PAYMENTS TO US. 20.1 In the event of a Spot FX Contract, you will ensure that you hold enough Electronic Money in the Sale Currency in your Lumon Wallet to cover the Sale Monies no later than the close of business on the Value Date.
PAYMENTS TO US. 10.1 All payments owed to us shall be immediately due and payable, on deemed receipt by you, of a written or oral demand by us. All payments to us must:
PAYMENTS TO US. 10.1 Except as set out in Clause 11, you will be invoiced for all rental, service, subscriptions, and consumables and payment is due 30 days from the date of invoice (“Due Date”).
PAYMENTS TO US. By executing this Agreement, you agree that we shall have the right to withdraw funds from your designated bank account each week by electronic funds transfer (“EFT”) in the amount of the Royalty Fee, Brand Development Fee and any other payments due to us and/or our affiliates. If you do not accurately and timely report the Restaurant’s Net Sales, we may debit your account for 120% of the last Royalty Fee and Brand Development Fee that we debited. If the Royalty Fee and Brand Development Fee we debit are less than the Royalty Fee and Brand Development Fee you actually owe to us, once we have been able to determine the Restaurant’s true and correct Net Sales, we will debit your account for the balance on a day we specify. If the Royalty Fee and Brand Development Fee we debit are greater than the Royalty Fee and Brand Development Fee you actually owe, we will credit the excess against the amount we otherwise would debit from your account during the following week. You shall, upon execution of this Agreement or at any time thereafter at our request, execute such documents or forms as we or your bank determine are necessary for us to process EFTs from your designated bank account for the payments due hereunder. If payments are not received when due, interest may be charged by us in accordance with Section 4.5 below. Upon written notice, you may be required to pay such fees directly to us in lieu of EFT, at our sole discretion.
PAYMENTS TO US. Each payment to be made to us hereunder shall be made free and clear and without deduction for any Taxes.
PAYMENTS TO US. The only circumstance in which we will directly accept a monetary sum from you is in relation to payment of an invoice. We do not accept cash as a form of payment. Any payment to a third party must be addressed to that third party. We do not accept Client Money (as that term is defined by the FCA).
PAYMENTS TO US. When your account has a negative balance at the end of a billing period and you have elected to receive payments from us by ACH transfer, you authorize us to withdraw the balance due us from your bank account by ACH transfer on the Friday following the end of the billing period, unless the Friday is a bank holiday, in which case the withdrawal will be made the next business day. If our withdrawal attempt is unsuccessful, your access to the Service may be interrupted. If you have elected to receive payments from us by check, you agree to pay us the balance due us within 30 days of the ending date of that billing period. Late payments are subject to a 1.5% service charge per 30 days overdue and may result in interruption of your access to the Service.
PAYMENTS TO US. When your account has a balance due at the end of a billing period, you authorize us to withdraw the balance due from your bank account by ACH transfer on the 5th day following the end of the billing period, unless the 5th day is not a business day, in which case the withdrawal will be made the next business day. If our withdrawal attempt is unsuccessful, your access to the Service may be interrupted. Alternative payment terms may be specified in a separate Service & Pricing Agreement.
PAYMENTS TO US. 25.1. You will pay to us, in the Approved Currency in which they are incurred, the fees and charges specified in the Fees and Special Conditions Module as being applicable to our Debt Purchase Services and all other fees (including legal fees), charges and other expenses provided for in this Agreement and/or directly incurred by us in providing our services to you and such other fees as we may agree from time to time, such as following a breach of this Agreement, a change in your business or the risk to us in providing our services to you.
