Payment Transaction Limits Clause Samples

Payment Transaction Limits. You agree not to: (a) exceed the transaction limits we establish from time to time for your Service; (b) allow anyone to initiate Orders without proper supervision and adequate safeguards; or (c) submit ACH debit Orders for Accounts receivable (ARC), represented check (RCK), international (IAT), back-office conversion (BOC), telephone-initiated (TEL), Internet- initiated (WEB), point-of-purchase (POP), point-of-sale (POS), machine transfer entry (MTE), shared network entry (SHR), check truncation (TRC or TRX), customer-initiated (CIE), or destroyed check (XCK) entries (each a “Restricted Order”) unless we otherwise consent in the Specifications, or some other writing. (Should we consent to any of the above Restricted Orders please see the Subsection below entitled “Restricted ACH Orders” for the terms and conditions governing those Orders). We may from time to time and without notice prohibit your use of any other type of ACH entry unless you obtain our prior written consent to do so. You will regularly audit the actions of your employees, agents and Authorized Users of the Service.
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Payment Transaction Limits. You can only make transactions using the Google Wallet Card to the extent that you have a Google Wallet Balance to support those transactions. Therefore, you should know the amount available in your Google Wallet Balance to use the Google Wallet Card. You agree not to make a purchase or other transaction in excess of your Google Wallet Balance. If you do make a purchase or other transaction that exceeds the balance available in your Google Wallet Balance, you agree that we can recover any negative balance incurred as indicated in Section 6.1(f). If you have zero or negative Google Wallet Balance, any subsequent transaction authorizations using your Google Wallet Balance will be declined. Any transaction attempted for more than the amount available in your Google Wallet Balance may be declined if that merchant does not accept more than one form of payment. Certain merchants, such as restaurants and hotels, may factor in a tip of 20% or more on your purchase amount when authorizing a transaction. If your bill plus the factored tip is greater than your Google Wallet Balance, then your purchase will be declined. This factored tip will be held against your Google Wallet Balance until the actual purchase and tip amount posts to your Google Wallet Balance. In addition, the transaction limits set forth in Section 6.1(d) also apply to your use of the Google Wallet Card. GPC may also set forth additional limits on your use of the Google Wallet Card from time to time. Further, there are limits to the amounts that you may withdraw at an ATM, a point of sale cash withdrawal, or over the counter. Please review the limits communicated to you in your Google Wallet application or in your account online.
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Payment Transaction Limits. We and/or the Card Program Provider apply certain limits on how much you can spend or withdraw from the Card Account (e.g. per Payment Transaction, per day/ week/ month, where you can use the Card or what you can purchase with the Card). The Card limitations are agreed separately and depend on the Card Program as provided to you by the Card Program Provider. The maximum amount that can be spent using the Card is limited to the lower of: (a) the limits set by the Business Administrator and (b) limits set forth by ▇▇▇▇▇. You may contact the Card Program Provider during regular business days and business hours for information about Card use and applicable limitations. To the extent permitted by Applicable Law, we reserve the right to (a) change the Payment Transaction limits, (b) limit, block, or place a hold on certain types of transfers or Payment Transactions, and/or (c) limit, suspend, or block transfers from particular persons, entities, or Card Accounts.
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Payment Transaction Limits. There are maximum dollar limits on purchase payments that you may make using a Google Wallet Online Card. Maximum purchase payments may not exceed the lesser of $2,000 or any daily purchase transaction limit imposed by your selected credit or debit card. GPC may, at its discretion, increase this maximum upon verification of your identity. In addition, Google Wallet Online Card purchase transactions below this amount may be declined if GPC is unable to complete a funding transaction to your selected Payment Instrument. The Google Wallet Online Card may not be used for transactions in which you request cash back from the merchant. In addition, you may be subject to limitations on the amount or type of transaction or merchant as per the terms and conditions of your selected credit or debit card. Please refer to the terms and conditions of your selected credit or debit card. You are responsible for any charges and related fees that may be imposed under the terms and conditions applicable to the selected Payment Instrument for any Payment Transaction using a Google Wallet Online Card. The Google Wallet Online Cards are not credit cards, and GPC and Bancorp are not extending you credit in connection with your use of Android Pay or the Google Wallet Online Cards. GPC will instruct Bancorp to deny a requested Google Wallet Online Card purchase if GPC has reason to believe that it will not be able to initiate a charge to your selected Payment Instrument or if GPC otherwise believes that GPC will not be able to obtain funds from you to complete the requested purchase payment. We reserve the right to decline any Google Wallet Online Card-initiated Payment Transaction.
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Related to Payment Transaction Limits

  • Transaction Limits You understand and acknowledge that your use of the Services is subject to a limit on volume (in fiat currency terms) that you may transact in a given time period. Such limits may vary, at our sole discretion, depending on a variety of factors, and we may apply higher limits to certain Account holders at our discretion.

  • Transaction Limitations Once Your Account is established, You may not make additional deposits prior to the Maturity Date. Maturity Date. Your Account will mature after the term indicated on the accompanying Account Disclosure Rate Supplement.

  • Concurrent Transactions All documents or other deliveries required to be made by Purchaser or Seller at Closing, and all transactions required to be consummated concurrently with Closing, shall be deemed to have been delivered and to have been consummated simultaneously with all other transactions and all other deliveries, and no delivery shall be deemed to have been made, and no transaction shall be deemed to have been consummated, until all deliveries required by Purchaser and Seller shall have been made, and all concurrent or other transactions shall have been consummated.

  • Deposit Account Transactions (a) The Bank or its Subcustodians will make payments from the Deposit Account upon receipt of Instructions which include all information required by the Bank. (b) In the event that any payment to be made under this Section 5 exceeds the funds available in the Deposit Account, the Bank, in its discretion, may advance the Customer such excess amount which shall be deemed a loan payable on demand, bearing interest at the rate customarily charged by the Bank on similar loans. (c) If the Bank credits the Deposit Account on a payable date, or at any time prior to actual collection and reconciliation to the Deposit Account, with interest, dividends, redemptions or any other amount due, the Customer will promptly return any such amount upon oral or written notification: (i) that such amount has not been received in the ordinary course of business or (ii) that such amount was incorrectly credited. If the Customer does not promptly return any amount upon such notification, the Bank shall be entitled, upon oral or written notification to the Customer, to reverse such credit by debiting the Deposit Account for the amount previously credited. The Bank or its Subcustodian shall have no duty or obligation to institute legal proceedings, file a claim or a proof of claim in any insolvency proceeding or take any other action with respect to the collection of such amount, but may act for the Customer upon Instructions after consultation with the Customer.

  • Exempt Transaction Subject to the accuracy of the Warrantholder's representations in Section 10 hereof, the issuance of the Preferred Stock upon exercise of this Warrant will constitute a transaction exempt from (i) the registration requirements of Section 5 of the 1933 Act, in reliance upon Section 4(2) thereof, and (ii) the qualification requirements of the applicable state securities laws.