PAYMENT TRANSFERS Clause Samples

PAYMENT TRANSFERS. Annually, the Parties agree to transfer 100% of the Fiscal Year’s Adopted Budget Funding that are general funds to the recipients on or before August 31 of the Fiscal Year. In the event that additional services are requested that were not part of the Adopted Budget the Parties will agree to address these payments through one or more additional Funding transfers. The timing for Budgeted Funding transfers applies only to general fund Funding and does not apply to transfers of State and Federal Funding.
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PAYMENT TRANSFERS. This part concerns any instruction that you give us to make transfer of funds to a beneficiary. We will use our discretion in deciding the method of transmission and may opt to use the services of another bank to execute the payment instructions that you may provide to us. We will not accept any responsibility for any loss sustained whether direct, indirect, incidental or consequential caused as a result of delay, interruptions, misinterpretations or errors in transmission or payments unless caused by the negligence or default of our officers, the onus of which will be on you to prove. You will be bound by and you hereby indemnify us against all obligations and the responsibilities imposed by foreign laws or any other matters regarding the transfer (including foreign charges) over which we have no control. The parties to this Agreement are bound by the rules, regulations and guidelines issued by the Bank of Mauritius in relation to the Mauritius Central Automated Switch (MauCAS) Instant Payment System. For any payment, the details of the payment (including information relating to those involved in the payment) may be sent abroad, where it could be accessible by overseas regulators and authorities in connection with their legitimate duties (e.g. the prevention of crime). You hereby agree to this on behalf of yourself and others involved in the payment. We are bound by international law, regulation and sanction to carry out additional checks before processing your payments. We will make every effort to process the payment and we may rely on you or the beneficiary to provide additional information about the payment. In some cases however, our increased controls simply will not permit a payment to be processed. We shall not be liable for any loss because a payment is delayed or prohibited by checks that payment does not breach any law, regulation or sanction.
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PAYMENT TRANSFERS. This part concerns any instruction that you give us to make transfer of funds to a beneficiary. We will use our discretion in deciding the method of transmission and may opt to use the services of another bank to execute the payment instructions that you may provide to us. We will not accept any responsibility for any loss sustained whether direct, indirect, incidental or consequential caused as a result of delay, interruptions, misinterpretations or errors in transmission or payments unless caused by the negligence or default of our officers, the onus of which will be on you to prove. You will be bound by and you hereby indemnify us against all obligations and the responsibilities imposed by foreign laws or any other matters regarding the transfer (including foreign charges) over which we have no control.
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PAYMENT TRANSFERS. This part concerns any instruction that you give us to make a transfer of funds to a beneficiary. We will use our discretion in deciding the method of transmission and may opt to use the services of another bank to execute the payment instructions that you may provide to us. As far as possible, we will use the paying bank nominated by you. But in the absence of such nomination, we will use any bank in the country whose currency is being remitted or of the beneficiary address. The value date of the funds will be the date the funds will be available to the beneficiary's bank. We give no commitment on the ability of the beneficiary's bank to pay the beneficiary on that date. However, we will provide you with guidance on each particular transfer needs. We will not accept any responsibility for any loss sustained whether direct, indirect, incidental or consequential caused as a result of delay, interruptions, misinterpretations or errors in transmission or payments unless caused by the negligence or default of the our officers, the onus of which will be on the you to prove. You will be bound by and you hereby indemnify us against all obligations and the responsibilities imposed by foreign laws or any other matters regarding the transfer (including foreign charges) over which we have no control. The parties to this Agreement are bound by the rules, regulations and guidelines issued by the Bank of Mauritius in relation to the Mauritius Central Automated Switch (MauCAS) Instant Payment System. For any payment, the details of the payment (including information relating to those involved in the payment) may be sent abroad, where it could be accessible by overseas regulators and authorities in connection with their legitimate duties (e.g. the prevention of crime). You hereby agree to this on behalf of yourself and others involved in the payment. We are bound by International law, regulation and sanction to carry out additional checks before processing your payments. We will make every effort to process the payment and we may rely on you or the beneficiary to provide additional information about the payment. In some cases however, our increased controls simply will not permit a payment to be processed. We shall not be liable for any loss because a payment is delayed or prohibited by checks that payment does not breach any law, regulation or sanction.
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PAYMENT TRANSFERS. MunchaLunch works with Stripe as the credit card payment processor. Parent payments are transferred to the customer’s bank account on a weekly basis (unless otherwise requested) and funds are tracked and viewable within the MunchaLunch platform.
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PAYMENT TRANSFERS. Only payments cleared and received in our accounts shall be acknowledged.
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Related to PAYMENT TRANSFERS

  • Subsequent Transfers The Supplier shall: not adversely affect pension rights accrued by any Fair Deal Employee in the period ending on the Service Transfer Date; provide all such co-operation and assistance as the Schemes and the Replacement Supplier and/or the Customer may reasonably require to enable the Replacement Supplier to participate in the Schemes in respect of any Eligible Employee and to give effect to any transfer of accrued rights required as part of participation under the New Fair Deal; and for the applicable period either after notice (for whatever reason) is given, in accordance with the other provisions of this Legal Services Contract, to terminate the Admission Agreement or any part of the Ordered Panel Services; or after the date which is two (2) years prior to the date of expiry of this Legal Services Contract, ensure that no change is made to pension, retirement and death benefits provided for or in respect of any person who will transfer to the Replacement Supplier or the Customer, no category of earnings which were not previously pensionable are made pensionable and the contributions (if any) payable by such employees are not reduced without (in any case) the prior approval of the Customer (such approval not to be unreasonably withheld). Save that this sub-paragraph shall not apply to any change made as a consequence of participation in an Admission Agreement.

  • Permanent Transfers A. When it is determined by the Employer that a vacancy exists in a classification for which there are excessive employees located in an institution or in counties other than the headquarters county of the vacant position, then the permanent transfer vacancy posting process may be utilized. In this case, only employees in the same classification as the posted vacancy located in the declared areas of excess shall be eligible to apply for the vacancy. Applications shall be listed according to those in the same classification who possess and are proficient in the minimum qualifications of the classification specification and position description of the posted position in descending order of the most senior to the least senior. The applicant who possesses and is proficient in the minimum qualifications of the classification specification and position description and has the most seniority shall be selected. B. The successful applicant(s) for all permanent transfers shall serve a trial period equivalent to one-half (1/2) the probationary period that corresponds to the classification of the vacancy as listed in Section 6.01. During this trial period, the Employer maintains the right to place the employee back in the previous site prior to the transfer if the employee fails to perform the job requirement of the new position to the Employer’s satisfaction. C. Each Agency will identify the areas deemed to be in excess and will notify the Union of excesses as soon as practicable. Notices to the Union of a layoff or job abolishment shall be considered adequate notice of an excess. Each Agency, with the Office of Collective Bargaining’s approval, may negotiate with the Union to establish a procedure for the permanent transfer of positions and personnel.

  • PAYMENT, TRANSFER AND CUSTODY (a) Unless otherwise expressly provided herein, all amounts required to be paid or deposited by any Seller, Guarantor or any other Person under the Repurchase Documents shall be paid or deposited in accordance with the terms hereof no later than 3:00 p.m. on the Business Day when due, in immediately available Dollars and without deduction, setoff or counterclaim, and if not received before such time shall be deemed to be received on the next Business Day. Whenever any payment under the Repurchase Documents shall be stated to be due on a day other than a Business Day, such payment shall be made on the next following Business Day, and such extension of time shall in such case be included in the computation of such payment. Each Seller, Guarantor and Pledgor shall, to the extent permitted by Requirements of Law, pay to Buyer interest in connection with any amounts not paid when due under the Repurchase Documents, which interest shall be calculated at the Default Rate, until all such amounts are received in full by Buyer. Amounts payable to Buyer and not otherwise required to be deposited into the Waterfall Account shall be deposited into the General Repo Account. Sellers shall have no rights in, rights of withdrawal from, or rights to give notices or instructions regarding ▇▇▇▇▇’s account or the Waterfall Account or any Collection Account; provided that the Sellers may withdraw funds from the Waterfall Account or any Collection Account with the prior written consent of Buyer in accordance with the terms of the related Controlled Account Agreement. Amounts in the Waterfall Account and/or any Collection Account may be invested at the direction of Buyer in cash equivalents before they are distributed in accordance with Article 5. (b) Any Purchased Asset Documents not delivered to Buyer or Custodian on the relevant Purchase Date and subsequently received or held by or on behalf of a Seller are and shall be held in trust by the applicable Seller or its agent for the benefit of Buyer as the owner thereof until so delivered to Buyer or Custodian. The related Seller or its agent shall maintain a copy of such Purchased Asset Documents and the originals of the Purchased Asset Documents not delivered to Buyer or Custodian. The possession of Purchased Asset Documents by the applicable Seller or its agent is in a custodial capacity only at the will of Buyer for the sole purpose of assisting Interim Servicer with its duties under the Servicing Agreement. Each Purchased Asset Document retained or held by or on behalf of a Seller or its agent shall be segregated on such Seller’s books and records from the other assets of such Seller or its agent, and the books and records of such Seller or its agent shall be marked to reflect clearly the sale of the related Purchased Asset to Buyer on a servicing released basis. Each Seller or its agent shall release its custody of the Purchased Asset Documents only in accordance with written instructions from Buyer, unless such release is required as incidental to the servicing of the Purchased Assets by Interim Servicer or is in connection with a repurchase of any Purchased Asset by a Seller, in each case in accordance with the Custodial Agreement.

  • Exempt Transfers The Company's First Refusal Right under this Section 3 shall not apply to transfers of the Stock by will or the laws of descent and distribution; provided, however, that all of the terms of this Agreement shall remain in effect as to such transferred Stock. In addition, Recipient may transfer all or a portion of the Stock to (i) a revocable trust for the sole benefit of Recipient, his or her spouse, or his or her lineal descendants, or (ii) to his or her spouse, siblings, lineal descendants thereof, parents, or his or her lineal descendants subject to a nonrevocable voting trust of a duration of 10 years without the written permission of the Company, provided said Recipient is trustee and prior written notice (together with a copy of the trust agreement) is given the Company within thirty (30) days thereafter. The trustee shall hold such Stock subject to all the provisions hereof, and shall make no further transfers other than as provided herein. Upon the death, total disability, or termination of employment of the transferor Recipient, the successor trustee or any cotrustee (and any subsequent transferee) shall be required to sell, transfer or present said Stock for purchase as provided herein, for the price and on the terms hereafter set forth as if such successor trustee and subsequent transferee were the transferor Recipient. Transferee shall make no further transfers other than as provided herein, and any attempted transfer in violation of this Section 3 shall be null and void and shall be disregarded by the Company. All references herein to Stock shall be deemed to include Stock owned by any such successor trustee or subsequent transferee, except that payment for such trustee and transferee Stock shall be made to the trustee and transferee instead of to the original Recipient or his or her estate.

  • Assignment/Transfer The Credit (or a portion thereof as earned) under this Agreement may be assigned to an “Affiliated Corporation” in accordance with RTC section 23663. As stated in RTC section 23689(i)(1), this Agreement shall not restrict, broaden, or alter the ability of Taxpayer to assign the Credit in accordance with RTC section 23663. In order to transfer this Agreement as a result of a sale or merger, prior written consent of GO- Biz must be obtained or the transfer will be void. Such transfer shall be permitted if GO-Biz determines that the transfer would further the purposes of the CCTC program and benefit California. Prior to GO-Biz consenting to the transfer, the new entity must disclose to GO-Biz the number of California full-time employees it employed at the time of acquisition or merger and any other information GO-Biz requests that applicants for a CCTC provide pursuant to a CCTC application.