Debits and set off Sample Clauses

Debits and set off a) ISXPay may marshal and exercise its rights under any security it holds from you or in relation to your indebtedness in respect of your liability under this Agreement. ISXPay may:
View SourceView Similar (3)
Debits and set off. We may exercise our rights under any security we hold from you or in relation to your indebtedness under or in connection with this Agreement. We may, on notice to you, recover any amount you owe us including by setting off that amount against an amount owed to you or held for you, including (without limitation) by: (a) debiting your Settlement Account; (b) debiting your Fee Account; (c) debiting a Reserve Account established under clause 10.5; (d) deducting and setting off amounts from settlement funds due to you; or (e) invoicing you separately for any of the following amounts: (i) funds credited to your account in error; (ii) Invalid Transactions (including Chargebacks and our related losses); (iii) Fees; (iv) fees and fines imposed on us by any Card Schemes resulting from exchanges or your Chargebacks or your acts or omissions; (v) government charges payable by us and arising in relation to the operation of this Agreement; and (vi) any other amounts then due from you to us, relating to professional services provided or otherwise arising out of or related to this Agreement. (f) We may also charge interest at the applicable RBA cash rate plus 3% on amounts outstanding where there were insufficient funds in your account to satisfy the above amounts.
View SourceView Similar (3)
Debits and set off. ISXMoney may marshal and exercise its rights of set-off against any Security it holds from the Client or in relation to your indebtedness in respect of your liability under this Agreement. ISXMoney may also: a. debit any of your EMA’s; or b. debit a Rolling Reserve Account established under Clause 7; or c. deduct and set off from settlement funds due to the Client; or d. debit funds credited to your Account in error; or e. invoice the Client separately for any of the following amounts: i. Any VAT charges that may become applicable; ii. reversals, refunds and recalls including for negative balances at Settlement, for Card, SEPA transactions, OCT and APM’s; iii. Invalid Transactions (including Chargebacks and our related losses); iv. Fees as set out in the Fee Schedules (if applicable); v. fees and fines imposed by any Card Schemes resulting from exchanges or your Chargebacks or your acts or omissions;‌ vi. government charges; and vii. any other amounts then due from the Client to ISXMoney, whether or not arising out of or related to this Agreement.
View SourceView Similar (2)
Debits and set off. ISXPay may marshal and exercise its rights under any security it holds from you or in relation to your indebtedness in respect of your liability under this Agreement. ISXPay may: (a) debit your Settlement Account; (b) debit a Reserve Account established under clause 16.4; (c) deduct and set off from settlement funds due to you; or (d) invoice you separately for any of the followingamounts: i. funds credited to your account in error; ii. Invalid Transactions (including Chargebacks and our related losses); iii. Fees; iv. fees and fines imposed by any Card Schemes resulting from exchanges or your Chargebacks or your acts or omissions; v. government charges; and vi. any other amounts then due from you to us, whether or not arising out of or related to this Agreement. (e) ISXPay may also charge interest on amounts outstanding where there were insufficient funds in your account to satisfy the above amounts. (f) Despite any other provision of this Agreement, ISXPay and the Acquirer(s) may at any time without notice to you set off any Liability owed by ISXPay or and the Acquirer(s) (as the case may be), to you on any account against any Liability owed by You to ISXPay or the Acquirer (as the case may be) under or in connection with this agreement. For the purpose of this clause, “Liability” means any debt or monetary liability, irrespective of whether the debt or monetary liability is future or present, actual or contingent.
View Source
Debits and set off. ISXPay may marshal and exercise its rights under any security it holds from you or in relation to your indebtedness in respect of your liability under this Agreement. ISXPay may: (a) debit your Settlement Account; (b) debit a Reserve Account established under clause 16.4; (c) deduct and set off from settlement funds due to you; or (d) invoice you separately for any of the followingamounts: i. funds credited to your account in error; ii. Invalid Transactions (including Chargebacks and our related losses); iii. Fees; iv. fees and fines imposed by any Card Schemes resulting from exchanges or your Chargebacks or your acts or omissions; v. government charges; and vi. any other amounts then due from you to us, whether or not arising out of or related to this Agreement. (e) ISXPay may also charge interest on amounts outstanding where there were insufficient funds in your account tosatisfy the above amounts. (f) Despite any other provision of this Agreement, ISXPay may at any time without notice to you set off any Liability owed by ISXPay, to you
View Source
Debits and set off. ISXMoney may marshal and exercise its rights of set-off against any Security it holds from the Client or in relation to your indebtedness in respect of your liability under this Agreement. ISXMoney may also: a. debit any of the Client’s EMA’s; or b. debit a Rolling Reserve Account established under Clause 7; or c. deduct and set-off from settlement funds due to the Client; or d. debit funds credited to any Client Account in error; e. invoice the Client separately for any of the following amounts: i. Any VAT charges that may become applicable ii. reversals, refunds and recalls including for negative balances at Settlement, for Card, SEPA transactions, OCT and APM’s iii. Invalid Transactions (including Chargebacks and our related losses);
View Source
Debits and set off. First Data may marshal and exercise its rights under any security it holds from you or in relation to your indebtedness in respect of your liability under this Agreement. First Data may: (a) debit your Settlement Account; (b) debit a Reserve Account established under clause 7.4; (c) deduct and set off from settlement funds due to you; or (d) invoice you separately for any of the following amounts: i. funds credited to your account in error; ii. Invalid Transactions (including Chargebacks and our related losses); iii. Fees; iv. fees and fines imposed by any Card Schemes resulting from exchanges or your Chargebacks or your acts or omissions; v. government charges; and vi. any other amounts then due from you to us, whether or not arising out of or related to this Agreement. (e) First Data may also charge interest on amounts outstanding where there were insufficient funds in your account to satisfy the above amounts.
View Source

Related to Debits and set off

  • PAYMENTS AND SET-OFF All sums payable by the Guarantor under this Deed of Guarantee will be paid without any set-off, lien or counterclaim, deduction or withholding, except for those required by Law. If any deduction or withholding must be made by Law, the Guarantor will pay that additional amount to ensure that the Buyer receives a net amount equal to the full amount which it would have received if the payment had been made without the deduction or withholding. The Guarantor will pay interest on any amount due under this Deed of Guarantee at the applicable rate under the Late Payment of Commercial Debts (Interest) Act 1998, accruing on a daily basis from the due date up to the date of actual payment, whether before or after judgment. The Guarantor will reimburse the Buyer for all legal and other costs (including VAT) incurred by the Buyer in connection with the enforcement of this Deed of Guarantee.

  • Mitigation and Set-Off The Executive shall not be required to mitigate the amount of any payment provided for in this Agreement by seeking other employment or otherwise. The Company shall not be entitled to set off against the amounts payable to the Executive under this Agreement any amounts owed to the Company by the Executive, any amounts earned by the Executive in other employment after termination of his employment with the Company, or any amounts which might have been earned by the Executive in other employment had he sought such other employment.

  • Netting and Set-Off 23.1. If the aggregate amount payable by the Client is equal to the aggregate amount payable by the Company, then automatically the mutual obligations to make payment are set-off and cancel each other. 23.2. If the aggregate amount payable by one party exceeds the aggregate amount payable by the other party, then the party with the larger aggregate amount shall pay the excess to the other party and all obligations to make payment will be automatically satisfied and discharged. 23.3. The Company has the right to combine all or any Client Accounts opened in the Client name and to consolidate the Balances in such accounts and to set-off such Balances in the event of termination of the Agreement.

  • Lien and Set Off As further security for all of your obligations hereunder (but subject to the Rules) we shall have the right to retain (and apply as set out below) all of your property which we or any of our Associated Firms hold for any purpose, including, but not limited to, property held in any other of your accounts with us or any of our Associated Firms, whether or not we have made any advances in connection with such property. From time to time we may, without notice, transfer and re-transfer any money or other property between any such accounts. You shall execute such documents and take such other action as we shall reasonably request in order to perfect our rights with respect to any security referred to in this Clause 28.

  • PAYMENT AND SETTLEMENT You shall deliver to the Manager on the date and at the place and time specified in the applicable AAU (or on such later date and at such place and time as may be specified by the Manager in a subsequent Wire) the funds specified in the applicable AAU, payable to the order of ▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ Inc., for (i) an amount equal to the Offering Price plus (if not included in the Offering Price) accrued interest, amortization of original issue discount or dividends, if any, specified in the Prospectus or Offering Circular, less the applicable Selling Concession in respect of the Firm Securities to be purchased by you, (ii) an amount equal to the Offering Price plus (if not included in the Offering Price) accrued interest, amortization of original issue discount or dividends, if any, specified in the Prospectus or Offering Circular, less the applicable Selling Concession in respect of such of the Firm Securities to be purchased by you as shall have been retained by or released to you for direct sale as contemplated by Section 3.6 hereof or (iii) the amount set forth or indicated in the applicable AAU, as the Manager shall advise. You shall make similar payment as the Manager may direct for Additional Securities, if any, to be purchased by you on the date specified by the Manager for such payment. The Manager will make payment to the Issuer or Seller against delivery to the Manager for your account of the Securities to be purchased by you, and the Manager will deliver to you the Securities paid for by you which shall have been retained by or released to you for direct sale. If the Manager determines that transactions in the Securities are to be settled through the facilities of DTC or other clearinghouse facility, payment for and delivery of Securities purchased by you shall be made through such facilities, if you are a member, or, if you are not a member, settlement shall be made through your ordinary correspondent who is a member.