Check Writing Services Sample Clauses

Check Writing Services. The Check Writing Unit will process payments and release/mail checks for payment of accounts payable and trust payments for AUTHORITY, including follow-up and processing of checks returned due to bad addresses or other reasons.
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Check Writing Services. Upon GeoCities' request, Be Free shall perform its customary check writing services (described below) in connection with the GeoCities Affiliates Program, provided that (i) each check generated by Be Free shall reflect aggregate amounts payable by one or more Merchants and (ii) the documentation delivered to each Affiliate with such check shall contain a break-down of the individual Merchant payments comprising the aggregate amount of such check. BFAST will provide a complete and seamless affiliate payment system. Payments will be consolidated across all Merchants. Be Free manages all financial data internally including a full CFO-style voucher-based interface. GeoCities will define a minimum-payment threshold. For all Affiliates whose consolidated payment exceeds the minimum threshold, a check will be printed and posted. For all Affiliates who do not exceed the threshold, a commission will be carried over into the next payment period. Affiliates centers will receive payments quarterly. The months in which the Affiliates receive a check will be based on the month in which the Affiliate originally enrolled in the GeoCities Affiliates Program. Accordingly, at the end of Confidential Materials omitted and filed separately with the Securities and Exchange Commission. Asterisks denote omissions. each month GeoCities will use the financial interface to accept all Affiliate vouchers. Upon acceptance of a voucher batch, BFAST will generate a report for GeoCities. GeoCities will deposit into the Be Free transfer account the amount indicated on the voucher report. BFAST will convert the approved vouchers into check-printing instructions. The check verification file will be reconciled with the voucher batch.
Check Writing Services. Section 2.3.1 of the Agreement is hereby amended by replacing the first sentence with the following paragraph: "Upon GeoCities' request, Be Free shall perform its customary check writing services (described below) in connection with the GeoCities Affiliates Program, provided that (i) each check generated by Be Free shall reflect aggregate amounts payable by one or more Merchants, (ii) the documentation delivered to each Affiliate with such check shall contain a break-down of the amount owed to the Affiliate by individual Merchants and the amount paid by each such Merchant included within the aggregate amount of such check, (iii) Be Free shall establish a system enabling Merchants to submit Affiliate payments to a central fund for GeoCities' approval of disbursements to Affiliates and (iv) Be Free shall identify Merchants who have, and Merchants who have not, paid into such central fund amounts owed to Affiliates and shall establish a mechanism for notifying nonpaying Merchants of their payment obligations. Be Free shall comply with GeoCities' standard trademark license agreement and GeoCities standard trademark usage guidelines."

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