High Volume. MERCHANT agrees that in the event its annual charge volume for American Express Cards is greater than $1,000,000, then American Express may initiate the process of converting MERCHANT to an AXP Direct Merchant. Upon conversion MERCHANT shall be bound by American Express’ then- current Card Acceptance agreement and American Express will set pricing and other fees payable by the MERCHANT for American Express card acceptance.
Appears in 8 contracts
Sources: Merchant Payment Card Agreement, Merchant Payment Card Agreement, Merchant Payment Card Agreement
High Volume. MERCHANT agrees that in the event its annual charge volume for American Express Cards is greater than $1,000,000, then American Express may initiate the process of converting MERCHANT to an AXP Direct Merchant. Upon conversion MERCHANT shall be bound by American Express’ then- then-current Card Acceptance agreement and American Express will set pricing and other fees payable by the MERCHANT for American Express card acceptance.
Appears in 6 contracts
Sources: Merchant Payment Card Agreement, Merchant Payment Card Agreement, Merchant Agreement