Cliq definition
Examples of Cliq in a sentence
Cliq shall provide CLIENT with consultation on the format and specification of EFT data if transactions are to be transmitted to Cliq other than through the virtual terminal incorporated within the Cliq ACH Processing Gateway Interface.
Cliq shall provide an electronic means (electronic bulletin board service, or other like service) for the purpose of receiving EFT Data from CLIENT, posting return Items, correction notices and account statements for CLIENT.
In accordance with this Agreement, CLIENT has executed and delivered to Cliq a document entitled "Data Processing and Payment Collection Application" containing, among other things, certain information regarding the nature of CLIENT’s business.
Cliq may hold the monies for a period established by Cliq pursuant to its underwriting of CLIENT.
The CLIENT shall reimburse Cliq for any expenses, losses or damages it incurs in effecting or attempting to effect the CLIENT’s request for reversal of an Entry.
In the event CLIENT is not accepted for the services as contemplated herein, any fees paid to Cliq shall be non-refundable.
Cliq shall not be liable for the insolvency, neglect, misconduct, mistake or default of any other bank, corporation or person.
Any action or proceeding on the Agreement by or against Cliq shall be initiated and maintained under the jurisdiction of the State of California with venue in the courts of Orange County, in which case this Agreement shall be construed and governed by the laws of the State of California.
Cliq may reserve a portion of the Collected Funds pursuant to its underwriting of CLIENT from time to time.
CLIENT warrants to Cliq that all data and entries contained in EFT Data and delivered to Cliq by CLIENT will contain true and accurate information; will be authorized by Customer.