GENERAL TERMS AND CONDITIONS
Version: 21.1, GTC Effective Date: 1.12.2021
(a) has been duly authorized by its requisite officials,
(b) shall not conflict with, result in a breach of, or constitute a default under any other agreement to which it is a party or by which it is bound, and shall not constitute an event that would, with notice and/or lapse of time, constitute such a default, and
(c) will not result in a violation of or conflict with any applicable law, and
(d) there is no proceeding pending or, to the knowledge of the Provider, threatened, which challenges or may have a material adverse affect on the Agreement;
a) Any out-of-court settlement relating to the TPC will require Provider’s written consent.
b) Provider will be entitled to take over the defence at any time, if, in its reasonable opinion, the TPC might damage its business activity or its image or its reputation. In this event, the Provider must reasonably inform the Merchant of its reasons for taking over the defence and keep the Merchant reasonably informed of the claim’s progress if the Merchant expressly asks to be informed.
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