Common use of Payment for Losses Clause in Contracts

Payment for Losses. If an ATM Manager or Carrier is required, pursuant to an investigation, to compensate Elan for Losses, ATM Manager or Carrier, as applicable, will pay the Losses by check or ACH made payable to Elan within fourteen (14) days of conclusion of the investigation into the matter.

Payment for Losses. If an ATM Manager or Carrier is required, pursuant to an investigation, to compensate Elan for Losses, ATM Manager or Carrier, as applicable, will pay the Losses including its associated share of any third party investigation costs, by check or ACH made payable to Elan within fourteen thirty (1430) days of conclusion of the investigation into the mattermatter determining that ATM Manager is responsible for such Loss. Carrier will pay Losses to Elan in accordance with the separate agreement for the provision of ATM services including Currency transport.