Other Amounts Owed. You will immediately pay Processor or Bank (i) any losses incurred by Processor or Bank attributable to, arising out of, or relating to this Agreement, including, but not limited to Chargebacks, fines and penalties imposed by any Card Network, all non-sufficient fund fees, and/or ACH debits that overdraw the Merchant Account, the Reserve Account, or any other account You have at Bank or at any other financial institution or (ii) for any amount You owe Processor or Bank under this Agreement or under any other contract, note, guaranty, instrument or dealing of any kind now existing or later entered into between You, on the one hand, and Processor or Bank, on the other hand. This Section applies whether your obligation is direct, indirect, primary, secondary, fixed, contingent, joint, or several. In the event such ACH does not fully reimburse Processor or Bank for the amount owed, the outstanding balance shall be immediately due and payable, and You will immediately pay Processor or Bank such amount.
Appears in 2 contracts
Samples: Terms and Conditions, Terms and Conditions
Other Amounts Owed. You will immediately pay Processor or Bank (i) any losses incurred by Processor or Bank attributable to, arising out of, or relating to this Agreement, including, but not limited without limitation, to Chargebacks, fines and penalties imposed by any Card Network, all non-non- sufficient fund fees, and/or ACH debits that overdraw the Merchant Account, the Reserve Account, or any other account You have at Bank or at any other financial institution or (ii) for any amount You owe Processor or Bank under this Agreement or under any other contract, note, guaranty, instrument or dealing of any kind now existing or later entered into between You, on the one hand, and Processor or Bank, on the other hand. This Section applies whether your obligation is direct, indirect, primary, secondary, fixed, contingent, joint, or several. In the event such ACH does not fully reimburse Processor or Bank for the amount owed, the outstanding balance shall be immediately due and payable, and You will immediately pay Processor or Bank such amount.
Appears in 2 contracts
Samples: Terms and Conditions, Terms and Conditions
Other Amounts Owed. You will immediately pay Processor or Bank (i) any losses incurred by Processor or Bank attributable to, arising out of, or relating to this Agreement, including, but not limited to Chargebacks, fines and penalties imposed by any Card Network, all non-non- sufficient fund fees, and/or ACH debits that overdraw the Merchant Account, the Reserve Account, or any other account You have at Bank or at any other financial institution or (ii) for any amount You owe Processor or Bank under this Agreement or under any other contract, note, guaranty, instrument or dealing of any kind now existing or later entered into between You, on the one hand, and Processor or Bank, on the other hand. This Section applies whether your obligation is direct, indirect, primary, secondary, fixed, contingent, joint, or several. In the event such ACH does not fully reimburse Processor or Bank for the amount owed, the outstanding balance shall be immediately due and payable, and You will immediately pay Processor or Bank such amount.
Appears in 1 contract
Samples: Terms and Conditions