Common use of Payment Processing Clause in Contracts

Payment Processing. 1.1. Subject to the General Terms of Use read with the Specific Terms of Use for Payment Aggregation Services, Razorpay shall facilitate collection of online payments for products/ services sold by You. 1.2. Subject to Clause 3 and 4 hereunder, ▇▇▇▇▇▇▇▇ shall settle the Transaction Amount (net of Permissible Deductions) into Your account within two (2) Escrow Bank working days following the date of the Transaction. 1.3. If Razorpay settles the Transaction Amount under the General Terms of Use or any Specific Terms of Use thereunder, at an earlier time than agreed above, ▇▇▇▇▇▇▇▇ shall have an absolute right to recover the Transaction Amount forthwith if the same is not received in the Escrow Account within three (3) Escrow Bank Working Days following the date of the Transaction for any reason whatsoever. 1.4. Razorpay shall have an absolute right to place limits on the Transaction value. 1.5. You may choose to purchase fee credits from Razorpay in respect of the Services being rendered under this Specific Terms of Use for Payment Aggregation Services. It is agreed that in respect of each Transaction, Razorpay shall be entitled to deduct an amount equivalent to Razorpay Fees along with applicable taxes from the Fee Credit. You agree that if sufficient funds are not available in the Fee Credits, then Razorpay shall be entitled to deduct Razorpay Fees along with applicable taxes from the Transaction Amount. Fee Credits are the credits using which You may receive the full settlement amount without any fee deduction. For example, if You have a Fee Credit of INR 100 then all the Transactions will be settled in full and the Fees for these payments will be deducted from the Fee Credit of INR 100 ("Fee Credit" ). 1.6. You agree that ▇▇▇▇▇▇▇▇ shall be entitled, at its sole discretion, to recover any amounts from You that are charged to Razorpay and/or debited by Facility Providers from accounts maintained by You or any reason attributable to the provision of Services to You by way of deduction from (i) the Transaction Amount to be settled to You and /or (ii) any of Your other funds held by Razorpay in the course of providing the Services. In the event such set-off or recovery does not fully reimburse Razorpay for the liability owed, You shall pay Razorpay a sum equal to any shortfall thereof. 1.7. You hereby acknowledge and agree that in case of reversal of Transaction Amount to ▇▇▇▇▇▇▇▇'s Nodal Account/Escrow Account due to any reason, including but not limited to your bank (where your settlement account resides) rejecting acceptance of the Transaction Amount for any reason whatsoever, Razorpay may refund the monies to the source account from which it was received. You also acknowledge, agree & affirm that in the event, Razorpay in its absolute discretion, determines that, for reasons including but not limited to internal decisions or regulatory mandates, it is not feasible or suitable to settle the funds held in the Razorpay's escrow/nodal account to you, Razorpay reserves the right to withhold such settlement & after giving prior notice to you, shall refund the said amount back to the source account from which it was received.

Appears in 3 contracts

Sources: General Terms of Use, General Terms of Use, General Terms of Use

Payment Processing. 1.1. Subject to the General Terms of Use read with the Specific Terms of Use for Payment Aggregation Services, Razorpay shall facilitate collection of online payments for products/ services sold by You. 1.2. Subject to Clause 3 and 4 hereunder, ▇▇▇▇▇▇▇▇ shall settle the Transaction Amount (net of Permissible Deductions) into Your account within two (2) Escrow Bank working days following the date of the Transaction. 1.3. If Razorpay settles the Transaction Amount under the General Terms of Use or any Specific Terms of Use thereunder, at an earlier time than agreed above, ▇▇▇▇▇▇▇▇ shall have an absolute right to recover the Transaction Amount forthwith if the same is not received in the Escrow Account within three (3) Escrow Bank Working Days following the date of the Transaction for any reason whatsoever. 1.4. Razorpay shall have an absolute right to place limits on the Transaction value. 1.5. You may choose to purchase fee credits from Razorpay in respect of the Services being rendered under this Specific Terms of Use for Payment Aggregation Services. It is agreed that in respect of each Transaction, Razorpay shall be entitled to deduct an amount equivalent to Razorpay Fees along with applicable taxes from the Fee Credit. You agree that if sufficient funds are not available in the Fee Credits, then Razorpay shall be entitled to deduct Razorpay Fees along with applicable taxes from the Transaction Amount. Fee Credits are the credits using which You may receive the full settlement amount without any fee deduction. For example, if You have a Fee Credit of INR 100 then all the Transactions will be settled in full and the Fees for these payments will be deducted from the Fee Credit of INR 100 ("Fee Credit" ). 1.6. You agree that ▇▇▇▇▇▇▇▇ Razorpay shall be entitled, at its sole discretion, to recover any amounts from You that are charged to Razorpay and/or debited by Facility Providers from accounts maintained by You or any reason attributable to the provision of Services to You by way of deduction from (i) the Transaction Amount to be settled to You and /or (ii) any of Your other funds held by Razorpay in the course of providing the Services. In the event such set-off or recovery does not fully reimburse Razorpay for the liability owed, You shall pay Razorpay a sum equal to any shortfall thereof. 1.7. You hereby acknowledge and agree that in case of reversal of Transaction Amount to ▇▇▇▇▇▇▇▇'s Nodal Account/Escrow Account due to any reason, including but not limited to your bank (where your settlement account resides) rejecting acceptance of the Transaction Amount for any reason whatsoever, Razorpay may refund the monies to the source account from which it was received. You also acknowledge, agree & affirm that in the event, Razorpay in its absolute discretion, determines that, for reasons including but not limited to internal decisions or regulatory mandates, it is not feasible or suitable to settle the funds held in the Razorpay's escrow/nodal account to you, Razorpay reserves the right to withhold such settlement & after giving prior notice to you, shall refund the said amount back to the source account from which it was received.

Appears in 3 contracts

Sources: General Terms of Use, General Terms of Use, General Terms of Use

Payment Processing. 1.1Payment Time Frame State entities will make payment for authorized services provided under this Contract within thirty (30) days of receipt of a complete and accurate invoice. Subject Invoices are paid in the same fiscal year that the Appointments take place. Accurate and complete claims entered into ProviderOne system are paid within 5 business days. Adjustments Incomplete and/or inaccurate invoices will be returned to the General Terms of Use read with Contractor for correction. The payment within thirty (30) days requirement will not be in effect until the Specific Terms of Use for Requester receives a corrected invoice. Corrected invoices should be resubmitted within fifteen (15) days. Claims rejected by Health Care Authority must be modified as outlined in the ProviderOne handbook. Payment Aggregation Services, Razorpay shall facilitate collection of online Dispute Resolution Disputes related to payments for products/ services sold provided under this Contract shall be resolved between the Requester and the Contractor. If a resolution cannot be achieved between the Requestor and the Contractor, the dispute shall be forwarded by You. 1.2the Requester and/or Contractor to the Requester’s designated DSHS representative, pursuant to procedures established by DSHS. Subject The DSHS representative shall follow the payment appeals process related to Clause 3 and 4 hereunderthe resolution of the payment dispute. Disallowed Payments No payment will be allowed under the following circumstances: The Interpreter is an employee of the Requester. The Interpreter is a Family Member of the Customer. The Contractor is compensated for their services at the same Appointment by any other means; Any Appointment when the Contractor has booked the job then gives it back, ▇▇▇▇▇▇▇▇ shall settle or does not show up for the Transaction Amount (net Appointment. ODHH has the authority to establish the rate structure for Interpreting services. Rates are based on the number of Permissible Deductions) into Your account within two (2) Escrow Bank working days following years since the initial date of the Transaction. 1.3Contractor’s approved certification or ODHH credentials, provided there is no lapse in service. If Razorpay settles Rates are increased after every five (5) years of experience: increases are automatically added on the Transaction Amount under first day of their sixth, eleventh, sixteenth, twenty-first, twenty-sixth, and thirty-first years. Rates for On Site Appointments are based on hourly rates. All Requests are booked for at least one (1) full hour plus required travel time. Travel time is paid by the General Terms hourly rate from point A to the Appointment location. Billing for travel time is based on units. One unit is equal to fifteen (15) minutes, or one quarter of Use the hourly rate. Billing for travel time is based on expected travel time on the day the Request is booked Billing for travel time excludes: Additional pay for delays due to heavy traffic, accidents, or any Specific Terms unpredicted weather. We understand that the traffic and travel time may be different between the day of Use thereunder, at an earlier booking the Request and the day of the Appointment. Travel time cannot be added after the Appointment date and time. Travel time added after the Appointment date and time will not be paid. Round-trip travel if Contractor is travelling to another Appointment to provide interpreting service. Travel cannot be billed more than agreed above, ▇▇▇▇▇▇▇▇ shall have an absolute right to recover the Transaction Amount forthwith if once for multiple Appointments in the same is not received location. Rates are five dollars ($5.00) additional per hour for Appointments on evenings, weekends, and holidays. These are outside of regular business hours (8:00 AM to 5:00 PM Monday through Friday, except Holidays). Rates are ten dollars ($10.00) additional per hour for Emergency Coverage. Rates are hourly for Virtual Appointments. Rate Sheet The Contractor shall be paid the fees and rates listed in the Escrow Account within three (3) Escrow Bank Working Days following the date of the Transaction for any reason whatsoever. 1.4. Razorpay shall have an absolute right to place limits on the Transaction value. 1.5. You may choose to purchase fee credits from Razorpay in respect of the Services being rendered under this Specific Terms of Use for Payment Aggregation Services. It is agreed that in respect of each Transaction, Razorpay shall be entitled to deduct an amount equivalent to Razorpay Fees along with chart below if applicable taxes from the Fee Credit. You agree that if sufficient funds are not available in the Fee Credits, then Razorpay shall be entitled to deduct Razorpay Fees along with applicable taxes from the Transaction Amount. Fee Credits are the credits using which You may receive the full settlement amount without any fee deduction. For example, if You have a Fee Credit of INR 100 then all the Transactions will be settled in full and the Fees for these payments will be deducted from the Fee Credit of INR 100 ("Fee Credit" ). 1.6. You agree that ▇▇▇▇▇▇▇▇ shall be entitled, at its sole discretion, to recover any amounts from You that are charged to Razorpay and/or debited by Facility Providers from accounts maintained by You or any reason attributable to the provision of Services to You by way of deduction from (i) the Transaction Amount to be settled to You and /or (ii) any of Your other funds held by Razorpay in the course of providing the Services. In the event such set-off or recovery does not fully reimburse Razorpay for the liability owed, You shall pay Razorpay Contractor’s delivery of services. Contractor's Hourly Rate $   $   State King Co On Site / Virtual On-Site Emergency Evenings/Weekends/Holidays Contractor Approved for the following Supplemental Fees: Close Vision/Tactile 5.00 ProTactile ASL 5.00 Health 5.00 Legal 5.00 Service Component Explanation Fee or Rate Interpreter Services Rates for On Site Appointments are based on hourly rates. All Requests are booked for at least one (1) full hour plus required travel time. $  Supplemental Fee Supplemental fee added for each Hour for appointments that are: Medical Mental Health Legal Tactile and/or Close Vision Protractile More than 1 supplemental fee can be added. $5.00 Up to $25.00 total per hour Emergency coverage $10.00 added per hour Interpreter No Shows No fee is due when an Interpreter is a sum equal No Show. Requestors must report No Shows to any shortfall thereof. 1.7ODHH. You hereby acknowledge and agree that in case of reversal of Transaction Amount to Email ▇▇▇▇▇▇▇▇'s Nodal Account▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇@▇▇▇▇.▇▇.▇▇▇ N/Escrow Account A All Other No Shows Fee when someone other than the Interpreter is a No Show for the scheduled Appointment. Full payment Cancellations with MORE THAN 2 Business Days/48 hours’ notice No fee is due to any reasonwhen a Request is cancelled with 2 Business Days/48 hours’, including but or more, notice. N/A Cancellations with LESS THAN 2 Business Days/48 hours’ notice Fee when appointment is cancelled with less than 2 Business Days/48 hours’ notice. Full payment ▇▇▇▇ returned by Contractor with No Replacement No fee is due if the Contractor gives back the Request and a replacement Interpreter has not limited to your bank been provided. N/A Late arrivals If the Contractor arrives late, they shall deduct fifteen (where your settlement account resides15) rejecting acceptance of the Transaction Amount for any reason whatsoever, Razorpay may refund the monies to the source account minute increments from which it was received. You also acknowledge, agree & affirm that in the event, Razorpay in its absolute discretion, determines that, for reasons including but not limited to internal decisions or regulatory mandates, it is not feasible or suitable to settle the funds held in the Razorpay's escrow/nodal account to you, Razorpay reserves the right to withhold such settlement & after giving prior notice to you, shall refund the said amount back to the source account from which it was receivedtheir invoice.

Appears in 1 contract

Sources: Services Agreement

Payment Processing. 1.12.1. Subject to the General Terms of Use read with the Specific Terms of Use for Payment Aggregation Services, Razorpay shall facilitate collection of online payments for products/ services sold by You. 1.22.2. Subject to Clause 3 and 4 hereunder, ▇▇▇▇▇▇▇▇ shall settle the Transaction Amount (net of Permissible Deductions) into Your account within two (2) Escrow Bank working days following the date of the Transaction. 1.32.3. If Razorpay settles the Transaction Amount under the General Terms of Use or any Specific Terms of Use thereunder, at an earlier time than agreed above, ▇▇▇▇▇▇▇▇ shall have an absolute right to recover the Transaction Amount forthwith if the same is not received in the Escrow Account within three (3) Escrow Bank Working Days following the date of the Transaction for any reason whatsoever. 1.42.4. Razorpay shall have an absolute right to place limits on the Transaction value. 1.52.5. You may choose to purchase fee credits from Razorpay in respect of the Services being rendered under this Specific Terms of Use for Payment Aggregation Services. It is agreed that in respect of each Transaction, Razorpay shall be entitled to deduct an amount equivalent to Razorpay Fees along with applicable taxes from the Fee Credit. You agree that if sufficient funds are not available in the Fee Credits, then Razorpay shall be entitled to deduct Razorpay Fees along with applicable taxes from the Transaction Amount. Fee Credits are the credits using which You may receive the full settlement amount without any fee deduction. For example, if You have a Fee Credit of INR 100 then all the Transactions will be settled in full and the Fees for these payments will be deducted from the Fee Credit of INR 100 ("" Fee Credit" ). 1.62.6. You agree that ▇▇▇▇▇▇▇▇ shall be entitled, at its sole discretion, to recover any amounts from You that are charged to Paylater Settlement- Razorpay and/or debited by Facility Providers from accounts maintained by You or any reason attributable to the provision of Services to You by way of deduction from (i) the Transaction Amount to be settled to You and /or (ii) any of Your other funds held by Razorpay in the course of is providing the ServicesServices merely on “AS IS WHERE IS” basis. In the event such set-off or recovery does not fully reimburse Razorpay for the liability owedWherever applicable, You shall pay Razorpay a sum equal to any shortfall thereof. 1.7. You hereby acknowledge and agree be responsible for ensuring that in case of reversal of Transaction Amount to ▇▇▇▇▇▇▇▇'s Nodal Account/Escrow Account due to any reason, including but not limited to your bank (where your settlement account resides) rejecting acceptance of the Transaction Amount for any reason whatsoever, Razorpay may refund the monies customer has provided an informed consent to the source account from which it was received. You also acknowledge, agree & affirm that in lender and its lending service provider (LSP) for Transactions enabling the event, lender to disburse the loan through Razorpay in its absolute discretion, determines that, for reasons including but not limited to internal decisions or regulatory mandates, it is not feasible or suitable to settle the funds held in the Razorpay's escrow/nodal account to you, Razorpay reserves the right to withhold such settlement & after giving prior notice to you, shall refund the said amount back to the source account from which it was receivedinto Your bank account.

Appears in 1 contract

Sources: General Terms of Use

Payment Processing. 1.1Debtor hereby agrees that any payments made by Debtor hereunder by check and received by Secured Party at an address other than the address specified on the related invoice may be replaced by Secured Party with a substitute instrument of equal amount and presented to Debtor's financial institution for payment from the account referenced on the check from Debtor. Subject If Debtor sends any payment hereunder by check to Secured Party at any address other than the General Terms one specified on the related invoice, then Debtor shall be deemed to have authorized Secured Party to substitute such check with an instrument of Use read equal amount and present the substitute instrument to Debtor's financial institution for payment from the account referenced on Debtor's check. DELIVERY AND ACCEPTANCE Of EQUIPMENT (Check Appropriate Box) Debtor's obligations and liabilities to Secured Party are absolute and unconditional under all circumstances and regardless of any failure of operation or Debtor's loss of possession of any item of Equipment or the cessation or interruption of Debtor's business for any reason whatsoever. [ ] On _________________ the EQUIPMENT BEING PURCHASED WITH THE PROCEEDS OF THIS AGREEMENT WAS DELIVERED TO DEBTOR with all installation and other work necessary for the Specific Terms proper use of Use for Payment Aggregation Servicesthe Equipment completed at a location agreed upon by Debtor; the Equipment was inspected by Debtor and found to be in satisfactory condition in all respects and delivery was unconditionally accepted by Debtor. [ ] THE EQUIPMENT BEING PURCHASED WITH THE PROCEEDS OF THIS AGREEMENT HAS NOT YET BEEN DELIVERED TO OR ACCEPTED BY DEBTOR and, Razorpay shall facilitate collection upon delivery, Debtor agrees to execute such delivery and acceptance certificate as Secured Party requires. [x] ALL OF THE EQUIPMENT WAS ACQUIRED BY DEBTOR PRIOR TO THE DATE HEREOF and was previously delivered to and unconditionally accepted by Debtor. ADDITIONAL TERMS AND ORAL AGREEMENTS: Debtor and Secured Party agree that this is a four page agreement and each page hereof constitutes a part of online payments for products/ services sold by You. 1.2this agreement. Subject to Clause 3 and 4 hereunderTHIS WRITTEN AGREEMENT REPRESENTS THE FINAL AGREEMENT BETWEEN THE PARTIES AND MAY NOT BE CONTRADICTED BY EVIDENCE OF PRIOR, CONTEMPORANEOUS, OR SUBSEQUENT ORAL AGREEMENTS OF THE PARTIES. THERE ARE NO UNWRITTEN ORAL AGREEMENTS BETWEEN THE PARTIES. Debtor's Social Security or Federal Taxpayer Identification Number is ▇▇▇▇▇▇▇▇▇ shall settle the Transaction Amount and Co-Debtor's is: __________________ Dated 05/07/2004 Secured Party CITICAPITAL COMMERCIAL CORPORATION ____________________________________________________________________ ____________________________________________________________________ By /s/ [ILLEGIBLE] ----------------------------- Title [ILLEGIBLE] (net of Permissible Deductions) into Your account within two (2) Escrow Bank working days following the date of the Transaction. 1.3If corporation, authorized party must sign and show corporate title. If Razorpay settles the Transaction Amount under the General Terms of Use partnership, a general partner must sign. If owner or any Specific Terms of Use thereunderpartner, at an earlier time than agreed above, show which.) ▇▇▇▇ ▇▇▇▇▇▇▇ shall have an absolute right to recover the Transaction Amount forthwith if the same is not received in the Escrow Account within three ▇▇▇ ▇▇▇. ▇▇▇ (3▇▇▇▇▇▇ and Zip Code) Escrow Bank Working Days following the date of the Transaction for any reason whatsoever. 1.4▇▇▇▇▇▇ ▇▇ ▇▇▇▇▇ (City, State and Zip Code) DEBTOR HEREBY ACKNOWLEDGES RECEIPT OF AN EXACT COPY OF THIS CONTRACT. Razorpay shall have an absolute right to place limits on the Transaction value. 1.5Debtor(s) MEADOW VALLEY CONTRACTORS, INC. You may choose to purchase fee credits from Razorpay in respect of the Services being rendered under this Specific Terms of Use for Payment Aggregation Services. It is agreed that in respect of each Transaction, Razorpay shall be entitled to deduct an amount equivalent to Razorpay Fees along with applicable taxes from the Fee Credit. You agree that if sufficient funds are not available in the Fee Credits, then Razorpay shall be entitled to deduct Razorpay Fees along with applicable taxes from the Transaction Amount. Fee Credits are the credits using which You may receive the full settlement amount without any fee deduction. For example, if You have a Fee Credit of INR 100 then all the Transactions will be settled in full and the Fees for these payments will be deducted from the Fee Credit of INR 100 ("Fee Credit" ). 1.6. You agree that ▇____________________________________________________________________ ____________________________________________________________________ ____________________________________________________________________ By /s/ ▇▇▇▇▇▇▇ shall be entitled▇▇▇▇▇ ---------------------------- Title Sec/Treas. (If corporation or limited liability company, at its an authorized party must sign and show her or his title. If limited partnership, a general partner must sign and show that title. If sole discretionproprietorship, to recover any amounts from You then sole proprietor must sign and show that are charged to Razorpay and/or debited by Facility Providers from accounts maintained by You title. If individual, then individual should sign and show title as "Individually.") By _________________________________ Title _____________________________________ (If co-buyer, co-partner or any reason attributable to the provision co-officer, sign here and show which) State of Services to You by way Organization NV Principal Residence/Chief Executive Office/Place of deduction from Business: ▇▇▇ ▇ ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇ (i▇▇▇▇▇▇ Address) the Transaction Amount to be settled to You and /or (ii) any of Your other funds held by Razorpay in the course of providing the Services. In the event such set-off or recovery does not fully reimburse Razorpay for the liability owed, You shall pay Razorpay a sum equal to any shortfall thereof. 1.7. You hereby acknowledge and agree that in case of reversal of Transaction Amount to ▇▇▇▇▇▇▇ ▇▇ ▇▇▇▇▇ (City, COUNTY, State, and Zip Code) Debtor's Nodal Account/Escrow Account due to any reason, including but not limited to your bank (where your settlement account resides) rejecting acceptance of the Transaction Amount for any reason whatsoever, Razorpay may refund the monies to the source account from which it was receivedInitials [CT] 621700 REV. You also acknowledge, agree & affirm that in the event, Razorpay in its absolute discretion, determines that, for reasons including but not limited to internal decisions or regulatory mandates, it is not feasible or suitable to settle the funds held in the Razorpay's escrow/nodal account to you, Razorpay reserves the right to withhold such settlement & after giving prior notice to you, shall refund the said amount back to the source account from which it was received.12/01 ORIGINAL FOR CITICAPITAL 1.02 1. 131740.2.0 XC:20040504235537

Appears in 1 contract

Sources: Security Agreement (Meadow Valley Corp)