Common use of Provisional Credits Clause in Contracts

Provisional Credits. Subject to the terms and conditions of the Merchant Agreement, Xxxx agrees to provisionally credit Merchant for each Transaction that Bank accepts from Merchant. Xxxxxxxx agrees that Bank may charge or debit the Settlement Account for the amount of any Transaction processed under the Merchant Agreement, or any agreement Bank may have with any Merchant Affiliate, that results in a Chargeback, or for any Credit Transaction Receipt or other reimbursement or Processing Fees or other Merchant obligation to which Bank may be entitled under the Merchant Agreement.

Provisional Credits. Subject to the terms and conditions of the this Merchant Agreement, Xxxx agrees to provisionally credit Merchant for each Transaction that Bank accepts from Merchant. Xxxxxxxx agrees that the Merchant Bank may charge or debit the Settlement Account for the amount of any Transaction processed under the this Merchant Agreement, or any agreement Bank may have with any Merchant Affiliate, Affiliate that results in a Chargeback, or for any Credit Transaction Receipt or other reimbursement or Processing Fees or other Merchant obligation to which Bank may be entitled under the Merchant Agreemententitled.