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.
Appears in 11 contracts
Samples: Merchant Services Agreement, Merchant Services Agreement, Merchant Services Agreement
Revoked Authorization. Merchant shall cease initiating Transactions to a ReceiverConstituent’s account immediately upon receipt of any actual or constructive notice of that ReceiverConstituent's termination or revocation of authority. Merchant may re-initiate Transactions to a ReceiverConstituent’s account only upon receiving new authorization from ReceiverConstituent.
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