Account Monitoring. Merchant acknowledges that Servicer will monitor Merchant’s daily deposit activity. Servicer may upon reasonable grounds suspend disbursement of Merchant's funds for any reasonable period of time required to investigate suspicious or unusual deposit activity. Servicer will make good faith efforts to notify Merchant promptly following suspension. Servicer is not liable to Merchant for any loss, either direct or indirect, which Merchant may attribute to any suspension of funds disbursement.
Appears in 20 contracts
Sources: Merchant Agreement, Merchant Agreement, Merchant Agreement
Account Monitoring. Merchant acknowledges that Servicer Service Providers will monitor Merchant’s daily deposit Transaction activity. Servicer ▇▇▇▇▇▇▇▇ agrees that Service Providers may upon reasonable grounds suspend suspend, at their sole discretion, the disbursement of Merchant's ▇▇▇▇▇▇▇▇’s funds for any reasonable period of time required to investigate suspicious or unusual deposit activity. Servicer Service Providers will make good faith efforts to notify Merchant promptly following suspension. Servicer is not liable to Merchant Service Providers shall have no liability for any losslosses or claims, either direct or indirect, which Merchant may attribute to any suspension of funds disbursementfunds.
Appears in 3 contracts
Sources: Merchant Agreement, Merchant Agreement, Merchant Agreement
Account Monitoring. Merchant acknowledges that Servicer Service Providers will monitor Merchant’s daily deposit Transaction activity. Servicer Merchant agrees that Service Providers may upon reasonable grounds suspend suspend, at their sole discretion, the disbursement of Merchant's ’s funds for any reasonable period of time required to investigate suspicious or unusual deposit activity. Servicer Service Providers will make good faith efforts to notify Merchant promptly following suspension. Servicer is not liable to Merchant Service Providers shall have no liability for any losslosses or claims, either direct or indirect, which Merchant may attribute to any suspension of funds disbursementfunds.
Appears in 2 contracts
Sources: Merchant Agreement, Merchant Agreement
Account Monitoring. Merchant acknowledges that Servicer Bank will monitor Merchant’s daily deposit activity. Servicer Bank may upon reasonable grounds suspend disbursement of Merchant's funds for any reasonable period of time required to investigate suspicious or unusual deposit activity. Servicer Bank will make good faith efforts to notify Merchant promptly following suspension. Servicer Bank is not liable to Merchant for any loss, either direct or indirect, which Merchant may attribute to any suspension of funds disbursement.
Appears in 2 contracts
Sources: Merchant Agreement, Merchant Agreement