Incremental Authorisation Sample Clauses
The Incremental Authorisation clause allows for permissions or approvals to be granted in stages rather than all at once. In practice, this means that as certain milestones or conditions are met, additional rights or access are provided, such as phased funding releases or step-by-step project approvals. This approach helps manage risk and ensures that obligations are met before further authorisation is given, providing greater control and oversight throughout the process.
Incremental Authorisation. The process of reserving an additional amount, e.g. during a hotel-stay or car rental, where the Cardholder has agreed to pay for any services incurred during the stay or rental period.
Incremental Authorisation. The process of reserving an additional amount, e.g. during a ho- tel-stay or car rental, where the Cardholder has agreed to pay for any services incurred during the stay or rental period. Instalment Payments allow the Merchant to complete several Card Payments for a single purchase of goods or services over a fixed period of time.