Monthly Volume and Average Ticket. 15.1. You represent that the estimated monthly volume of Sales Transactions (‘Monthly Volume”) and the estimated average Sales Transaction dollar amount (“ Average Ticket Amount”) appearing on the Merchant Application are each good faith estimates and that there is reasonable basis for each such estimate.
Monthly Volume and Average Ticket. In so far as Merchant represents that it reasonably anticipates a monthly Card sales volume and an average ticket amount as set forth at the end of this Agreement, any monthly volume in excess of
Monthly Volume and Average Ticket. Merchant represents that the estimated monthly volume of Sales Transactions (“Monthly Volume”) and the estimated average Sales Transaction amount (“Average Ticket Amount”) appearing on the Merchant Application are each good faith estimates and that there is a reasonable basis for each such estimate. Merchant acknowledges that any actual Monthly Volume or any actual Average Ticket Amount in excess of such estimates will cause Cornerstone to review Merchant’s file and that such review may result in delay in transmission of funds and possible interruption or termination of service. Either Cornerstone or Bank may withhold the payment of any amounts otherwise payable hereunder and may terminate this Agreement if the actual Monthly Volume or actual Average Ticket Amount materially exceeds such estimates.
