Presentation of Payment Sample Clauses

The Presentation of Payment clause defines the procedures and requirements for submitting payment under a contract. It typically outlines the documentation or evidence that must be provided, such as invoices or proof of delivery, and may specify the format, timing, and method for presenting these materials to the paying party. This clause ensures that both parties understand the steps necessary to trigger payment, reducing disputes and delays by clarifying expectations and responsibilities.
Presentation of Payment. The electronic bill is due and payable upon presentation and is past due if unpaid by the 27th of each month. Electronic payments made at ▇▇▇.▇▇▇▇▇▇▇.▇▇▇ are processed within 24 hours to the extent possible. If your payment is not made within these terms, Chariton Valley may begin procedures to cancel all Services. You will be informed of such actionif required by law.
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Presentation of Payment. The electronic bill is due and payable on the first business day of the month and is past due if unpaid by the 15th or the first business day after if the 15th falls on a weekend or a holiday of each month. Electronic payments made at ▇▇▇.▇▇▇▇▇▇▇▇▇.▇▇▇ are processed within 24 hours to the extent possible. If your payment is not made within these terms, Company may begin procedures to cancel all services. You will be informed of such action if required by law.
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Presentation of Payment. 8.1 In the case of electronic Transactions, the following will apply: 8.1.1 the Merchant must present a Terminal generated receipt for payment by means of an interchange of electronic data between the Terminal and NuPay through NuPay. NuPay will determine the frequency of the interchange of data. But the Merchant must make sure that it deposits all Terminal generated receipts electronically within 3 (three) Business Days of the Transaction date; 8.1.2 if, for whatever reason, this interchange of data cannot take place NuPay will be entitled to get the necessary information from the Merchant’s copy of the Terminal generated receipt and then to process the affected Transaction manually; 8.1.3 the Merchant agrees to notify NuPay immediately of any mistakes in the data that is interchanged because of a defective Terminal or communication link. In such a case NuPay’s liability will be limited to correcting the mistakes in the data; 8.1.4 NuPay will credit or debit the Merchant’s nominated bank account or any other account held by the Merchant with the total net amount of all duly completed and valid Terminal generated receipts and valid credit vouchers presented for payment; and 8.1.5 Every time NuPay credits the Merchant’s nominated bank account, NuPay will retain the right to cancel the payment it has made on any invalid sales vouchers or electronic Transactions by debiting the Merchant’s nominated bank account or any of the Merchant’s other accounts with the amount of the invalid sales voucher or invalid electronic Transaction.
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Related to Presentation of Payment

  • Condition of Payment All services provided by the Contractor under this Contract must be performed to the State’s reasonable satisfaction, as determined at the discretion of the undersigned State representative and in accordance with all applicable federal, state, local laws, ordinances, rules and regulations. The State shall not be required to pay for work found to be unsatisfactory, inconsistent with this Contract or performed in violation of any federal, state or local statute, ordinance, rule or regulation.

  • Application of Payment The monthly housing assistance payment shall be credited against the monthly rent to owner for the contract unit.

  • Notation of Payment Each Lender agrees that before disposing of any Note held by it, or any part thereof (other than by granting participations therein), that Lender will make a notation thereon of all Loans evidenced by that Note and all principal payments previously made thereon and of the date to which interest thereon has been paid; provided that the failure to make (or any error in the making of) a notation of any Loan made under such Note shall not limit or otherwise affect the obligations of Company hereunder or under such Note with respect to any Loan or any payments of principal or interest on such Note.

  • Confirmation of Payment The Administrative Agent and the Lenders will, upon request after payment of the Credit Party Obligations which are the subject of this Guaranty and termination of the Commitments relating thereto, confirm to the Borrower, the Guarantors or any other Person that such indebtedness and obligations have been paid and the Commitments relating thereto terminated, subject to the provisions of Section 10.2.

  • Form of Payment On the Closing Date (as defined below), (i) the Buyer shall pay the purchase price for the Note to be issued and sold to it at the Closing (as defined below) (the “Purchase Price”) by wire transfer of immediately available funds to the Company, in accordance with the Company’s written wiring instructions, against delivery of the Note in the principal amount equal to the Purchase Price as is set forth immediately below the Buyer’s name on the signature pages hereto, and (ii) the Company shall deliver such duly executed Note on behalf of the Company, to the Buyer, against delivery of such Purchase Price.