Authorising payment Sample Clauses
The 'Authorising payment' clause establishes the authority and process by which payments are approved and released under an agreement. Typically, it specifies who within an organization has the power to authorize payments, outlines any required documentation or approvals, and may set thresholds for different levels of authorization. This clause ensures that payments are made only with proper oversight, reducing the risk of unauthorized or erroneous disbursements and promoting financial control within the contractual relationship.
Authorising payment. By placing an Order through the order process described in these Terms, you acknowledge that you are authorising us to make the payment in accordance with the terms of the Contract that is formed.