Additional Terms on Debits and Credits Sample Clauses

Additional Terms on Debits and Credits. You acknowledge and agree that Mastercard may (i) in accordance with the Mastercard RPPS Documentation, credit and debit your Account in respect of your participation in Mastercard RPPS; and (ii) further debit your Account (a) for funds due from you to another Mastercard RPPS participant or Mastercard in connection with a transaction processed through Mastercard RPPS, including funds credited to your Account in error, (b) for funds due to Mastercard for fees or penalties due under the Mastercard RPPS Documentation, and (c) to unwind transactions previously settled to your Account through Mastercard RPPS if the participant that sent the previously settled transaction has not funded the transaction and, as determined by Mastercard, is unable or unwilling to fund the transaction. You shall cooperate in effecting such transaction unwinding. Mastercard may, without prior notice to you, setoff, appropriate, and apply any funds otherwise due to you against any amounts in respect of reversals or unwinding of transactions settled to you by Mastercard through Mastercard RPPS, and you waive the right to interpose any setoff, counterclaim, or cross claim you may have with respect to another participant in Mastercard RPPS in connection therewith. If appropriate, any debits or credits may include the cost of funds due to Mastercard, you, or another participant, calculated as set forth in the Settlement Manual.
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Related to Additional Terms on Debits and Credits

  • ADDITIONAL TERMS OF SETTLEMENT 22. This settlement is agreed upon in accordance with section 24.4 of MFDA By-law No. 1 and Rules 14 and 15 of the MFDA Rules of Procedure.

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  • Account Terms The Certificate bears interest at the rate and basis as set forth on the Certificate. The terms of the Certificate, such as the interest rate(s), Annual Percentage Yield ("APY"), length of term period, renewability, and date of maturity are specified on the Certificate and in the Disclosures provided to you at the time of account opening. Interest will not be compounded unless noted and will be paid to you at the frequency and in the method noted. If interest compounds during the term of the Certificate and may be withdrawn prior to maturity, the withdrawal of interest prior to maturity will affect the APY. Withdrawal Prior To Maturity. You have contracted to keep the account funds on deposit from the issue date until the maturity date. We may accept a request by you for withdrawal of some or all of the account funds prior to the maturity date at our discretion or as otherwise described in the Disclosures.

  • Terms and Conditions on Any Consent Any consent or approval that the LHIN may grant under this Agreement is subject to such terms and conditions as the LHIN may reasonably require.

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