Common use of Additional Reserve Clause in Contracts

Additional Reserve. Upon termination of this Agreement, Helcim may require an additional reserve to cover possible indebtedness to Helcim for Transactions initiated prior to termination. This Reserve will be maintained for a minimum of six (6) months from the termination date or until such time as Helcim determines that the release of the funds to you is prudent, in the best interest of ▇▇▇▇▇▇, commercially reasonable and your account with Helcim is fully resolved. Upon expiration of this period, any balance remaining in the Reserve will be paid to you. ▇▇▇▇▇▇ will inform you of any charges debited to the Reserve during this period.

Additional Reserve. Upon termination of this Agreement, Helcim may require an additional reserve to cover possible indebtedness to Helcim for Transactions initiated prior to termination. This Reserve will be maintained for a minimum of six (6) months from the termination date or until such time as Helcim ▇▇▇▇▇▇ determines that the release of the funds to you is prudent, in the best interest of ▇▇▇▇▇▇, commercially reasonable and your account with Helcim is fully resolved. Upon expiration of this period, any balance remaining in the Reserve will be paid to you. ▇▇▇▇▇▇ will inform you of any charges debited to the Reserve during this period.