Merchant agrees to pay a $99.00 on each terminal placement. The $99.00 will be refunded to the merchant if the equipment has been returned to Beacon Payments in good working condition, within thirty (30) business days.Equipment License Agreement • November 15th, 2012
Contract Type FiledNovember 15th, 2012This agreement is a contract between the Merchant below and Beacon Payments. The Merchant agrees the equipment is the property of Beacon Payments; the equipment is being licensed to the merchant, and must be returned in good working condition within ten (10) days of the termination or expiration of the merchant processing agreement with Beacon Payments. If the equipment is not returned within ten (10) days, merchant agrees to pay the equipment value of $599.00. In addition, Merchant agrees to be responsible for any damage to the Equipment as a result of misuse or negligence.