Damages for Termination by Merchant. 1. Bank and Merchant acknowledge and agree that in addition to all other remedies available to Bank under this Agreement or as otherwise available in law or equity, if this Agreement is terminated by Merchant prior to the expiration of the applicable Term of the Agreement or for any reason other than for a material, uncured breach by Bank, Merchant agrees to pay Bank damages (the “Damages”) determined by:
Appears in 3 contracts
Samples: Settlement Services Agreement (Transfirst Holdings Corp.), Settlement Services Agreement (Transfirst Holdings Corp.), Clearing and Settlement Services Agreement (TransFirst Inc.)
Damages for Termination by Merchant. 1. (A) Bank and Merchant acknowledge and agree that in addition to all other remedies available to Bank under this Agreement or as otherwise available in law or equity, if this Agreement is terminated by Merchant prior to the expiration of the applicable Term of the Agreement or for any reason other than for a material, uncured breach by Bank, Merchant agrees to pay Bank damages (the “Damages”) determined by:by (except to the extent prohibited by law):
Appears in 2 contracts
Samples: Merchant Card Processing Agreement, Merchant Card Processing Agreement
Damages for Termination by Merchant. 1. (A) Bank and Merchant acknowledge and agree that in addition to all other remedies available to Bank under this Agreement or as otherwise available in law or equity, if this Agreement is terminated by Merchant prior to the expiration of the applicable Term of the Agreement or for any reason other than for a material, uncured breach by Bank, Merchant agrees to pay Bank damages (the “Damages”) determined by:by (except to the extent prohibited by law):
Appears in 1 contract
Samples: Merchant Card Processing Agreement
