Common use of Minimum Balance Clause in Contracts

Minimum Balance. Merchant agrees to maintain a minimum balance of funds in the Settlement Account as Bank may specify to Merchant in writing from time to time.

Appears in 17 contracts

Sources: Merchant Card Processing Agreement, Merchant Card Processing Agreement, Merchant Card Processing Agreement

Minimum Balance. Merchant agrees to maintain a minimum balance of funds in the Settlement Account as Merchant Bank may specify to Merchant in writing from time to time.

Appears in 2 contracts

Sources: Merchant Card Processing Agreement, Merchant Card Processing Agreement