Processing Limits. FORTE may impose a cap on the number or dollar amount of Transactions it will process for Merchant. These limits may be adjusted as part of FORTE’s standard risk management processes. If Merchant exceeds the established limits, FORTE may temporarily suspend Transaction processing and/or temporarily hold the funds that are in excess of the established limits. Should FORTE place a hold on Merchant’s account due to a Merchant exceeding its limits, FORTE will provide Merchant with notice of the hold, including the reason for the hold.
Processing Limits. Servicers may limit the dollar amount of Sales Drafts that it will process for Merchant. This limit may be changed by Servicers from time to time with or without notice to Merchant. If Merchant exceeds the limit established by this Agreement, Servicers may suspend processing, charge overlimit fees, hold the funds over the cap and/or return to Merchant all Sales Drafts evidencing funds over the cap.
Processing Limits. We will assign a maximum dollar amount per sales ticket and an aggregate maximum dollar amount of Card and ACH transactions per calendar month. If certain Card processing volume thresholds are met by your use of the Services we may notify you that you must enter into an additional agreement with our sponsor bank.
Processing Limits. There are no monthly processing minimums, but Vantage will assign a maximum dollar amount per sales ticket and an aggregate maximum dollar amount of Card transactions per calendar month. Merchant may request to increase these limits, but any increase shall be at Vantage’s sole discretion. Vantage may also decrease such maximum amounts at any time, even if such amounts were previously authorized or increased. If Merchant submits one or more transactions which would cause Merchant to exceed any maximum set by Vantage, Vantage may at its sole discretion either: (a) process the transactions; (b) process the transactions but cause all or a portion of the proceeds of such transactions to be placed in a Reserve Account (defined below); or (c) return a decline code for each such transaction.
Processing Limits. We reserve the right to assign a maximum dollar amount (“Processing Limit”) per sales ticket and an aggregate maximum dollar amount of card and ACH transactions per calendar month to your account. If we assign a Processing Limit, we will communicate it to you in writing.
Processing Limits. Merchant’s “Approved Monthly Volume” for sales drafts is that monthly volume set forth in the Application or as otherwise set forth in the Merchant account approval letter from SPS to Merchant or as may be later changed by SPS from time to time upon notice to Merchant. If Merchant exceeds the Approved Monthly Volume, either in the aggregate or with respect to any “method of sale”: (i) SPS and Bank may suspend processing, hold the funds over the Approved Monthly Volume, and/or return all Sales Drafts evidencing funds over the Approved Monthly Volume to Merchant; and
Processing Limits. Meaning of the words we use Settlement The payment of amounts to be paid by us to you or by you to us. We may impose a limit on the total value of Transactions we will process for you over a period of time. Part 2 of the Merchant Specific Conditions indicates the total value of Transactions that you expect we will process in the first 12 months of this Agreement. We will review this limit and where we identify a need to amend the limit, we will do so. You can ask us to increase this limit. If you do this, we may ask you to provide suitable security under clause 26. You will also need to provide us reasonable notice that your total value of Transactions is reaching the limit. If you exceed an established limit, processing may be suspended and we may retain Settlement funds until a new limit is agreed, or we may amend the charges and fees payable by you under this Agreement.
Processing Limits. The Parties may set processing limits that will apply to your Relay Account as set forth in any applicable MSA. If you exceed your processing limit, Transactions may be denied as unauthorized, or you shall be invoiced for payment pursuant to these. To learn more about any processing limit applicable to your Relay Product, ask your Administrator or contact Relay Customer Service at 1-877-735-2910.
Processing Limits. Elavon may impose a limit on the aggregate dollar amount or individual dollar amount of Transactions that it will process for Company and may change the limit from time to time without prior notice to Company. If Company exceeds the established limit, Elavon may suspend the processing of Transactions in excess of the limit or may process Transactions in excess of the limit but hold the excess funds in a separate account or Reserve Account.
Processing Limits. IMS may limit the dollar amount of Sales Drafts that it will process for Merchant. This limit may be changed by IMS from time to time with or without notice to Merchant. If Merchant exceeds the limit established by this Agreement, IMS may suspend processing, charge overlimit fees, hold the funds over the cap and/or return to Merchant all Sales Drafts evidencing funds over the cap.
