Effective Date and Term of Agreement. (a) The Lease Agreement becomes effective on the earlier of the date BANK delivers any piece of Equipment to MERCHANT (the “Delivery Date”) or acceptance by BANK. This Lease Agreement remains in effect until all of MERCHANT’S obligations and all of BANK’S obligations under it have been satisfied. BANK will deliver the Equipment to the site designated by MERCHANT. (b) The term of this Lease Agreement begins on a date designated by BANK after receipt of all required documentation and acceptance by BANK (“the Commencement Date”), and continues for the number of months indicated on the Equipment Lease Agreement. THIS IS A NON-CANCELABLE LEASE FOR THE TERM INDICATED. (c) MERCHANT agrees to pay an Interim Lease Payment in the amount of one-thirtieth (1/30th) of the monthly lease charge for each day from and including the Delivery Date until the date preceding the Commencement Date. (d) MERCHANT ACKNOWLEDGES THAT THE EQUIPMENT AND/OR SOFTWARE LEASED UNDER THIS LEASE AGREEMENT MAY NOT BE COMPATIBLE WITH ANOTHER PROCESSOR’S SYSTEMS AND THAT BANK DOES NOT HAVE ANY OBLIGATION TO MAKE SUCH SOFTWARE AND/OR AND OR EQUIPMENT COMPATIBLE IN THE EVENT THAT MERCHANT ELECTS TO USE ANOTHER SERVICE PROVIDER. UPON TERMINATION OF THIS MERCHANT PROCESSING AGREEMENT MERCHANT ACKNOWLEDGES THAT EQUIPMENT AND/OR SOFTWARE LEASED UNDER THIS AGREEMENT MAY NOT BE ABLE TO BE USED WITH SAID SERVICE PROVIDER.
Appears in 3 contracts
Samples: Merchant Payment Card Agreement, Merchant Payment Card Agreement, Merchant Payment Card Agreement
Effective Date and Term of Agreement. (a) The Lease Agreement becomes effective on the earlier of the date BANK delivers any piece of Equipment to MERCHANT (the “Delivery Date”) or acceptance by BANK. This Lease Agreement remains in effect until all of MERCHANT’S obligations and all of BANK’S obligations under it have been satisfied. BANK will deliver the Equipment to the site designated by MERCHANT.
(b) The term of this Lease Agreement begins on a date designated by BANK after receipt of all required documentation and acceptance by BANK (“the Commencement Date”), and continues for the number of months indicated on the Equipment Lease Agreement. THIS IS A NON-CANCELABLE NON‐CANCELABLE LEASE FOR THE TERM INDICATED.
(c) MERCHANT agrees to pay an Interim Lease Payment in the amount of one-thirtieth one‐thirtieth (1/30th) of the monthly lease charge for each day from and including the Delivery Date until the date preceding the Commencement Date.
(d) MERCHANT ACKNOWLEDGES THAT THE EQUIPMENT AND/OR SOFTWARE LEASED UNDER THIS LEASE AGREEMENT MAY NOT BE COMPATIBLE WITH ANOTHER PROCESSOR’S SYSTEMS AND THAT BANK DOES NOT HAVE ANY OBLIGATION TO MAKE SUCH SOFTWARE AND/OR AND OR EQUIPMENT COMPATIBLE IN THE EVENT THAT MERCHANT ELECTS TO USE ANOTHER SERVICE PROVIDER. UPON TERMINATION OF THIS MERCHANT PROCESSING AGREEMENT MERCHANT ACKNOWLEDGES THAT EQUIPMENT AND/OR SOFTWARE LEASED UNDER THIS AGREEMENT MAY NOT BE ABLE TO BE USED WITH SAID SERVICE PROVIDER.
Appears in 2 contracts
Samples: Merchant Payment Card Agreement, Merchant Payment Card Application/Agreement
Effective Date and Term of Agreement. (a) The This Lease Agreement becomes effective on the earlier of the date BANK delivers we deliver any piece of FD Equipment to MERCHANT you (the “Delivery Date”) or acceptance by BANKthe date you sign the Merchant Application. This Lease Agreement remains in effect until all of MERCHANT’S your obligations and all of BANK’S our obligations under it have been satisfied. BANK We will deliver arrange for the delivery of the FD Equipment to the site designated by MERCHANTyou.
(b) The term of this Lease Agreement begins on a date designated by BANK us after receipt of all required documentation and acceptance by BANK us (the “the Commencement Date”), and continues for the number of months indicated on the Equipment Lease Agreement. THIS IS A NON-CANCELABLE LEASE FOR THE TERM INDICATED.
(c) MERCHANT agrees You agree to pay an Interim Lease Payment interim lease payment in the amount of one-thirtieth (1/30th) of the monthly lease charge for each day from and including the Delivery Date until the date preceding the Commencement Date.
(d) MERCHANT ACKNOWLEDGES YOU ACKNOWLEDGE THAT THE EQUIPMENT AND/OR SOFTWARE LEASED YOU LEASE UNDER THIS LEASE AGREEMENT MAY NOT BE COMPATIBLE WITH ANOTHER PROCESSOR’S SYSTEMS AND THAT BANK DOES THATWE DO NOT HAVE ANY OBLIGATION TO MAKE SUCH SOFTWARE ANDSOFTWAREAND/OR AND OR EQUIPMENT COMPATIBLE IN THE EVENT THAT MERCHANT ELECTS TO YOU ELECTTO USE ANOTHER SERVICE PROVIDER. UPON TERMINATION OF THIS OFYOUR MERCHANT PROCESSING AGREEMENT MERCHANT ACKNOWLEDGES THAT EQUIPMENT AND/OR SOFTWARE LEASED UNDER THIS AGREEMENT YOU ACKNOWLEDGETHAT YOU MAY NOT BE ABLE TO BE USED USE THE EQUIPMENT AND/ORSOFTWARE LEASED UNDER THIS LEASE AGREEMENT WITH SAID SERVICE SAIDSERVICE PROVIDER.
Appears in 2 contracts
Samples: Merchant Agreement, Merchant Agreement
Effective Date and Term of Agreement. (a) The Lease Agreement becomes effective on the earlier of the date BANK delivers SERVICE PROVIDERS deliver any piece of Equipment to MERCHANT (the “Delivery Date”) or acceptance by BANKSERVICE PROVIDERS. This Lease Agreement remains in effect until all of MERCHANT’S obligations and all of BANK’S SERVICE PROVIDERS’ obligations under it have been satisfied. BANK SERVICE PROVIDERS will deliver the Equipment to the site designated by MERCHANT.
(b) The term of this Lease Agreement begins on a date designated by BANK SERVICE PROVIDERS after receipt of all required documentation and acceptance by BANK SERVICE PROVIDERS (“the Commencement Date”), and continues for the number of months indicated on the Equipment Lease Agreement. THIS IS A NON-CANCELABLE NON-•CANCELABLE LEASE FOR THE TERM INDICATED.
(c) MERCHANT agrees to pay an Interim Lease Payment in the amount of one-thirtieth one-•thirtieth (1/30th) of the monthly lease charge for each day from and including the Delivery Date until the date preceding the Commencement Date.
(d) MERCHANT ACKNOWLEDGES THAT THE EQUIPMENT AND/OR SOFTWARE LEASED UNDER THIS LEASE AGREEMENT MAY NOT BE COMPATIBLE WITH ANOTHER PROCESSOR’S SYSTEMS AND THAT BANK DOES SERVICE PROVIDERS DO NOT HAVE ANY OBLIGATION TO MAKE SUCH SOFTWARE AND/OR AND OR EQUIPMENT COMPATIBLE IN THE EVENT THAT MERCHANT ELECTS TO USE ANOTHER SERVICE PROVIDER. UPON TERMINATION OF THIS MERCHANT PROCESSING AGREEMENT MERCHANT ACKNOWLEDGES THAT EQUIPMENT AND/OR SOFTWARE LEASED UNDER THIS AGREEMENT MAY NOT BE ABLE TO BE USED WITH SAID SERVICE PROVIDER.
Appears in 2 contracts
Samples: Merchant Application and Agreement, Merchant Application and Agreement
Effective Date and Term of Agreement. (a) The Lease Agreement becomes effective on the earlier of the date BANK delivers any piece of Equipment to MERCHANT (the “Delivery Date”) or acceptance by BANK. This Lease Agreement remains in effect until all of MERCHANT’S MERCHANT‟S obligations and all of BANK’S BANK‟S obligations under it have been satisfied. BANK will deliver the Equipment to the site designated by MERCHANT.
(b) The term of this Lease Agreement begins on a date designated by BANK after receipt of all required documentation and acceptance by BANK (“the Commencement Date”), and continues for the number of months indicated on the Equipment Lease Agreement. THIS IS A NON-CANCELABLE LEASE FOR THE TERM INDICATED.
(c) MERCHANT agrees to pay an Interim Lease Payment in the amount of one-thirtieth (1/30th) of the monthly lease charge for each day from and including the Delivery Date until the date preceding the Commencement Date.
(d) MERCHANT ACKNOWLEDGES THAT THE EQUIPMENT AND/OR SOFTWARE LEASED UNDER THIS LEASE AGREEMENT MAY NOT BE COMPATIBLE WITH ANOTHER PROCESSOR’S PROCESSOR‟S SYSTEMS AND THAT BANK DOES NOT HAVE ANY OBLIGATION TO MAKE SUCH SOFTWARE AND/OR AND OR EQUIPMENT COMPATIBLE IN THE EVENT THAT MERCHANT ELECTS TO USE ANOTHER SERVICE PROVIDER. UPON TERMINATION OF THIS MERCHANT PROCESSING AGREEMENT MERCHANT ACKNOWLEDGES THAT EQUIPMENT AND/OR SOFTWARE LEASED UNDER THIS AGREEMENT MAY NOT BE ABLE TO BE USED WITH SAID SERVICE PROVIDER.
Appears in 1 contract
Samples: Merchant Payment Card Agreement
Effective Date and Term of Agreement. (a) The This Lease Agreement becomes effective on the earlier of the date BANK delivers we deliver any piece of FD Equipment to MERCHANT you (the “Delivery Date”) or acceptance by BANKthe date you sign the Merchant Application. This Lease Agreement remains in effect until all of MERCHANT’S your obligations and all of BANK’S our obligations under it have been satisfied. BANK We will deliver arrange for the delivery of the FD Equipment to the site designated by MERCHANTyou.
(b) The term of this Lease Agreement begins on a date designated by BANK us after receipt of all required documentation and acceptance by BANK us (the “the Commencement Date”), and continues con- tinues for the number of months indicated on the Equipment Lease Agreement. THIS IS A NON-CANCELABLE LEASE FOR THE TERM INDICATED.
(c) MERCHANT agrees You agree to pay an Interim Lease Payment interim lease payment in the amount of one-thirtieth (1/30th) of the monthly lease charge for each day from and including the Delivery Date until the date preceding the Commencement Date.
(d) MERCHANT ACKNOWLEDGES YOU ACKNOWLEDGE THAT THE EQUIPMENT AND/OR SOFTWARE LEASED YOU LEASE UNDER THIS LEASE AGREEMENT MAY NOT BE COMPATIBLE WITH ANOTHER PROCESSOR’S SYSTEMS AND THAT BANK DOES THATWE DO NOT HAVE ANY OBLIGATION TO MAKE SUCH SOFTWARE ANDSOFTWAREAND/OR AND OR EQUIPMENT COMPATIBLE IN THE EVENT THAT MERCHANT ELECTS TO YOU ELECTTO USE ANOTHER SERVICE PROVIDER. UPON TERMINATION OF THIS OFYOUR MERCHANT PROCESSING AGREEMENT MERCHANT ACKNOWLEDGES THAT EQUIPMENT AND/OR SOFTWARE LEASED UNDER THIS AGREEMENT YOU ACKNOWLEDGETHAT YOU MAY NOT BE ABLE TO BE USED USE THE EQUIPMENT AND/ORSOFTWARE LEASED UNDER THIS LEASE AGREEMENT WITH SAID SERVICE SAIDSERVICE PROVIDER.
Appears in 1 contract
Samples: Equipment Lease Agreement