Common use of CONSUMER CREDIT INQUIRIES Clause in Contracts

CONSUMER CREDIT INQUIRIES. A credit report may be made in connection with this Application and Agreement. Merchant and the individuals signing this Agreement on behalf of the Merchant, including any Guarantors, authorize BASE COMMERCE, or any credit bureau or any credit reporting agency employed by BASE COMMERCE or any agents of BASE COMMERCE to investigate the references provided or any other statements or data obtained from the Merchant, or any of the above principals, for the purpose of this Application and Agreement. Merchant also authorizes BASE COMMERCE to obtain additional credit reports regarding Merchant on an annual basis, unless BASE COMMERCE, in its sole and absolute discretion, determines that it is necessary for BASE COMMERCE to periodically obtain Merchant’s credit report on a more than annual basis, in which case Merchant authorizes BASE COMMERCE to obtain such additional credit reports. Notwithstanding anything in this paragraph, Merchant authorizes BASE COMMERCE to obtain a credit report regarding Merchant if Merchant requests increased processing amounts or parameters, or if Merchant originates sporadic transactional volume.

CONSUMER CREDIT INQUIRIES. A credit report may be made in connection with this Application and Agreement. Merchant and the individuals signing this Agreement on behalf of the Merchant, including any Guarantors, authorize BASE CHECK COMMERCE, or any credit bureau or any credit reporting agency employed by BASE CHECK COMMERCE or any agents of BASE CHECK COMMERCE to investigate the references provided or any other statements or data obtained from the Merchant, or any of the above principals, for the purpose of this Application and Agreement. Merchant also authorizes BASE CHECK COMMERCE to obtain additional credit reports regarding Merchant on an annual basis, unless BASE CHECK COMMERCE, in its sole and absolute discretion, determines that it is necessary for BASE CHECK COMMERCE to periodically obtain Merchant’s credit report on a more than annual basis, in which case Merchant authorizes BASE CHECK COMMERCE to obtain such additional credit reports. Notwithstanding anything in this paragraph, Merchant authorizes BASE CHECK COMMERCE to obtain a credit report regarding Merchant if Merchant requests increased processing amounts or parameters, or if Merchant originates sporadic transactional volume.