Dormancy Sample Clauses

Dormancy. If you do not use your Number for a period of one year, we may suspend your participation in the Programme without notice to you.

Dormancy. If there is no processing activity through your Bank-sponsored Merchant Account(s) for a period of twelve (12) months or longer, PayPal may close such inactive Bank-sponsored Merchant Account(s) and terminate the Braintree Payment Services upon written notice. If any surplus funds are held by PayPal (for example, Reserves), these will be remitted to your Bank-sponsored Merchant Account, unless we are notified by you or on your behalf that these should be remitted to an alternative location.

Dormancy. If there is no processing activity through your Bank-sponsored Merchant Account(s) for a period of twelve (12) months or longer, PayPal may close such inactive Bank-sponsored Merchant Account(s) and terminate the Gateway Services upon written notice. If required by applicable law, PayPal will escheat (send) any outstanding funds to your state of residency. If you would like to claim any escheated funds from the applicable state, please contact the applicable state’s unclaimed property administrator. You will remain liable for all outstanding obligations under this Agreement related to your Bank-sponsored Merchant Account(s) prior to closure.

Dormancy. We understand that sometimes life happens, and you may need to pause work on your project. That is entirely acceptable if we are notified and made aware of your situation in advance. If your project goes more than 30 days without any forward progress or significant activity from your end, and no prior arrangements have been made with us and agreed to, your project will be put on hold, and all associated files will be archived. Once your project has been archived, a $500 re-activation fee is required to restart your project, and your project will be scheduled into our current workflow where space is available. If your project remains inactive for an additional 15 days past the 30-day dormancy period (45 days total) with no significant forward progress made, milestones reached, or prior arrangement in place, our engagement will expire, no refunds will be available, and you will forfeit all deliverables associated with this client agreement. Basically, if you disappear for 45 days or delay the project with no forward movement and no communication for 45 days, this contract will be cancelled, and no refunds will be given.

Dormancy. Dormancy-for unassigned inventory, a device is considered dormant if it has not contacted (called into) the VeriTracksTM software in more than 30 days. It is the customer’s responsibility to ensure devices in inventory are plugged in at minimum every 30 days to maintain the device firmware and almanac. A monthly report is available to keep customers apprised of devices that are in the dormancy category. Devices that remain in the dormancy state past 90 days will be marked as unrecoverable and invoiced based on the terms set out in the Insurance and Replacement Cost section of this contract. Once devices are marked unrecoverable they are no longer usable and will need to be returned to the warehouse.

Dormancy. In the event you become contracted into the North Carolina State Health Plan Network through a third party after the effective date of this Agreement, this Agreement will automatically enter a state of dormancy for the applicable Benefit Plan(s). Unless otherwise terminated by either party, this Agreement may then be reactivated if we provide no fewer than ninety (90) days advance Written Notice.

Dormancy. 7.1. If the Merchant does not use the Service the Merchant procured from VPS for 3 (three) consecutive Calendar Month’s, the Merchant’s Services will be regarded as dormant. When the Merchant’s Service is dormant, VPS reserves the right to do the following: 7.1.1. suspend the Service and products immediately without prior notice; 7.1.2. terminate the Agreement immediately without prior notice and without prejudice to any other rights in law; 7.1.3. hold the Merchant liable and debit the Merchant Bank Account and apply set-off for all Fees; and 7.2. VPS may further rely on any of the remedies available to it by law.

Dormancy. If there is no processing activity through your Merchant Account(s) for a period of twelve (12) months or longer, PayPal may close such inactive Merchant Account(s) and terminate the Gateway Services upon written notice. You will remain liable for all outstanding obligations under this Agreement related to Merchant Account(s) prior to closure.

Dormancy. In the event that Your Account is inactive for a stipulated period of time as determined by the Bank’s policies and procedures, the Bank may close the Account upon giving You notice of its intention to do so and inform You of the reasons for doing so. Any monies held in the Account at the time of closure will be paid to You or Your legal representative. During the notice period, You may take steps to reactivate the Account, and if done to the satisfaction of the Bank, the Account shall not be closed.