Common use of High CV Merchants Clause in Contracts

High CV Merchants. If Xxxxxxxx has elected to accept American Express Cards, Merchant acknowledges that it may be converted from the OptBlue Program with MAS to a direct American Express Card acceptance relationship with American Express if and when it becomes a High CV Merchant pursuant to OptBlue Program eligibility requirements. Upon such conversion, (i) Merchant will be bound by American Express’ then-current card acceptance agreement; and (ii) American Express will set pricing and other fees payable by Merchant for American Express Card acceptance.

High CV Merchants. If Xxxxxxxx Merchant has elected to accept American Express Cards, Merchant acknowledges that it may be converted from the OptBlue Program with MAS to a direct American Express Card acceptance relationship with American Express if and when it becomes a High CV Merchant pursuant to OptBlue Program eligibility requirements. Upon such conversion, (i) Merchant will be bound by American Express’ then-current card acceptance agreement; and (ii) American Express will set pricing and other fees payable by Merchant for American Express Card acceptance.