Common use of Payments to Customer Clause in Contracts

Payments to Customer. If Customer offers third parties or Authorized Users a Customer Course Store Course or Customer Delivered Course, as applicable, in exchange for a fee, then Customer may receive the fees charged less certain fees and expenses (“Customer Fees”) using Supplier’s third-party service provider (e.g., Stripe). Customer may select the fee, as well as the bundling of materials in exchange for a discount, if Supplier makes such option available. Customer may be required to have an account with that third-party service provider or with another financial institution in order to receive its Customer Fees, and Customer may be charged fees for any related processing services. Any fees charged by Supplier’s third-party service provider or by any other financial institution are between Customer and that provider or institution and may be subject to their terms and conditions or any agreement Customer has with them. Supplier may place limits on the balance of Customer Fees needed in order for Customer to cash out and on the amount of Customer Fees that Customer may cash out in any given day or transaction, and Supplier may update these limits from time to time at its discretion. In no event may Customer Cash Out more than $1,000 per day. “Cash Out” means for Customer to receive or redeem Customer Fees, whether such payment is made using Supplier’s third-party service provider or with another financial institution.