Common use of Minimum Balance Clause in Contracts

Minimum Balance. ▇▇▇▇▇▇▇▇ agrees to maintain a minimum balance of funds in the Settlement Account as Processor may specify to Merchant in writing from time to time.

Appears in 12 contracts

Sources: Merchant Card Processing Agreement, Merchant Card Processing Agreement, Merchant Card Processing Agreement

Minimum Balance. ▇▇▇▇▇▇▇▇ agrees to maintain a minimum balance of funds in the Settlement Account as Processor Bank may specify to Merchant in writing from time to time.

Appears in 11 contracts

Sources: Merchant Card Processing Agreement, Merchant Card Processing Agreement, Merchant Card Processing Agreement