Merchant Financials. Upon receipt of a request from Processor or Bank, You, at your own expense, will provide quarterly and/or annual audited financial statements prepared in accordance with generally accepted accounting principles and such other financial information as Processor or Bank may reasonably request. Such information shall be provided as soon as possible following the request, but in no event more than thirty (30) days following such request.
Merchant Financials. Upon receipt of a request from Processor or Bank, You, at your own expense, will provide quarterly and/or annual audited financial statements prepared in accordance with generally accepted accounting principles and such other financial information as Processor or Bank may reasonably request. Such information shall be provided as soon as possible following the request, but in no event more than 30 days following such request. You agree to promptly review all statements, receipts, billing statements, bank statements, invoices and other documents containing fees, charges, Chargebacks, expenses, costs, amounts due, amounts payable or amounts held in reserve (together, “Invoices”) prepared by or for Processor and/or Bank and made available to You, whether in electronic or hard copy form, including, without limitation, Invoices available on the internet or provided pursuant to Processor’s on‐line reporting tools. You agree to carefully review all Invoices to identify any potential, claims, or actual incorrect, erroneous, inapplicable, excessive, inaccurate, or otherwise improper fees, costs, expenses, charges, costs, deductions, offsets, setoffs, amounts held or amounts paid (individually and collectively, “Errors”). Within sixty (60) days of any Invoices being made available to You, whether in hard copy or electronically, You shall inform Processor, in writing, of any Errors, including, without limitation, dispute regarding or objection to the propriety, amount, applicability, validity, excessiveness, accuracy, or appropriateness of any fee, cost, expense, charge, Chargeback, setoff, deduction, offset, amount held, or amount paid. YOU STIPULATE AND AGREE THAT ANY OBJECTION TO, DISPUTE ABOUT, OR CLAIM RELATING TO ANY FEE, COST, EXPENSE, CHARGE, CHARGEBACK, SETOFF, DEDUCTION, OFFSET, AMOUNT HELD, OR AMOUNT PAID, IS FULLY AND FINALLY RELEASED AND WAIVED UNLESS PROCESSOR RECEIVES THE OBJECTION, DISPUTE OR CLAIM, IN WRITING, WITHIN SIXTY (60) DAYS FROM THE DATE THE INVOICE IS MADE AVAILABLE TO YOU, EITHER IN HARD COPY OR ELECTRONIC FORM. THE OBJECTION, DISPUTE OR CLAIM MUST BE IN WRITING AND SHOULD BE SENT TO: DIRECTOR OF OPERATIONS, PAYROC PAYMENT SYSTEMS, LLC, 0000 XXXXXXXX XXXXX, XXXXXX XXXX, XX 00000, xxxxxxx@xxxxxx.xxx.
Merchant Financials. Upon receipt of a request from 2AP or Bank, you will provide quarterly and/or annual audited financial statements prepared in accordance with generally accepted accounting principles and such other financial information as 2AP or Bank may reasonably request. Such information shall be provided as soon as possible following the request, but in no event less than thirty (30) days following such request.
