Res 2006-035 - Laserfiche WebLink

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4.5 You warrant that each POS Transaction is a bona fide sale of goods or services or both by you; represents a valid obligation for the amount shown on the Transaction Record; was made with the full and proper authorization of the Consumer; and is for a consumer pwpose. You further warrant that the POS Transaction is not known to be fraudulent or uncollectible. You further warrant that the POS Transaction represents a sale of goods and services by you to Consumer and does not involve any transaction with a third party. For the pwposes ofthis Section 4.5, "transaction with a third party" includes transactions between a franchisee, partner,.mdependent contractor or joint venturer of yours and a consumer. I 4.6 You warrant the validity and accuracy of the amount of each POS Transaction. 4.1 You will not use the Visa name or any Visa mark in your communications with Consumers, unless approved in advance in writing by us. 4.8 You will maintain the POS Terminal in good working condition. You must notify us immediately of any apparent failure or malfunction of, or damage to, any equipment provided by us. You will pay for all maintenance or repairs required as a result of your negligence or misuse of equipment. 4.9 You will advise us of each POS location that uses the Electronic Check Service, and will not move a POS Terminal to a different POS or other location without our prior written approval. I 5. Conversion Only Service You understand and agree that the Conversion Only Service involves the minimum amount of review for Authorization. Your acceptance of a Conversion Only Service allows for the speedy conversion of a Check to an electronic debit. Payment to you is subject to the possibility of Reversed POS Transaction based on a Claim. In the case of a Reversed POS Transaction, you may make appropriate collection efforts directly with the Consumer. 9 I