Fees Account. The Company will keep a bank account (Fees Account) and authorises First Data to debit the Fees Account in respect of any of the Company’s payment obligations. The Fees Account can be the same as the Settlement Account. The Company will execute a direct debit authority and will reimburse First Data for the amount of charges incurred as a result of any direct debit being rejected.
Appears in 8 contracts
Samples: Merchant Agreement General Terms, Merchant Agreement General Terms, Merchant Agreement General Terms
