Common use of Payment for Charges Clause in Contracts

Payment for Charges. We will pay you, through our agent, according to your payment plan in U.S. dollars for the face amount of Charges submitted from your Establishments less all applicable deductions, rejections, and withholdings, which include: (i) the Discount, (ii) any amounts you owe us or our Affiliates, (iii) any amounts for which we have Chargebacks and (iv) any Credits you submit. Your initial Discount is indicated in the Agreement or otherwise provided to you in writing by us. In addition to your Discount we may charge you additional fees and assessments, as listed in the Merchant Regulations. We may adjust any of these amounts and may change any other amount we charge you for accepting the Card.

Appears in 5 contracts

Samples: American Express Card Acceptance Agreement, Merchant Processing Agreement, Merchant Processing Agreement

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Payment for Charges. We will pay you, through our agent, you according to your payment plan in U.S. dollars for the face amount of Charges submitted from your Establishments less all applicable deductions, rejections, and withholdings, which include: (i) the Discount, (ii) any amounts you owe us or our Affiliates, (iii) any amounts for which we have Chargebacks Chargebacks, and (iv) any Credits amounts for which you submithave submitted Credits. Your initial Discount is and payment plan are indicated in the Agreement or otherwise provided to you in writing by us. In addition to your Discount Discount, we may charge you additional fees and assessments, as listed in the Merchant RegulationsRegulations or as otherwise provided to you in writing by us. We may adjust any of these amounts and may change any other amount we charge you for accepting the CardCard and/or your payment plan.

Appears in 1 contract

Samples: American Express Card Acceptance Agreement

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