Common use of Reserve, Hold/Pending and other Protective Actions Clause in Contracts

Reserve, Hold/Pending and other Protective Actions. 8.1. We or the Member shall be entitled to withhold and keep as a Reserve, securing performance by the Client of Client’s obligations under this Agreement and the applicable laws and Regulations, a sum equal to the amount of a whole or part of any type of transaction/s and/or a Reserve Percentage, as set in the online account of the Client for the Service and shown to the Client prior to entry into Agreement or in another Commercial Agreement (if applicable). The Reserve percentage is as a percentage of the amount of certain or all types of processed card transactions to be settled to the account. The Reserve percentage in case of use of myPOS Virtual or e-Commerce shall be 10% per default (unless otherwise agreed by the Parties when registering for the Service) from all myPOS Virtual or e-Commerce transactions. The Reserve percentage in case of use of MOTO or pre-authorizations or other risk transactions shall be 10% per default (unless otherwise agreed by the Parties when registering for the Service) from all card transactions to be settled to the account, including transactions of physical POS, virtual POS or e-commerce. The Reserve may be set in the online account of the Merchant for the Service. If the amount of the Reserve is depleted or diminished for some reasons, we shall be entitled to withhold amounts from all types of credit transactions to the account of the Client, to replenish the amount of the Reserve or Hold. The reserved amounts will be reserved by us for a period up to 1 (one) year after authorization of the transaction or a longer period if this is necessary for the protection of our legal interests. All such reserved sums will be displayed in Client online account for the Service as Reserve or Reserved. Such amounts do not represent electronic money and the client may not use, redeem or buy back them until the reserve period elapses and the amounts are credited to the Client’s balance of e- money. The funds will be withheld with operation Withhold Reserve and shall be released with operation Release Reserve. The release of the respective reserved amounts shall be performed once per day or at other time intervals, at the end of the Business day.

Reserve, Hold/Pending and other Protective Actions. 8.15.1. We or the Member shall be entitled to withhold and keep as a Reserve, securing performance by the Client of Client’s obligations under this Agreement and the applicable laws and Regulations, a sum equal to the amount of a whole or part of any type of transaction/s and/or a Reserve Percentage, as set in the online account of the Client for the Service and shown to the Client prior to entry into Agreement or in another Commercial Agreement (if applicable). The Reserve percentage is as a percentage of the amount of certain or all types of processed card transactions to be settled to the account. The Reserve percentage in case of use of myPOS Virtual or e-Commerce shall be 10% per default (unless otherwise agreed by the Parties when registering for the Service) from all myPOS Virtual or e-Commerce transactions. The Reserve percentage in case of use of MOTO or pre-pre- authorizations or other risk transactions shall be 10% per default (unless otherwise agreed by the Parties when registering for the Service) from all card transactions to be settled to the account, including transactions of physical POS, virtual POS or e-e- commerce. The Reserve may be set in the online account of the Merchant for the Service. If the amount of the Reserve is depleted or diminished for some reasons, we shall be entitled to withhold amounts from all types of credit transactions to the account of the Client, to replenish the amount of the Reserve or Hold. The reserved amounts will be reserved by us for a period up to 1 (one) year after authorization of the transaction or a longer period if this is necessary for the protection of our legal interests. All such reserved sums will be displayed in Client online account for the Service as Reserve or Reserved. Such amounts do not represent electronic money and the client may not use, redeem or buy back them until the reserve period elapses and the amounts are credited to the Client’s balance of e- e-money. The funds will be withheld with operation Withhold Reserve and shall be released with operation Release Reserve. The release of the respective reserved amounts shall be performed once per day or at other time intervals, at the end of the Business day.

Reserve, Hold/Pending and other Protective Actions. 8.1. 8.1 We or the Member shall be entitled to withhold and keep as a Reserve, Reserve acquired Client’s funds for securing the performance by of the Client of Client’s obligations under this Agreement and the applicable laws and Regulations, a sum equal to the amount of a whole or part of any type of transaction/s and/or a Reserve Percentage, as set in the online account of the Client for the Service and shown to the Client prior to entry into Agreement or in another Commercial Agreement (if applicable)laws. The Reserve percentage is as shall be a percentage (“Reserve Percentage”) of the amount of the processed card transaction that is settled to the account of the Merchant. The Reserve may be applied by us to certain or to all types of card transactions, which may include myPOS Online, MOTO, card present, but not only. The Reserve Percentage that is applied to processed card transactions to be settled may vary between 10% and 30 % or even higher percentage on the basis of risk factors related to the accountClient. The We reserve our right to determine lower or higher Reserve percentage in case of use of myPOS Virtual or e-Commerce shall be 10% per default (unless otherwise agreed by the Parties when registering for the Service) from all myPOS Virtual or e-Commerce transactions. The Reserve percentage in case of use of MOTO or pre-authorizations or other risk transactions shall be 10% per default (unless otherwise agreed by the Parties when registering for the Service) from all card transactions to be settled to the account, including transactions of physical POS, virtual POS or e-commercePercentage at any time as specified below. The Reserve may be set in the online account of the Merchant for the Service. If the amount of the Reserve is depleted or diminished for some reasons, we shall be entitled to withhold amounts from all types of credit transactions to the account of the Client, to replenish the amount of the Reserve or HoldReserve. The reserved amounts withheld by us as a Reserve will be reserved kept by us for a period up to 1 6 (onesix) year months after authorization of the card transaction which is processed or for a longer period if this is necessary for the protection of our legal interests. All such reserved sums amounts kept by us as a Reserve will be displayed in Client online account the Client’s Online Profile for the Service as Reserve or ReservedService. Such amounts do not represent electronic money and the client may not use, redeem or buy back them until the reserve period elapses and the amounts are credited to the Client’s balance of e- e-money. The funds will be withheld with operation Withhold Reserve and shall be released with operation Release Reserve. The release of the respective reserved amounts shall be performed once per day or at other time intervals, at the end of the Business dayDay.

Reserve, Hold/Pending and other Protective Actions. 8.15.1. We or the Member shall be entitled to withhold and keep as a Reserve, Reserve acquired Client’s funds for securing the performance by of the Client of Client’s obligations under this Agreement and the applicable laws and Regulations, a sum equal to the amount of a whole or part of any type of transaction/s and/or a Reserve Percentage, as set in the online account of the Client for the Service and shown to the Client prior to entry into Agreement or in another Commercial Agreement (if applicable). The Reserve is percentage is as a percentage (“Reserve Percentage”) of the amount of the processed card transactions that is settled to the account of the Merchant. The Reserve may be applied by us to certain or to all types of card transactions, which may include myPOS Online, MOTO, card present, but not only. The Reserve Percentage that is applied to processed card transactions to be settled may vary between 10% and 30 % or even higher percentage on the basis of risk factors related to the accountClient. The We reserve our right to determine lower or higher Reserve percentage in case of use of myPOS Virtual or e-Commerce shall be 10% per default (unless otherwise agreed by the Parties when registering for the Service) from all myPOS Virtual or e-Commerce transactions. The Reserve percentage in case of use of MOTO or pre-authorizations or other risk transactions shall be 10% per default (unless otherwise agreed by the Parties when registering for the Service) from all card transactions to be settled to the account, including transactions of physical POS, virtual POS or e-commercePercentage at any time as specified below. The Reserve may be set in the online account of the Merchant for the Service. If the amount of the Reserve is depleted or diminished for some reasons, we shall be entitled to withhold amounts from all types of credit transactions to the account of the Client, to replenish the amount of the Reserve or HoldReserve. The reserved amounts withheld by us as a Reserve will be reserved kept by us for a period up to 1 6 (onesix) year months after authorization of the card transaction which is processed or for a longer period if this is necessary for the protection of our legal interests. All such reserved sums amounts kept by us as a Reserve will be displayed in Client online account for the Service as Reserve or ReservedService. Such amounts do not represent electronic money and the client may not use, redeem or buy back them until the reserve period elapses and the amounts are credited to the Client’s balance of e- e-money. The funds will be withheld with operation Withhold Reserve and shall be released with operation Release Reserve. The release of the respective reserved amounts shall be performed once per day or at other time intervals, at the end of the Business day.

Reserve, Hold/Pending and other Protective Actions. 8.1. We or the Member shall be entitled to withhold and keep as a Reserve, Reserve acquired Client’s funds for securing the performance by the Client of Client’s obligations to us under this Agreement and to the Third-party Acquirer under the Temporary Merchant Agreement with iCARD, and the applicable laws and Regulations, a sum equal to the amount of a whole or part of any type of transaction/s and/or a Reserve Percentage, as set in the online account of the Client for the Service and shown to the Client prior to entry into Agreement or in another Commercial Agreement (if applicable). The Reserve percentage is as shall be a percentage (“Reserve Percentage”) of the amount of certain or all types of the processed card transactions to be transaction that is settled to the account. The Reserve percentage in case account of use of myPOS Virtual or e-Commerce shall be 10% per default (unless otherwise agreed by the Parties when registering for the Service) from all myPOS Virtual or e-Commerce transactions. The Reserve percentage in case of use of MOTO or pre-authorizations or other risk transactions shall be 10% per default (unless otherwise agreed by the Parties when registering for the Service) from all card transactions to be settled to the account, including transactions of physical POS, virtual POS or e-commerceMerchant. The Reserve may be set applied by us to certain or to all types of card transactions, which may include the myPOS Online Acceptance Features, card present, but not only. The Reserve Percentage that is applied to processed card transactions may vary between 10% and 30 % or even higher percentage on the basis of risk factors related to the Client. We reserve our right to determine lower or higher Reserve Percentage at any time as specified below. The Reserve may be seen in the online account of the Merchant for the ServiceOnline Profile. If the amount of the Reserve is depleted or diminished for some reasons, we shall be entitled to withhold amounts from all types of credit transactions to the account of the Client, to replenish the amount of the Reserve or HoldReserve. The reserved amounts withheld by us as a Reserve will be reserved kept by us for a period up to 1 6 (onesix) year months after authorization authorisation of the card transaction which is processed or for a longer period if this is necessary for the protection of our legal interests. All such reserved sums amounts kept by us as a Reserve will be displayed in Client online account for the Service as Reserve or ReservedOnline Profile. Such amounts do not represent electronic money and the client may not use, redeem or buy back them until the reserve period elapses and the amounts are credited to the Client’s balance of e- money. The funds will be withheld with operation Withhold Reserve and shall be released with operation Release Reserve. The release of the respective reserved amounts shall be performed once per day or at other time intervals, at the end of the Business dayDay.

Reserve, Hold/Pending and other Protective Actions. 8.1. We or the Member shall be entitled to withhold and keep as a Reserve, Reserve acquired Client’s funds for securing the performance by of the Client of Client’s obligations to us under this Agreement and to the Third-party Acquirer under the Temporary Merchant Agreement with iCard, and the applicable laws and Regulations, a sum equal to the amount of a whole or part of any type of transaction/s and/or a Reserve Percentage, as set in the online account of the Client for the Service and shown to the Client prior to entry into Agreement or in another Commercial Agreement (if applicable). The Reserve percentage is as shall be a percentage (“Reserve Percentage”) of the amount of the processed card transaction that is settled to the account of the Merchant. The Reserve may be applied by us to certain or to all types of card transactions, which may include myPOS Online card present, but not only. The Reserve Percentage that is applied to processed card transactions to be settled may vary between 10% and 30 % or even higher percentage on the basis of risk factors related to the accountClient. The We reserve our right to determine lower or higher Reserve percentage in case of use of myPOS Virtual or e-Commerce shall be 10% per default (unless otherwise agreed by the Parties when registering for the Service) from all myPOS Virtual or e-Commerce transactions. The Reserve percentage in case of use of MOTO or pre-authorizations or other risk transactions shall be 10% per default (unless otherwise agreed by the Parties when registering for the Service) from all card transactions to be settled to the account, including transactions of physical POS, virtual POS or e-commercePercentage at any time as specified below. The Reserve may be set in the online account of the Merchant for the Service. If the amount of the Reserve is depleted or diminished for some reasons, we shall be entitled to withhold amounts from all types of credit transactions to the account of the Client, to replenish the amount of the Reserve or HoldReserve. The reserved amounts withheld by us as a Reserve will be reserved kept by us for a period up to 1 6 (onesix) year months after authorization authorisation of the card transaction which is processed or for a longer period if this is necessary for the protection of our legal interests. All such reserved sums amounts kept by us as a Reserve will be displayed in Client online account for the Service as Reserve or ReservedService. Such amounts do not represent electronic money and the client may not use, redeem or buy back them until the reserve period elapses and the amounts are credited to the Client’s balance of e- e-money. The funds will be withheld with operation Withhold Reserve and shall be released with operation Release Reserve. The release of the respective reserved amounts shall be performed once per day or at other time intervals, at the end of the Business dayDay.