Common use of Establishment and Authority Clause in Contracts

Establishment and Authority. You will establish and maintain with Bank and processor (or with an ACH- receiving depository institution acceptable to Bank) one or more commercial checking account(s) to facilitate payment for Card transactions (collectively, the “Merchant Account”). You will maintain sufficient funds in the Merchant Account to accommodate all transactions contemplated by this Agreement, including, without limitation, fees, fines, Chargebacks and any other amounts due from You to Processor or Bank pursuant to this Agreement. You irrevocably authorize Processor to (i) access the Merchant Account; (ii) deduct, offset, setoff, electronically debit or otherwise remove funds from the Merchant Account for Chargebacks or any fees, fines or penalties relating to Chargebacks in accordance with this Agreement or the Operating Regulations; (iii) deduct, offset, setoff, electronically debit or otherwise remove funds from the Merchant Account to pay, reimburse, or cover any funds owed to Processor or Bank, including, without limitation, funds owed for any fees, charges, penalties, Chargebacks, costs, or expenses, duty to defend, or indemnification obligations; and (iv) deduct, offset, setoff, electronically debit or otherwise remove funds from the Merchant Account to pay, reimburse, or cover any funds owed to Processor or Bank for any duty to defend or indemnification obligations owed under this Agreement. You also authorize vendors or agents of Processor or Bank to deduct, offset, setoff, debit or otherwise remove funds from the Merchant Account as appropriate or permitted under this Agreement. The authority provided under this Section will remain in effect for 2 years after termination of this Agreement, whether or not You have notified Processor of a change to the Merchant Account. You must obtain prior written consent from Processor to change a

Establishment and Authority. You will establish and maintain with Bank and processor (or with an ACH- receiving depository institution acceptable to Bank) one or more commercial checking account(s) to facilitate payment for Card transactions (collectively, the “Merchant Account”). You will maintain sufficient funds in the Merchant Account to accommodate all transactions contemplated by this Agreement, including, without limitation, fees, fines, Chargebacks and any other amounts due from You to Processor or Bank pursuant to this AgreementChargebacks. You irrevocably authorize Processor to (i) access the Merchant Account; (ii) deduct, offset, setoff, electronically debit or otherwise remove funds from the Merchant Account for Chargebacks or any fees, fines or penalties relating to Chargebacks in accordance with this Agreement or the Operating Regulations; (iii) deduct, offset, setoff, electronically debit or otherwise remove funds from the Merchant Account to pay, reimburse, or cover any funds owed to Processor or Bank, including, without limitation, funds owed for any fees, charges, penalties, Chargebacks, costs, or expenses, duty to defend, or indemnification obligations; and (iv) deduct, offset, setoff, electronically debit or otherwise remove funds from the Merchant Account to pay, reimburse, or cover any funds owed to Processor or Bank for any duty to defend or indemnification obligations owed under this Agreement. You also authorize vendors or agents of Processor or Bank to deduct, offset, setoff, debit or otherwise remove funds from the Merchant Account as appropriate or permitted under this Agreement. The authority provided under this Section will remain in effect for 2 years after termination of this Agreement, whether or not You have notified Processor of a change to the Merchant Account. You must obtain prior written consent from Processor to change a

Establishment and Authority. You will establish and maintain with Bank and processor (or with an ACH- ACH‐ receiving depository institution acceptable to Bank) one or more commercial checking account(s) to facilitate payment for Card transactions (collectively, the “Merchant Account”). You will maintain sufficient funds in the Merchant Account to accommodate all transactions contemplated by this Agreement, including, without limitation, fees, fines, Chargebacks and any other amounts due from You to Processor or Bank pursuant to this Agreement. You irrevocably authorize Processor to (i) access the Merchant Account; (ii) deduct, offset, setoff, electronically debit or otherwise remove funds from the Merchant Account for Chargebacks or any fees, fines or penalties relating to Chargebacks in accordance with this Agreement or the Operating Regulations; (iii) deduct, offset, setoff, electronically debit or otherwise remove funds from the Merchant Account to pay, reimburse, or cover any funds owed to Processor or Bank, including, without limitation, funds owed for any fees, charges, penalties, Chargebacks, costs, or expenses, duty to defend, or indemnification obligations; and (iv) deduct, offset, setoff, electronically debit or otherwise remove funds from the Merchant Account to pay, reimburse, or cover any funds owed to Processor or Bank for any duty to defend or indemnification obligations owed under this Agreement. You also authorize vendors or agents of Processor or Bank to deduct, offset, setoff, debit or otherwise remove funds from the Merchant Account as appropriate or permitted under this Agreement. The authority provided under this Section will remain in effect for 2 years after termination of this Agreement, whether or not You have notified Processor of a change to the Merchant Account. You must obtain prior written consent from Processor to change a

Establishment and Authority. You will establish and maintain with Bank and processor Processor (or with an ACH- receiving depository institution acceptable to Bank) one or more commercial checking account(s) to facilitate payment for Card transactions (collectively, the “Merchant Account”). You will maintain sufficient funds in the Merchant Account to accommodate all transactions contemplated by this Agreement, including, without limitationbut not limited to, fees, fines, Chargebacks and any other amounts due from You to Processor or Bank pursuant to this AgreementChargebacks. You irrevocably authorize Processor to (i) access the Merchant Account; (ii) deduct, offset, setoff, electronically debit or otherwise remove funds from the Merchant Account for Chargebacks or any fees, fines or penalties relating to Chargebacks in accordance with this Agreement or the Operating Regulations; (iii) deduct, offset, setoff, electronically debit or otherwise remove funds from the Merchant Account to pay, reimburse, or cover any funds owed to Processor or Bank, including, without limitation, funds owed for any fees, charges, penalties, Chargebacks, costs, or expenses, duty to defend, or indemnification obligations; and (iv) deduct, offset, setoff, electronically debit or otherwise remove funds from the Merchant Account to pay, reimburse, or cover any funds owed to Processor or Bank for any duty to defend or indemnification obligations owed under this AgreementthisAgreement. You also authorize vendors or agents of Processor or Bank to deduct, offset, setoff, debit or otherwise remove funds from the Merchant Account as appropriate or permitted under this Agreement. The authority provided under this Section 8 will remain in effect for 2 two years after termination of this Agreement, whether or not You have notified Processor of a change to the Merchant Account. You must obtain prior written consent from Processor to change a