Common use of Authorization To Access Merchant’s Account Clause in Contracts

Authorization To Access Merchant’s Account. MERCHANT hereby authorizes SPS-EFT to initiate debit and credit entries to MERCHANT’S designated account. MERCHANT’s authorization shall continue in effect for at least 180 days after termination of this Agreement, or for a longer period as determined necessary by SPS-EFT in the exercise of its sole discretion in order to properly terminate business. Unless a reserve or delay is placed on the MERCHANT’S account, SPS-EFT will transmit settlement to MERCHANT’s bank by the fourth bank business day following the day MERCHANT batches out a SPS-EFT approved check imaging device’s transactions. Returns received after a transaction has been settled may be deducted from current outstanding funds due to MERCHANT, or returns may be charged back to MERCHANT's account at SPS-EFT's discretion. XXXXXXXX specifically authorizes SPS-EFT to debit MERCHANT's account via Automated Clearing House (ACH) transfer for any previously funded transaction that is returned, and MERCHANT warrants to SPS- EFT that MERCHANT will maintain a sufficient balance to cover return entries and to promptly notify SPS-EFT of any changes to MERCHANT's accounts. In addition, SPS-EFT may require additional monetary sums for the reserve account from MERCHANT, and SPS-EFT reserves the right to hold additional monies as necessary to reduce any risk associated with the daily processing of checks, as requested by MERCHANT. In the event of processing termination, SPS-EFT may hold outstanding funds due to MERCHANT for up to one-hundred-eighty (180) days from the transaction date if SPS-EFT determines that the return history reasonably justifies the holding of funds. SPS-EFT may hold back certain amounts where SPS-EFT is investigating a transaction for breach of warranty or transactional requirements by MERCHANT or for other reasons. SPS-EFT shall monitor MERCHANT’s transactional activity and XXXXXXXX agrees that SPS- EFT may delay funds for a reasonable period to investigate account activity. SPS-EFT will attempt to notify MERCHANT of any investigation, but SPS-EFT shall have no liability to MERCHANT or any other party, for any such actions taken by SPS-EFT. XXXXXXXX agrees that SPS-EFT may hold, setoff or retain funds to protect against amounts owed SPS-EFT or based on MERCHANT’s financial condition. SPS-EFT will not be liable for any dishonor of any item as a result of actions taken hereunder. Any account is subject to review, verification, audit and acceptance by SPS-EFT. SPS-EFT may return any item to MERCHANT for correction or proper processing.

Authorization To Access Merchant’s Account. MERCHANT hereby authorizes SPS-EFT GETI to initiate debit and credit entries to MERCHANT’S designated account. MERCHANT’s authorization shall continue in effect for at least 180 days after termination of this Agreement, or for a longer period as determined necessary by SPS-EFT GETI in the exercise of its sole discretion in order to properly terminate business. Unless a reserve or delay is placed on the MERCHANT’S account, SPS-EFT GETI will transmit settlement to MERCHANT’s bank by the fourth bank business day following the day MERCHANT batches out a SPS-EFT GETI approved check imaging device’s transactions. Returns received after a transaction has been settled may be deducted from current outstanding funds due to MERCHANT, or returns may be charged back to MERCHANT's account at SPS-EFTGETI's discretion. XXXXXXXX MERCHANT specifically authorizes SPS-EFT GETI to debit MERCHANT's account via Automated Clearing House (ACH) transfer for any previously funded transaction that is returned, and MERCHANT warrants to SPS- EFT GETI that MERCHANT will maintain a sufficient balance to cover return entries and to promptly notify SPS-EFT GETI of any changes to MERCHANT's accounts. In addition, SPS-EFT GETI may require additional monetary sums for the reserve account from MERCHANT, and SPS-EFT GETI reserves the right to hold additional monies as necessary to reduce any risk associated with the daily processing of checks, as requested by MERCHANT. In the event of processing termination, SPS-EFT GETI may hold outstanding funds due to MERCHANT for up to one-hundred-eighty (180) days from the transaction date if SPS-EFT GETI determines that the return history reasonably justifies the holding of funds. SPS-EFT GETI may hold back certain amounts where SPS-EFT GETI is investigating a transaction for breach of warranty or transactional requirements by MERCHANT or for other reasons. SPS-EFT GETI shall monitor MERCHANT’s transactional activity and XXXXXXXX MERCHANT agrees that SPS- EFT GETI may delay funds for a reasonable period to investigate account activity. SPS-EFT GETI will attempt to notify MERCHANT of any investigation, but SPS-EFT GETI shall have no liability to MERCHANT or any other party, for any such actions taken by SPS-EFTGETI. XXXXXXXX MERCHANT agrees that SPS-EFT GETI may hold, setoff or retain funds to protect against amounts owed SPS-EFT GETI or based on MERCHANT’s financial condition. SPS-EFT GETI will not be liable for any dishonor of any item as a result of actions taken hereunder. Any account is subject to review, verification, audit and acceptance by SPS-EFTGETI. SPS-EFT GETI may return any item to MERCHANT for correction or proper processing.

Authorization To Access Merchant’s Account. MERCHANT hereby authorizes SPS-EFT GETI to initiate debit and credit entries to MERCHANT’S designated account. MERCHANT’s authorization shall continue in effect for at least 180 days after termination of this Agreement, or for a longer period as determined necessary by SPS-EFT GETI in the exercise of its sole discretion in order to properly terminate business. Unless a reserve or delay is placed on the MERCHANT’S account, SPS-EFT GETI will transmit settlement to MERCHANT’s bank by the fourth bank business day following the day MERCHANT batches out a SPS-EFT approved MICR reader/check imaging devicescanner’s transactions. Returns received after a transaction In cases where MERCHANT has been settled may be deducted from current outstanding funds due approved by GETI in advance to MERCHANTinitiate credit entries, or returns may be charged back the debit to MERCHANT's account at SPS-EFT's discretion. XXXXXXXX specifically authorizes SPS-EFT will be initiated first and the credit to debit the customer may be held until MERCHANT's account via Automated Clearing House (ACH) transfer debit clears, generally within 6 banking days or for any previously funded transaction that is returned, and MERCHANT warrants a longer period as determined necessary by GETI to SPS- EFT that MERCHANT will maintain a sufficient balance to cover return entries and to promptly notify SPS-EFT of any changes to insure the funds have cleared MERCHANT's accountsaccount. In addition, SPS-EFT may require additional monetary sums for the reserve account from MERCHANT, and SPS-EFT reserves the right to hold additional monies as necessary to reduce any risk associated with the daily processing of checks, as requested by MERCHANT. In the event of processing termination, SPS-EFT may hold outstanding funds due to MERCHANT for up to one-hundred-eighty (180) days from the transaction date if SPS-EFT determines that the return history reasonably justifies the holding of funds. SPS-EFT GETI may hold back certain amounts where SPS-EFT GETI is investigating a transaction for breach of warranty or transactional requirements by MERCHANT or for other reasons. SPS-EFT GETI shall monitor MERCHANT’s transactional activity and XXXXXXXX MERCHANT agrees that SPS- EFT GETI may delay funds for a reasonable period to investigate account activity. SPS-EFT GETI will attempt to notify MERCHANT of any investigation, but SPS-EFT GETI shall have no liability to MERCHANT or any other party, for any such actions taken by SPS-EFTGETI. XXXXXXXX MERCHANT agrees that SPS-EFT GETI may hold, setoff or retain funds to protect against amounts owed SPS-EFT GETI or based on MERCHANT’s financial condition. SPS-EFT GETI will not be liable for any dishonor of any item as a result of actions taken hereunder. Any account is subject to review, verification, audit and acceptance by SPS-EFTGETI. SPS-EFT GETI may return any item to MERCHANT for correction or proper processing.

Authorization To Access Merchant’s Account. MERCHANT hereby authorizes SPS-EFT GETI to initiate debit and credit entries to MERCHANT’S designated account. MERCHANT’s authorization shall continue in effect for at least 180 days after termination of this Agreement, or for a longer period as determined necessary by SPS-EFT GETI in the exercise of its sole discretion in order to properly terminate business. Unless a reserve or delay is placed on the MERCHANT’S account, SPS-EFT GETI will transmit settlement to MERCHANT’s bank by the fourth bank business day following the day MERCHANT batches out a SPS-EFT GETI approved check imaging device’s transactions. Returns received after a transaction has been settled may be deducted from current outstanding funds due to MERCHANT, or returns may be charged back to MERCHANT's account at SPS-EFTGETI's discretion. XXXXXXXX MERCHANT specifically authorizes SPS-EFT GETI to debit MERCHANT's account via Automated Clearing House (ACH) transfer for any previously funded transaction that is returned, and MERCHANT warrants to SPS- EFT GETI that MERCHANT will maintain a sufficient balance to cover return entries and to promptly notify SPS-EFT GETI of any changes to MERCHANT's accounts. In addition, SPS-EFT GETI may require additional monetary sums for the reserve account from MERCHANT, and SPS-EFT GETI reserves the right to hold additional monies as necessary to reduce any risk associated with the daily processing of checks, as requested by MERCHANT. In the event of processing termination, SPS-EFT GETI may hold outstanding funds due to MERCHANT for up to one-hundred-hundred- eighty (180) days from the transaction date if SPS-EFT GETI determines that the return history reasonably justifies the holding of funds. SPS-EFT GETI may hold back certain amounts where SPS-EFT GETI is investigating a transaction for breach of warranty or transactional requirements by MERCHANT or for other reasons. SPS-EFT GETI shall monitor MERCHANT’s transactional activity and XXXXXXXX MERCHANT agrees that SPS- EFT GETI may delay funds for a reasonable period to investigate account activity. SPS-EFT GETI will attempt to notify MERCHANT of any investigation, but SPS-EFT GETI shall have no liability to MERCHANT or any other party, for any such actions taken by SPS-EFTGETI. XXXXXXXX MERCHANT agrees that SPS-EFT GETI may hold, setoff or retain funds to protect against amounts owed SPS-EFT GETI or based on MERCHANT’s financial condition. SPS-EFT GETI will not be liable for any dishonor of any item as a result of actions taken hereunder. Any account is subject to review, verification, audit and acceptance by SPS-EFTGETI. SPS-EFT GETI may return any item to MERCHANT for correction or proper processing.

Authorization To Access Merchant’s Account. MERCHANT hereby authorizes SPSPaya-EFT to initiate debit and credit entries to MERCHANT’S designated account. MERCHANT’s authorization shall continue in effect for at least 180 120 days after termination of this ACH Agreement, or for a longer period as determined necessary by SPSPaya-EFT in the exercise of its sole discretion in order to properly terminate business. Unless a reserve or delay is placed on the MERCHANT’S account, SPSPaya-EFT will generally transmit settlement to MERCHANT’s bank within 7 business days. In cases where MERCHANT has been approved by the fourth bank business day following the day MERCHANT batches out a SPSPaya-EFT in advance to initiate credit entries, the debit to MERCHANT's account will be initiated first and the credit to the customer may be held until MERCHANT's debit clears, generally within 6 banking days or for a longer period as determined necessary by Paya-EFT to insure the funds have cleared MERCHANT's account. With respect to the Services, (i) settlement shall consist of a 7 banking day net settlement unless approved check imaging device’s transactionsin advance by Paya-EFT in writing settlement shall consist of a 7 banking day net settlement unless approved in advance by Paya-EFT in writing; and (ii) No MERCHANT or customer is authorized to initiate a customer credit Entry, except where the Entry is the result of a reversal of a previous WEB debit Entry. Returns received after a transaction has been settled may be offset and deducted from current outstanding funds due to MERCHANT, or returns may be charged back to MERCHANT's account at SPSPaya-EFT's discretion. XXXXXXXX specifically authorizes SPSPaya-EFT to debit MERCHANT's account via Automated Clearing House (ACH) transfer for any previously funded transaction that is returned, and MERCHANT warrants to SPS- Paya-EFT that MERCHANT will maintain a sufficient balance to cover return entries and to promptly notify SPSPaya-EFT of any changes to MERCHANT's accounts. In addition, SPSPaya-EFT may require additional monetary sums for the reserve account from MERCHANT, and SPSPaya-EFT reserves the right to hold additional monies as necessary to reduce any risk associated with the daily processing of checks, as requested by MERCHANT. In the event of processing termination, SPS-Paya- EFT may hold outstanding funds due to MERCHANT for up to one-hundred-eighty twenty (180120) days from the transaction date if SPSPaya-EFT determines that the return history reasonably justifies the holding of funds. SPSPaya-EFT may hold back certain amounts where SPSPaya-EFT is investigating a transaction for breach of warranty or transactional requirements by MERCHANT or for other reasons. SPSPaya-EFT shall monitor MERCHANT’s transactional activity and XXXXXXXX MERCHANT agrees that SPS- Paya-EFT may delay funds for a reasonable period to investigate account activity. SPSPaya-EFT will attempt to notify MERCHANT of any investigation, but SPSPaya-EFT shall have no liability to MERCHANT or any other party, for any such actions taken by SPSPaya-EFT. XXXXXXXX agrees that SPSPaya-EFT may hold, setoff or retain funds to protect against amounts owed SPSPaya-EFT or based on MERCHANT’s transaction history and/or MERCHANTS’ financial condition. SPSPaya-EFT will not be liable for any dishonor of any item as a result of actions taken hereunder. Any account is subject to review, verification, audit and acceptance by SPSPaya-EFT. SPSPaya-EFT may return any item to MERCHANT for correction or proper processing.

Authorization To Access Merchant’s Account. MERCHANT hereby authorizes SPS-EFT to initiate debit and credit entries to MERCHANT’S designated account. MERCHANT’s authorization shall continue in effect for at least 180 days after termination of this Agreement, or for a longer period as determined necessary by SPS-EFT in the exercise of its sole discretion in order to properly terminate business. Unless a reserve or delay is placed on the MERCHANT’S account, SPS-EFT will transmit settlement to MERCHANT’s bank by the fourth bank business day following the day MERCHANT batches out a SPS-EFT approved check imaging device’s transactions. Returns received after a transaction has been settled may be deducted from current outstanding funds due to MERCHANT, or returns may be charged back to MERCHANT's account at SPS-EFT's discretion. XXXXXXXX MERCHANT specifically authorizes SPS-EFT to debit MERCHANT's account via Automated Clearing House (ACH) transfer for any previously funded transaction that is returned, and MERCHANT warrants to SPS- EFT that MERCHANT will maintain a sufficient balance to cover return entries and to promptly notify SPS-EFT of any changes to MERCHANT's accounts. In addition, SPS-EFT may require additional monetary sums for the reserve account from MERCHANT, and SPS-EFT reserves the right to hold additional monies as necessary to reduce any risk associated with the daily processing of checks, as requested by MERCHANT. In the event of processing termination, SPS-EFT may hold outstanding funds due to MERCHANT for up to one-hundred-eighty (180) days from the transaction date if SPS-EFT determines that the return history reasonably justifies the holding of funds. SPS-EFT may hold back certain amounts where SPS-EFT is investigating a transaction for breach of warranty or transactional requirements by MERCHANT or for other reasons. SPS-EFT shall monitor MERCHANT’s transactional activity and XXXXXXXX MERCHANT agrees that SPS- EFT may delay funds for a reasonable period to investigate account activity. SPS-EFT will attempt to notify MERCHANT of any investigation, but SPS-EFT shall have no liability to MERCHANT or any other party, for any such actions taken by SPS-EFT. XXXXXXXX MERCHANT agrees that SPS-EFT may hold, setoff or retain funds to protect against amounts owed SPS-EFT or based on MERCHANT’s financial condition. SPS-EFT will not be liable for any dishonor of any item as a result of actions taken hereunder. Any account is subject to review, verification, audit and acceptance by SPS-EFT. SPS-EFT may return any item to MERCHANT for correction or proper processing.