Common use of Collection Payment Clause in Contracts

Collection Payment. in accordance with the terms and conditions set forth in the Agreement the Bank: (a) issues the Commercial Document against payment or performance of other terms and conditions by the Remittee and (b) transfers the Collection Amount or/and Document (if any) from the Remittee to the Customer.

Appears in 7 contracts

Samples: Collection Agreement, Collection Agreement, Collection Agreement

AutoNDA by SimpleDocs

Collection Payment. in accordance with the terms and conditions set forth in the Agreement the Bank: (a) issues the Commercial Document against payment or performance of other terms and conditions by the Remittee and (b) transfers the Collection Amount or/and Document (if any) from the Remittee to the Customer.and

Appears in 2 contracts

Samples: Collection Agreement, Collection Agreement

AutoNDA by SimpleDocs

Collection Payment. in accordance with the terms and conditions set forth in the Agreement the Bank: : (a) issues the Commercial Document against payment or performance of other terms and conditions by the Remittee and (b) transfers the Collection Amount or/and Document (if any) from the Remittee to the Customer.

Appears in 1 contract

Samples: Collection Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!