Settlement File Sample Clauses
The Settlement File clause defines the requirements and procedures for preparing and delivering a document that details the financial transactions between parties, typically following the completion of a transaction or service period. This file usually includes itemized records of payments, deductions, and adjustments, and must be provided within a specified timeframe and in a particular format agreed upon by the parties. Its core function is to ensure transparency and accuracy in financial settlements, reducing the risk of disputes by clearly documenting all relevant monetary exchanges.
Settlement File. The settlement file summarizing Travel Costs and Transactions submitted by Carrier by electronic transmission to Servicer or Member in such form or format as the Parties may agree.
Settlement File. The settlement file summarizing Travel Costs and Transactions submitted by Carrier by electronic transmission to Member in such form or format as the Parties may agree. Signatory Agreement – As defined in the Preamble. *****Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission.
Settlement File. Following the transfer of any Net Settlement Amount to Merchant’s designated bank account, OOLLET shall provide, on the same Business Day, a file containing the relevant settlement information (“Settlement File”) in relation to that Net Settlement Amount.
Settlement File. The settlement file summarizing Travel Costs and Transactions submitted by Carrier by electronic transmission to Member in such form or format as the Parties may agree. Signatory Agreement – As defined in the Preamble. Terms and Conditions of Sale – As defined in Section 3.14(b). Terminal – A point-of-transaction terminal that conforms with the requirements established from time to time by Member and the applicable Card Association capable of (i) reading the account number encoded on the magnetic stripe, (ii) comparing the last four digits of the encoded account number to the manually key-entered last four digits of the embossed account number, and (iii) transmitting the full, unaltered contents of the magnetic stripe in the Authorization message. Third-Party Terminal – A terminal, other point-of-sale device, or software provided to Carrier by any entity other than Member or an authorized designee of Member. Transaction – The purchase by, or refund to, a Cardholder, using a Card for any goods or services provided by Carrier pursuant to this Agreement in the Applicable Countries. Transaction Date – The actual date on which the Cardholder purchases goods or services with a Card, or on which a Credit Record is issued from Carrier through use of a Card. Travel Costs – Any one, or any combination of, the following items:
Settlement File. Following the transfer of any Net Settlement Amount to Company’s designated bank account, Alipay will provide, on the same Working Day, a file containing the relevant settlement information (“Settlement File”) in relation to that Net Settlement Amount.