Common use of Operating Regulations Clause in Contracts

Operating Regulations. The Operating Regulations may be changed by Bank from time to time upon sixty (60) days' prior written notice to Company, provided, however, that changes which do not require major systems or operational modifications and changes required for security measures shall be made effective as soon as possible following Company's receipt of notice thereof but in all events shall become effective within five (5) days of Company's receipt of notice thereof. In the event of any conflict or inconsistency between the terms of this Agreement and those of the Operating Regulations, the former shall govern.

Appears in 1 contract

Sources: Merchant Services Agreement (Childrens Place Retail Stores Inc)

Operating Regulations. The Operating Regulations may be changed by Bank from time to time upon not less than sixty (60) days' days prior written notice to Company, provided, however, that changes which do not require major systems or operational modifications and changes required for security measures shall be made become effective as soon as possible following Company's ’s receipt of written notice thereof but in all events shall become effective within five thirty (530) days of Company's ’s receipt of written notice thereof. In the event of any conflict or inconsistency between the terms of this Agreement and those of the Operating Regulations, the former provisions of this Agreement shall govern.

Appears in 1 contract

Sources: Merchant Services Agreement (Office Depot Inc)

Operating Regulations. The Operating Regulations may be changed by Bank from time to time upon not less than sixty (60) days' days prior written notice to Company, provided, however, that changes which do not require major systems or operational modifications and changes required for security measures shall be made become effective as soon as possible following Company's receipt of notice thereof but in all events shall become effective within five ten (510) days of Company's receipt of notice thereof. In the event of any conflict or inconsistency between the terms of this Agreement and those of the Operating Regulations, the former shall govern.

Appears in 1 contract

Sources: Merchant Services Agreement (Childrens Place Retail Stores Inc)