within twenty-one (21) days of the date of the notice. The Settlement Administrator may contact any Person who has submitted a Claim Form to obtain additional information necessary to verify the Claim Form. 5.3. Defendant’s Counsel and Class Counsel shall have the right to challenge the acceptance or rejection of a Claim Form submitted by Settlement Class Members and to obtain and review supporting documentation relating to such Claim Form. The Settlement Administrator shall follow any agreed decisions of Class Counsel and Defendant’s Counsel as to the validity of any disputed submitted Claim Form. To the extent Class Counsel and Defendant’s Counsel are not able to agree on the disposition of a challenge, the disputed claim shall be submitted to The ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ of JAMS for binding determination. 5.4. In the exercise of its duties outlined in this Agreement, the Settlement Administrator shall have the right to reasonably request additional information from the Parties or any Settlement Class Member.

  • Central Administration k. Professionals

  • Project Administration The Contractor shall provide project administration for all Subcontractors, vendors, suppliers, and others involved in implementing the Work and shall coordinate administration efforts with those of the A/E and ODR in accordance with these Uniform General and Supplementary Conditions and provisions of Division 1 Specifications, and as outlined in the Pre- construction Conference.