Common use of POS Terminals Clause in Contracts

POS Terminals. The Retail Merchants shall maintain POS terminals capable of processing Company Credit Card and Account transactions as handled as of the Servicing Start Date, and prior to the Servicing Start Date shall make such changes to such POS terminals as required under the Integration Plan. To the extent that the Retail Merchants are required to make changes to any POS terminal (including hardware and software), Internet or mobile apps in order to support Prequalification Requests (to the extent applicable), process Applications, process Transactions and transmit Charge Transaction Data under this Agreement as a result of any change or modification to any Servicer Systems or as a result of any requirement of Applicable Law applicable to the Servicer, (****).

Appears in 3 contracts

Sources: Servicing Agreement, Servicing Agreement (Signet Jewelers LTD), Servicing Agreement (Signet Jewelers LTD)