Common use of Termination for Cause by Bank Clause in Contracts

Termination for Cause by Bank. Bank may terminate this Agreement in its sole and absolute discretion, effective immediately, upon written or oral notice to Merchant if Bank reasonably determines that any of the following conditions exists:

Appears in 3 contracts

Samples: Settlement Services Agreement (Transfirst Holdings Corp.), Settlement Services Agreement (Transfirst Holdings Corp.), Clearing and Settlement Services Agreement (TransFirst Inc.)

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Termination for Cause by Bank. Merchant Bank or Merchant Bank’s designated representative may terminate this Merchant Agreement in its sole and absolute discretion, effective immediately, upon written written, electronic or oral notice to Merchant if Bank reasonably determines that any of the following conditions exists:

Appears in 2 contracts

Samples: Merchant Card Processing Agreement, Merchant Card Processing Agreement

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