Common use of Payment for Charges Clause in Contracts

Payment for Charges. 7.1. You will receive payment according to your payment plan in local currency for the face amount of Charges submitted from your Establishments in the Country where you are present, “less”: (i) the Discount; (ii) any other fees or amounts you owe us or our Affiliates under any agreement or arrangement; (iii) any amounts for which we have Full Recourse; and (iv) the full amount of any Credits you submit. Our standard payment plan is five (5) banking days from receipt by us of all relevant Charge data, although alternative payment plans are available upon request. You shall not be entitled to receive payment for or on behalf of any third party. 7.2. We may charge a fee for any rejected direct debits or direct credits or late payment. The level of such fee will be notified to you in advance. 7.3. You must notify us in writing of any error or omission in respect of your Discount or other fees or payments for Charges or Credits within ninety (90) days of the date of the statement or other reconciliation data received from us containing such claimed error or omission, or we will consider the relevant reconciliation data to be conclusively settled as complete and correct in respect of such amounts. 7.4. If we determine at any time that we have paid you in error, we may deduct such amounts from future payments due to you, debit your Account (if you have signed a Direct Debit mandate) or invoice you for such amounts. If you receive any payment from us not owed to you under this Agreement, you must immediately notify us (by calling our telephone service centre) and your Processor and return such payment to us promptly. Whether or not you notify us, we have the right to withhold future payments to you or debit your Account until we fully recover the amount. We have no obligation to pay any party other than you under this Agreement. 7.5. You must not xxxx or collect from any Cardmember for any purchase or payment made on the Card unless we have exercised Full Recourse for such Charge, you have fully paid us for such Charge, and you otherwise have the right to pursue the Cardmember.

Payment for Charges. 7.1a. We will pay you for Charges in accordance with this Agreement. You will receive payment according to your payment plan in local currency Local Currency for the face amount of Charges submitted from your Establishments in the Country where United Kingdom less any the amounts for which we have Chargeback rights and the full amount of any Credits. We will then collect from you, on a monthly basis by direct debit, the Discount and any other fees or amounts you owe us or our Affiliates under any agreement or arrangement. In the event that a direct debit is not successful, you must immediately arrange payment to us. Your default payment plan is five (5) Business Days from receipt by us of all relevant Charge Data, although alternative payment plans are presentavailable. You shall not be entitled to receive payment for or on behalf of any third party. b. In the event that you fail to make payment to us as required under Section 5.a above, “we may, in our sole discretion switch you to our net pay program. This will result in future payments being made to you according to your payment plan in Local Currency for the face amount of Charges submitted from your Establishments in the United Kingdom, less”: : (i) the any Discount; ; (ii) any other fees or amounts you owe us or our Affiliates under any agreement or arrangement; ; (iii) any amounts for which we have Full RecourseChargeback rights; and and (iv) the full amount of any Credits you submit. c. WE WILL MAKE AVAILABLE INFORMATION ABOUT YOUR CHARGES AND CREDITS, INCLUDING THE DISCOUNT AND ANY OTHER FEES OR AMOUNTS PAID, ON NO LESS THAN A MONTHLY BASIS. Our standard payment plan YOU AGREE THAT WE MAY PROVIDE YOU WITH INFORMATION ABOUT THE DISCOUNT AND ANY OTHER FEES PAYABLE BY YOU, ON AN AGGREGATED BASIS. Although American Express does not have fees payable between acquirers and issuers, where a transaction is five regulated pursuant to Regulation (5EU) banking days from receipt by us of all relevant Charge data2015/751, although alternative payment plans are the American Express d. The information referred to in Sections 5.a and 5.b above will be made available upon requestto you online. You shall not be entitled can access this information through your online merchant account at xxx.xxxxxxxxxxxxxxx.xxx/xxxxxxxx. If you choose to receive payment for or on behalf of any third party. 7.2. We paper statements, we may charge you a fee for any rejected direct debits or direct credits or late payment. The level of such fee will be notified to you each paper statement, as set out in advance.Schedule C. 7.3. e. You must notify us in writing of any error or omission in respect of your Discount or other fees or payments for Charges or Credits within ninety (90) days of the date of the applicable statement or other reconciliation data received from us containing such claimed error or omission, or we will consider the relevant reconciliation data to be conclusively settled as complete and correct in respect of such amounts. 7.4. If In respect of queries in connection with Charges on Cards issued in the European Economic Area we determine at any time that we have paid you may, in errorexceptional circumstances, we may deduct such amounts from future payments due consider a query raised up to you, debit your Account (if you have signed a Direct Debit mandate) or invoice you for such amounts. If you receive any payment from us not owed to you under this Agreement, you must immediately notify us (by calling our telephone service centre) and your Processor and return such payment to us promptly. Whether or not you notify us, we have the right to withhold future payments to you or debit your Account until we fully recover the amount. We have no obligation to pay any party other than you under this Agreement. 7.5. You must not xxxx or collect from any Cardmember for any purchase or payment made on the Card unless we have exercised Full Recourse for such Charge, you have fully paid us for such Charge, and you otherwise have the right to pursue the Cardmember.thirteen

Payment for Charges. 7.1a. You may choose to receive either net settlement or gross settlement. The settlement method is indicated on your application form and, except as set out below, can only be varied upon the written agreement of the parties. Where you select net settlement, we will pay you for Charges in accordance with this Agreement. You will receive payment according to your payment plan in Local Currency for the face amount of Charges submitted from your Establishments in the United Kingdom, less: (i) any Discount; (ii) any other fees or amounts you owe us or our Affiliates under any agreement or arrangement; (iii) any amounts for which we have Chargeback rights; and (iv) the full amount of any Credits you submit. Where you select gross settlement, we will pay you for Charges in accordance with this Agreement. You will receive payment according to your payment plan in local currency for the face amount of Charges submitted from your Establishments in the Country where United Kingdom. We will invoice you are presentmonthly, “less”: in arrears, for: (i) the Discount; ; (ii) any amounts for which we have Chargeback rights; (iii) any other fees or amounts you owe us or our Affiliates under any agreement or arrangement; (iii) any amounts for which we have Full Recourse; and and (iv) the full amount of any Credits that you submit. Our standard Invoices will be payable by you within ten (10) days. We shall take payment from you automatically by Direct Debit ten (10) days from the date of the invoice. In the event that a direct debit is not successful, you shall immediately arrange payment to us and we may, in our sole discretion, apply net settlement to your future Charges. Your payment plan is five (5) banking days from as set out in your application form and may be amended only upon agreement with us. The timeframe for payment starts upon receipt by us of all relevant Charge data, although alternative payment plans are available upon requestData. You shall not be entitled to receive payment for or on behalf of any third party. 7.2b. WE WILL MAKE AVAILABLE INFORMATION ABOUT YOUR CHARGES AND CREDITS, INCLUDING THE DISCOUNT AND ANY OTHER FEES OR AMOUNTS PAID, ON NO LESS THAN A MONTHLY BASIS. We may YOU AGREE THAT WE MAY PROVIDE YOU WITH THE INFORMATION IN SECTION 5.A, ON AN AGGREGATED BASIS. Although American Express does not have fees payable between acquirers and issuers, where a transaction is regulated pursuant to Regulation (EU) 2015/751, the American Express Network will not pay net compensation to the card issuer of more than 0.3% for credit and charge a fee Cards or 0.2% for any rejected direct debits or direct credits or late payment. debit and Prepaid Cards. c. The level of such fee information referred to in Section 5.b above will be notified made available to you in advanceonline. You can access this information through your online merchant account at xxx.xxxxxxxxxxxxxxx.xxx/xxxxxxxx. 7.3. d. You must notify us in writing of any error or omission in respect of your Discount or other fees or payments for Charges or Credits within ninety (90) days of the date of the applicable statement or other reconciliation data received from us containing such claimed error or omission, or we will consider the relevant reconciliation data to be conclusively settled as complete and correct in respect of such amounts. 7.4. If In respect of queries in connection with Charges on Cards issued in the European Economic Area we determine at any time that we have paid you may, in errorexceptional circumstances, we may deduct such amounts from future payments due consider a query raised up to you, debit your Account (if you have signed a Direct Debit mandate) or invoice you for such amounts. If you receive any payment from us not owed to you under this Agreement, you must immediately notify us (by calling our telephone service centre) and your Processor and return such payment to us promptly. Whether or not you notify us, we have the right to withhold future payments to you or debit your Account until we fully recover the amount. We have no obligation to pay any party other than you under this Agreement. 7.5. You must not xxxx or collect from any Cardmember for any purchase or payment made on the Card unless we have exercised Full Recourse for such Charge, you have fully paid us for such Charge, and you otherwise have the right to pursue the Cardmember.thirteen

Payment for Charges. 7.1a. We will pay you for Charges in accordance with this Agreement. You will receive payment according to your payment plan in local currency Local Currency for the face amount of Charges submitted from your Establishments in the Country where you are presentUnited Kingdom, “less”: : (i) the any Discount; ; (ii) any other fees or amounts you owe us or our Affiliates under any agreement or arrangement; ; (iii) any amounts for which we have Full RecourseChargeback rights; and and (iv) the full amount of any Credits you submit. Our standard Your default payment plan is five (5) banking days Business Days from receipt by us of all relevant Charge dataData, although alternative payment plans are available upon requestavailable. You shall not be entitled to receive payment for or on behalf of any third party. 7.2b. We will make available to you a statement at least once a month if you have submitted any Charges or if there has been any other transactional activity under this Agreement. We You agree that your statement will be available to you online by accessing our website (xxx.xxxxxxxxxxxxxxx.xx.xx/xxxxxxxx) via the Online Merchant Services (“OMS”) portal. Each statement will show important information, such as the settlement amount, currency, the Discount Rate, the exchange rate and the Charge amount and currency. If you require information on the Discount per Charge, we will make this available to you on request once a month. If you choose to receive paper statements, we may charge you a fee for any rejected direct debits or direct credits or late payment. The level of such fee will be notified to you each paper statement, as set out in advance.Schedule C. 7.3. c. You must notify us in writing of any error or omission in respect of your Discount or other fees or payments for Charges or Credits within ninety (90) days of the date of the applicable statement or other reconciliation data received from us containing such claimed error or omission, or we will consider the relevant reconciliation data to be conclusively settled as complete and correct in respect of such amounts. In respect of queries in connection with Charges on Cards issued in the European Economic Area we may, in exceptional circumstances, consider a query raised up to thirteen (13) months after the date of your statement. 7.4. d. If we determine at any time that we have paid you in error, we may deduct such amounts from future payments due to you, debit your Account (if you have signed a Direct Debit direct debit mandate) or invoice you for such amounts. If you receive any payment from us not owed to you under this Agreement, you must immediately notify us (by calling our telephone service centre) and your Processor and return such payment to us promptly. Whether or not you notify us, we have the right to withhold future payments to you or debit your Account until we fully recover the amountamount of the erroneous payment. We have no obligation to pay any party other than you under this Agreement. 7.5. e. You must not xxxx bill or collect from any Cardmember for any purchase or payment made on the Card unless we have exercised Full Recourse our Chargeback rights for such Charge, you have fully reimbursed to us any sums we have paid us to you for such Charge, and you otherwise have the right to pursue the Cardmember.

Payment for Charges. 7.1. You a. We will receive payment pay you according to your payment plan in local currency U.S. dollars for the face amount of Charges submitted from your Establishments in the Country where you are present, “less”: (i) the Discount; (ii) any other fees or amounts you owe us or our Affiliates under any agreement or arrangement; (iii) any amounts for which we have Full Recourse; and (iv) the full amount of United States less any Credits you submit. Our standard payment plan The Discount is five the amount we charge you for accepting the Card and will be a percentage (5Discount Rate) banking days from receipt by us of all relevant Charge datathe face amount of Charges you submit. For any amounts that we have Chargeback rights, although alternative payment plans are available upon requestwe will initiate a separate ACH debit to your designated bank account. We will invoice you for (i) the Discount Rate, and (ii) any amounts you owe us. You shall not be entitled agree to receive payment for or on behalf pay us within thirty (30) days after receipt of any third partya correct invoice. 7.2b. Your initial Discount Rate is indicated in Schedule B and will be locked for the Initial Term. After the Initial Term, we may adjust the Discount Rate upon 60 days prior written notice to you. We may change any other amount we charge you for accepting the Card, and charge additional fees from time to time upon 60 days prior written notice to you. You may terminate this Agreement if you disagree with the imposition of a new fee or Charge provided you give us 60 days prior notice of termination. Charges for any rejected direct debits which you have not obtained Authorization or direct credits or late payment. The level that are not submitted electronically are subject to supplemental fees (as described in Section 4.a of such fee will be notified to you in advanceSchedule A). 7.3. You c. Each party must notify us the other in writing of any error or omission in respect of your the Discount or other fees or payments for Charges or Credits within ninety (90) days of Credits, and if an error occurred, the date of parties agree to rectify the statement or other reconciliation data received from us containing such claimed error or omission, or we will consider the relevant reconciliation data to be conclusively settled as complete and correct in respect of such amounts. 7.4. If we determine at any time that we have paid you in error, we may deduct such amounts from future payments due to you, debit your Account (if you have signed a Direct Debit mandate) or invoice you for such amounts. If you knowingly receive any payment from us not owed to you under this Agreement, you must immediately notify us promptly (by calling our telephone service centrecenter) and your Processor (meaning your intermediary that we have certified for obtaining Authorizations from and submitting Charges and Credits to us) and return such payment to us promptly. Whether promptly and whether or not you notify us, we have the right to withhold future payments to you or may debit your Account until we fully recover the amountrecoup such amount fully. We have no obligation to pay any party other than you under this Agreement. 7.5. d. You must not xxxx or collect from any Cardmember for any purchase or payment made on the Card unless we have exercised Full Recourse Chargeback for such Charge, you have fully paid us for such Charge, and you otherwise have the right to pursue the Cardmemberdo so.

Payment for Charges. 7.1a. You may choose to receive either net settlement or gross settlement. The settlement method is indicated on your application form and, except as set out below, can only be varied upon the written agreement of the parties. Where you select net settlement, we will pay you for Charges in accordance with this Agreement. You will receive payment according to your payment plan in local currency Local Currency for the face amount of Charges submitted from your Establishments in the Country where you are presentUnited Kingdom, “less”: Terms and Conditions for American Express® Card Acceptance September 2015 – Version 3 (i) the any Discount; ; (ii) any other fees or amounts you owe us or our Affiliates under any agreement or arrangement; ; (iii) any amounts for which we have Full RecourseChargeback rights; and and (iv) the full amount of any Credits you submit. Our standard Where you select gross settlement, we will pay you for Charges in accordance with this Agreement. You will receive payment according to your payment plan in Local Currency for the face amount of Charges submitted from your Establishments in the United Kingdom. We will invoice you monthly, in arrears, for: (i) the Discount; (ii) any amounts for which we have Chargeback rights; (iii) any other amounts you owe us or our Affiliates under any agreement or arrangement; and (iv) the full amount of Credits that you submit. Invoices will be payable by you within ten (10) days. We shall take payment from you automatically by Direct Debit ten (10) days from the date of the invoice. In the event that a direct debit is not successful, you shall immediately arrange payment to us and we may, in our sole discretion, apply net settlement to your future Charges. Your payment plan is five (5) banking days from as set out in your application form and may be amended only upon agreement with us. The timeframe for payment starts upon receipt by us of all relevant Charge data, although alternative payment plans are available upon requestData. You shall not be entitled to receive payment for or on behalf of any third party. 7.2b. WE WILL MAKE AVAILABLE INFORMATION ABOUT YOUR CHARGES AND CREDITS, INCLUDING THE DISCOUNT AND ANY OTHER FEES OR AMOUNTS PAID, ON NO LESS THAN A MONTHLY BASIS. We may YOU AGREE THAT WE MAY PROVIDE YOU WITH THE INFORMATION IN SECTION 5.A.(i) AND (ii), ON AN AGGREGATED BASIS. Although American Express does not have fees payable between acquirers and issuers, where a transaction is regulated pursuant to Regulation (EU) 2015/751, the American Express Network will not pay net compensation to the card issuer of more than 0.3% for credit and charge a fee Cards or 0.2% for any rejected direct debits or direct credits or late payment. debit and Prepaid Cards. c. The level of such fee information referred to in Section 5.b above will be notified made available to you in advanceonline. You can access this information through your online merchant account. 7.3. d. You must notify us in writing of any error or omission in respect of your Discount or other fees or payments for Charges or Credits within ninety (90) days of the date of the applicable statement or other reconciliation data received from us containing such claimed error or omission, or we will consider the relevant reconciliation data to be conclusively settled as complete and correct in respect of such amounts. 7.4. If In respect of queries in connection with Charges on Cards issued in the European Economic Area we determine at any time that we have paid you may, in errorexceptional circumstances, we may deduct such amounts from future payments due consider a query raised up to you, debit your Account (if you have signed a Direct Debit mandate) or invoice you for such amounts. If you receive any payment from us not owed to you under this Agreement, you must immediately notify us (by calling our telephone service centre) and your Processor and return such payment to us promptly. Whether or not you notify us, we have the right to withhold future payments to you or debit your Account until we fully recover the amount. We have no obligation to pay any party other than you under this Agreement. 7.5. You must not xxxx or collect from any Cardmember for any purchase or payment made on the Card unless we have exercised Full Recourse for such Charge, you have fully paid us for such Charge, and you otherwise have the right to pursue the Cardmember.thirteen

Payment for Charges. 7.1a. We will pay you for Charges in accordance with this Agreement. You will receive payment according to your payment plan in local currency Local Currency for the face amount of Charges submitted from your Establishments in the Country where you are presentUnited Kingdom, “less”: : (i) the any Discount; ; (ii) any other fees or amounts you owe us or our Affiliates under any agreement or arrangement; ; (iii) any amounts for which we have Full RecourseChargeback rights; and and (iv) the full amount of any Credits you submit. Our standard Your default payment plan is five (5) banking days Business Days from receipt by us of all relevant Charge dataData, although alternative payment plans are available upon requestavailable. You shall not be entitled to receive payment for or on behalf of any third party. 7.2b. WE WILL MAKE AVAILABLE INFORMATION ABOUT YOUR CHARGES AND CREDITS, INCLUDING THE DISCOUNT AND ANY OTHER FEES OR AMOUNTS PAID, ON NO LESS THAN A MONTHLY BASIS. We may charge a fee for any rejected direct debits or direct credits or late paymentYOU AGREE THAT WE MAY PROVIDE YOU WITH THE INFORMATION IN SECTION 5.A.(i) AND (ii), ON AN AGGREGATED BASIS. The level of such fee will be notified to you in advanceALTHOUGH AMERICAN EXPRESS DOES NOT HAVE FEES PAYABLE BETWEEN ACQUIRERS AND ISSUERS, WHERE A TRANSACTION IS REGULATED PURSUANT TO THE INTERCHANGE FEE REGULATIONS, THE AMERICAN EXPRESS NETWORK WILL NOT PAY NET COMPENSATION TO THE CARD ISSUER OF MORE THAN 0.3% FOR CREDIT AND CHARGE CARDS OR 0.2% FOR DEBIT AND PREPAID CARDS. TERMS AND CONDITIONS FOR AMERICAN EXPRESS® CARD ACCEPTANCE THE INFORMATION REFERRED TO IN SECTION 5.B ABOVE WILL BE MADE AVAILABLE TO YOU ONLINE. YOU CAN ACCESS THIS INFORMATION THROUGH YOUR ONLINE MERCHANT ACCOUNT AT XXX.XXXXXXXXXXXXXXX.XX.XX/XXXXXXXX. 7.3. c. You must notify us in writing of any error or omission in respect of your Discount or other fees or payments for Charges or Credits within ninety (90) days of the date of the applicable statement or other reconciliation data received from provided or made available by us containing such claimed error or omission, or we will consider the relevant reconciliation data to be conclusively settled as complete and correct in respect of such amounts. 7.4. d. If we determine at any time that we have paid made any payments to you in error, we may deduct such amounts from future payments due to you, debit your Account (if you have signed a Direct Debit direct debit mandate) or invoice you for such amounts. If you receive any payment from us not owed to you under this Agreement, you must immediately notify us (by calling our telephone service centre) and your Processor (if you have one) and return such payment to us promptly. Whether or not you notify us, we have the right to withhold future payments to you or debit your Account until we fully recover the amountamount of the erroneous payment. We have no obligation to pay any party other than you under this Agreement. 7.5. You e. When you accept the Card as payment for your goods or services, you must not xxxx present an additional bill or otherwise seek to collect payment from any Cardmember for any the purchase or payment made on the Card unless we have exercised Full Recourse our Chargeback rights for such Charge, you have fully reimbursed to us any sums we have paid us to you for such Charge, and you otherwise have the right to pursue the Cardmember.

Payment for Charges. 7.1a. We will pay you for Charges in accordance with this Agreement. You will receive payment according to your payment plan in local currency for the face amount of Charges submitted from your Establishments in the Country where you are present, “less”: to (i) the any Discount; ; (ii) any other fees or amounts you owe us or our Affiliates under any agreement or arrangement; ; (iii) any amounts for which we have Full RecourseChargeback rights; and and (iv) the full amount of any Credits you submit. Our standard Your payment plan is five (5) banking days from set out in your application form and may be amended only upon agreement with us. The timeframe for payment starts upon receipt by us of all relevant Charge data, although alternative payment plans are available upon requestData. You shall not be entitled to receive payment for or on behalf of any third party. 7.2b. We will make available information about your Charges and Credits, including the Discount and any other fees or amounts paid, on no less than a monthly basis. We You agree that we may charge a fee for any rejected direct debits or direct credits or late payment. provide you with the information c. The level of such fee information referred to in Section 5.b above will be notified made available to you in advanceonline. You can access this information through your online merchant account (xxx.xxxxxxxxxxxxxxx.xxx/xxxxxxxx). 7.3. d. You must notify us in writing of any error or omission in respect of your Discount or other fees or payments for Charges or Credits within ninety (90) days of the date of the applicable statement or other reconciliation data received from us containing such claimed error or omission, or we will consider the relevant reconciliation data to be conclusively settled as complete and correct in respect of such amounts.or 7.4. e. If we determine at any time that we have paid made any payments to you in error, we may deduct such amounts from future payments due to you, debit your Account (if you have signed a Direct Debit direct debit mandate) or invoice you for such amounts. If you receive any payment from us not owed to you under this Agreement, you must immediately notify us (by calling our telephone service centre) and your Processor and return such payment f. When you accept the Card as payment to us promptly. Whether for your goods or not services, you notify us, we have the right to withhold future payments to you or debit your Account until we fully recover the amount. We have no obligation to pay any party other than you under this Agreement. 7.5. You must not xxxx present an additional bill or otherwise seek to collect payment from any Cardmember for any purchase or payment made on the Card unless we have exercised Full Recourse for such Charge, you have fully paid us for such Charge, and you otherwise have the right to pursue the Cardmember.any

Payment for Charges. 7.1a. We may choose to offer you either net settlement or gross settlement. The settlement method is indicated on your application form and, except as set out below, can only be varied upon the written agreement of the parties. Where we offer you net settlement, we will pay you for Charges in accordance with this Agreement. You will receive payment according to your payment plan in Local Currency for the face amount of Charges submitted from your Establishments in the United Kingdom, less: (i) any Discount; (ii) any other fees or amounts you owe us or our Affiliates under any agreement or arrangement; (iii) any amounts for which we have Chargeback rights; and (iv) the full amount of any Credits you submit. Where we offer you gross settlement, we will pay you for Charges in accordance with this Agreement. You will receive payment according to your payment plan in local currency for the face amount of Charges submitted from your Establishments in the Country where United Kingdom. We will invoice you are presentmonthly, “less”: in arrears, for: (i) the Discount; ; (ii) any amounts for which we have Chargeback rights; (iii) any other fees or amounts you owe us or our Affiliates under any agreement or arrangement; (iii) any amounts for which we have Full Recourse; and and (iv) the full amount of any Credits that you submit. Our standard Invoices will be payable by you within ten (10) days. We shall take payment from you automatically by Direct Debit ten (10) days from the date of the invoice. In the event that a direct debit is not successful, you shall immediately arrange payment to us and we may, in our sole discretion, apply net settlement to your future Charges. Your payment plan is five (5) banking days from as set out in your application form and may be amended only upon agreement with us. The timeframe for payment starts upon receipt by us of all relevant Charge data, although alternative payment plans are available upon requestData. You shall not be entitled to receive payment for or on behalf of any third party. 7.2b. WE WILL MAKE AVAILABLE INFORMATION ABOUT YOUR CHARGES AND CREDITS, INCLUDING THE DISCOUNT AND ANY OTHER FEES OR AMOUNTS PAID, ON NO LESS THAN A MONTHLY BASIS. We may charge YOU AGREE THAT WE MAY PROVIDE YOU WITH THE INFORMATION IN SECTION 5.A, ON AN AGGREGATED BASIS. Although American Express does not have fees payable between acquirers and issuers, where a fee for any rejected direct debits or direct credits or late payment. transaction is regulated pursuant to Regulation (EU) 2015/751, the American Express c. The level of such fee information referred to in Section 5.b above will be notified made available to you in advanceonline. You can access this information through your online merchant account provided by Service Provider or through any other method provided by Service Provider. 7.3. d. You must notify us in writing of any error or omission in respect of your Discount or other fees or payments for Charges or Credits within ninety (90) days of the date of the applicable statement or other reconciliation data received from us containing such claimed error or omission, or we will consider the relevant reconciliation data to be conclusively settled as complete and correct in respect of such amounts. 7.4. If In respect of queries in connection with Charges on Cards issued in the European Economic Area we determine at any time that we have paid you may, in errorexceptional circumstances, we may deduct such amounts from future payments due consider a query raised up to you, debit your Account (if you have signed a Direct Debit mandate) or invoice you for such amounts. If you receive any payment from us not owed to you under this Agreement, you must immediately notify us (by calling our telephone service centre) and your Processor and return such payment to us promptly. Whether or not you notify us, we have the right to withhold future payments to you or debit your Account until we fully recover the amount. We have no obligation to pay any party other than you under this Agreement. 7.5. You must not xxxx or collect from any Cardmember for any purchase or payment made on the Card unless we have exercised Full Recourse for such Charge, you have fully paid us for such Charge, and you otherwise have the right to pursue the Cardmember.thirteen

Payment for Charges. 7.1. You will receive payment according to your payment plan in local currency for the face amount of Charges submitted from your Establishments in the Country where you are present, “less”: (i) the Discount; (ii) any other fees or amounts you owe us or our Affiliates under any agreement or arrangement; (iii) any taxes or duties [such as Value Added Tax (VAT) or any other taxes] we are or become liable to pay in respect of any supplies made to you; (iv) any amounts for which we have Full Recourse; and (ivv) the full amount of any Credits you submit. Our standard payment plan is five (5) banking days from receipt by us of all relevant Charge data, although alternative payment plans are available upon request. You shall not be entitled to receive payment for or on behalf of any third party. 7.2. We may charge a fee for any rejected direct debits or direct credits or late payment. The level of such fee will be notified to you in advance. 7.3. You must notify us in writing of any error or omission in respect of your Discount or other fees or payments for Charges or Credits within ninety (90) days of the date of the statement or other reconciliation data received from us containing such claimed error or omission, or we will consider the relevant reconciliation data to be conclusively settled as complete and correct in respect of such amounts. 7.4. If we determine at any time that we have paid you in error, we may deduct such amounts from future payments due to you, debit your Account (if you have signed a Direct Debit mandate) or invoice you for such amounts. If you receive any payment from us not owed to you under this Agreement, you must immediately notify us (by calling our telephone service centre) and your Processor and return such payment to us promptly. Whether or not you notify us, we have the right to withhold future payments to you or debit your Account until we fully recover the amount. We have no obligation to pay any party other than you under this Agreement. 7.5. You must not xxxx or collect from any Cardmember for any purchase or payment made on the Card unless we have exercised Full Recourse for such Charge, you have fully paid us for such Charge, and you otherwise have the right to pursue the Cardmember.