Common use of Settlement Account Clause in Contracts

Settlement Account. 9.1 Merchant must maintain a Settlement Account in Merchant’s name in satisfactory condition at a depository institution under arrangements acceptable to Bank and Clearent. The Settlement Account will be subject to the provisions of Section 19 of this Merchant Agreement.

Appears in 9 contracts

Samples: Merchant Agreement, Merchant Agreement, Merchant Agreement

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Settlement Account. 9.1 15.1 Merchant must maintain a Settlement Account in Merchant’s 's name in satisfactory condition at a depository institution under arrangements acceptable to Bank and ClearentProvider. The Settlement Account will be subject to the provisions of Section 19 of this Merchant Agreement17.

Appears in 6 contracts

Samples: Card Program Services, Card Program Services, Card Program Services

Settlement Account. 9.1 15.1 Merchant must maintain a Settlement Account in Merchant’s Xxxxxxxx's name in satisfactory condition at a depository institution under arrangements acceptable to Bank and ClearentProvider. The Settlement Account will be subject to the provisions of Section 19 of this Merchant Agreement17.

Appears in 6 contracts

Samples: Card Program Services, Card Program Services, Card Program Services

Settlement Account. 9.1 a. Merchant must maintain a Settlement Account in Merchant’s name in satisfactory condition at a depository institution under arrangements acceptable to Bank and ClearentBank. The Settlement Account will be subject to the provisions of Section 19 of this Merchant Agreement16.

Appears in 5 contracts

Samples: Merchant Card Processing Agreement, Merchant Card Processing Agreement, Merchant Card Processing Agreement

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Settlement Account. 9.1 Merchant must maintain a Settlement Account in MerchantXxxxxxxx’s name in satisfactory condition at a depository institution under arrangements acceptable to Bank and Clearent. The Settlement Account will be subject to the provisions of Section 19 of this Merchant Agreement.

Appears in 1 contract

Samples: Merchant Agreement

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