Common use of Payment Instruction Clause in Contracts

Payment Instruction. 1. Party A shall use the financial account of Beijing Foreign Studies University Tongwen Educational Center to settle the admission service fee and information service fee; in the settlement of university application and visa service fee, and Party A use the financial account of BFSU (Beijing) International Cultural Exchange Co., Ltd., the company to which Party A belongs, to settle any rebate by the foreign university. 2. The name of the financial account used by Party B shall be the same as the name of the company sealing and signing the Agreement, otherwise Party A shall not settle the payment. 3. Each party shall bear the corresponding taxes.

Appears in 3 contracts

Sources: Cooperation Agreement (China Liberal Education Holdings LTD), Cooperation Agreement (China Liberal Education Holdings LTD), Cooperation Agreement (China Liberal Education Holdings LTD)