Common use of Processing Limits Clause in Contracts

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.

Appears in 7 contracts

Samples: Processing Agreement, Processing Agreement, Merchant Processing Agreement

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