Common use of Payment Processing Clause in Contracts

Payment Processing. All payments received by CAPCO will be applied to CLIENT’s Outstanding Balance daily following a 3 (Three) business day hold to allow for the application of collected funds.

Appears in 3 contracts

Sources: Contract of Sale and Security Agreement (Jones Soda Co), Contract of Sale and Security Agreement (Cotelligent Inc), Contract of Sale and Security Agreement (Jones Soda Co)

Payment Processing. All payments received by CAPCO will be applied to CLIENT’s Outstanding Balance daily following a 3 1 (ThreeOne) business day hold to allow for the application of collected funds.

Appears in 2 contracts

Sources: Contract of Sale and Security Agreement (Jones Soda Co), Contract of Sale and Security Agreement (Jones Soda Co)

Payment Processing. All payments received by CAPCO will be applied to CLIENT’s 's Outstanding Balance daily following a 3 (Three) business day hold to allow for the application of collected funds.

Appears in 1 contract

Sources: Contract of Sale and Security Agreement (XRG Inc)

Payment Processing. All payments received by CAPCO will be applied to CLIENT’s 's Outstanding Balance daily following a 3 (ThreeTHREE) business day hold to allow for the application of collected funds.

Appears in 1 contract

Sources: Contract of Sale and Security Agreement (Pacific Aerospace & Electronics Inc)

Payment Processing. All payments received by CAPCO will be applied to CLIENT’s CLIENT‘s Outstanding Balance daily following a 3 1 (ThreeOne) business day hold to allow for the application of collected funds.

Appears in 1 contract

Sources: Contract of Sale and Security Agreement (Jones Soda Co)