Hold Period. Cliq may hold the monies for a period established by Cliq pursuant to its underwriting of CLIENT. Upon the expiration of the Hold Period, Xxxx shall transfer the Collected Funds, less the Reserve Amount to the CLIENT Bank Account.
Appears in 5 contracts
Samples: Merchant Agreement, Merchant Agreement, Data Processing and Payment Collection Agreement
Hold Period. Cliq may hold the monies for a period established by Cliq pursuant to its underwriting of CLIENT. Upon the expiration of the Hold Period, Xxxx Cliq shall transfer the Collected Funds, less the Reserve Amount to the CLIENT Bank Account.
Appears in 1 contract
Samples: Merchant Agreement
