Collection and Payment Procedures Sample Clauses
The 'Collection and Payment Procedures' clause outlines the methods and timelines for collecting payments and distributing funds between parties under the agreement. It typically specifies how invoices are issued, the acceptable forms of payment, and the deadlines for remittance. By clearly defining these processes, the clause helps ensure timely and accurate financial transactions, reducing the risk of disputes or delays related to payments.
Collection and Payment Procedures. (a) Collections on the Transferred Batch. With respect to each Transferred Batch, the Purchaser shall be entitled to: (i) receive all Collections on such Transferred Batch and (ii) have and exercise any and all rights (x) to collect, record, track and, during the continuance of an Event of Termination or a Servicer Termination Event, take all actions to obtain Collections with respect to each Batch Receivable payable by Persons other than Governmental Entities, and (y) to the extent permitted by law and in a manner consistent with all applicable laws and regulations, to record, track and, during the continuance of an Event of Termination or a Servicer Termination Event, take all actions to obtain Collections with respect to each Batch Receivable payable by Governmental Entities.
Collection and Payment Procedures. (a) COLLECTIONS ON THE TRANSFERRED BATCH. The Company, as absolute owner of the Batch Accounts, shall be entitled with respect to each Transferred Batch, (i) to receive all Collections on such Transferred Batch, and (ii) to have and to exercise any and all rights (x) to collect, record, track and take all actions to obtain Collections with respect to each Batch Account payable by Persons other than Governmental Entities, and (y) to the extent permitted law and in a manner consistent with all applicable laws and regulations, to record, track and take all actions to obtain Collections with respect to each Batch Account payable by Governmental Entities.
Collection and Payment Procedures. 16 ss. 2.05.
Collection and Payment Procedures. PW shall ▇▇▇▇ for the programs and services for which PW or PPS is the representative under this Agreement. PW will be responsible for normal collection and follow-up. Should any payment from a client be overdue more than forty five (45) days, PW shall notify HEALTHGATE and the parties will jointly determine the next course of action.
Collection and Payment Procedures