Collection of Debt; Set-Off. Xxxxxxxx agrees to pay all amounts due or owed to Givex, in relation to any of Merchant’s accounts with Givex on demand. Merchant’s failure to pay amounts owed to Givex under this Terms and Conditions, the Processor Terms, Payment Card Networks and/or any applicable law, is a breach, and Merchant will be liable for any costs Givex, Processor and/or the Payment Card Networks incur during collection in addition to the amount Merchant owes. Givex (by itself or by instructing Processor) may collect and/or set-off any amount due to Givex from Merchant, including any cost, expense or fee (including attorney and collection agency fees) associated with such collection, by: (a) instructing Processor to deduct such amounts from the Merchant Payment Account balance, from other Merchant Payment Accounts (if any) held under Merchant’s name, or from the Reserve, and remit such deducted amounts to Givex; (b) debiting the bank account, credit card or any other payment method held by Givex, whether provided for registering to GivexPay Services or otherwise (including any such payment methods associated with any other Givex account or GivexPay Services account held under Merchant’s name); or (c) debiting any payment method connected to the website(s) associated with Merchant’s GivexPay Services account or connected with Merchant’s subscription to any other Givex services.
Collection of Debt; Set-Off. Xxxxxxxx agrees to pay all amounts due or owed to Givex, in relation to any of Merchant’s accounts with Givex on demand. Merchant’s failure to pay amounts owed to Givex under this Terms and Conditions, the Processor Terms, Payment Card Networks and/or any applicable law, is a breach, and Merchant will be liable for any costs Givex, Processor and/or the Payment Card Networks incur during collection in addition to the amount
