Excessive Activity. ▇▇▇▇▇▇▇▇’s presentation to Service Provider of Excessive Activity will be a breach of this Agreement and cause for immediate termination of this Agreement. “Excessive Activity” means that Merchant has excessive Chargebacks and or returns and credit transactions, as determined solely by Service Provider. Merchant authorize, upon the occurrence of Excessive Activity, Service Provider to take any action deemed necessary including but not limited to, suspension or termination of processing privileges or creation or maintenance of a Reserve Account in accordance with this Agreement.
Appears in 2 contracts
Sources: Merchant Processing Agreement, Merchant Processing Agreement