Examples of Third Party Carrier in a sentence
The Platform Carrier shall use the TessPay Platform to accept a Smart Contract generated by a Third-Party Carrier (or if the Platform Carrier generated the Smart Contract, the Third-Party Carrier will accept the Smart Contract) on the TessPay Platform for the provision of Wholesale Services and hereby expressly acknowledges that the TessPay Switch shall be used to populate data in, and to record minutes passing through all such Smart Contracts.
In accordance with the financing arrangements agreed to between a Platform Factor and a Platform Carrier, funds may transferred by the TessPay Platform from the Platform Factor Wallet to the Platform Carrier Wallet and then to a Smart Contract Wallet to be distributed in accordance with a Smart Contract between the Platform Carrier and a Third-Party Carrier.
Once funds have been received, the TessPay Platform will not automatically transfer payments to the Third-Party Carriers to pay invoices due but shall request that the Platform Carrier direct payments on the TessPay Platform from the Platform Carrier Wallet to a designated Third-Party Carrier Wallet in accordance with such Smart Contract settlement terms.