Common use of Reserve Clause in Contracts

Reserve. If Stripe establishes a Reserve, Stripe will hold the funds in a bank account in Stripe’s name, and notify you of the Reserve terms. If Stripe uses Safeguarded Funds to fund a Reserve, then Stripe will no longer safeguard those funds on your behalf. Stripe may change the Reserve terms (a) if Stripe believes that there is, or is likely to be, a change in the underlying risk presented by the User Group’s use of Stripe services; or

Appears in 38 contracts

Samples: Stripe Services Agreement, Stripe Services Agreement, Stripe Services Agreement

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.