Transactions and Payments Clause Samples

The 'Transactions and Payments' clause defines the rules and procedures governing the exchange of money or value between parties under the agreement. It typically outlines when payments are due, acceptable methods of payment, and any conditions or documentation required for processing transactions. For example, it may specify that invoices must be paid within 30 days of receipt or that payments must be made via bank transfer. This clause ensures both parties have a clear understanding of their financial obligations, reducing the risk of disputes over payment timing or methods.
Transactions and Payments. 7.1. You fully understand and accept that all Digital Currency is purchased or sold in accordance with the rate as displayed on the Website and determined in our sole discretion (the “Rate”), where such Rate is accurate for the moment alone in which it's displayed on the Website and may not reflect the final rate applicable to your transaction. You acknowledge and agree that the such Rates do not relfect any rate or price quoted by any third party. The Rate is determined by us in such a way to include a certain margin between the "Buy" and "Sale" Rates, which constitutes our profit from each Transaction. 7.2. The final Rate of your transaction (the “Final Rate”) will be the Rate which appears on the Website upon the Payment Confirmation. The “Payment Confirmation” shall mean:
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Related to Transactions and Payments

  • ▇▇▇▇▇▇▇▇ and Payments ▇▇▇▇▇▇▇▇ and payments shall be sent to the addresses set out in Appendix F hereto.

  • Fees and Payments Registry Operator shall pay the Registry-Level Fees to ICANN on a quarterly basis in accordance with Section 7.2 hereof.

  • Statements and Payments The Fig Share and the Developer Royalty shall be paid by Developer and Fig, respectively, no later than thirty (30) days after the end of the calendar month in which the Gross Receipts are received by the applicable Party together with a statement detailing calculation of the Fig Share or the Developer Royalty, as applicable (including copies of payment statements from Distributors and calculation of any adjustment to reflect Third-Party Distributor terms as provided in the definition of Fig Share). Upon request, Distributor will provide Fig with access to real-time reporting posted or made available by any Distributor.

  • Costs and Payments During the period that Sprint PCS is curing a breach or operating the Service Area Network under this Section 11.6.3, Sprint PCS and Manager will continue to make any and all payments due to the other party and to third parties under this agreement, the Services Agreement and any other agreements to which such party is bound, except that Sprint PCS may deduct from its payments to Manager all reasonable costs and expenses incurred by Sprint PCS in connection with the exercise of its right under this Section 11.6.3. Sprint PCS' operation of the Service Area Network pursuant to this Section 11.6.3 is not a substitution for Manager's performance of its obligations under this agreement and does not relieve Manager of its other obligations under this agreement.

  • Advances and Payments (a) On the date requested by the Borrower for the funding of each Loan, the Agent shall be authorized (but not obligated) to advance, for the account of each of the Lenders, the amount of the Loan to be made by it in accordance with provisions of Article 2 hereof. Each of the Lenders hereby authorizes and requests the Agent to advance for its account, pursuant to the terms hereof, the amount of the Loan to be made by it, and each of the Lenders agrees forthwith to reimburse the Agent in immediately available funds for the amount so advanced on its behalf by the Agent. If any such reimbursement is not made in immediately available funds on the same day on which the Agent shall have made any such amount available on behalf of any Lender, such Lender shall pay interest to the Agent at a rate per annum equal to the Agent's cost of obtaining overnight funds in the New York Federal Funds Market for the first day following the time when such Lender fails to make the required reimbursement, and thereafter at a rate per annum equal to the Alternate Rate. (b) Any amounts received by the Agent in connection with this Agreement or the Notes the application of which is not otherwise provided for, shall be applied, first, to pay accrued but unpaid Commitment Fees in accordance with the Lenders' unused Commitments, second, to pay accrued but unpaid interest on the Notes in proportion to the amounts owed to each Lender, third, to repay the principal balance outstanding on the Notes (allocated in accordance with the outstanding amounts thereof owing to each Lender as set forth on the Schedule of Commitments attached as Schedule 1.1 hereto) and fourth, to pay other amounts payable to the Agent. All amounts to be paid to any of the Lenders by the Agent shall be credited to the Lenders, after collection by the Agent, in immediately available funds either by wire transfer or deposit in such Lender's correspondent account with the Agent, or as such Lender and the Agent shall from time to time agree.