Item definition
Examples of Item in a sentence
If this Agreement may be terminated by either party pursuant to Paragraph 1 or if one of the items in Paragraph 2 applies (excluding Item 2, Item 4, and Item 6), then, if the applicable party receives a claim from the other party, all of the obligations of the applicable party to the other party (not limited to obligations under this Agreement) will automatically be accelerated and immediately become due and payable in cash.
If either party falls under Item 2, Item 4, or Item 6 of Paragraph 2, all of that party’s obligations to the other party (not limited to obligations under this Agreement) will automatically be accelerated and immediately become due and payable in cash.
PPCD shall be entitled to deduct an amount equivalent to the service fees at the time of payment set forth in Article 2, Paragraph 2, Item 3 as a means of collecting the service fees.
Item 4 of the preceding paragraph includes investigations involving the restoration, collection, or analysis of information recorded in computers, network equipment, and other devices that handle Card Details as digital data (digital forensics).
If either party discovers that it falls under any of the circumstances listed in Item (1) through Item (6) in connection with this Agreement, the discovering party shall immediately report to the other party thereon.