Payment intermediary. Customer acknowledges and agrees that its access to the Services is subject to Reseller paying fees owed for the Services on Customer’s behalf. In the event that Reseller fails to pay fees owed in a timely fashion and does not cure such failure within thirty (30) days of written notice from LogicMonitor to Reseller (with a copy provided to Customer), LogicMonitor shall have the right to terminate this Agreement or suspend Customer’s access thereto until payment is received; provided, that, if Reseller’s failure to pay fees owed is not the fault of Customer, LogicMonitor shall cooperate in good faith with Customer to transition to an alternative reseller or to a direct purchase model without interruption in the Service.
Payment intermediary settlement system or person, who in accord with the Paying bank or bank of the beneficiary participates in making the transfer.
Payment intermediary. You acknowledge that LANDMARK is not a bank. The Service is regarded as a use of your Payment Account under Singapore law. The funds in your Payment Account is not a deposit, and your account is not a bank account. Funds held by LANDMARK in your Payment Account are not insured deposits for the purposes of the Deposit Insurance and Policy Owners Protection Schemes Act (Cap. 77B of Singapore).