Common use of Bank is entitled to Clause in Contracts

Bank is entitled to. 12.5.2.1 Ensure that the merchant/service provider (including a casino, betting shop, etc.) processes payments above the minimum balance (if any) within 30 (thirty) days of the execution of the card transaction, and ensure that the respective amount is cleared/settled to the card account no later than the following banking day after the completion of the processing of the card transaction.

Appears in 2 contracts

Samples: www.tbcbank.ge, www.tbcbank.ge

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Bank is entitled to. 12.5.2.1 12.5.3.1 Ensure that the merchant/service provider (including a casino, betting shop, etc.) processes payments above the minimum balance (if any) within 30 (thirty) days of the execution of the card transaction, and ensure that the respective amount is cleared/settled to the card account no later than the following banking day after the completion of the processing of the card transaction.

Appears in 2 contracts

Samples: www.tbcbank.ge, www.tbcbank.ge

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