Common use of Merchants Clause in Contracts

Merchants. EFS does not guarantee any Merchant’s timely application of payment when Customer uses any of the Services at such Merchant’s facilities, and EFS will not be liable for any late payment fees assessed or any disrupted services between such Merchant and Customer that may result in the event a Merchant fails to timely apply any amounts received from EFS to Customer’s account.

Appears in 2 contracts

Samples: Efs Master Services Agreement, Efs Master Services Agreement

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Merchants. EFS does not guarantee any Merchantmerchant’s timely application of payment when Customer uses any of the Services at such Merchantmerchant’s facilities, and EFS will not be liable for any late payment fees assessed or any disrupted services between such Merchant merchant and Customer that may result in the event a Merchant fails to timely apply any amounts received from EFS to Customer’s account. Customer understands that EFS notifies Merchant of Customer payment via email or facsimile as established during Customer Merchant set up. Customer is responsible to monitor payments and use the available online reporting to ensure their Merchants process payments accordingly.

Appears in 1 contract

Samples: Master Services Agreement

Merchants. EFS does not guarantee any Merchantmerchant’s timely application of payment when Customer Participant uses any of the Services at such Merchantmerchant’s facilities, and EFS will not be liable for any late payment fees assessed or any disrupted services between such Merchant merchant and Customer that may result in the event a Merchant fails to timely apply any amounts received from EFS to Customer’s accountmerchant.

Appears in 1 contract

Samples: www.sevenoakscapital.com

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Merchants. EFS does not guarantee any Merchantmerchant’s timely application of payment when Customer uses any of the Services at such Merchantmerchant’s facilities, and EFS will not be liable for any late payment fees assessed or any disrupted services between such Merchant merchant and Customer that may result in result. Customer understands that EFS notifies Merchant of Customer payment via email or facsimile as established during Customer Merchant set up. Customer is responsible to monitor payments and use the event a Merchant fails available online reporting to timely apply any amounts received from EFS to Customer’s account.ensure their Merchants process payments accordingly

Appears in 1 contract

Samples: www.tbsfactoring.com

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