Actual Payment Clause Samples
The Actual Payment clause defines the requirement for payment to be made in the precise amount owed, as determined by the terms of the agreement. In practice, this clause ensures that payments reflect the true, agreed-upon sums, accounting for any adjustments, deductions, or credits that may apply. Its core function is to prevent disputes by clarifying that only the net, final amount calculated under the contract is to be paid, thereby ensuring accuracy and transparency in financial transactions.
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Actual Payment. Where shown on our platform of affiliated third-party platforms, you accept the purchasing price shown. Payments shall be made by a payment gateway such as PayPal or any cryptocurrencies where applicable.
Actual Payment. The Company shall pay all amounts due to an Indemnitee under this Indemnity Agreement forthwith upon demand by the Indemnitee.
Actual Payment. The Parent Company shall pay all amounts due to an Indemnitee hereunder forthwith upon demand by the Indemnitee.
Actual Payment. The Company shall pay all amounts due to an Indemnitee under this Indemnity Agreement within 30 days upon written demand by the Indemnitee with such documentation and information as is reasonably available to the Indemnitee.
Actual Payment. The Corporation shall pay all amounts due to the Indemnitee under this Agreement upon demand by the Indemnitee, which demand shall be accompanied by reasonable documentation of the amounts incurred and for which payment is being required. The Indemnitee shall be entitled to demand payment whether or not actual payment of the Claim has been made by the Indemnitee provided that the amount of the Claim has been determined.
Actual Payment. At the time prescribed and using one of the following methods of payment set forth in the Procedures for the actual payment of Settlement:
a) the net debit or credit amount in the Funds Account is communicated to Settlement Bank by CDS for immediate posting to Participant’s Settlement Bank account; or
b) CDS pays a Participant by making available at the office of CDS a cheque drawn on CDS’ banker to Participant’s order. Participant pays CDS by delivering to CDS a cheque to CDS’ order drawn on a Settlement Bank, subject to the Settlement limit.