Common use of Application of Reserve Clause in Contracts

Application of Reserve. We may deduct and withhold from, and recoup and set-off against, the Reserve (i) any amounts you or any of your Affiliates owe us or any of our Affiliates under the Agreement or any Other Agreement; (ii) any costs incurred by us in connection with the administration of the Reserve, including attorneys’ fees; and (iii) any costs incurred by us as a result of your failure to fulfill any obligations to us, any of our Affiliates, or to Cardmembers, including attorneys’ fees and our cost of handling Disputed Charges.

Appears in 5 contracts

Sources: American Express Card Acceptance Agreement, Merchant Processing Agreement, Merchant Processing Agreement

Application of Reserve. We may deduct and withhold from, and recoup and set-off against, the Reserve (i) any amounts you or any of your Affiliates owe us or any of our Affiliates under the Agreement or any Other Agreement; (ii) any costs incurred by us in connection with the administration of the Reserve, including attorneys’ fees; and (iii) any costs incurred by us as a result of your failure to fulfill any obligations to us, any of our Affiliates, or to Cardmembers, including attorneys’ fees and our cost costs of handling Disputed Charges.

Appears in 1 contract

Sources: Affiliate Member Agreement

Application of Reserve. We may deduct and withhold from, and recoup and set-off against, the Reserve (i) any amounts you or any of your Affiliates owe us or any of our Affiliates under the Agreement or any Other Agreement; (ii) any costs incurred by us in connection with the administration of the Reserve, including attorneys’ fees; and (iii) any costs incurred by us as a result of your failure to fulfill any obligations to us, any of our Affiliates, or to CardmembersCard Members, including attorneys’ fees and our cost costs of handling Disputed Charges.

Appears in 1 contract

Sources: American Express Card Acceptance Agreement