Common use of Processing Limits Clause in Contracts

Processing Limits. XXXXX may impose a cap on the number or dollar amount of Transactions it will process for Xxxxxxxx. 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 Xxxxxxxx’s account due to a Merchant exceeding its limits, FORTE will provide Merchant with notice of the hold, including the reason for the hold.

Appears in 5 contracts

Samples: Merchant Services Agreement, Merchant Services Agreement, Merchant Services Agreement

AutoNDA by SimpleDocs

Processing Limits. XXXXX FORTE may impose a cap on the number or dollar amount of Transactions it will process for XxxxxxxxMerchant. 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 XxxxxxxxMerchant’s account due to a Merchant exceeding its limits, FORTE will provide Merchant with notice of the hold, including the reason for the hold.

Appears in 4 contracts

Samples: Merchant Services Agreement, Merchant Services Agreement, Merchant Services Agreement

Processing Limits. XXXXX may impose a cap on the number or dollar amount of Transactions it will process for Xxxxxxxx. These limits may be adjusted as part of FORTE’s standard risk management processeschanged by FORTE from time to time, upon notice to Merchant and Merchant may submit a written request for limit changes. If Merchant exceeds the established limits, FORTE may temporarily suspend Transaction processing and/or or temporarily hold the funds that are in excess of the established limits. Should FORTE place a hold on Xxxxxxxx’s account due to a Merchant exceeding its limits, FORTE will provide Merchant with notice of the hold, including the reason for the hold.

Appears in 1 contract

Samples: Merchant Services Application and Agreement

AutoNDA by SimpleDocs

Processing Limits. XXXXX FORTE may impose a cap on the number or dollar amount of Transactions it will process for XxxxxxxxMerchant. These limits may be adjusted as part of changed by FORTE from time to time, upon notice to Merchant or, at FORTE’s standard risk management processessole discretion, upon a written request by Merchant. If Merchant exceeds the established limits, FORTE may temporarily suspend Transaction processing and/or or temporarily hold the funds that are in excess of the established limits. Should FORTE place a hold on Xxxxxxxx’s account due to a Merchant exceeding its limits, FORTE will provide Merchant with notice of the hold, including the reason for the hold.

Appears in 1 contract

Samples: Merchant Services Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!