Common use of PRESENTMENT OF SALES DRAFTS Clause in Contracts

PRESENTMENT OF SALES DRAFTS. A. Sales Draft Administration. Unless the Sales Draft is electronically generated from a swiped Transaction or is the result of an Internet, mail, phone or preauthorized sales order, Merchant must use a Sales Draft or other form approved by Service Provider to document each Transaction. Each Sales Draft will contain all such information as required by the Rules, which may include, as applicable: (i) Merchant’s name, location and account number; (ii) the information embossed on the Card presented by the Customer (either electronically or manually, and truncated if electronic); (iii) the date of the Transaction; (iv) a brief description of the goods or services involved; (v) the Authorization number; (vi) the total amount of the sale including any applicable taxes; and (vii) adjacent to the signature line, a notation that all sales are final, if applicable. Merchant will only add tax to a Transaction if applicable law expressly requires that Merchant be permitted to impose the tax.