Payment of Processing Fees Sample Clauses

The Payment of Processing Fees clause establishes the obligation for one party to pay fees associated with the handling or administration of a particular transaction or service. Typically, this clause specifies when and how these fees must be paid, such as upfront, upon completion of a service, or on a recurring basis, and may outline the acceptable methods of payment. Its core practical function is to ensure that the party providing the processing service is compensated for their administrative efforts, thereby preventing disputes over payment and clarifying financial responsibilities.
Payment of Processing Fees. IIC will pay LMG the processing fees weekly for services specified in sections 1 and 2 above. Fees for services specified in sections 1 and 2 will be paid by wire transfer within five (5) days of receipt of such documentation.
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Payment of Processing Fees. American National will pay LMG the processing fees from 1, 2, 3, 4, and 5, above weekly by wire transfer on the same business day or the next business day of receipt of documentation of units received. Out of Pocket Expenses will be paid as set forth in Section 6 above.
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Payment of Processing Fees. H▇▇▇▇▇▇ will pay LMG the processing fees from 1 and 2 weekly. Fees from 1 and 2 will be paid by wire transfer within 5 days of receipt of such documentation.
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Payment of Processing Fees. Transamerica will pay LMG the processing fees from 1 and 2 weekly. Fees from 1 and 2 will be paid by wire transfer within 5 days of receipt of such documentation.
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Payment of Processing Fees. The Processing and Installation Fees for the initial Term shall be payable in accordance with the following schedule: (a) the Installation Fee shall be payable upon execution of this Agreement; (b) Processing Fees shall be payable monthly based upon the actual usage incurred during the prior month
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Payment of Processing Fees. The Processing and Installation Fees for the initial Term shall be payable in accordance with the following schedule: the Installation Fee shall be payable upon execution of this Agreement; Processing Fees shall be payable monthly based upon the actual usage incurred during the prior month Additional Services This Agreement excludes the provision of settlement prices and SPAN arrays. A monthly fee will be assessed for the prices and SPAN arrays associated with each individual exchange. Additional services which may also be required, but not exclusively limited to, include Disaster Recovery Service and Real Time Price Feed, and shall require payment of additional fees and will be billed separately. All communication line costs are the rsponsibility of the Customer. This includes, but is not limited to, Easylink and Graphnet transmission charges. Any charges as a result of using third-party vendors to perform processing services for the Customer will be the responsibility of the Customer. This includes, but is not limited to, such services as creating microfiche and delivering statements to customers electronically. SCHEDULE H CUSTOMIZATION REQUEST Date: Requested Functionality: Specifications:
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Related to Payment of Processing Fees

  • Payment of Proceeds Borrower shall forthwith upon receipt of all proceeds of Collateral, pay such proceeds (insurance or otherwise) over to Lender for application against the Obligations in such order and manner as Lender may elect.

  • Processing Fees The Borrower acknowledges that processing fee as mentioned in the Schedule hereto has been paid by the Borrower.

  • Disbursement of Proceeds In the event Tenant is required to restore any Property pursuant to Section 10.2 and this Agreement is not terminated as to such Property pursuant to this Article 10, Tenant shall commence (or cause to be commenced) promptly and continue diligently to perform (or cause to be performed) the repair and restoration of such Property (hereinafter called the “Work”), so as to restore (or cause to be restored) the applicable Property in material compliance with all Legal Requirements and so that such Property shall be, to the extent practicable, substantially equivalent in value and general utility to its general utility and value immediately prior to such damage or destruction. Subject to the terms hereof, Landlord shall advance the insurance proceeds and any additional amounts payable by Landlord pursuant to Section 10.2.3 or otherwise deposited with Landlord to Tenant regularly during the repair and restoration period so as to permit payment for the cost of any such restoration and repair. Any such advances shall be made not more than monthly within ten (10) Business Days after Tenant submits to Landlord a written requisition and substantiation therefor on AIA Forms G702 and G703 (or on such other form or forms as may be reasonably acceptable to Landlord). Landlord may, at its option, condition advancement of such insurance proceeds and other amounts on (a) the absence of any Event of Default, (b) its approval of plans and specifications of an architect satisfactory to Landlord (which approval shall not be unreasonably withheld, delayed or conditioned), (c) general contractors’ estimates, (d) architect’s certificates, (e) conditional lien waivers of general contractors, if available, (f) evidence of approval by all governmental authorities and other regulatory bodies whose approval is required, (g), if Tenant has elected to advance deficiency funds pursuant to Section 10.2.3, Tenant depositing the amount thereof with Landlord and (h) such other certificates as Landlord may, from time to time, reasonably require. Landlord’s obligation to disburse insurance proceeds under this Article 10 shall be subject to the release of such proceeds by any Facility Mortgagee to Landlord. Tenant’s obligation to restore the applicable Property pursuant to this Article 10 shall be subject to the release of available insurance proceeds by the applicable Facility Mortgagee to Landlord or directly to Tenant and, in the event such proceeds are insufficient, Landlord electing to make such deficiency available therefor (and disbursement of such deficiency).

  • Payment of Trust Fees The Owner Trustee shall pay the Trust's fees and expenses incurred with respect to the performance of the Trust's duties under the Indenture.

  • Processing Fee ▇▇▇▇▇▇▇▇ agrees to pay Purchaser the Processing Fee listed on the first page of this Agreement to reimburse Purchaser for expenses incurred in processing Merchant’s application, providing toll-free access to customer service representatives, filing and terminating UCC financing statement(s) against Merchant and fees that Purchaser pays any other person for referring Merchant to Purchaser and assisting with the origination of the sale of the Future Receipts. Purchaser will deduct the amount of the Processing Fee from the Purchase Price that is to be paid to Merchant.