Revocation of Credit Sample Clauses

Revocation of Credit. Member Bank or Processor may refuse to accept any Sales Draft or revoke its prior acceptance of a Sales Draft in the following circumstances: (i) the transaction giving rise to the Sales Draft was not made in compliance with this Agreement, the Laws and the Rules; (ii) the Cardholder disputes his/her liability to Member Bank for any reason, including but not limited to those chargeback rights enumerated in the Rules; or (iii) the transaction giving rise to the Sales Draft was not directly between you and the Cardholder. You will pay Member Bank or Processor, as appropriate, any amount previously credited to you for a Sales Draft not accepted by Member Bank or Processor or, where accepted, is subsequently revoked.
AutoNDA by SimpleDocs
Revocation of Credit. We reserve the right to revoke credit or to reduce a customer’s credit limit due to a change in credit worthiness, pay history or similar considerations.
Revocation of Credit. Processor or Bank may refuse to accept any Sales Draft or revoke the prior acceptance of a Sales Draft in at least the following circumstances: (i) the transaction giving rise to the Sales Draft was not made in compliance with all terms and conditions of this Agreement, the Rules, Laws, and/or Operating Regulations; (ii) Bank or Processor receives notification that the Cardholder disputes his or her liability to Merchant for any reason, including, without limitation, those Chargeback rights enumerated in the Operating Regulations; or (iii) the transaction giving rise to the Sales Draft was not directly between You and the Cardholder. You acknowledge and agree that You are not entitled to retain, and will pay Bank and Processor, as appropriate, any amount previously credited to You for a Sales Draft not accepted by Processor or, where provisionally accepted, that is subsequently revoked.
Revocation of Credit. If a customer fails to pay in accordance with these requirements, UPRR in its sole discretion, may revoke credit privileges, if any, and institute any one or more of the following procedures:
Revocation of Credit. Streamline reserves the right to revoke credit or to reduce a customer’s credit limit due to a change in credit worthiness, pay history or similar considerations.
Revocation of Credit. Member or Elavon may, in their sole discretion, refuse to accept any Credit Transaction Receipt for processing.
Revocation of Credit. If a customer fails to pay in accordance with these requirements, UPRR in its sole discretion, may revoke credit privileges, if any, and institute any one or more of the following procedures: 1. Require that applicable freight charges be pre-paid by the Shipper. 2. Require that the Receiver (who shall not be such customer) pay applicable freight charges on a collect basis on all Shipments originating with such customer. 3. Changes in billing requested by any (including without limitation any Shipper, Receiver, Freight Forwarder, Shippers association, and Shippers Agent) after a Shipment has occurred shall not alter any entity's liability for freight charges (including without limitation Transportation Charges, Switch Charges, Demurrage, and other Accessorial Charges) in accordance with this paragraph. Issued: Effective: November 12, 2014 November 15, 2014 MITA 2-A Page: 2 of 2 Item: 210-B Concluded on this page MITA 2-A Item: 220 SUIT TO COLLECT CHARGES SUIT TO COLLECT CHARGES In the event that suit must be filed to collect any charge arising under this MITA, or any agreement or document referring to this MITA, the amount sued upon shall include interest from the date of Shipment at the maximum rate of interest allowed by law in the jurisdiction in which suit is filed. Interest shall be added to such principal. Each party shall pay the expenses of its legal representation and any expert witnesses.
AutoNDA by SimpleDocs
Revocation of Credit. Bank or NPC may refuse to accept any sales draft or revoke its prior acceptance of a sales draft in the following circumstances: (i) the transaction giving rise to the sales draft was not made in compliance with this Agreement, the Laws and the Rules; (ii) the Cardholder disputes his/her liability to Bank for any reason, including but not limited to those chargeback rights enumerated in the Rules; or (iii) the transaction giving rise to the sales draft was not directly between you and the Cardholder. You will pay Bank or NPC, as appropriate, any amount previously credited to you for a sales draft not accepted by Bank or NPC or, where accepted, is subsequently revoked.
Revocation of Credit. Notwithstanding Clause 6, Seller reserves the rights at any time to revoke any credit extended to Buyer as a result of Buyer’s failure to pay for any Deliverables when due or for any other reason deemed good and sufficient by Seller, and in such event all subsequent shipments shall be paid for on delivery.
Revocation of Credit. Credomatic or Bank may refuse to accept any Sales Draft, and Credomatic and Bank may revoke prior acceptance of a Sales Draft in the following circumstances: (a) the transaction giving rise to the Sales Draft was not made in compliance with this Agreement, the Laws or the Rules; (b) the Cardholder disputes his liability to Credomatic and Bank for any reason, including but not limited to a contention that the Cardholder did not receive the goods or services, that the goods or services provided were not as ordered or pursuant to those chargeback rights enumerated in the Rules; or (c) the transaction giving rise to the Sales Draft was not directly between you and the Cardholder. You will pay Credomatic and Bank any amount previously credited to you for a Sales Draft not accepted by Credomatic and Bank or where accepted, is revoked by Credomatic and Bank.
Time is Money Join Law Insider Premium to draft better contracts faster.