Common use of Net Cash Balances Clause in Contracts

Net Cash Balances. Net Cash Balances shall earn interest at a rate equal to one and one half percent (1.5%) below the Prime Rate in effect from time to time. We may, in our sole discretion, remit to you, at any time, any amount standing to your credit on our books. You may, in your sole discretion, withdraw, at any time, any amount standing to your credit on our books.

Appears in 8 contracts

Samples: Collection Agency Agreement, Collection Agency Agreement (Steven Madden, Ltd.), Collection Agency Agreement (Steven Madden, Ltd.)

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