Payment Acceptance Clause Samples

Payment Acceptance. The acceptance by City of any payments hereunder shall not preclude City from verifying the accuracy of any reports submitted by Airline to City or recovering from Airline any additional payments to City that are actually due.

Payment Acceptance. On the terms and subject to the conditions of the Offer and this Agreement, Parent shall cause Sub to accept for payment and pay for all shares of Company Common Stock validly tendered and not withdrawn pursuant to the Offer that Sub becomes obligated to purchase pursuant to the Offer as soon as practicable after the expiration of the Offer.

Payment Acceptance. On the terms and subject to the conditions of the Offer and this Agreement, Purchaser shall accept for payment and pay for all Shares validly tendered and not withdrawn pursuant to the Offer that Purchaser becomes obligated to purchase pursuant to the Offer promptly after the expiration of the Offer.

Payment Acceptance. 5.1 All payments, regardless of the payment method used, will be received into a Nedbank impersonal account. Once the order has been fulfilled, the money will be deposited into your settlement account. 5.2 If you sell products or services to business buyers, payments must be made via EFT. 5.3 You must give us the details of your settlement account into which the money must be deposited. We will not be responsible or liable if this account details are incorrect or if the account is closed or blocked.

Payment Acceptance. 2.1 Commencing from the date of this Agreement, MERCHANT shall honor every Valid Card/ e-wallet/ others when properly presented as payment from the Customers for all transactions. The MERCHANT shall not engage in acceptance procedures that discriminate against or discourage the use of Mastercard, JCB, Visa, Union Pay Card, and/or QRPH in favor of any other competing card brand that is also accepted by the MERCHANT. 2.2 The MERCHANT should be based in the Philippines and shall accept card payments from Mastercard, VISA, JCB, Union Pay and QRPH. 2.3 The MERCHANT shall not complete a transaction if: a. the Card/QR is expired or is not activated yet; or b. the MERCHANT has been advised to decline the Card/QR as per POS or Authorization Center; or c. the Card/QR presented has any signs of tampering, alterations or irregularities in the face or back of the Card. 2.4 RCBC shall provide the necessary materials to the MERCHANT to conduct POS/QR transactions. 2.5 The Merchant may request but must not require a Customer to provide additional identification information as a condition of Card acceptance, unless such information is required to complete the transaction, such as for shipping purposes, or the Schemes specifically permit or require such information to be collected.

Payment Acceptance. On the terms and subject to the conditions of the Offer and this Agreement, if, at any Expiration Time, all of the Tender Offer Conditions have been satisfied or waived in writing by BNN and this Agreement has not otherwise been terminated in accordance with its terms, BNN shall accept for payment, and pay for, all shares of MICT Common Stock that are validly tendered and not withdrawn pursuant to the Offer as promptly as practicable after the Expiration Time (the time and date on which BNN irrevocably accepts such shares of MICT Common Stock for payment, the "Acceptance Time"). BNN shall provide on a timely basis the funds necessary to purchase any shares of MICT Common Stock that BNN becomes obligated to purchase pursuant to the Offer. For purposes of this Article I, the term "Business Day" has the meaning provided in Rule 14d-1(g)(3) under the Exchange Act.

Payment Acceptance. The Bank will accept payments on behalf of the Customer at any Scotiabank de Puerto Rico branch ("Bank Branch" or "Bank Branches") during banking hours. Payments can be accepted either in cash or by check subject to specifications detailed in Exhibit I, every "Business Day". The Bank Branches will provide a generic receipt to the Customer's client which will include date of receipt by the Bank Branch and dollar amount of payment. Deposit Preparation - In accordance with this Agreement and the specifications agreed to in writing by the Bank and Customer, the Bank will collect and deliver the payments to the bank's central processing site. Any payments that do not comply with the specifications detailed in Exhibit I will not be processed and will be returned to the Customer. The Bank will endorse each check on behalf of the Customer and will post the deposit to the Account on the next Business Day after the payments are received at the Bank Branches ("Deposit Date"). Availability of funds for withdrawal will be governed by the Bank's deposit availability rules. Scotiabank de Puerto Inc. Returned Checks - If any checks deposited in the Account are returned for insufficiency of funds or otherwise the Bank will return these checks to the Customer and debit the Account for the total amount of the check. Applicable returned check fees will be billed monthly. Delivery of Documents and Posting File - The Bank will deliver a daily electronic posting file on the Deposit Date containing information regarding all payments received and processed by the Bank as per agreed upon specifications. Supporting documents will be delivered as per Schedule I.

Payment Acceptance. ‌ The acceptance by City of any payments hereunder shall not preclude City from verifying the accuracy of any reports submitted by Airline to City or recovering from Airline any additional payments to City that are actually due. – Payment Under Protest‌ Notwithstanding anything to the contrary contained in this Agreement, if a dispute shall arise between City and Airline with respect to any obligation of Airline to pay money, the payment by Airline under protest of the amount claimed by City to be due shall not waive any of Airline’s rights, and if any court or other body having jurisdiction determines that all or any part of the protested payment was not due, then City shall immediately reimburse Airline any amount determined as not due.