Common use of Termination of Internet Function Clause in Contracts

Termination of Internet Function. Professional and Bank will each have the right upon not less than fifteen (15) days written notice to the other party, to discontinue submitting, accepting or processing Internet Applications and/or Internet Purchases, as applicable; provided that Bank may suspend the acceptance of Internet Application and/or Internet Purchases immediately if Professional breaches this Agreement, if the suspension is required by Applicable Law, or if Bank decides to suspend the acceptance of Internet Application and/or Internet Purchases for risk or safety and soundness reasons.

Termination of Internet Function. Professional Merchant and Bank will each have the right upon not less than fifteen (15) days written notice to the other party, to discontinue submitting, accepting or processing Internet Applications and/or Internet Purchases, as applicable; provided that Bank may suspend the acceptance of Internet Application and/or and/ or Internet Purchases immediately if Professional Merchant breaches this Agreement, if the suspension is required by Applicable Lawapplicable law, or if Bank decides to suspend the acceptance of Internet Application and/or Internet Purchases for risk or safety and soundness reasons.

Termination of Internet Function. Professional Retailer and Bank will each have the right upon not less than fifteen (15) days written notice to the other party, to discontinue submitting, accepting or processing Internet Applications and/or Internet Purchases, as applicable; provided that Bank may suspend the acceptance of Internet Application and/or Internet Purchases immediately if Professional Retailer breaches this Agreement, if the suspension is required by Applicable Lawapplicable law, or if Bank decides to suspend the acceptance of Internet Application and/or Internet Purchases for risk or safety and soundness reasons.

Termination of Internet Function. Professional and Bank will each have the right upon not less than fifteen (15) days written notice to the other party, to discontinue submitting, accepting or processing Internet Applications and/or Internet I nternet Purchases, as applicable; provided that Bank may suspend the acceptance of Internet Application and/or Internet Purchases immediately if Professional breaches this t his Agreement, if the suspension is required by Applicable Lawapplicable law, or if Bank decides to suspend su spend the acceptance of Internet Application and/or Internet Purchases for risk or safety and soundness reasons.