Common use of Facilitating Payments Clause in Contracts

Facilitating Payments. For your Engagements with World Class Education, World Class Education may remit payments for commissions or other payment obligations owed to you through World Class Education Platform. World Class Education, as a service to Instructors, has agreed to remit such monies to you or, in the case of any adjustments for errors or otherwise under the Engagement with the World Class, return all or a portion of the monies to the Instructors. You acknowledge and agree that such payments are made to and for the benefit of you only, and not to, or for the benefit of, or for the account of World Class Education, and not for or on account of any debt of the World Class Education. You also acknowledge and agree that with respect to your Engagements with World Class Education, World Class Education is merely facilitating payments between the Instructors and its students and that World Class Education is merely a conduit for such Instructors payments to you. World Class Education agrees that it will not use any monies for such payments to you for World Class Education’s own use or purposes except for the charges and/or offsets that you have agreed to in this Agreement. You agree that World Class Education shall have no liability to you for performing the function of processing payments from Instructors and you under Engagement.