Common use of FINANCIAL ACCOMMODATION Clause in Contracts

FINANCIAL ACCOMMODATION. The acquisition and processing of sales slips hereunder is a financial accommodation and, as such, in the event Merchant becomes a debtor in bankruptcy, this Card Services Agreement cannot be assumed or enforced, and Global Direct and Member shall be excused from performance hereunder.

Appears in 24 contracts

Samples: Card Services Agreement, Card Services Agreement, Card Services Agreement

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FINANCIAL ACCOMMODATION. The acquisition and processing of sales slips hereunder is a financial accommodation and, as such, in the event Merchant becomes a debtor in bankruptcy, this Card Services Agreement cannot be assumed or enforced, and Global Direct and Member shall be excused from performance hereunder.

Appears in 6 contracts

Samples: Merchant Service Agreement, Merchant Service Agreement, Merchant Service Agreement

FINANCIAL ACCOMMODATION. The acquisition and processing of sales slips hereunder is a financial accommodation and, as such, in the event Merchant becomes a debtor in bankruptcy, this FTD Credit Card Services Processing Agreement cannot be assumed or enforced, and FTD, Global Direct Direct, and Member Bank shall be excused from performance hereunder.

Appears in 2 contracts

Samples: FTD Credit Card Processing Agreement, Credit Card Processing Agreement

FINANCIAL ACCOMMODATION. The acquisition and processing of sales slips hereunder is a financial accommodation and, as such, in the event Merchant becomes a debtor in bankruptcy, this Card Services Agreement cannot be assumed or enforced, and Global Direct Direct, and Member shall be excused from performance hereunder.

Appears in 2 contracts

Samples: Card Services Agreement, Card Services Agreement

FINANCIAL ACCOMMODATION. The acquisition and processing of sales slips hereunder is a financial accommodation and, as such, in the event Merchant becomes a debtor in bankruptcy, this FTD Credit Card Services Processing Agreement cannot be assumed or enforced, and Global Direct FTD and Member Moneris shall be excused from performance hereunder.

Appears in 1 contract

Samples: FTD Credit Card Processing Agreement

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FINANCIAL ACCOMMODATION. The acquisition and processing of sales slips hereunder is a financial accommodation and, as such, in the event Merchant becomes a debtor in bankruptcy, this Card the Merchant Services Agreement cannot be assumed or enforced, and Global Direct and Member shall be excused from performance hereunder.

Appears in 1 contract

Samples: Merchant Services Agreement

FINANCIAL ACCOMMODATION. The acquisition and processing of sales slips hereunder is a financial accommodation and, as such, in the event if Merchant becomes a debtor in bankruptcy, this Card Services Agreement cannot be assumed or enforced, and Global Direct and Member shall be excused from performance hereunder.

Appears in 1 contract

Samples: Card Services Agreement

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