Common use of Security Fee Clause in Contracts

Security Fee. 11.1. NuPay may, in its sole discretion, insure and replace all Terminals (excluding Mobile Terminals) at a monthly fee (“Security Fee”) as set out in the NuPaySLAsignedby the Merchant’s duly authorized signatories. An administration and reinstallation fee as set out in the NuPay SLA signed by the Merchant’s duly authorized signatories, will be payable on the loss of anyTerminal.

Appears in 1 contract

Samples: mynupay.co.za

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Security Fee. 11.1. NuPay may, in its sole discretion, insure and replace all Terminals (excluding Mobile Terminals) at a monthly fee (“Security Fee”) as set out in the NuPaySLAsignedby NuPay SLA signed by the Merchant’s duly authorized signatories. An administration and reinstallation fee as set out in the NuPay SLA signed by the Merchant’s duly authorized signatories, will be payable on the loss of anyTerminalany Terminal.

Appears in 1 contract

Samples: www.nupaygo.com

Security Fee. 11.1. NuPay may, in its sole discretion, insure and replace all Terminals (excluding Mobile Terminals) at a monthly fee (“Security Fee”) as set out in the NuPaySLAsignedby NuPay SLA signed by the Merchant’s duly authorized signatories. An administration and reinstallation fee as set out in the NuPay SLA signed by the Merchant’s duly authorized signatories, will be payable on the loss of anyTerminalany Terminal.

Appears in 1 contract

Samples: mynupay.co.za

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Security Fee. 11.1. NuPay may, in its sole discretion, insure and replace all Terminals (excluding Mobile Terminals) at a monthly fee (“Security Fee”) as set out in the NuPaySLAsignedby NuPay SLA signed by the Merchant’s duly authorized signatories. An administration and reinstallation fee as set out in the NuPay SLA signed by the Merchant’s duly authorized signatories, authorizedsignatories,will be payable on the loss of anyTerminalany Terminal.

Appears in 1 contract

Samples: mynupay.co.za

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