Processing Limits Clause Samples

Processing Limits. We reserve the right to assign a maximum dollar amount (“Processing Limit”) per sales ticket and an aggregate maximum dollar amount of card and ACH transactions per calendar month to your account. If we assign a Processing Limit, we will communicate it to you in writing.

Processing Limits. Servicers may limit the dollar amount of Sales Drafts that it will process for Merchant. This limit may be changed by Servicers from time to time with or without notice to Merchant. If Merchant exceeds the limit established by this Agreement, Servicers may suspend processing, charge overlimit fees, hold the funds over the cap and/or return to Merchant all Sales Drafts evidencing funds over the cap.

Processing Limits. We will assign a maximum dollar amount per sales ticket and an aggregate maximum dollar amount of Card and ACH transactions per calendar month. If certain Card processing volume thresholds are met by your use of the Services we may notify you that you must enter into an additional agreement with our sponsor bank.

Processing Limits. There are no monthly processing minimums, but Vantage will assign a maximum dollar amount per sales ticket and an aggregate maximum dollar amount of Card transactions per calendar month. Merchant may request to increase these limits, but any increase shall be at Vantage’s sole discretion. Vantage may also decrease such maximum amounts at any time, even if such amounts were previously authorized or increased. If Merchant submits one or more transactions which would cause Merchant to exceed any maximum set by Vantage, Vantage may at its sole discretion either: (a) process the transactions; (b) process the transactions but cause all or a portion of the proceeds of such transactions to be placed in a Reserve Account (defined below); or (c) return a decline code for each such transaction.

Processing Limits. Merchant’s “Approved Monthly Volume” for sales drafts is that monthly volume set forth in the Application or as otherwise set forth in the Merchant account approval letter from Paya to Merchant or as may be later changed by Paya from time to time upon notice to Merchant. If Merchant exceeds the Approved Monthly Volume, either in the aggregate or with respect to any “method of sale”: (i) Paya and Bank may suspend processing, hold the funds over the Approved Monthly Volume, and/or return all Sales Drafts evidencing funds over the Approved Monthly Volume to Merchant; and (ii) Merchant is subject to a 5% fee on all monies processed over the Approved Monthly Volume.

Processing Limits. Meaning of the words we use Settlement The payment of amounts to be paid by us to you or by you to us. We may impose a limit on the total value of Transactions we will process for you over a period of time. Part 2 of the Merchant Specific Conditions indicates the total value of Transactions that you expect we will process in the first 12 months of this Agreement. We will review this limit and where we identify a need to amend the limit, we will do so. You can ask us to increase this limit. If you do this, we may ask you to provide suitable security under clause 26. You will also need to provide us reasonable notice that your total value of Transactions is reaching the limit. If you exceed an established limit, processing may be suspended and we may retain Settlement funds until a new limit is agreed, or we may amend the charges and fees payable by you under this Agreement.

Processing Limits. The Parties may set processing limits that will apply to Your Relay Account as set forth in any applicable MSA. If You exceed your processing limit, Transactions may be denied as unauthorized, or shall be invoiced for payment pursuant to these Terms and Conditions or the terms of any applicable Credit Agreement. To learn more about any processing limit applicable to Your Relay Product, ask Your Administrator.

Processing Limits. 7.1 Entity’s “Approved Monthly Volume” for sales drafts is that monthly volume set forth in the Application or as otherwise set forth in the Application approval letter from ARC to Entity or as may be later changed by ARC from time to time upon notice to Entity. 7.2 If Entity exceeds the Approved Monthly Volume, either in the aggregate or with respect to any “method of sale”: (i) ARC may suspend processing, hold the funds over the Approved Monthly Volume, and/or return all ARC Pay Transactions evidencing funds over the Approved Monthly Volume to Entity; and (ii) Entity is subject to a five percent (5%) fee on all monies processed over the Approved Monthly Volume. 7.3 Entity’s “Transaction Cap” is the per-transaction limitation in dollar amount set forth in the Application or as otherwise set forth in the Application approval letter from ARC to Entity or as may be later changed by ARC from time to time upon notice to Entity. 7.4 If the amount of any ARC Pay Transaction exceeds the Transaction Cap, (i) ARC may suspend processing and/or return such ARC Pay Transaction, and (ii) Entity is subject to a five percent (5 %) fee on the amount of each ARC Pay Transaction above the Transaction Cap processed by ARC. 7.5 On a quarterly basis, all of Entity’s ARC Pay Transactions in the aggregate shall: 7.5.1 Meet or exceed a minimum volume of ARC Pay Transactions processed, as agreed upon in writing by ARC and Entity, as applicable; and 7.5.2 Include a representative sample of Entity’s transactions across its overall business, whether or not processed using ARC Pay. For the avoidance of

Processing Limits. IMS may limit the dollar amount of Sales Drafts that it will process for Merchant. This limit may be changed by IMS from time to time with or without notice to Merchant. If Merchant exceeds the limit established by this Agreement, IMS may suspend processing, charge overlimit fees, hold the funds over the cap and/or return to Merchant all Sales Drafts evidencing funds over the cap.