Common use of Cash Advances Clause in Contracts

Cash Advances. Merchant will not submit, deposit or process any transaction for the purpose of obtaining or providing a cash advance. Merchant will not submit any transaction that involves a Card owned or controlled by Merchant for the purpose of obtaining a cash advance or deposit of funds into Merchant’s own Designated Account. Merchant agrees that any such deposit or transaction shall be grounds for immediate termination.

Appears in 10 contracts

Samples: Merchant Processing Agreement Terms and Conditions, Merchant Processing Agreement Terms and Conditions, Merchant Processing Agreement Terms and Conditions

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Cash Advances. Merchant will not submit, deposit or process any transaction Transaction for the purpose of obtaining or providing a cash advance. Merchant will not submit any transaction T ransaction that involves a Card owned or controlled by Merchant for the purpose of obtaining a cash advance or deposit of funds into Merchant’s own Designated Account. Merchant agrees that any such deposit or transaction Transaction shall be grounds for immediate termination.

Appears in 4 contracts

Samples: Merchant Processing Agreement Terms and Conditions, Merchant Processing Agreement Terms and Conditions, Merchant Processing Agreement Terms and Conditions

Cash Advances. Merchant will not submit, deposit or process any transaction Transaction for the purpose of obtaining or providing a cash advance. Merchant will not submit any transaction Transaction that involves a Card owned or controlled by Merchant for the purpose of obtaining a cash advance or deposit of funds into Merchant’s own Designated Account. Merchant agrees that any such deposit or transaction shall be grounds for Transaction may result in immediate termination.

Appears in 4 contracts

Samples: Merchant Processing Agreement, Merchant Processing Agreement, Merchant Processing Agreement

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Cash Advances. Merchant will not submit, deposit or process any transaction for the purpose of obtaining or providing a cash advance. Merchant will not submit any transaction that involves a Card owned or controlled by Merchant for the purpose of obtaining a cash advance or deposit of funds into MerchantXxxxxxxx’s own Designated Account. Merchant agrees that any such deposit or transaction shall be grounds for immediate termination.

Appears in 1 contract

Samples: Merchant Processing Agreement Terms and Conditions

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