Audits and Reviews. Merchant authorizes Bank and Company to audit Merchant’s records, systems, processes, or procedures to confirm compliance with this Agreement, as amended from time to time. Merchants processing dollar volumes in excess of $100,000 per month will cooperate with Bank and Company in performing annual financial reviews by presenting up-to-date financial statements, tax returns, and bank statements in order to assure Bank and Company that Merchant maintains a favorable capital position, liquidity, stability, business practices, and general financial condition to fulfill the responsibilities tied to high volume Card processing.
Appears in 7 contracts
Samples: Merchant Processing Agreement Terms and Conditions, Merchant Processing Agreement, Merchant Processing Agreement
Audits and Reviews. Merchant authorizes Bank and Company Service Provider to audit Merchant’s records, systems, processes, processes or procedures to confirm compliance with this Agreement, as amended from time to time. Merchants processing dollar volumes in excess of $100,000 per month will cooperate with Bank and Company Service Provider in performing annual financial reviews by presenting up-to-date financial statements, tax returns, returns and bank statements in order to assure Bank and Company Service Provider that Merchant maintains a favorable capital position, liquidity, stability, business practices, practices and general financial condition to fulfill the responsibilities tied to high volume Card processing.
Appears in 5 contracts
Samples: Merchant Processing Agreement Terms and Conditions, Merchant Processing Agreement Terms and Conditions, Merchant Processing Agreement Terms and Conditions
Audits and Reviews. Merchant authorizes Bank and Company to audit Merchant’s records, systems, processes, processes or procedures to confirm compliance with this Agreement, as amended from time to time. Merchants processing dollar volumes in excess of $100,000 per month will cooperate with Bank and Company in performing annual financial reviews by presenting up-to-date financial statements, tax returns, returns and bank statements in order to assure Bank and Company that Merchant maintains a favorable capital position, liquidity, stability, business practices, practices and general financial condition to fulfill the responsibilities tied to high volume Card processing.
Appears in 4 contracts
Samples: Merchant Processing Agreement Terms and Conditions, Merchant Processing Agreement, Merchant Processing Agreement