J.P. MORGAN CHASE BANK-2016 - Laserfiche WebLink

Home Browse Search

DISCLAIMER This document was prepared exclusively for the benefit and internal use of the party to whom it is directly addressed and delivered (including such party's subsidiaries, the "Organization ") in order to assist the Organization in evaluating certain products or services that may be provided by JPMorgan Chase Bank, N.A. ( "J.P. Morgan "). This document contains information that is confidential and proprietary to J.P. Morgan, which may only be used in order to evaluate the products and services described herein and may not be disclosed to any other person. In preparing this document, J.P. Morgan has relied upon and assumed, without independent verification, the accuracy and completeness of all information available from public sources or which was provided to us by or on behalf of the Organization or which was otherwise reviewed by J.P. Morgan. Neither this document nor any of its contents may be used for any other purpose without the prior written consent of J.P. Morgan. J.P. Morgan makes no representations as to the legal, regulatory, tax, or accounting implications of the matters referred to in this document. Notwithstanding anything in this document to the contrary, the statements in this document are not intended to be Legally binding. Any products, services, terms, or other matters described in this document (other than in respect of confidentiality) are subject to the terms of separate legally binding documentation and are subject to change without notice. Neither J.P. Morgan nor any of its directors, officers, employees, or agents shall incur any responsibility or liability whatsoever to the Organization or any other party in respect of the contents of this document or any matters referred to in, or discussed as a result of, this document. J.P. Morgan and Chase are marketing names for certain businesses of JPMorgan Chase Bank, N.A., and its subsidiaries worldwide. JPMorgan Chase Bank is licensed under U.S. Pat. Nos. 5,910,988 and 6,032,137. The financial proposal is valid for 30 days. J.P. Morgan reserves the right to amend this proposal thereafter or upon any requested changes. Any requested changes may result in a new financial proposal. © JPMorgan Chase Bank, N.A. All Rights Reserved. Definitions "Net Charge Volume" means total U.S. dollar charges made on a J.P. Morgan Commercial Card, net of returns, cash advances, convenience check amounts, Fraudulent Transactions and any Transactions that do not qualify for interchange under applicable Association rules. U.S. Net Charge Volume does not include Large Ticket Transaction Volume. "Large Ticket Transaction" means a Transaction that the Associations have determined qualifies as a large ticket transaction. "Large Ticket Transaction Volume" means total Large Ticket Transactions made on a J.P. Morgan Commercial Card, net of returns, cash advances, convenience check amounts, Fraudulent Transactions and any Transactions that do not qualify for interchange under applicable Association rules. "Total Charge Volume" means the sum of Net Charge Volume and Large Ticket Transaction Volume. "Credit Losses" means all amounts due to J.P. Morgan in connection with any card that has been written off as uncollectible, excluding amounts due in respect of Fraudulent Charges. "Fraudulent Charges" are charges made on a J.P. Morgan Commercial Card that did not directly or indirectly benefit Organization or the cardholder and were incurred by someone other than the Organization or the cardholder, where such person does not have actual, implied, or apparent authority to use the card. "Gross Rebate" means the rebate amount prior to reduction by Credit Losses and /or Excess Rewards Redemption Expenses (as defined in the Fees section). JAWorgan