Merchant Covenants Sample Clauses
The Merchant Covenants clause sets out the specific promises and obligations that the merchant agrees to uphold under the contract. These covenants typically require the merchant to comply with applicable laws, maintain certain standards of service, and fulfill operational requirements such as timely delivery or accurate record-keeping. By clearly outlining these responsibilities, the clause ensures that the merchant’s conduct aligns with the expectations of the other party, thereby reducing the risk of disputes and promoting smooth business operations.
Merchant Covenants. Merchant covenants the following to Elavon and Member during the Initial Term and any Renewal Term: Compliance with Laws and Payment Network Regulations. Merchant will comply with all Laws and Payment Network Regulations.
Merchant Covenants
