Execution and cut-off times Clause Samples
Execution and cut-off times. If ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Services is managing the Customer’s settlement, the Customer agrees that ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Services will make commercially reasonable efforts to settle to the Customer’s Bank Account, at the latest, in accordance with the Payment Frequency, subject to any delays arising from statutory bank holidays in the Customer’s jurisdiction. ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Services’s obligation to execute payment orders within the time period set out above in this section only applies to payments executed in the currency of Pounds Sterling, Euro or the currency of the EEA State that has not adopted Euro as its currency, and to Bank Accounts within the European Union. ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Services is under no obligation to execute the Customer’s payment order if the Customer does not have sufficient funds or in any of the cases described in Section 5.1. ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Services reserves the right not to effect a payment made by the Customer until it receives cleared funds.
Execution and cut-off times. If PayPal is managing your settlement, you agree that we will make commercially reasonable efforts to settle to your Bank Account, at the latest, by the end of the next Business Day following the date we have received the funds from your acquiring bank Our obligation to execute payment orders within the time period set out above in this section only applies to payments executed in the currency of Pounds Sterling, Euro or the currency of the EEA State that has not adopted Euro as its currency, and to Bank Accounts within the European Union. PayPal is under no obligation to execute your payment order if you do not have sufficient funds or in any of the cases described in Section 5.01. PayPal reserves the right not to effect a payment made by you until it receives cleared funds.
Execution and cut-off times. If PayPal is managing your settlement, you agree that we will make commercially reasonable efforts to settle to your Bank Account, at the latest, by the end of the next Business Day following the date we have received the funds from your acquiring bank Our obligation to execute payment orders within the time period set out above in this section only applies to:
(a) Payments executed in the currency of Pound Sterling to Bank Accounts within the UK; (b) Payments executed in the currency of Euro to Bank Accounts within the European Economic Area (“EEA”) and the UK under a payment scheme which operates across both the EEA and the UK; (c) Payments to Bank Accounts within the EEA and UK and executed under a payment scheme which operates across the EEA and the UK and which involved only one currency conversion between Pound Sterling and Euro, provided that the currency conversion takes place in the UK and the cross- border transfer takes place in Euro. PayPal is under no obligation to execute your payment order if you do not have sufficient funds or in any of the cases described in Section 5.01. PayPal reserves the right not to effect a payment made by you until it receives cleared funds.
Execution and cut-off times. If Braintree is managing your settlement, you agree that we will make commercially reasonable efforts to settle to your Bank Account, at the latest, by the end of the next Business Day following the date we have received the funds from your acquiring bank Our obligation to execute payment orders within the time period set out above in this section only applies to payments executed in the currency of Pounds Sterling, Euro or the currency of the EEA State that has not adopted Euro as its currency, and to Bank Accounts within the European Union. Braintree is under no obligation to execute your payment order if you do not have sufficient funds or in any of the cases described in Section 5.01. Braintree reserves the right not to effect a payment made by you until it receives cleared funds.