Common use of Memberships in System Clause in Contracts

Memberships in System. Bank shall obtain and maintain its membership in each System and maintain all related licensing rights (“Membership”) at its sole expense, and shall timely pay all fees, dues, and assessments associated therewith. If a System elects to terminate Bank’s Membership for any reason, Bank shall give notice to Company promptly after it receives notice from such System.

Appears in 4 contracts

Samples: Marketing Agreement (Jackson Hewitt Tax Service Inc), Marketing Agreement (Jackson Hewitt Tax Service Inc), Marketing Agreement (Jackson Hewitt Tax Service Inc)

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Memberships in System. Bank shall obtain and maintain its membership in each System and maintain all related licensing rights (“Membership”) at its sole expenseexpense a principal license with each applicable System, and shall timely pay all fees, dues, and assessments associated therewith. Bank shall retain its Membership in System in good standing and shall abide in all material respects by all the rules and regulations applicable to Bank. If a System elects to terminate Bank’s 's Membership for any reason, Bank shall give notice to Company promptly Client as soon after it provides notice to or receives notice from such Systemthe System according to the Rules.

Appears in 3 contracts

Samples: Marketer Agreement (Trycera Financial, Inc.), Marketer Agreement (Trycera Financial, Inc.), Marketer Agreement (Trycera Financial, Inc.)

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