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Payment Hold Sample Clauses

Payment Hold a. You agree that if either: i. you receive a payment that involves Transaction Risk; or ii. there may be a higher than acceptable level of risk or exposure associated with your Account (based on the information available to PayPal at the relevant time and what in its sole discretion it regards as an acceptable level of risk or exposure to PayPal under all the circumstances), PayPal may in its sole discretion (acting reasonably) place a hold on that or any payment. If PayPal places a hold on funds in your Account, we will notify you about it (including, without limitation, how long the hold may last) - the funds will be held in your Reserve Account and those funds will be shown as “pending” in your PayPal Balance. We may notify you about the hold through authorised third parties (such as partner platforms on which you transact). b. PayPal will release the hold made on your payment under this provision when PayPal determines that the Transaction Risk; or risk or exposure associated with your Account, no longer exists. Please note that, notwithstanding the above, if you receive a Dispute, Claim, Chargeback, or Reversal on the transaction payment subject to the hold, the funds (or an amount equal to the relevant payment) may be held in your Reserve Account until the matter is resolved pursuant to this Agreement. c. You agree to provide to PayPal any information as PayPal may reasonably request to allow PayPal to determine whether the Transaction Risk or risk or exposure to your Account has passed. You may close your Account if you object to the hold under this provision. If your Account is closed for any reason, PayPal has the right to hold a payment under this provision for a period of up to 180 days from the date the complete obligations under the contract for sale (to which the payment in question relates) have been discharged.
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Payment Hold. ‌ PCORI reserves the right to withhold payments on a Contract at any time, in cases where the Recipient is non-compliant or in breach of this Contract. Such cases include, but are not limited to failure to submit proper documentation or reports by the appropriate due date, submission of unsatisfactory reports, failure to meet approved milestones, or failure to submit appropriate and updated IRB approvals, as determined at PCORI’s reasonable discretion. Payments will be reinstated when all outstanding documentation and/or reports have been approved by PCORI and/or all required corrective measures have been taken and documented.
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Payment Hold. 26.1. You agree that if either: 26.1.1. You process a transaction that involves Transaction Risk; or 26.1.2. there may be a higher than acceptable level of risk or exposure associated with your E-Wallet (based on the information available to SendSpend at the relevant time and what in its sole discretion it regards as an acceptable level of risk or exposure to SendSpend, its customers and/or its service providers under all the circumstances). SendSpend may in its sole discretion (acting reasonably) place a hold on that or any transaction. If SendSpend places a hold on funds in your E-Wallet, we will notify you about it, including, without limitation, how long the hold may last. 26.2. SendSpend will release the hold made on your transaction under this provision when SendSpend determines that the Transaction Risk or risk or exposure associated with your E-Wallet no longer exists. 26.3. You agree to provide to SendSpend any information as SendSpend may reasonably request to allow SendSpend to determine whether the Transaction Risk or risk or exposure to your E-Wallet has passed. You may close your E-Wallet if you object to the hold under this provision. If your E-Wallet is closed for any reason, SendSpend has the right to hold a payment under this provision for a period of up to 180 days.
Sample 1
Payment Hold. PCORI reserves the right to withhold payments on this Agreement, including any Project Statement, at any time, in cases where Recipient is noncompliant or in breach of this Agreement, including any Project Statement. Such cases include, but are not limited to, failure to submit proper documentation or reports by the appropriate due date, submission of unsatisfactory reports, failure to meet approved milestones, or failure to submit appropriate and updated IRB approvals, as determined at PCORI’s reasonable discretion. Payments may be reinstated when all outstanding documentation and/or reports have been approved by PCORI and/or all required corrective measures have been taken and documented to PCORI’s satisfaction.
Sample 1

Related to Payment Hold

  • Payment Account (a) On or prior to the Closing Date, the Property Trustee shall establish the Payment Account. The Property Trustee and any agent of the Property Trustee shall have exclusive control and sole right of withdrawal with respect to the Payment Account for the purpose of making deposits in and withdrawals from the Payment Account in accordance with this Trust Agreement. All monies and other property deposited or held from time to time in the Payment Account shall be held by the Property Trustee in the Payment Account for the exclusive benefit of the Securityholders and for distribution as herein provided, including (and subject to) any priority of payments provided for herein. (b) The Property Trustee shall deposit in the Payment Account, promptly upon receipt, all payments of principal of or interest on, and any other payments or proceeds with respect to, the Debentures. Amounts held in the Payment Account shall not be invested by the Property Trustee pending distribution thereof.

  • Entitlement to payment (i) An Employee shall be entitled to payment by the Employer for Ordinary Time Earnings lost through Inclement Weather for up to 32 hours in every calendar month. For the purpose of this sub- clause the following conditions shall apply: (A) an Employee shall be credited with 32 hours at the commencement of each calendar month. (B) the number of hours at the credit of any Employee at any time shall not exceed 32 hours. (C) if an Employee commences employment during a calendar month the Employee shall be credited 32 hours where the employee commences on any working day within the first week; 24 hours where the employee commences on any working day within the second week; 16 hours where the Employee commences on any working day within the third week; and 8 hours where the Employee commences on any working day within the fourth week. (D) no Employee shall be entitled to receive more than 32 hours Inclement Weather payment in any calendar month. (E) the number of hours credited to any Employee under this clause shall be reduced by the number of hours for which payment is made in respect of lost time through Inclement Weather. (F) payment under this clause shall be weekly. (ii) Provided further and subject to clause 32.3(g)(i)(C), an Employee working on a part time weekly basis shall be entitled to payment on a pro-rata basis according to the number of ordinary hours agreed to be worked in the calendar month. The method of calculation of a part-time daily hire Employee’s proportionate entitlement shall be as follows:

  • Payment Amount Payment for the Services shall be as follows: (choose one) ☐ - $______________________ for the Services (“Payment”). ☐ - At an hourly rate of $____ per hour (“Payment”). ☐ - Other. ______________________________________________ (“Payment”) If the Subcontractor asserts a claim which involves, in whole or in part, acts or omissions which are the responsibility of the Client or another person for whom a claim may be submitted, including but not limited to, claims for failure to pay, an extension of time, impacts, delay damages, or extra work, the Contractor shall present the Subcontractor's claim to the Client or other responsible party provided the Subcontractor presents to Contractor competent supporting evidence and in sufficient time for the Contractor to do so. The Subcontractor shall cooperate fully with the Contractor in any and all steps the Contractor takes in connection with prosecuting such a claim and shall hold harmless and reimburse the Contractor for all expenses, including legal expenses, incurred by the Contractor which arise out of the Contractor's submission of the Subcontractor's claims to the Client or other responsible party(ies). The Subcontractor shall be bound by any adjudication or award in any action or proceeding resolving such a claim.

  • Installment Payments Notwithstanding Section 3.01, the Executive may elect by written notice to receive any payments due to him hereunder by way of periodic or installment payments.

  • Agreement to Purchase Purchase Price a. Upon the terms and subject to the conditions of this Agreement, on the Purchase Date (as defined below) the Company will issue and sell to Purchaser, and Purchaser agrees to purchase from the Company, ________ (------) shares of the Company's Common Stock (the "Shares") at a purchase price of _______ ($_____) per Share, for a total purchase price of _______________ ($_______). The term "Shares" refers to the purchased Shares and all securities received in replacement of or in connection with the Shares pursuant to stock dividends or splits, all securities received in replacement of the Shares in a recapitalization, merger, reorganization, exchange or the like, and all new, substituted or additional securities or other properties to which Purchaser is entitled by reason of Purchaser's ownership of the Shares.

  • Purchase Not for Distribution Any Option Shares or other securities acquired by Grantee upon exercise of the Option will not be transferred or otherwise disposed of except in a transaction registered, or exempt from registration, under the Securities Act.

  • Payment Fund “Payment Fund” is defined in Section 2.6(a) of the Agreement.

  • Reasonable Purchase Price The consideration received by the Seller upon the sale of the Mortgage Loans under this Agreement constitutes fair consideration and reasonably equivalent value for the Mortgage Loans.

  • Ownership Interest, Etc The Seller shall (and shall cause the Servicer to), at its expense, take all action necessary or desirable to establish and maintain a valid and enforceable undivided percentage ownership or security interest, to the extent of the Purchased Interest, in the Pool Receivables, the Related Security and Collections with respect thereto, and a first priority perfected security interest in the Pool Assets, in each case free and clear of any Adverse Claim, in favor of the Administrator (for the benefit of the Purchasers), including taking such action to perfect, protect or more fully evidence the interest of the Administrator (for the benefit of the Purchasers) as the Administrator, may reasonably request.

  • Payment of Receivables Purchase Price In consideration of the sale of the Receivables from the Seller to the Purchaser as provided in Section 2.1, on the Closing Date the Purchaser shall have paid to the Seller the Receivables Purchase Price.

Most Referenced Clauses

Most Referenced Definitions