ACCEPTANCE OF CHARGES WITH RECOURSE Sample Clauses

ACCEPTANCE OF CHARGES WITH RECOURSE charge Back
Sample 1
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ACCEPTANCE OF CHARGES WITH RECOURSE. The Merchant agrees that payment made in respect of which the Issuing Bank raises a claim on the Bank shall be the financial responsibility of the Merchant. The Merchant agrees to the non-payment in respect of such Order or the charging back of such uncollectable charge as the case may be without any demur or protest. The Merchant hereby authorises the Bank to debit the Merchant's bank account to the extent of the aforesaid uncollectable amounts and any other moneys due for any reason to the Bank by the Merchant, or deduct the same from amounts payable to the Merchant in terms of Section 5 of this Agreement in respect of a Transaction Amount.
Sample 1
ACCEPTANCE OF CHARGES WITH RECOURSE. The Merchant agrees that payment made in respect of which the Issuing Bank raises a claim on Arronax shall be the financial responsibility of the Merchant. The Merchant agrees to the non-payment in respect of such Order or the charging back of such uncollectable charge as the case may be without any demur or protest. The Merchant hereby authorises Xxxxxxx to debit the Merchant's bank account to the extent of the aforesaid uncollectable amounts and any other moneys due for any reason to Arronax by the Merchant, or deduct the same from amounts payable to the Merchant in terms of Section 5 of this Agreement
Sample 1
ACCEPTANCE OF CHARGES WITH RECOURSE. The Merchant agrees that payment made in respect of which the Issuing Bank raises a claim on Arronax shall be the financial responsibility of the Merchant. The Merchant agrees to the non-payment in respect of such Order or the charging back of such uncollectable charge as the case may be without any demur or protest. The Merchant hereby authorises Xxxxxxx to debit the Merchant's bank account to the extent of the aforesaid uncollectable amounts and any other moneys due for any reason to Arronax by the Merchant, or deduct the same from amounts payable to the Merchant in terms of Section 5 of this Agreement ……not understood Arronax will at all times endeavour to make sure that the facility is working in the best possible manner. The Merchant hereby acknowledges that the Facility may not be uninterrupted or error free. And having acknowledged the above, the Merchants doth herby agree to indemnify Arronax against such errors and confirms that should such errors occur, they will not hold Arronax liable for such errors. In cases of such errors, the Merchant agrees to allow Xxxxxxx to resolve such errors to the best of its capabilities.
Sample 1
ACCEPTANCE OF CHARGES WITH RECOURSE. The Merchant agrees that payment made in respect of which the Issuing Bank raises a claim on Camirel shall be the financial responsibility of the Merchant. The Merchant agrees to the non-payment in respect of such Order or the charging back of such uncollectable charge as the case may be without any demur or protest. The Merchant hereby authorizes Xxxxxxx to debit the Merchant's bank account to the extent of the aforesaid uncollectable amounts and any other moneys due for any reason to Camirel by the Merchant, or deduct the same from amounts payable to the Merchant in terms of Section 5 of this Agreement.
Sample 1
ACCEPTANCE OF CHARGES WITH RECOURSE. CHARGEBACKS: The Merchant agrees that any charges accepted by it, which prove to be uncollectable and were incurred in the following circumstances shall be the exclusive financial responsibility of the Merchant who agrees to the non-payment of such charges or the Chargeback debit of such uncollectable charges by SBI i.e. any charge which is not a Valid Charge, incurred outside the authorized territory, involves the forgery of Card Member’s signature and/ or where the Bank reasonably believes to be irregular and/ or fraudulent, involves a Charge Slip which is incomplete or illegible as to Card Member’s name, the number of the Valid Card or the signature of the card holder, without prior authorization of SBI, is for merchandising or services in an amount in excess of the advertised price, is with respect to which a Card Member refuses to pay because merchandising or services purchased were not delivered or are not as promised or the merchandise was defective/ services deficient in any respect subject to Card Schemes Dispute Resolution Rules or which Card Organization disputes or reports as a Retrieval Request/fraud/chargeback or any settlement received by SBI beyond 7 (Seven) days after a Card Member incurred the charges and were authorized by SBI or the card presented to the Merchant in respect of the transaction was listed in a Warning List or any other communication/ advice or there is a violation of the terms in relation to a Transaction or any Merchant Operating Instructions or Change of “Business Activity”/ “Business Name”/ “Business Location” without informing the Bank and acceptance of change by the Bank.
Sample 1

Related to ACCEPTANCE OF CHARGES WITH RECOURSE

  • COLLECTION OF CHARGES 16.1 A Sector Association may request the consent of the Administrator to collect charges due from Operators to the Administrator in respect of facilities under the charging scheme. 16.2 If a Sector Association wishes to collect charges due from an Operator to the Administrator under the charging scheme, the Sector Association may serve a notice in writing on the Administrator by the last working day in February in the calendar year in which the charges fall due. 16.3 A notice served under Rule 16.2 must specify the facilities in respect of which the Sector Association intends to collect charges, being not fewer than 50% of the facilities covered by an umbrella agreement. 16.4 Following receipt of the notice, the Administrator must: 16.4.1 consent to the Sector Association collecting charges; or 16.4.2 refuse consent to the Sector Association collecting charges, giving reasons for the decision. 16.5 If the Administrator consents to the Sector Association collecting charges the Sector Association must: 16.5.1 itemise charges separately in any invoices that it issues in respect of charges; 16.5.2 collect and remit all charges collected to the Administrator without deduction or set off by the last working day in September in each year; 16.5.3 prepare an annual report to the Administrator by the last working day in October in the year in which it has collected charges setting out which Operators it has collected charges from and which Operators have failed to pay charges due to the Sector Association. 16.6 A Sector Association must not actively pursue any outstanding charges after the last working day in September in any year in which they fall due. If a Sector Association receives charges after this date the Sector Association must accept the payment and remit this to the Environment Agency along with information identifying the Operator making the payment. 16.7 If a Sector Association fails to comply with any of its obligations under this Rule the Administrator may serve a notice on the Sector Association that consent to the Sector Association continuing to collect charges is withdrawn at the expiry of 20 working days from the date of the notice.

  • Allocation of Charges There will not be any agreement or understanding between the Servicer and the Borrower (other than as expressly set forth herein or as consented to by the Administrative Agent), providing for the allocation or sharing of obligations to make payments or otherwise in respect of any Taxes, fees, assessments or other governmental charges; provided that it is understood and acknowledged that the Borrower will be consolidated with or treated as a disregarded entity of the Servicer for tax purposes.

  • Payment of Charges (a) Subject to Section 5.2(b), each Credit Party shall pay and discharge or cause to be paid and discharged promptly all Charges payable by it, including (i) Charges imposed upon it, its income and profits, or any of its property (real, personal or mixed) and all Charges with respect to tax, social security and unemployment withholding with respect to its employees, (ii) lawful claims for labor, materials, supplies and services or otherwise, and (iii) all storage or rental charges payable to warehousemen and bailees, in each case, before any thereof shall become past due. (b) Each Credit Party may in good faith contest, by appropriate proceedings, the validity or amount of any Charges, Taxes or claims described in Section 5.2(a); provided, that (i) adequate reserves with respect to such contest are maintained on the books of such Credit Party, in accordance with GAAP; (ii) no Lien shall be imposed to secure payment of such Charges (other than payments to warehousemen and/or bailees) that is superior to any of the Liens securing payment of the Obligations and such contest is maintained and prosecuted continuously and with diligence and operates to suspend collection or enforcement of such Charges, (iii) none of the Collateral becomes subject to forfeiture or loss as a result of such contest, (iv) such Credit Party shall promptly pay or discharge such contested Charges, Taxes or claims and all additional charges, interest, penalties and expenses, if any, and shall deliver to Agent evidence reasonably acceptable to Agent of such compliance, payment or discharge, if such contest is terminated or discontinued adversely to such Credit Party or the conditions set forth in this Section 5.2(b) are no longer met, and (v) Agent has not advised Borrower in writing that Agent reasonably believes that nonpayment or nondischarge thereof could have or result in a Material Adverse Effect.

  • Acceptance of Contract This contract shall not be considered accepted, approved or otherwise effective until the statutorily required approvals and certifications have been given.

  • Continuance of Agreement for Certain Purposes If any Party terminates this Agreement with respect to any Fund pursuant to Sections 6.1(b), 6.1(c), 6.1(d), 6.1(f), 6.1(g), 6.1(h) or 6.1(i) hereof, this Agreement shall nevertheless continue in effect as to any Shares of that Fund that are outstanding as of the date of such termination (the "Initial Termination Date"). This continuation shall extend to the earlier of the date as of which an Account owns no Shares of the affected Fund or a date (the "Final Termination Date") six (6) months following the Initial Termination Date, except that LIFE COMPANY may, by written notice shorten said six (6) month period in the case of a termination pursuant to Sections 6.1(d), 6.1(f), 6.1(g), 6.1(h) or 6.1(i).

  • Acceptance of Appointment; Standard of Performance Adviser accepts the appointment as discretionary portfolio manager and agrees to use its best professional judgment to make timely investment decisions for the Fund in accordance with the provisions of this Agreement.

  • Calculation of Charges Contractor shall provide an invoice to the City on a monthly basis for goods delivered and/or Services completed in the immediate preceding month, unless a different schedule is set out in Appendix B, “Calculation of Charges.” Compensation shall be made for goods and/or Services identified in the invoice that the City, in his or her sole discretion, concludes has been satisfactorily performed. In no event shall the amount of this Agreement exceed [insert whole dollar amount in numbers and words -- no pennies and no “.00”]. The breakdown of charges associated with this Agreement appears in Appendix B, “Calculation of Charges.” A portion of payment may be withheld until conclusion of the Agreement if agreed to by both Parties as retainage, described in Appendix B. In no event shall City be liable for interest or late charges for any late payments. City will not honor minimum service order charges for any services covered by this Agreement.

  • Acceptance of Agreement This Agreement shall not be considered accepted, approved or otherwise effective until the statutorily required approvals and certifications have been given.

  • Acceptance of Deed The acceptance and recording of a deed by the BUYER or his nominee as the case may be, shall be deemed to be a full performance and discharge of every agreement and obligation herein contained or expressed, except such as are, by the terms hereof, to be performed after delivery of said deed.

  • Acceptance of AAU You will have accepted an AAU for an Offering if: (a) we receive your acceptance, prior to the time specified in the Invitation Wire for such Offering, by wire, telex, telecopy or electronic data transmission, or other written communication (any such communication being deemed “In Writing”) or orally (if promptly confirmed In Writing), in the manner specified in the Invitation Wire, of our invitation to participate in the Offering, or (b) notwithstanding that we did not send you an Invitation Wire or you have not otherwise responded In Writing to any such Wire, you: (i) agree (orally or by a Wire) to be named as an Underwriter in the relevant Underwriting Agreement executed by us as Manager, or (ii) receive and retain an economic benefit for participating in the Offering as an Underwriter. Your acceptance of the invitation to participate will cause such AAU to constitute a valid and binding contract between us. Your acceptance of the AAU as provided above or an Invitation Wire will also constitute acceptance by you of the terms of subsequent Wires to you relating to the Offering unless we receive In Writing, within the time and in the manner specified in such subsequent Wire, a notice from you to the effect that you do not accept the terms of such subsequent Wire, in which case you will be deemed to have elected not to participate in the Offering.

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