Method of remittance Clause Samples

Method of remittance. The Parties acknowledge and agree that when practicable to give effect to sub-section 20. 3 a Pool Debtor shall cause remittances to be effected through CHAPS but, where not practicable or where the amount payable is less than the minimum individual amount then processed through CHAPS, the Pool Member shall ensure by whatever means at its disposal that remittance for value on the relevant Payment Date is made for credit to the Pool Clearing Account not later than 12.30 hours.