Common use of Threatening Condition Clause in Contracts

Threatening Condition. In the event that CyberSource reasonably believes that Customer is in violation of its obligations hereunder, including, without limitation, selling products or services that violate law or regulation, or that Customer’s conduct poses a threat to CyberSource’s systems, equipment, processes, or Intellectual Property (the “Threatening Condition”), CyberSource may immediately suspend Customer’s Account(s). In any event, CyberSource may terminate this Agreement if the Threatening Condition remains uncured more than thirty (30) calendar days after Customer is notified of the Threatening Condition.

Appears in 4 contracts

Samples: Payment Gateway Merchant Service Agreement, Payment Gateway Merchant Service Agreement, Payment Gateway Merchant Service Agreement

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