Common use of Suspension of Transmittal Processing Clause in Contracts

Suspension of Transmittal Processing. In the event the Bank, at any time determines or reasonably believes that You have transmitted Transactions which are not in compliance with the Laws, Operating Regulations or this Agreement in any respect, the Bank may, in addition to taking any other action permitted under this Agreement, suspend processing for payment to You of any or all Transactions submitted to the Bank until such time as You provide evidence satisfactory to the Bank that such Transactions are in all respects in compliance with the Laws, Operating Regulations and this Agreement.

Appears in 3 contracts

Samples: Merchant Agreement, Merchant Agreement, Merchant Agreement

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Suspension of Transmittal Processing. In the event the Bank, at any time and from time to time, determines or reasonably believes that You have Merchant has transmitted Transactions which are not in compliance with the Laws, Operating Regulations or this Agreement in any respect, the Bank may, in addition to taking any other action permitted under this Agreement, suspend processing for payment to You Merchant of any or all Transactions submitted to the Bank until such time as You provide Merchant provides evidence satisfactory to the Bank that such Transactions are in all respects in compliance with the Laws, Operating Regulations and this Agreement.

Appears in 1 contract

Samples: Merchant Agreement

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