Fees and Settlement. 5.1 The Company must pay to Globepay in accordance with the Settlement Process:
5.1.1 the Fees relating to the Technical Services specified in Schedule 1;
5.1.2 All fees, fines or Assessments that Globepay incurs with the Scheme and or Regulator in relation to the Transactions. If a fee or fine is imposed by the schemes or regulator then Vitesse will also pass on an additional fee for the same value for putting the Vitesse license at risk.
5.1.3 Any other fees incurs in relation to the Services, subject to the prior written consent of Company, such consent not be unreasonably withheld;
5.1.4 If payments are processed through non approved sites, Vitesse will have no obligation to settle the funds processed from these sites, with the merchant.
5.2 Vitesse shall in accordance with the Settlement Process:
5.2.1 Post to the Merchant Payment Account(s) real time the amount of funds received in relation to Payments, Refunds and Reversals during such Business Day from the Scheme net of Refunds, Fees, amounts payable to Globepay under any indemnity given by it under this Agreement, any other amounts referred to in Clause 5.1 and any deferral(s) under Clause 5.3; and
5.2.2 disburse each Settlement Amount to the Company in the Supported Currency or as otherwise agreed with the Company. In circumstances where a currency conversion is applied to the Settlement Amount, Globepay shall use its prevailing exchange rate of the day, applied on the date of disbursement, or such other reference rate as Vitesse may notify the Company. The reference rate will fluctuate and is therefore indicative only.
5.3 Vitesse may defer payment of any Settlement Amount:
5.3.1 if, following any deductions pursuant to Clause 5.2, the amount of such Settlement Amount is less than the minimum threshold that Globepay reasonably determine in the sole and absolute discretion (of which Globepay will notify you from time to time), until the total Settlement Amount payable reaches that threshold as set in schedule 2;
5.3.2 where Globepay reasonably believe that a Transaction may be fraudulent or involves other criminal activity, until the satisfactory completion of Globepay’s investigation or that of any Scheme, regulatory or third party; or
5.3.3 without limit in amount or time, if Globepay become aware or reasonably believe that the Company are in breach of or likely to be in breach of its obligations under this Agreement.
5.4 The Company hereby irrevocably authorizes Globepay from time to time with...
Fees and Settlement. (a) Reseller shall pay the fees indicated on Exhibit A for the corresponding Services. Fees for Services will be fully earned and non-refundable when and as the Services are performed. Services subsequently requested in writing, but not contracted for at the time of implementation for each Reseller Customer will be charged to Reseller at eCom’s standard rates. (b) eCom will prepare an invoice to be submitted to Reseller for the one-time fees and the annual support fee specified in Exhibit A within the next billing period following eCom’s receipt of the completed Exhibit C — Project Initiation Form. eCom will prepare an invoice to be submitted to Reseller for all other fees payable pursuant to this Agreement on or before the 15th day of each month and eCom will debit Reseller via ACH entry on or after the 25th day of the month. Immediately upon execution hereof, Reseller will designate, in writing, an account at a financial institution to receive ACH debit and (if required) credit entries from eCom.
(c) An Exhibit may require payment of actual reasonable expenses incurred by eCom.
(d) Any uncontested payment not received within thirty (30) days of the date of invoice shall bear interest from the date due at the rate of one percent (1%) per month (prorated for partial periods) or the maximum rate permitted by applicable law, whichever is less.
(e) All payments to eCom will be made in immediately available funds through the ACH system (or by some other means as approved in writing by eCom) resulting in those funds being transferred to eCom’s account at a financial institution as specified by eCom from time to time (“eCom Designated Account”). Reseller will designate an account at a financial institution as specified in writing by Reseller Customer (“Reseller Designated Account”) to receive ACH debit and (if required) credit entries from eCom. Reseller and Reseller Customer hereby authorize eCom and/or Processor to generate all such ACH entries, and agrees to complete whatever documents may be reasonably required to receive such ACH entries. (f) In the event that payment due to eCom is not paid in accordance with this Agreement and must be collected at law or through an attorney-at-law, or under advice therefrom, or through a collection agency, Reseller agrees to pay all actual and reasonable costs of collection, including, without limitation, all court costs and reasonable attorney’s fees. (g) Reseller shall be responsible for sales or use taxes, or similar o...
Fees and Settlement. 1. Party B is entitled to own the charges and message fees arising from the use of subscribers of the application services or message services provided by Party B, and Party A can provide Party B with message service fee accounting and collection agency service. The charging system of Party A shall settle all the receivable message fees from the K-Jaka service of the month and pay 85% of such fees in Beijing region to Party B.
2. The charging and settlement shall be based on the successful CDR collected by the charging system of Party A. The charging as per pieces shall be based on the success of subscribers to receive the message while the charging on a monthly basis shall be based on the service actually ordered and used successfully by subscribers of the month.
3. The message fees that both parties settle shall not include the following items:
1) subscriber fees for number cancellation (including pre-number cancellation);
2) subscriber fees for stop;
3) silent subscriber fees;
4) fees due to too high single message fees; and
5) fees due to refund (refund by double).
4. Party A shall provide Party B with the charging record of the last month before the 15th day of every month and both parties shall check the message fee amount from the first day to the last day of the last month. Party B shall feed back the reconciliation result within 10 days. If Party B fails to do so, it shall be deemed that the reconciliation is correct.
5. Whether disagreeing or not with the charging record of the last month, Party B shall prepare invoice to Party A before the 18th day of every month. After receiving the legal invoice delivered from Party B before the 18th day of the month (subject to the place specified by Party A where the invoice shall be served), Party A shall pay Party B the payable message fee as per the sum recorded on the invoice before the end of that month. That is to say, even both parties can not finish the reconciliation as scheduled, the settlement as per the sum on the reconciliation statement shall be made and the excess payments should be refunded and the deficiencies should be repaid in the next or future settlement.
6. After receiving the reconciliation statement on the 15th day of every month, Party B shall eliminate subscriber fees for number cancellation (including pre-number cancellation), subscriber fees for stop, silent subscriber fees, fees due to too high single message fees and fees due to refund etc; before the 25th day of every month, i...
Fees and Settlement.
5.1 The price the customer shall pay to the supplier of goods as well as any se- lected options are shown in Appendix 1 (Supplier’s tender).
5.2 The prices are fixed.
5.3 All prices are inclusive duties and taxes and all other expenses to be borne by the supplier, but including VAT.
5.4 Payment settled after submission of invoice when the agreed products are delivered in its entirety.
5.5 The Supplier must submit the invoice to: [insert the receivers name and address]
5.6 The contracting entity is required to pay thirty (30) calendar days after the supplier has shipped satisfactory invoice.
Fees and Settlement. 7.1 Under this contract, unless otherwise agreed by the two parties, the transportation fees that the shipper should pay to the network freighter shall be paid to the account of the network freighter or affiliated company listed in the attachment, which is consistent with the legal subject displayed on the G7 platform waybill.
7.2 Under this contract, the freight paid by the shipper to the network freighter shall be determined by both parties through the G7 platform, and the specific data displayed on the G7 platform shall prevail (including but not limited to the trip record, waybill, etc.), and the unit price of the freight includes the transportation fee , VAT special invoice taxes and fees as well as road maintenance fees, road and bridge fees, fuel fees, off-site road rectification fees, escort vehicle configuration fees and other fees (if any) that meet the national requirements.
7.3 After the network freighter delivers the goods to the unloading place as agreed, the freight that should be paid shall be paid to the network freighter in a timely manner, no later than 60 days after the goods are received.
7.4 The shipper has settled the full amount of freight and the waybill conforms to the network freighter’s waybill verification rules. If the network freighter’s waybill is verified and passed, the network freighter will issue to the shipper a value-added tax rate of 9% for the freight that has been collected. Tax special invoices (the tax rate of invoices is adjusted according to the relevant national laws and policies), and the specific invoice issuance information is subject to the information on the G7 platform. If the non-network freighter cannot issue the invoice in time due to his own reasons, the network freighter does not assume the responsibility for delaying the issuance of the invoice.
7.5 According to tax authorities and G7 platform rules and other relevant regulations, the network freighter has the right to verify the authenticity and validity of the waybill. The person shall review the information and materials submitted by the shipper and the actual carrier, and verify and judge the authenticity and rationality of the content of the waybill in combination with the running track and other materials. The contract, and requires the shipper to pay liquidated damages to the network freighter according to the standard of 20% of the total amount of the waybill, and the shipper shall bear all the losses caused by the network freighter, and the...
Fees and Settlement
