Common use of General Right to Withhold Settlement Funds Clause in Contracts

General Right to Withhold Settlement Funds. In addition to any other rights or remedies Acquirer and/or BlueSnap may have against Merchant, Acquirer and BlueSnap each reserve the right to retain or withhold settlement of any sums due to Merchant if: (i) Merchant fail to comply with the terms of this Agreement; (ii) in the circumstances listed in Clause 11(C) hereof; or (iii) termination event has occurred.

Appears in 3 contracts

Samples: Merchant Terms & Conditions, Merchant Terms & Conditions, Merchant Terms & Conditions

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General Right to Withhold Settlement Funds. In addition to any other rights or remedies Acquirer and/or BlueSnap may have against Merchant, Acquirer and BlueSnap each reserve the right to retain or withhold settlement of any sums due to Merchant if: (ia) Merchant fail to comply with the terms of this Agreement; (iib) in the circumstances listed in Clause 11(C11(c) hereof; or (iiic) termination event has occurred.

Appears in 3 contracts

Samples: Merchant Terms & Conditions, Merchant Terms & Conditions, Merchant Terms & Conditions

AutoNDA by SimpleDocs

General Right to Withhold Settlement Funds. In addition to any other rights or remedies Acquirer and/or BlueSnap may have against Merchant, Acquirer and BlueSnap each reserve the right to retain or withhold settlement of any sums due to Merchant if: (i) Merchant fail to comply with the terms of this Agreement; (ii) in the circumstances listed in Clause 11(C11(c) hereof; or (iii) termination event has occurred.

Appears in 2 contracts

Samples: Merchant Terms & Conditions, Merchant Terms & Conditions

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