Common use of Payment and Fees Clause in Contracts

Payment and Fees. Fees and charges payable by Merchant shall be as set forth in the Merchant Application. Merchant will be paid for indebtedness purchased under this FTD Credit Card Processing Agreement by credit to Merchant’s FTD Clearinghouse account(s) and will be payable according to FTD Clearinghouse rules in effect at the time. Merchant’s account(s) will be credited for the gross amount of the indebtedness deposited less the amount of any credit vouchers deposited. Chargebacks and adjustments will be charged to Merchant’s account(s) on a daily basis. Merchant agrees to pay and Merchant’s account(s) will be charged for the discount, fees, and other charges described in this Card Services Agreement. Merchant also agrees to pay and Merchant’s account(s) will be debited for all fees, arbitration fees, fines, penalties, etc. charged by the card associations or network organizations on account of Merchant’s processing hereunder. If an error occurs, Merchant’s account(s) may be debited or credited therefore. Merchant represents and warrants that no one other than Merchant has any claim against such indebtedness except as authorized in writing by Member Bank, Global Direct, and FTD. Merchant hereby assigns to Member Bank, Global Direct, and FTD all of its right, title, and interest in and to all indebtedness submitted hereunder and agrees that Member Bank, Global Direct, and FTD have the sole right to receive payment on any indebtedness purchased hereunder.

Payment and Fees. Fees and charges payable by Merchant shall be as set forth in the Merchant Application. Merchant will be paid for indebtedness purchased under this FTD Credit Card Processing Agreement by credit to Merchant’s FTD Clearinghouse account(s) and will be payable according to FTD Clearinghouse rules in effect at the time. Merchant’s account(s) will be credited for the gross amount of the indebtedness deposited less the amount of any credit vouchers deposited. Chargebacks and adjustments will be charged to Merchant’s account(s) on a daily basis. Merchant agrees to pay and Merchant’s account(s) will be charged for the discount, fees, and other charges described in this Card Services Agreement. Merchant also agrees to pay and Merchant’s account(s) will be debited for all fees, arbitration fees, fines, penalties, etc. charged by the card associations or network organizations on account of Merchant’s processing hereunder. If an error occurs, Merchant’s account(s) may be debited or credited therefore. Merchant represents and warrants that no one other than Merchant has any claim against such indebtedness except as authorized in writing by Member Bank, Global Direct, Moneris and FTD. Merchant hereby assigns to Member Bank, Global Direct, Moneris and FTD all of its right, title, and interest in and to all indebtedness submitted hereunder and agrees that Member Bank, Global DirectMoneris, and FTD have the sole right to receive payment on any indebtedness purchased hereunder.

Payment and Fees. Fees and charges payable by Merchant shall be as set forth in the Merchant Application. Merchant will be paid for indebtedness purchased under this FTD Credit Card Processing the Merchant Services Agreement by credit to Merchant’s FTD Clearinghouse 's account(s) and will be payable according to FTD Clearinghouse rules with a financial institution designated by Merchant in effect at accordance with the timeMerchant Services Agreement (the “Settlement Account”). Merchant’s account(s) 's Settlement Account will be credited for the gross amount of the indebtedness deposited less the amount of any credit vouchers deposited. Merchant shall not be entitled to credit for any indebtedness that arises out of a transaction not processed in accordance with the terms of the Merchant Services Agreement or the rules and regulations of a card association or network organization. Availability of any such funds shall be subject to the procedures of the applicable financial institution. Chargebacks and adjustments will be charged to Merchant’s account(s) 's Settlement Account on a daily basisbasis as incurred. Merchant agrees to pay and Merchant’s account(s) 's Settlement Account will be charged for the discount, fees, and other charges described herein and in this Card Appendix G of the Master Services AgreementAgreement (which is attached hereto as Exhibit A) and in the Merchant Services Agreement together with any other customer credits, adjustments, and installation fees on a monthly basis. Notwithstanding the foregoing, the parties acknowledge that only with respect to Services provided to Merchant in connection with the E-Pay Program and services provided to Merchant by Forte, and as an accommodation to the Merchant by Global, (a) Global will deposit the gross amount of service fee transactions associated with Internet, IVR and Point of Sale transactions related to the E-Pay Program, and (b) Global will debit the discount, fees, and other charges described in the Merchant Services Agreement for Internet, IVR and Point of Sale transactions and for the service fee transactions related to the E-Pay Program, to and from the account of Forte (the “Forte Account”) on Merchant’s behalf if a Forte Account is designated by Merchant in writing, authority for such credits and debits to the Forte Account is provided to Global by Forte, and the arrangement is approved by Global. Merchant also agrees to pay and Merchant’s account(sSettlement Account(s) will be debited as incurred for all fees, arbitration fees, fines, penalties, etc. charged by the card associations or network organizations on account of Merchant’s processing hereunder, including without limitation with regards to any third party who provides Merchant with services related to payment processing or facilitates Merchant’s ability to accept credit and debit cards and who is not a party to the Merchant Services Agreement. If an error occursa review of the indebtedness discloses any error, Merchant’s account(s) 's Settlement Account may be debited or credited thereforetherefor, without notice, and if Merchant’s Settlement Account does not contain sufficient funds, Merchant agrees to remit the amount owed directly to Global. Merchant represents agrees not to, directly or indirectly, prevent, block or otherwise preclude any debit by Global or Member to Merchant’s account which is permitted hereunder. Merchant agrees that Member and warrants Global have the right to receive payment on indebtedness purchased hereunder and that no one other than Merchant has any claim against such indebtedness except as authorized in writing by Member Bank, Global Direct, and FTDGlobal. Merchant hereby assigns to Member Bank, and Global Direct, and FTD all of its right, title, and interest in and to all indebtedness submitted hereunder and agrees that Member Bank, Global Direct, and FTD have the sole right to receive payment on any indebtedness purchased hereunder. Global’s standard reporting products for the activities described above will be provided to the Treasurer and to the Merchants, as required by the Master Services Agreement.

Payment and Fees. Fees and charges payable by Merchant shall be as set forth in the Merchant Application. Merchant will be paid for indebtedness purchased under this FTD Credit Card Processing Agreement by credit to MerchantXxxxxxxx’s FTD Clearinghouse account(s) and will be payable according to FTD Clearinghouse rules in effect at the time. MerchantXxxxxxxx’s account(s) will be credited for the gross amount of the indebtedness deposited less the amount of any credit vouchers deposited. Chargebacks and adjustments will be charged to MerchantXxxxxxxx’s account(s) on a daily basis. Merchant Xxxxxxxx agrees to pay and MerchantXxxxxxxx’s account(s) will be charged for the discount, fees, and other charges described in this Card Services Agreement. Merchant Xxxxxxxx also agrees to pay and MerchantXxxxxxxx’s account(s) will be debited for all fees, arbitration fees, fines, penalties, etc. charged by the card associations or network organizations on account of Merchant’s processing hereunder. If an error occurs, MerchantXxxxxxxx’s account(s) may be debited or credited therefore. Merchant represents and warrants that no one other than Merchant Xxxxxxxx has any claim against such indebtedness except as authorized in writing by Member Bank, Global Direct, and FTD. Merchant hereby assigns to Member Bank, Global Direct, and FTD all of its right, title, and interest in and to all indebtedness submitted hereunder and agrees that Member Bank, Global Direct, and FTD have the sole right to receive payment on any indebtedness purchased hereunder.