Common use of Bailment Clause in Contracts

Bailment. ISO hereby agrees to bail to ▇▇▇▇▇▇▇▇, the terminal(s) described in the Merchant Application Form (“Terminal”), subject to the terms and conditions hereof. The bailment term shall commence on the date of delivery and shall end upon termination: (i) by ISO upon five (5) days prior notice; (ii) by Merchant upon thirty (30) days prior written notice; or (iii) immediately and without notice where the Agreement is terminated.

Appears in 14 contracts

Sources: Merchant Agreement, Merchant Agreement, Merchant Agreement

Bailment. ISO hereby agrees to bail to ▇▇▇▇▇▇▇▇Merchant, the terminal(s) described in the Merchant Application Form (“Terminal”), subject to the terms and conditions hereof. The bailment term shall commence on the date of delivery and shall end upon termination: (i) by ISO upon five (5) days prior notice; (ii) by Merchant upon thirty (30) days prior written notice; or (iii) immediately and without notice where the Agreement is terminated.

Appears in 5 contracts

Sources: Merchant Agreement, Merchant Agreement, Merchant Agreement

Bailment. ISO hereby agrees to bail to ▇▇▇▇▇▇▇▇Merchant, the terminal(s) described in the Merchant Application Form (“Terminal”), subject to the terms and conditions hereof. The bailment term shall commence on the date of delivery and shall end upon termination: (i) by ISO upon five (5) days prior notice; (ii) by Merchant upon thirty (30) days prior written notice; or (iii) immediately and without notice notic e where the Agreement is terminated.

Appears in 1 contract

Sources: Merchant Agreement