Payment Mechanism definition

Payment Mechanism means the payment mechanism through the internet utilizing the Acquiring Bank's Services and through such other modes and mechanisms of payment and delivery as may be notified by the SabPaisa from time to time.

Payment Mechanism means Schedule Part 14 (Payment Mechanism);

Payment Mechanism means the entire processing and facilitation of online payments by Master Merchant with help of the services of Facility Providers, mechanism through the Internet utilizing the internet banking facility; internet based electronic commerce, internet payment gateway of various Facility Providers and through such other modes and mechanisms of payment and delivery as may be notified by the Master Merchant from time to time.

Examples of Payment Mechanism in a sentence

• The structure of the Payment Mechanism includes a payment in arrears for the service.

• The Partnership Agreement between the Council and the Trust includes a Payment Mechanism with a formula, which provides for deductions from the agreed Contract Fee in the event of non-performance by the Trust.

• The M&V service is important due to the role it has in identifying achievement of the Guaranteed Energy Cost Performance, and the Payment Mechanism Deductions associated with non-performance.

• To modify SIP debit bank mandate, the investor may fill a separate form, viz., “Change of Payment Mechanism form” which is available at all the offices of the Mutual Fund.

• Final Redemption Amount:Aggregate Nominal Amount.(i) Alternative Payment Mechanism (Conditions 7(a) and (c)):Not applicable.(ii) Long Maturity Note (Condition 7(f)):Not applicable.(iii) Variable Redemption Amount (Condition 6(d)):Not applicable.24.

More Definitions of Payment Mechanism

Payment Mechanism means the payment mechanism set out in Schedule 20 – Payment Mechanism.

Payment Mechanism the mechanism in terms of which Unitary Payment payable tothe Private Partyby the NDoT is governed as set out in Schedule14(Payment Mechanism) hereto; “Penalty/ies” - the penalty/ies denominated in Rand and payable by the Private Party in terms of Schedule 15(Penalty Regime) for failure to meet its obligations set out in the SLA, and Schedule 5 (Target Group Terms) for failure to meet its Target Group obligations; “Performance Bond” - performance bond be issued by the registerd financial institution and to be delivered by thePrivate Pay to the NDoT in accordance with Clause 24 (PERFORMANCE BOND);

Payment Mechanism means the method in which a One-time In-Home Subsidy, Recurring In-Home Subsidy, or a combination of both is distributed to the client.

Payment Mechanism means ECS, ACH, RTGS or payment by way of cheque, as the case may be.

Payment Mechanism means the entire processing and facilitation of online payments by Service Provider with help of the services of Facility Providers, mechanism through the Internet utilizing the internet banking facility; internet based electronic commerce, internet payment gateway of various Facility Providers and through such other modes and mechanisms of payment and Delivery as may be notified by the SMARTWAVE / Service Provider from time to time.

Payment Mechanism means upon receipt by the Trust of a confirmation of electronic funds transfer of the Trust to the Participating Preferred Trust Unitholder or alternatively, mailing of a cheque in a postage pre-paid envelope, addressed to the Participating Preferred Trust Unitholder at the Participating Preferred Trust Unitholder's address appearing in the Register, unless such cheque is dishonoured upon presentment.

Payment Mechanism means the payment mechanism set out in Schedule 4; Performance Failure: any failure to provide the Services in accordance with the Performance Standards: Performance Standards: the standards to which the Contractor shall perform the Services as required by the Specification and such higher and/or additional standards (that do not otherwise lower the standards required by the Specification) as may be contained in the Method Statements;