Common use of Account Monitoring Clause in Contracts

Account Monitoring. Merchant acknowledges that Service Providers will monitor Merchant’s daily Transaction activity. Xxxxxxxx agrees that Service Providers may suspend, at their sole discretion, the disbursement of Xxxxxxxx’s funds for any reasonable period of time required to investigate suspicious or unusual activity. Service Providers will make good faith efforts to notify Merchant promptly following suspension. Service Providers shall have no liability for any losses or claims, either direct or indirect, which Merchant may attribute to any suspension of funds.

Appears in 3 contracts

Samples: Merchant Agreement, Merchant Agreement, Merchant Agreement

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Account Monitoring. Merchant acknowledges that Service Providers will monitor Merchant’s daily Transaction activity. Xxxxxxxx Merchant agrees that Service Providers may suspend, at their sole discretion, the disbursement of XxxxxxxxMerchant’s funds for any reasonable period of time required to investigate suspicious or unusual activity. Service Providers will make good faith efforts to notify Merchant promptly following suspension. Service Providers shall have no liability for any losses or claims, either direct or indirect, which Merchant may attribute to any suspension of funds.

Appears in 2 contracts

Samples: Merchant Agreement, Merchant Agreement

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