Payment for Charges Clause Samples
Payment for Charges a. We will pay you for Charges in accordance with this Agreement. You will receive payment according to your payment plan in Local Currency for the face amount of Charges submitted from your Establishments in the United Kingdom less any the amounts for which we have Chargeback rights and the full amount of any Credits. We will then collect from you, on a monthly basis by direct debit, the Discount and any other fees or amounts you owe us or our Affiliates under any agreement or arrangement. In the event that a direct debit is not successful, you must immediately arrange payment to us. Your default payment plan is five (5) Business Days from receipt by us of all relevant Charge Data, although alternative payment plans are available. You shall not be entitled to receive payment for or on behalf of any third party.
b. In the event that you fail to make payment to us as required under Section 5.a above, we may, in our sole discretion switch you to our net pay program. This will result in future payments being made to you according to your payment plan in Local Currency for the face amount of Charges submitted from your Establishments in the United Kingdom, less:
(i) any Discount;
(ii) any other fees or amounts you owe us or our Affiliates under any agreement or arrangement;
(iii) any amounts for which we have Chargeback rights; and
(iv) the full amount of any Credits you submit.
c. WE WILL MAKE AVAILABLE INFORMATION ABOUT YOUR CHARGES AND CREDITS, INCLUDING THE DISCOUNT AND ANY OTHER FEES OR AMOUNTS PAID, ON NO LESS THAN A MONTHLY BASIS. YOU AGREE THAT WE MAY PROVIDE YOU WITH INFORMATION ABOUT THE DISCOUNT AND ANY OTHER FEES PAYABLE BY YOU, ON AN AGGREGATED BASIS. Although American Express does not have fees payable between acquirers and issuers, where a transaction is regulated pursuant to Regulation (EU) 2015/751, the American Express
d. The information referred to in Sections 5.a and 5.b above will be made available to you online. You can access this information through your online merchant account at ▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇/▇▇▇▇▇▇▇▇. If you choose to receive paper statements, we may charge you a fee for each paper statement, as set out in Schedule C.
e. You must notify us in writing of any error or omission in respect of your Discount or other fees or payments for Charges or Credits within ninety (90) days of the date of the applicable statement or other reconciliation data received from us containing such claimed error or omission, or we will consider the...
Payment for Charges. We will pay you, through our agent, according to your payment plan in U.S. dollars for the face amount of Charges submitted from your Establishments less all applicable deductions, rejections, and withholdings, which include: (i) the Discount, (ii) any amounts you owe us or our Affiliates, (iii) any amounts for which we have Chargebacks and (iv) any Credits you submit. Your initial Discount is indicated in the Agreement or otherwise provided to you in writing by us. In addition to your Discount we may charge you additional fees and assessments, as listed in the Merchant Regulations. We may adjust any of these amounts and may change any other amount we charge you for accepting the Card.
Payment for Charges. We will pay you according to your payment plan in Canadian dollars for the face amount of Charges submitted from your Establishments in Canada less all applicable deductions, rejections, and withholdings, which include: (i) the Discount, (ii) any amounts you owe us or our Affiliates, (iii) any amounts for which we have Chargebacks, and (iv) any Credits you submit. Your initial Discount is indicated in this Agreement or otherwise provided to you by us. In addition to the Discount, we may charge you additional fees and assessments for accepting Cards as listed in the Merchant Operating Manual or as otherwise provided to you in writing by us. We may adjust any of these amounts and may charge you new fees and other amounts for accepting the Card. We will provide you with at least 90 days notice of any increase to your current fees and assessments or if we add a new fee or assessment unless the increase is made in accordance with a pre-determined fee schedule as part of this Agreement.
Payment for Charges. We will pay you, through our agent, according to your payment plan in U.S. dollars for the face amount of Charges submitted from your Establishments less all applicable deductions, rejections, and withholdings, which include: (i) the Discount, (ii) any amounts you owe us or our Affiliates, (iii) any amounts for which
Payment for Charges. We will pay you according to your payment plan in U.S. dollars for the face amount of Charges submitted from your Establishments less all applicable deductions, rejections, and withholdings, which include: (i) the Discount, (ii) any amounts you owe us or our Affiliates, (iii) any amounts for which we have Chargebacks, and (iv) any amounts for which you have submitted Credits. Your Discount for the Initial Term is set forth on Schedule A. Following the Initial Term, we may adjust the Discount upon sixty (60) days prior written notice to you. In addition to your Discount the only other fee we may charge you are processing/Gateway Fees. A Gateway Fee is a fee applied if you or your Covered Parties route Authorization requests to us through the Visa or MasterCard processing gateways, Visa and MasterCard charge us fees for these Authorizations. We will pass Visa or MasterCard fees (i.e., a pass through fee with no ▇▇▇▇-up from us), which may vary depending on Authorization volume and other factors, on to you for all of your Authorizations that are routed through their gateways in a given month.
Payment for Charges a. Currency and Payment Amounts. Amex Bank will pay Corporation in Canadian dollars for the face amount of Charges submitted through BIP in Canada less: (i) any amounts Corporation owes Amex Bank or any Amex Bank Affiliate, including amounts Amex Bank advises Corporation of from time to time, or otherwise pursuant to this Agreement, and (ii) any amounts for which Amex Bank has Payment Reversals.
Payment for Charges a. Currency and Payment Amount. We will pay you according to your payment plan in Canadian dollars for the face amount of Charges submitted from your Establishments in Canada less: (i) the Discount; (ii) any amounts you owe us or our Affiliates, including amounts we advise you of from time to time, or otherwise pursuant to this Agreement; (iii) any amounts for which we have Chargebacks; and (iv) any Credits you submit.
Payment for Charges. A. We will pay you according to your payment plan in U.S. dollars for the face amount of Charge submitted from your Establishments less: (i) the Discount, (ii) any amounts you owe us or our Affiliates, (iii) any amounts for which we have Chargebacks, and (iv) any Credits you submit. Your initial Discount is 3.00% or as otherwise provided to you in writing by us in accordance with the Net Annual Worldwide Charge Volume pursuant to the Discount Rate table indicated in Schedule A. Schedule A is a part of, and is hereby incorporated by reference into, the Agreement. The Discount Rate for all Cards other than “Prepaid Cards” shall be as follows:
(1) Establishments that (A) obtain Authorization of Charges electronically and
Payment for Charges. We will pay you according to the one-day payment plan set forth in the Merchant Regulations in U.S. dollars for the face amount of Charges submitted from your Establishments less all applicable deductions, rejections, and withholdings, which include: (i) the Discount, (ii) any amounts you owe us or our Affiliates, (iii) any amounts for which we have Chargebacks, and (iv) any amounts for which you have submitted Credits. Your initial Discount is indicated in the Agreement or otherwise provided to you in writing by us. In addition to your Discount the only other fee we may charge you are processing/gateway fees.
Payment for Charges. You shall advise us which of the below mentioned payment options you select or if you change from one option to another: You shall submit all Charges electronically. We will pay you according to your payment plan in U.S. dollars for the face amount of Charges submitted from your Establishments less any Credits you submit. We may debit your Bank Account for all applicable deductions, rejections, and withholdings, which include: (i) the Discount, (ii) any amounts you owe us or our Affiliates, (iii) any amounts for which we have Chargebacks, and (iv) any Credits you submit that we are unable to deduct from our payments to you. If we cannot debit your Bank Account, we may invoice you for such amounts. You shall pay us within thirty (30) days of your receipt of our invoice. Notwithstanding the foregoing, if you do not pay us within thirty (30) days of your receipt of our invoice(s), we may offset such amounts from future payments we would otherwise make to you.