Fee Adjustment. The Fees for Services may be adjusted by ISXPay upon 30 days' notice: i. if the actual volume or average Transaction size are not as expected or otherwise represented by you in your Application over a period of at least 60 days; ii. if you significantly alter your method of doing business; iii. to account for any Additional Services or the provision for enhanced or modified Terminals; or iv. to reflect any increases in associated costs by Card Schemes, government or regulatory bodies (such as in the case of interchange, assessments, taxes and other fees), or to pass through increases charged by third parties for on-line communications and similar items. v. ISXPay may also increase the Fees for any other reason by notifying you in writing 60 days prior to the effective date of any such change, in which case your rights to Terminate without penalty may apply. vi. ISXPay may charge additional fees for responding to specific requests from you for assistance such as providing extra statements, investigations of account activity requested by you, fees associated with dishonoured payments and fulfilling privacy requests. These additional fees may be charged on a time and materials basis or based on the cost of fulfilling such requests averaged across all merchants and represent additional work required to manage your account with ISXPay in respect of these requests, which are not part of the Services provided under this Agreement.
Appears in 3 contracts
Samples: Merchant Agreement, Merchant Agreement, Merchant Agreement
Fee Adjustment. (a) The Fees for Services may be adjusted by ISXPay upon 30 days' notice:
i. if the actual volume or average Transaction size are not as expected or otherwise represented by you in your Application over a period of at least 60 days;
ii. if you significantly alter your method of doing business;
iii. to account for any Additional Services or the provision for enhanced or modified Terminals; or
iv. to reflect any increases in associated costs by Card Schemes, government or regulatory bodies (such as in the case of interchange, assessments, taxes and other fees), or to pass through increases charged by third parties for on-on- line communications and similar items.
v. (b) ISXPay may also increase the Fees for any other reason by notifying you in writing 60 30 days prior to the effective date of any such change, in which case your rights to Terminate without penalty may apply.
vi. (c) ISXPay may charge additional fees for responding to specific requests from you for assistance such as providing extra statements, investigations of account activity requested by you, fees associated with dishonoured payments and fulfilling privacy requests. These additional fees may be charged on a time and materials basis or based on the cost of fulfilling such requests averaged across all merchants and represent additional work required to manage your account with ISXPay in respect of these requests, which are not part of the Services provided under this Agreement.
Appears in 1 contract
Samples: Merchant Agreement
Fee Adjustment. (a) The Fees for Services may be adjusted by ISXPay upon 30 days' notice:
i. if the actual volume or average Transaction size are not as expected or otherwise represented by you in your Application over a period of at least 60 days;
ii. if you significantly alter your method of doing business;
iii. to account for any Additional Services or the provision for enhanced or modified Terminals; or
iv. to reflect any increases in associated costs by Card Schemes, government or regulatory bodies (such as in the case of interchange, assessments, taxes and other fees), or to pass through increases charged by third parties for on-line communications and similar items.
v. (b) ISXPay may also increase the Fees for any other reason by notifying you in writing 60 30 days prior to the effective date of any such change, in which case your rights to Terminate without penalty may apply.
vi. (c) ISXPay may charge additional fees for responding to specific requests from you for assistance such as providing extra statements, investigations of account activity requested by you, fees associated with dishonoured payments and fulfilling privacy requests. These additional fees may be charged on a time and materials basis or based on the cost of fulfilling such requests averaged across all merchants and represent additional work required to manage your account with ISXPay in respect of these requests, which are not part of the Services provided under this Agreement.
Appears in 1 contract
Samples: Merchant Agreement