Payment Settlement. The settlement account shall be each Customer’s designated funding account for all transactions. FIS shall charge the designated settlement account(s) for amounts owed to settle payments processed by FIS.
Appears in 2 contracts
Samples: Information Technology Services Agreement (Independent Bank Corp), Information Technology Services Agreement (Independent Bank Corp)
Payment Settlement. The settlement account shall be each Customer’s designated funding account for all xxxx payment transactions. FIS shall charge the designated settlement account(s) for amounts owed to settle payments processed by FIS.
Appears in 2 contracts
Samples: Information Technology Services Agreement, Information Technology Services Agreement (Bank of Marin Bancorp)
