Common use of PRESENTMENT OF SALES DRAFTS Clause in Contracts

PRESENTMENT OF SALES DRAFTS. 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 be legibly imprinted with: (i) Merchant’s name, location and account number;

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 Bank to document each transactionCard Transaction. Each Sales Draft will be legibly imprinted with: (i) Merchant’s name, location location, and account number; (ii) the information embossed on the Card presented by the Cardholder (either electronically or manually, and truncated if electronic);