Common use of Method of Payment Clause in Contracts

Method of Payment. All payments shall be made by direct debit mandate or standing order mandate, CHAPS transfer, BACS transfer or other electronic or telegraphic transfer to a London clearing bank or such other financial institution as may be approved by the party entitled to the payment, such approval not to be unreasonably withheld or delayed.

Appears in 190 contracts

Samples: Track Access Contract, Track Access Contract (Freight Services), Track Access Contract (Passenger Services)

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Method of Payment. β€Œ All payments shall be made by direct debit mandate or standing order mandate, CHAPS transfer, BACS transfer or other electronic or telegraphic transfer to a London clearing bank or such other financial institution as may be approved by the party Party entitled to the payment, such approval not to be unreasonably withheld or delayed.

Appears in 1 contract

Samples: Connection Contract

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Method of Payment. All payments shall be made by direct debit mandate or standing order mandate, CHAPS transfer, BACS transfer or other electronic or telegraphic transfer to a London clearing bank or such other financial institution as may be approved by the party Party entitled to the payment, such approval not to be unreasonably withheld or delayed.

Appears in 1 contract

Samples: Connection Contract

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