Fees Account Sample Clauses

Fees Account. The Company will keep a bank account (Fees Account) and authorises First Data to debit the Fees Account in respect of any of the Company’s payment obligations. The Fees Account can be the same as the Settlement Account. The Company will execute a direct debit authority and will reimburse First Data for the amount of charges incurred as a result of any direct debit being rejected.
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Fees Account. The Company will keep a bank account (Fees Account) and authorises Fiserv to debit the Fees Account in respect of any of the Company’s payment obligations. The Fees Account can be the same as the Settlement Account. The Company will execute a direct debit authority and will reimburse Fiserv for the amount of charges incurred as a result of any direct debit being rejected.
Sample 1Sample 2
Fees Account. The Company will keep a bank account (Fees Account) and authorises Fiserv to debit the Fees Account in respect of any of the Company’s payment obligations. The Fees Account can be the same as the Settlement Account. The Company will execute a direct debit authority and will reimburse Fiserv for the amount of charges incurred as a result of any direct debit being rejected. Where there are insufficient funds in the Fees Account or where any debit from the Fees Account cannot be processed for any reason (whether such debit has been rejected or otherwise), Fiserv reserves the sole and absolute right to set off and/or deduct the equivalent amount from the Reserve, or from any other funds otherwise payable to the Company under this Agreement.
Sample 1Sample 2
Fees Account. The Company will keep a bank account (Fees Account) and authorises PSP to debit the Fees Account in respect of any of the Company’s payment obligations. The Company will execute a direct debit authority and will reimburse PSP for the amount of charges incurred as a result of any direct debit being rejected.
Sample 1
Fees Account. The Merchant will keep a bank account (Fees Account) and authorises Fiserv to debit the Fees Account in respect of any of the Merchant’s payment obligations. The Fees Account can be the same as the Settlement Account. The Merchant will execute a direct debit authority and will reimburse Fiserv for the amount of charges incurred as a result of any direct debit being rejected.
Sample 1

Related to Fees Account

  • Deposit Account (a) On or prior to the Closing Date, the Issuer shall cause the Servicer to establish and maintain, in the name of the Indenture Trustee, for the benefit of the Noteholders and the Certificateholders, the Deposit Account as provided in Section 5.01 of the Sale and Servicing Agreement.

  • Settlement Account 4.1 The Scheduling Coordinator shall maintain at all times an account with a bank capable of Fed-Wire transfer to which credits or debits shall be made in accordance with the billing and Settlement provisions of Section 11 of the CAISO Tariff. Such account shall be the account as notified by the Scheduling Coordinator to the CAISO from time to time by giving at least 20 days written notice before the new account becomes operational, together with all information necessary for the CAISO's processing of a change in that account.

  • Special Account 1. For the purposes of this Schedule:

  • Payment Account (a) On or prior to the Closing Date, the Property Trustee shall establish the Payment Account. The Property Trustee and any agent of the Property Trustee shall have exclusive control and sole right of withdrawal with respect to the Payment Account for the purpose of making deposits in and withdrawals from the Payment Account in accordance with this Trust Agreement. All monies and other property deposited or held from time to time in the Payment Account shall be held by the Property Trustee in the Payment Account for the exclusive benefit of the Securityholders and for distribution as herein provided, including (and subject to) any priority of payments provided for herein.

  • Special Accounts 1. For the purposes of this Schedule:

  • Separate Accounts The trustee shall maintain within the trust fund a separate account for each Agricultural Contractor that signs the trust agreement to hold deposits made pursuant to this article.

  • Separate Account If Student-Generated Content is stored or maintained by the Provider, Provider shall, at the request of the LEA, transfer, or provide a mechanism for the LEA to transfer, said Student- Generated Content to a separate account created by the student.

  • PJM E-Accounts Buyer and Seller shall work with PJM to establish any PJM E-Accounts necessary for Seller to provide Full Requirements Service. In a timely manner, Xxxxx shall establish PJM E-Account contract(s) for the entire duration of the Transaction(s) and Seller shall confirm the PJM E-Account contract(s) for the entire duration of the Transaction(s).

  • Interest Bearing Account If the Province provides Funds before the Recipient’s immediate need for the Funds, the Recipient will place the Funds in an interest bearing account in the name of the Recipient at a Canadian financial institution.

  • DISPUTES ACCOUNTS The customer must notify the Company in writing within five days of receipt of any disputed invoice. The notification must quote the relevant invoice number and must include all the necessary details of the reason the invoice is being disputed. Should the customer fail to notify The Company of any dispute, defect or damage within five days of receipt of the invoice, the customer shall be deemed to accepted the invoice and shall pay that invoice according to the terms and conditions contained in this document.

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