Examples of Payout Schedule in a sentence
Stripe will transfer settlement funds for Transactions, net of Fees, Disputes, Refunds, Reversals and other amounts owed to Stripe, from the applicable Pooled Account to the applicable User Bank Account within the time period stated in the Payout Schedule, unless a Payout Delay occurs and affects the transfer initiation, or Stripe exercises a right under this Agreement to withhold or delay the transfer.
You may use the Stripe Technology to redeem E-money Stripe holds for you for par value, and Stripe will settle funds to the User Bank Account according to the Payout Schedule.
Any funds that we are holding in custody for you at the time of closure, and any funds relating to a Transaction processed prior to account closure, less any applicable Fees including but not limited to Refunds will be paid out according to the Payout Schedule, subject to the other conditions in this Agreement.
The term "Payout Schedule" refers to the time it takes for us to initiate settlement to your Payout Account.
We reserve the right to change the Payout Schedule or to suspend settlement to you at any time.