User Affiliate Reserve definition

User Affiliate Reserve means funds described as a reserve by Stripe, which Stripe or its Affiliate holds as security against liabilities that any User Group Entity incurs under its agreement with Stripe or an Affiliate of Stripe.

Examples of User Affiliate Reserve in a sentence

  • If you fail to pay invoiced amounts that you owe under these Terms and Conditions, or under any other agreement with Renova or any of its Affiliates, then Renova may, to the extent Law permits, deduct, recoup or setoff those amounts from: (a) if established and applicable, each Reserve; (b) funds payable by Renova or its Affiliate to you or your Affiliate; (c) if established, each User Affiliate Reserve; (d) each User Bank Account.

Related to User Affiliate Reserve

  • Sub-Contractor means the person named in the Contract for any part of the works or any person to whom any part of the contract has been sublet by the contractor with the consent in writing of the Engineer-in-charge and will include the legal representatives, successors and permitted assigns of such persons.