Term; Events of Default. This Agreement shall be in effect upon signing by of each document by all parties and shall remain effective through the initial term of three (3) years and shall thereafter automatically continue until terminated by either party upon the provision of thirty (30) days notice to the other party. If any of the following events shall occur (each an “Event of Default”):
Term; Events of Default. This Agreement shall be in effect upon signing by all parties and shall remain effective through termination of the Master Contract. If any of the following events shall occur (each an Event of Default):
Term; Events of Default. 19.1 This Agreement and the applicable Schedules shall become effective upon the date this Agreement and the applicable Schedules are signed by BANK, which shall in all instances be on or after the date(s) CUSTOMER and CMS sign this Agreement and the applicable Schedules and CUSTOMER will be advised of the effective date by SERVICERS.
Term; Events of Default. 16.1 This Agreement becomes effective only when approved by our Credit Department. We reserve the right to immediately suspend or terminate your account and this Agreement if you fail to meet our credit policies even if your account has been activated to submit transactions prior to your approval by our Credit Department.
Term; Events of Default. This Agreement shall be in effect upon signing by of each document by all parties and shall remain effective through the initial term and shall thereafter automatically continue until terminated by either party. If any of the following events shall occur (each an Event of Default):
Term; Events of Default. The initial term of this Agreement shall commence upon the date of execution hereof and shall continue in force until the expiry of the MSSA, and shall thereafter automatically continue until terminated by either party upon the provision of thirty (30) days notice to the other party. If any of the following events shall occur (each an “Event of Default”):
Term; Events of Default. 16.1 This Agreement becomes effective only when approved by our Credit Department. We reserve the right to immediately suspend or terminate your account and this Agreement if you fail to meet our credit policies even if your account has been activated to submit transactions prior to your approval by our Credit Department. 16.2 The initial term of this Agreement is 3 years from the date of your approval by our Credit Department (the Initial Term). After the Initial Term, subject to Section 16.3, this Agreement shall automatically extend for additional period of 1 year each (each an Extended Term). The Initial Term and all Extended Terms are the Term of this Agreement. 16.3 A party may give written notice to the other party, not later than 30 days before the end of the Initial Term or the relevant Extended Term, to terminate this Agreement at the end of the Initial Term or the relevant Extended Term, as the case may be. Should you fail to notify us in writing that you wish to terminate this Agreement under this Section 16.3, you agree that you will continue to be charged certain fees pursuant to this Agreement even if you are not using your account. If you have an Equipment lease, termination of this Agreement does not terminate that Equipment lease. 16.4 We may terminate this Agreement or suspend any or all of the Services immediately and without notice in the following circumstances (each, a Default): (a) a material adverse change in your business, financial condition, or business prospects; (b) any assignment or transfer of voting control of you or your parent or sale of all or a substantial portion of your assets; (c) irregular Card sales by you, excessive Chargebacks, noncompliance with any applicable data security standards, as determined by us, or any Card Organization, or any other Person, or an actual or suspected data security breach, or any other circumstances which, in our sole discretion, may increase our exposure for your Chargebacks or otherwise present a financial or security risk to us; (d) you breach any of your representations, warranties or covenants in this Agreement or you default in any material respect in the performance or observance of this Agreement, or in any agreement with any of our respective Affiliates, including the establishment or maintenance of funds in a Reserve Account, or any failure to notify us of any change to the information in your business profile; (e) your actions come under investigation by any Card Organization...
Term; Events of Default. This Sub-Merchant Agreement shall be in effect upon signing by of each document by all parties and shall remain effective through the initial term and shall thereafter automatically continue until terminated by either party. If any of the following events shall occur (each an Event of Default):
Term; Events of Default. The initial term of this Agreement shall commence upon the date of execution hereof and shall continue in force until the expiry of BBPS, and shall thereafter automatically continue until terminated by either party upon the provision of thirty (30) days notice to the other party. If any of the following events shall occur (each an “Event of Default”):
Term; Events of Default. 22.1 This Agreement and the applicable Supplements shall become effective upon the date this Agreement and the Supplements are signed by SERVICERS, which shall in all instances be on or after the date(s) CUSTOMER signs this Agreement and the applicable Supplements. CUSTOMER acknowledges and agrees that to the extent this Agreement does not represent a renewal or extension of a current agreement between the parties for the Services contemplated hereunder, CUSTOMER shall not process a “live”, non-test Card transaction under this Agreement until such time as CUSTOMER has been approved by BAMS’ credit department and BAMS and BANK have executed this Agreement.
