Common use of Minimum Balance Clause in Contracts

Minimum Balance. Merchant agrees to maintain a minimum balance of funds in the Settlement Account as Bank may specify to Merchant in writing from time to time.

Appears in 17 contracts

Samples: Merchant Card Processing Agreement, Merchant Card Processing Agreement, Merchant Card Processing Agreement

AutoNDA by SimpleDocs

Minimum Balance. Merchant agrees to maintain a minimum balance of funds in the Settlement Account as Merchant Bank may specify to Merchant in writing from time to time.

Appears in 2 contracts

Samples: Merchant Card Processing Agreement, Merchant Card Processing Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!