Financial elements Sample Clauses

Financial elements. It is agreed between the Parties that MANGOPAY shall collect the statistics for electronic money sales and calculate each month the “Partner’s Total Revenue” corresponding to the amounts paid by the Customers to the Partner (acting for the account of the issuer) in accordance with the pricing conditions laid down in the General Terms and Conditions of Sale agreed between the Partner (acting for the account of the Issuer) and its Customers. MANGOPAY shall transfer each month to the Partner the difference between the Partner’s Total Revenue and MANGOPAY’s remuneration (“MANGOPAY Transaction Fees”) as electronic money issuer and manager. Such difference constitutes the fees paid by the Issuer to the Partner for the distribution of e-money. The MANGOPAY’s remuneration is determined in accordance with the following1 : All MANGOPAY Transaction Fees exclude VAT. EURO GBP Other currencies (USD/CHF/ NOK/DKK/PLN/ SEK) All currencies Means of payment Participation Volume Visa Mastercard Carte Bleue Paylib Sofort Giropay Visa Mastercard Visa Mastercard Maestro Diners Mistercash-Bancontact Less than 100 000 equivalent euros per month 1,8% of the participation volume plus 0,18€ per participation 1,8% of the participation volume plus 0,30€ per participation 1.9% of the participation volume plus £0,20 per participation 2,5% of the participation volume plus 0,25€ per participation 2,5% of the participation volume plus 0,25€ per participation Between 100 001 equivalent euros and 499 999 equivalent euros per month 1,6% of the participation volume plus 0,18€ per participation 1,6% of the participation volume plus 0,30€ per participation 1,8% of the participation volume plus £0,20 per participation 2,3% of the participation volume plus 0,25€ per participation 2,3% of the participation volume plus 0,25€ per participation Above 500 000 equivalent euros per month 1,3% of the participation volume plus 0,18€ per participation 1,3% of the participation volume plus 0,30€ per participation 1,60% of the participation volume plus £0,20 per participation 2,0% of the participation volume plus 0,25€ per participation 2,0% of the participation volume plus 0,25€ per participation In the event of a Customer exercising his right of cancellation in accordance with the Partner’s General Terms and Conditions of Sale, MANGOPAY shall completely refund the Customer with the amount of the participation within 72 hours.
Sample 1See All (4)
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Financial elements. For the provision of the Services, the Partner shall pay a fee to MANGOPAY as described in Xxxxx- xxx 5. MANGOPAY shall issue an invoice to the Partner, on an aggregated basis at the end of each month for the fees charged to the Partner in relation to its operations for the month.
Sample 1
Financial elements. 3.1. The WOOPPAY operator renders services of an information technology nature for a fee, while the amount of remuneration paid by the Merchant is established by the Application for Accession.
Sample 1
Financial elements. It is agreed between the Parties that MANGOPAY shall collect the statistics for electronic money sales and calculate each month the “Partner’s Total Revenue”. The Partner's Total Revenue shall correspond to the aggregate amount of e-money sold by the Issuer to the Customers that is subsequently used to enter into Payment Transactions through the Platform. MANGOPAY shall transfer each month to the Partner the difference between the Partner’s Total Revenue and MANGOPAY’s remuneration (“MANGOPAY Transaction Fees”) as electronic money issuer and manager of the Programme. Such difference constitutes the fees paid by the Issuer to the Partner for the distribution of e-money. The MANGOPAY’s remuneration is determined in accordance with the following2 :
Sample 1

Related to Financial elements

  • Financial Ability Each of the Buyer Parties acknowledges that its obligation to consummate the transactions contemplated by this Agreement and the Brewery Transaction is not and will not be subject to the receipt by any Buyer Party of any financing or the consummation of any other transaction other than the occurrence of the GM Transaction Closing and, in the case of the Brewery Transaction, the consummation of the transactions contemplated by this Agreement. The Buyer Parties have delivered to ABI a true, complete and correct copy of the executed definitive Second Amended and Restated Interim Loan Agreement, dated as of February 13, 2013, among Bank of America, N.A. (“Bank of America”), JPMorgan Chase Bank N.A. (“JPMorgan”) and CBI (collectively, the “Financing Commitment”), pursuant to which, upon the terms and subject to the conditions set forth therein, the lenders party thereto have committed to lend the amounts set forth therein (the “Financing”) for the purpose of funding the transactions contemplated by this Agreement and the Brewery Transaction. The Buyer Parties have delivered to ABI true, complete and correct copies of the fee letter and engagement letters relating to the Financing Commitment (redacted only as to the matters indicated therein), the Financing Commitment has not been amended or modified prior to the date of this Agreement, and, as of the date hereof, the respective commitments contained in the Financing Commitment have not been withdrawn, terminated or rescinded in any respect. There are no agreements, side letters or arrangements to which CBI or any of its Affiliates is a party relating to the Financing Commitment that could affect the availability of the Financing. The Financing Commitment constitutes the legally valid and binding obligation of CBI and, to the Knowledge of CBI, the other parties thereto, enforceable in accordance with its terms (except as such enforceability may be limited by bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium and other similar Laws of general applicability relating to or affecting creditors’ rights, and by general equitable principles). The Financing Commitment is in full force and effect and has not been withdrawn, rescinded or terminated or otherwise amended or modified in any respect, and no such amendment or modification is contemplated. Neither CBI nor any of its Affiliates is in breach of any of the terms or conditions set forth in the Financing Commitment, and assuming the accuracy of the representations and warranties set forth in Article 4 and performance by ABI of its obligations under this Agreement and the Brewery SPA, as of the date hereof, no event has occurred which, with or without notice, lapse of time or both, would reasonably be expected to constitute a breach, default or failure to satisfy any condition precedent set forth therein. As of the date hereof, no lender has notified CBI of its intention to terminate the Financing Commitment or not to provide the Financing. There are no conditions precedent or other contingencies related to the funding of the full amount of the Financing, other than as expressly set forth in the Financing Commitment. The aggregate proceeds available to be disbursed pursuant to the Financing Commitment, together with available cash on hand and availability under CBI’s existing credit facility, will be sufficient for the Buyer Parties to pay the Purchase Price hereunder and under the Brewery SPA and all related fees and expenses on the terms contemplated hereby and thereby in accordance with the terms of this Agreement and the Brewery SPA. As of the date hereof, CBI has paid in full any and all commitment or other fees required by the Financing Commitment that are due as of the date hereof. As of the date hereof, the Buyer Parties have no reason to believe that CBI and any of its applicable Affiliates will be unable to satisfy on a timely basis any conditions to the funding of the full amount of the Financing, or that the Financing will not be available to CBI on the Closing Date.

  • FINANCIAL EVALUATION (a) The financial bid shall be opened of only those bidders who have been found to be technically eligible. The financial bids shall be opened in presence of representatives of technically eligible bidders, who may like to be present. The institute shall inform the date, place and time for opening of financial bid.

  • Performance Expectations The Charter School’s performance in relation to the indicators, measures, metrics and targets set forth in the Comprehensive Performance Framework shall provide the basis upon which the SCSC will decide whether to renew the Charter School’s Charter Contract at the end of the Charter term. This section shall not preclude the SCSC from considering other factors when relevant.

  • FINANCIAL IMPLICATIONS There are no budget implications. The applicant will be responsible for all costs, expenses, liabilities and obligations imposed under or incurred in order to satisfy the terms of this proposed development agreement. The administration of the proposed development agreement can be carried out within the approved 2019- 2020 budget and with existing resources.

  • FINANCIAL EFFECTS This Agreement will not have any material impact on the issued share capital of the Group and the earnings and net assets of the Group for financial year ending 31 July 2020 but is expected to contribute positively to the earnings of the Nexgram Group during the tenure of the appointment.

  • Financial Exigency 25.1 The parties agree that the process of long-range planning should obviate the possibility of a financial exigency occurring. However, the parties further agree that in the unlikely event of a financial exigency, in view of the ramifications to the careers of academic staff members, an orderly and equitable way of dealing with the situation is essential.

  • Factors The external Reimbursable Expenses and Engineer’s Consultant’s Factors include Engineer’s overhead and profit associated with Engineer’s responsibility for the administration of such services and costs.

  • Financial Impact The school anticipates that the requested waivers will have no financial impact on Denver Public Schools or the school. How the Impact of the Waivers Will be Evaluated: Since this area has a critical impact on the performance of the entire school, the impact of this waiver will be measured by the same performance criteria and assessments that apply to the school, as set forth in this Charter School Agreement.

  • Performance Evaluations 34.1. The Contractor is subject to an annual performance evaluation to be conducted by NYCDOT pursuant to the PPB Rules.

  • Impact direct impact on people does not necessarily require direct contact, for example, environmental health, trading standards and similar officers may have a direct impact on people, through the implementation or enforcement of regulations, without necessarily having direct contact with those who benefit.

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