Common use of Holding Balance Clause in Contracts

Holding Balance. i. Funds, other than funds denominated in Euro, may be maintained in the Payment Account for a maximum period of seventy-five (75) days. The Account Holder shall be responsible for all risks (including without limitation, fluctuations in the value of currency held) associated with maintaining Holding Balances in one or more currencies.

Appears in 9 contracts

Samples: Payment Services Framework Contract, Payment Services Framework Contract, Payment Services Framework Contract

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