Common use of Transaction Limits and Maximum Exposure Limit Clause in Contracts

Transaction Limits and Maximum Exposure Limit. Prior to or contemporaneous with the execution of this Agreement, TSYS or its Third-Party Sender where applicable and the ODFI shall review the financial and business history of Merchant and establish Merchant's Transaction Limit and Maximum Exposure Limit. TSYS or its Third-Party Sender where applicable and the ODFI shall have the right to modify the Transaction Limit and Maximum Exposure Limit established for Merchant at any time upon providing Merchant written notice.