Revoked Authorization Sample Clauses

Revoked Authorization. Merchant shall cease initiating Transactions to a Receiver’s account immediately upon receipt of any actual or constructive notice of that Receiver's termination or revocation of authority. Merchant may re-initiate Transactions to a Receiver’s account only upon receiving new authorization from Receiver.
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Revoked Authorization. AGENCY shall cease initiating Transactions to or from a Constituent’s account immediately upon receipt of any actual or constructive notice of a Constituent's termination or revocation of authorization. AGENCY may re-initiate Transactions to or from a Constituent’s account only upon receiving new Authorization from Constituent.
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