Funds Settlement. Transact, through its subcontractors, will complete its Transaction Processing and Funds Transfer settlement obligations by (i) collecting from Campus Cash Merchant accounts all applicable Merchant Discount Fees; (ii) paying the Royalty owed to Customer into Customer's account.
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Funds Settlement. Transact, through its subcontractorssubcontractor, will complete its Transaction Processing and Funds Transfer settlement obligations by (i) collecting transferring all Merchant Discount Fees from the Campus Cash Merchant accounts all applicable Merchant Discount Fees; (ii) paying to the Royalty owed to Customer into Customer's account.
Appears in 2 contracts