Withholding of Reserves and Funds after Termination Sample Clauses

Withholding of Reserves and Funds after Termination. Pixxles will continue to require Reserves to be held in the Reserve Account and will withhold all other funds and payments due to Merchant but not released to Merchant, including proceeds from Card transactions, for a period from termination of this Agreement until the later of: (i) satisfaction of all Merchant’s reasonably anticipated obligations under this Agreement, including but not limited to Service Fees, Chargebacks, Refunds, credits, Penalties, damages, indemnification obligations, reasonable and properly incurred legal fees, costs, expenses and any other charges, and (ii) three-hundred sixty-five (365) days after the last Service activity or the expiration of the applicable timeframes for Chargebacks (“Resolution Period”). All such other funds and payments that are withheld shall upon termination become Reserves and will be held in the Reserve Account in accordance with this Clause. Pixxles may withhold or require Merchant to depos i t additional funds into the Reserve Account upon te r m in a tio n of this Agreement, and Merchant’s obligation to replenish Reserves upon request by Pixxles shall survive termination of this Agreement. In the event of a conflict or inconsistency between this Clause and any other terms in this Agreement, this Clause shall control and govern the rights and obligations of the Parties.
Sample 1
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Related to Withholding of Reserves and Funds after Termination

  • Withdrawals upon Termination 31.4.1 Notwithstanding anything to the contrary contained in this Agreement, all amounts standing to the credit of the Escrow Account shall, upon Termination, be appropriated in the following order:

  • Termination for Non-Allocation of Funds 4.17.2 Renegotiate the Contract under the revised funding conditions; or

  • T ermination In the event that either party seeks to terminate this DPA, they may do so by mutual written consent and as long as any service agreement or terms of service, to the extent one exists, has lapsed or has been terminated. The LEA may terminate this DPA and any service agreement or contract with the Provider if the Provider breaches any terms of this DPA.

  • Suspension or Termination of Services You agree that Firstrade Securities Inc. reserves the right in its sole discretion to suspend or terminate your access to any or all of Firstrade Securities Inc.'s Electronic Services for any reason and without prior notice to you. You agree not to hold Firstrade Securities Inc. responsible or liable for any disruptions in service due to: telephone network, computer network or other system problems beyond the control of Firstrade Securities Inc.: system maintenance or system upgrades; or any other event or circumstance beyond the control of Firstrade Securities Inc.

  • CONDITIONS OF SETTLEMENT, EFFECT OF DISAPPROVAL, CANCELLATION OR TERMINATION 9.1 The Effective Date of this Settlement Agreement shall not occur unless and until each of the following events occurs and shall be the date upon which the last (in time) of the following events occurs:

  • Suspension/Termination of account If your right to use the card is suspended or your card account is terminated, we may at our option and without prejudice to any of our rights and remedies, stop paying the said instalments for you, or bill the aggregate sum of the remaining instalments to you forthwith.

  • TERMINATION DUE TO CHANGE IN FUNDING ‌ 35 In the event funding from HCA, MCO, State, Federal, or other sources is withdrawn, reduced, or limited 36 in any way after the effective date of this Contract and prior to its normal completion, either party may 37 terminate this Contract subject to re-negotiations.

  • Termination of Settlement If the Settlement is terminated as provided in the Stipulation, the Settlement is not approved, or the Effective Date of the Settlement otherwise fails to occur, this Order shall be vacated, rendered null and void, and be of no further force and effect, except as otherwise provided by the Stipulation, and this Order shall be without prejudice to the rights of Lead Plaintiff, the other Settlement Class Members, and Defendants, and the Parties shall revert to their respective positions in the Action immediately prior to the execution of the Stipulation.

  • Payments Upon Termination 4.1 The Customer shall pay the Company liquidated damages (total monthly fee as specified in the Sales and Services Agreement x remaining months in the Term) upon the occurrence of any of the following events before the expiry of the Term:

  • Contract Renegotiation, Suspension, or Termination Due to Change in Funding If the funds DSHS relied upon to establish this Contract or Program Agreement are withdrawn, reduced or limited, or if additional or modified conditions are placed on such funding, after the effective date of this contract but prior to the normal completion of this Contract or Program Agreement:

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