Paying Client definition

Paying Client means any user of the Services who has entered into an agreement to pay Fees for the Services.
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Examples of Paying Client in a sentence

  • Irrespective of the grounds for the Bank's provision of the Banking Service to the Recipient Client (this Agreement or a separate Guaranteed Payment Agreement), the Bank's provision of the Banking Service to the Paying Client shall be carried out in accordance with this Agreement.

  • The Paying Client has the right to create an unlimited number of Applications for Guaranteed Payment within the amount of the Available Limit of Guaranteed Payments as of the moment of creation of each Application for Guaranteed Payment.

  • The terms and concepts in this clause 5.6 of the Agreement have the following meanings: Used Limit of Guaranteed Payments - the actual amount owed by the Paying Client under the Overdraft plus the sum of all Guaranteed Payments provided for by the relevant Applications for Guaranteed Payment, which have not yet been fulfilled by the Bank.

  • By signing each Application for Guaranteed Payment, the Paying Client gives the Bank consent to the execution of the Guaranteed Payment provided for in the relevant Application for Guaranteed Payment, through the Bank's execution of payment transactions from the Debit of the Special Account (as this term is defined below) based on the payment instructions of the Client-Beneficiary, 5.

  • Any such taxes which are otherwise imposed on payments to BidContender shall be the sole responsibility of Paying Client.

  • The Client and BidContender agree that the disclaimer, exclusions and limitations in this Agreement are fair and reasonable given the amount of Fees paid by the Paying Client and the number of Clients receiving the Services.

  • From the date the Bank sends the Client-Beneficiary a notice of termination of the Banking Service to the Paying Client, the Client- Beneficiary has no right to initiate connection to the Banking Service of such a Paying Client and to create corresponding Applications for Connection.

  • All other Bank commissions (including, but not limited to, account opening and maintenance, payment transactions, use of the Client-Bank System, etc.) are paid by the Paying Client in the amount and manner determined by the Bank Tariffs, as well as any other agreements, concluded between the Bank and the Paying Client.

  • From the date of termination of the Bank's provision of Banking Services to the Beneficiary Client, with which a separate Guaranteed Payments Agreement has been concluded, the Paying Client who has been connected to the Banking Service at the initiative of such Beneficiary Client shall not have the right to create Guaranteed Payments Applications after the last Banking Day of the Term of the Banking Service to fulfill its Debt Obligations under the Agreement in full.

  • Regardless of the basis for the Bank's provision of the Banking Service to the Recipient Client (this Agreement or a separate Guaranteed Payment Agreement), the Bank shall provide the Banking Service to the Paying Client in accordance with this Agreement.