Other Payment Mechanism Sample Clauses

Other Payment Mechanism. Where Avaya agrees to be paid by “Payment Mechanism”: • If any payment made via Payment Mechanism is rejected, denied or returned unpaid for any reason: (a) Avaya may suspend Customer’s subscription and access to the Service; (b) Customer will be liable for any fees, costs, expenses or other amounts Avaya incurs arising from such rejection, denial, or return (and Avaya may automatically charge Customer for such amounts); and (c) Avaya may provide Customer with further instructions regarding how Customer may update or replace the relevant payment method. If Customer fails to provide a valid alternative Payment Mechanism within thirty (30) days after the Services have been suspended, Avaya may terminate the Services, in which case Customer will be subject to any applicable termination fees outlined in the Service Description. If the new Payment Mechanism is accepted, the subscription billing date will remain the same as the original date for subsequent months. Customer’s payment obligation shall be satisfied when Avaya’s payment processor provides notification of final good funds in settlement of Customer’s credit card. Avaya may agree to allow Customer to pay amounts due in arrears. In such event, Customer will make all of the payments due within thirty (30) calendar days of the date of the invoice. If applicable, Customer’s Payment Mechanism will be automatically charged recurring fees on a regular basis during the Service Period as set out in the Order, Service Description, SLS or SOW, including during any renewals, unless Customer cancels the subscription. Customer authorizes Avaya or its payment processor to process such automatic recurring charges. If Customer cancels a subscription, Customer will not be entitled to a refund or a credit for any fees already due and/ or paid, and Customer will be subject to any termination fees outlined in the Order, Service Description, SLS or SOW.
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Related to Other Payment Mechanism

  • Adjustment Mechanism If an adjustment of the Exercise Price is required pursuant to this Section 6 (other than pursuant to Section 6.4), the Holder shall be entitled to purchase such number of shares of Common Stock as will cause (i) (x) the total number of shares of Common Stock Holder is entitled to purchase pursuant to this Warrant following such adjustment, multiplied by (y) the adjusted Exercise Price per share, to equal the result of (ii) (x) the dollar amount of the total number of shares of Common Stock Holder is entitled to purchase before adjustment, multiplied by (y) the total Exercise Price before adjustment.

  • Payment Mechanics All payments of principal and interest hereunder are to be made in lawful money of the United States of America in the manner specified in Article III of the Purchase and Sale Agreement.

  • Purchase Mechanism If the Focus Investor exercises its rights provided in this Section 4.5, the closing of the purchase of the New Securities with respect to which such right has been exercised shall take place within 30 calendar days after the giving of notice of such exercise, which period of time shall be extended for a maximum of 180 days in order to comply with applicable laws and regulations (including receipt of any applicable regulatory or corporate approvals). The Company and the Focus Investor agree to use commercially reasonable efforts to secure any regulatory or corporate approvals or other consents, and to comply with any law or regulation necessary in connection with the offer, sale and purchase of, such New Securities.

  • Cashless Settlement Mechanism Notwithstanding anything to the contrary in this Agreement, any Lender may exchange, continue or rollover all or the portion of its Loans in connection with any refinancing, extension, loan modification or similar transaction permitted by the terms of this Agreement, pursuant to a cashless settlement mechanism approved by the Borrower, the Administrative Agent and such Lender.

  • Payment Methods and Amounts There are limits on the amount of money you can send or receive through our Service. Your limits may be adjusted from time-to-time in our sole discretion. For certain Services, you may have the ability to log in to the Site to view your individual transaction limits. We or our Service Provider also reserve the right to select the method in which to remit funds on your behalf though the Service, and in the event that your Eligible Transaction Account is closed or otherwise unavailable to us the method to return funds to you. These payment methods may include, but may not be limited to, an electronic debit, a paper check drawn on the account of our Service Provider, or draft check drawn against your account.