Amendment to Fees and Charges. From time to time, PAYSTRAX may change all rates, fees and charges set forth in the Agreement. PAYSTRAX will provide written notice to the Merchant of all amendments. PAYSTRAX may change the rates, fees and charges without prior written notice for due cause, such as the Merchant’s sales volume or average Transaction amount not meeting the Merchant’s projections as contained in the Merchant’s application for card processing services. If notice is required, PAYSTRAX will give written notice on the Merchant Statement or in a separate letter. All new rates, fees and charges will become effective for the month immediately following the month in which the notice appeared on the Merchant Statement or in the separate letter, unless the Merchant terminates this Agreement in accordance with Section 12.2.34.
Appears in 2 contracts
Samples: Merchant Framework Agreement, Merchant Framework Agreement on Payment Service
Amendment to Fees and Charges. From time to time, PAYSTRAX Bank or IPPAY may change all rates, fees and charges set forth in the Agreement. PAYSTRAX on Schedule A. Bank or IPPAY will provide written notice to the Merchant of all such amendments. PAYSTRAX Bank or IPPAY may change the rates, fees and charges without prior written notice for due cause, such as the if Merchant’s sales volume or average Transaction amount does not meeting the meet Merchant’s projections as contained in the Merchant’s application for card processing servicesMerchant Application form to which this Agreement is attached. If notice is required, PAYSTRAX Bank or IPPAY will give written notice on the Merchant Statement or in a by sending separate letternotice by mail. All new rates, fees and charges will become effective for the month immediately following the month in which the notice appeared on the Merchant Statement or in the separate letterwas sent by mail, unless the Merchant terminates this Agreement in accordance with Section 12.2.3436.
Appears in 1 contract
Samples: Merchant Agreement
Amendment to Fees and Charges. From time to time, PAYSTRAX Bank may change all rates, fees and charges set forth in Schedule B subject to the Agreementlimitations noted in paragraph 11. PAYSTRAX Bank will provide written notice to the Merchant of all amendments. PAYSTRAX Bank may change the rates, fees and charges without prior written upon 30 days' notice for due cause, such as the if Merchant’s 's sales volume or average Transaction amount does not meeting the meet Merchant’s 's projections as contained in the Merchant’s 's application for card processing servicesservices initially submitted to and approved by Bank for more than 2 consecutive months. If notice is required, PAYSTRAX Bank will give written notice on the Merchant Statement or in a separate letterStatement. All new rates, fees and charges will become effective for the month immediately following the month in which the notice appeared on the Merchant Statement or in the separate letter, unless the Merchant terminates this Agreement in accordance with Section 12.2.34Paragraph 39.
Appears in 1 contract
Samples: Merchant Agreement (Paypal Inc)