Chargeback Monitoring Programs Clause Samples

Chargeback Monitoring Programs. A. If you exceed a 1% chargeback to interchange ratio for all incoming chargebacks for a particular location you are considered an excessive chargeback merchant and may be subject to a Card Organization's monitoring programs. You are responsible for monitoring your monthly chargeback percentage and developing chargeback reduction plans as required by the Card Organizations. Excessive chargeback activity for an unreasonable period of time may result in termination of this Agreement. You must pay Member Bank or Processor for any fine or charge levied by the Associations on Member Bank, Processor or Merchant as a result of your chargeback activity. This section may be amended from time to time as a result of action by the Associations.
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Chargeback Monitoring Programs. 16.1 In the event that MERCHANT exceeds a one (1) percent CHARGEBACK to interchange ratio in two months out of three for Consumer Dispute CHARGEBACKS ("CDCS") or a two and three-quarters (2.75) percent CHARGEBACK to interchange ratio for all incoming chargebacks, MERCHANT will be defined as a "REVIEW-MERCHANT". On notification of Review Merchant status MERCHANT will supply FNBO with a business plan as to how to reduce the amount of CDCs in the event that MERCHANT is unable to reduce CDCs below one (1) percent within 120 days and maintain them at that level for a six (6) month probationary period FNBO or VISA may terminate MERCHANT's agreement to process SALES. In this event MERCHANT will pay FNBO for any fine or charge levied on FNBO or MERCHANT as a result of such classification or notification. The parameters of this section may be amended from time to time as a result of action by ASSOCIATIONS.
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Related to Chargeback Monitoring Programs

  • Program Monitoring The Contractor will make all records and documents required under this Agreement as outlined here, in OEC Policies and NHECC Policies available to the SRO or its designee, the SR Fiscal Officer or their designee and the OEC. Scheduled monitoring visits will take place twice a year. The SRO and OEC reserve the right to make unannounced visits.

  • Educational Program A. DSST PUBLIC SCHOOLS shall implement and maintain the following characteristics of its educational program in addition to those identified in the Network Contract at DSST ▇▇▇▇ MIDDLE SCHOOL (“the School” within Exhibit A-3). These characteristics are subject to modification with the District’s written approval:

  • Computer Equipment Recycling Program If this Contract is for the purchase or lease of computer equipment, then Contractor certifies that it is in compliance with Subchapter Y, Chapter 361 of the Texas Health and Safety Code related to the Computer Equipment Recycling Program and the Texas Commission on Environmental Quality rules in 30 TAC Chapter 328.

  • Monitoring System In each case in which the Custodian has exercised delegated authority to place Assets with a Foreign Custodian, the Custodian shall establish a system, to re-assess or re-evaluate selected Foreign Custodians, at least annually in accordance with Rule 17f-5(c)(3).

  • Training Programs All employees shall successfully complete all necessary training prior to being assigned work (e.g., all employees will complete health and safety training prior to being assigned to task). Nothing in this Article or provision shall constitute a waiver of either party’s bargaining obligations or defenses. The Employer still has an obligation to notify and bargain changes in terms and conditions of employment with the exclusive representative.