20.01.2013 Views

merchant-agreement

merchant-agreement

merchant-agreement

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

23. Our consent<br />

We may give our consent for the purposes of this <strong>agreement</strong> conditionally or<br />

unconditionally or withhold it in our absolute discretion, unless this <strong>agreement</strong> expressly<br />

indicates differently.<br />

24. Cardholder’s creditworthiness<br />

You cannot infer from the fact that a cardholder has been issued with a nominated card,<br />

or that a transaction has been processed or an authorisation has been given, that we<br />

have guaranteed:<br />

(a) the cardholder’s creditworthiness; or<br />

(b) the correct identity of the cardholder; or<br />

(c) that the transaction is valid and acceptable and will not be subsequently charged<br />

back or reversed; or<br />

(d) that you have complied with your obligations under this <strong>agreement</strong> and you waive<br />

any right to claim that we do.<br />

25. Rights of each party<br />

25.1. You must not assign or charge your rights under this <strong>agreement</strong>.<br />

25.2. We may enter this <strong>agreement</strong> as principal or agent.<br />

25.3. We may, without your consent:<br />

(a) transfer our interest in this <strong>agreement</strong> or equipment we own, or give another person<br />

an interest in or form of security over either of them; or<br />

(b) subcontract any of our obligations under this <strong>agreement</strong> and if we do you must allow<br />

access to our subcontractors to your business premises for the purpose of installing<br />

equipment or auditing your compliance with this <strong>agreement</strong>.<br />

25.4. The rights, powers and remedies which you and we have under this <strong>agreement</strong> are<br />

in addition to the ones provided independently by law (including, without limitation,<br />

any rights conferred under trade practices legislation). You and we may exercise<br />

the rights, powers and remedies under the law and in equity as well as any of those<br />

provided by this <strong>agreement</strong>.<br />

25.5. If you or we do not insist upon or enforce a right arising from a breach of this<br />

<strong>agreement</strong>, that does not mean that you or we have given up or waived that right or<br />

any other right arising from that breach or any later breach.<br />

25.6. Nothing contained or implied in this <strong>agreement</strong> constitutes you as the partner, agent,<br />

or legal representative of us for any purpose or creates any partnership, agency or<br />

trust, and you have no authority to bind us in any way.<br />

65

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!