Common use of COMPLIANCE AND DISCLOSURE OF INFORMATION Clause in Contracts

COMPLIANCE AND DISCLOSURE OF INFORMATION. Merchant shall provide such information and certifications as SPS-EFT may reasonably require from time to time to determine Merchant’s compliance with the terms and conditions of this Agreement and applicable law. Merchant further agrees to produce and make available for inspection by SPS-EFT or its officers, agents, attorneys, accountants, or representatives, such books and records of Merchant as SPS-EFT may deem reasonably necessary to be adequately informed of the business and financial condition of Merchant, or the ability of Merchant to observe or perform its obligations to SPS-EFT pursuant to this Agreement. Merchant further agrees to provide to SPS-EFT from time to time such information including, but not limited to, credit reports, personal and/or business financial statements, income tax returns, or other such information as SPS-EFT may request. Merchant grants to SPS-EFT continuing authority to conduct credit checks and background investigations and inquiries concerning Merchant and Merchant’s owner(s) including, but not limited to, character and business references and the financial condition of Merchant and Merchant’s owner(s). Merchant expressly authorizes SPS-EFT or its agents, attorneys, accountants, and representatives to provide and receive such information from any and all third parties directly, without further consent or authorization on the part of Merchant.

Appears in 7 contracts

Samples: Merchant Processing Agreement, Merchant Processing Agreement, Merchant Processing Agreement

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COMPLIANCE AND DISCLOSURE OF INFORMATION. Merchant shall provide such information and certifications as SPS-EFT may reasonably require from time to time to determine Merchant’s compliance with the terms and conditions of this Agreement and applicable law. Merchant Xxxxxxxx further agrees to produce and make available for inspection by SPS-EFT or its officers, agents, attorneys, accountants, or representatives, such books and records of Merchant as SPS-EFT may deem reasonably necessary to be adequately informed of the business and financial condition of Merchant, or the ability of Merchant to observe or perform its obligations to SPS-EFT pursuant to this Agreement. Merchant Xxxxxxxx further agrees to provide to SPS-EFT from time to time such information including, but not limited to, credit reports, personal and/or business financial statements, income tax returns, or other such information as SPS-EFT may request. Merchant grants to SPS-EFT continuing authority to conduct credit checks and background investigations and inquiries concerning Merchant and MerchantXxxxxxxx’s owner(s) including, but not limited to, character and business references and the financial condition of Merchant and MerchantXxxxxxxx’s owner(s). Merchant expressly authorizes SPS-EFT or its agents, attorneys, accountants, and representatives to provide and receive such information from any and all third parties directly, without further consent or authorization on the part of Merchant.

Appears in 3 contracts

Samples: Merchant Processing Agreement, Merchant Processing Agreement, Merchant Processing Agreement

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