Common use of Findings Letter Implementation Conditions Clause in Contracts

Findings Letter Implementation Conditions. Prior to the Effective Date of the Agreement, WFB will provide Company with a letter that summarizes the results of WFB’s due diligence site visit (the “Findings Letter”). The Findings Letter may include certain high risk issues or other implementation conditions that WFB will require to be remediated to WFB’s satisfaction before Company can begin providing Transaction Card Services to Merchant under the Agreement. WFB will begin assessing the Monthly Minimum Fee identified in Schedule 7.1 ninety (90) days after the Effective Date of the Agreement if Company has not remediated all high risk issues and other implementation conditions listed in the Findings Letter. [The remainder of this page has been intentionally left blank]

Appears in 2 contracts

Samples: Merchant Financial Services Agreement (Transfirst Holdings Corp.), Merchant Financial Services Agreement (Transfirst Holdings Corp.)

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Findings Letter Implementation Conditions. Prior to the Effective Date of the Agreement, WFB will provide Company with a letter that summarizes the results of WFB’s 's due diligence site visit (the “Findings Letter”). The Findings Letter may include certain high risk issues or other implementation conditions that WFB will require to be remediated to WFB’s 's satisfaction before Company can begin providing Transaction Card Services to Merchant under the Agreement. WFB will begin assessing the Monthly Minimum Fee identified in Schedule 7.1 ninety (90) days after the Effective Date of the Agreement if Company has not remediated all high risk issues and other implementation conditions listed in the Findings Letter. [The remainder of this page has been intentionally left blank].

Appears in 2 contracts

Samples: Sponsorship Agreement, Merchant Financial Services Agreement (Heartland Payment Systems Inc)

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