Payment Management Sample Clauses

Payment Management. You may manage available payment options using JetBrains Account Service.

Payment Management a. After the loan is disbursed, the lender has the right to periodically or randomly review and inspect whether the borrower’s use of the loan funds complies with the contract’s terms, and the borrower is obliged to fully cooperate. If the lender finds that the use of the loan funds does not conform to the contract’s terms, the lender has the right to request the borrower to rectify it within a specified time. If the borrower refuses to rectify, the lender has the right to demand early repayment of part or all of the loan. b. During the loan disbursement and payment process, if the borrower exhibits any of the following situations, the lender has the right to negotiate with the borrower to supplement the loan disbursement and payment conditions or, depending on the situation, unilaterally change the payment method or stop the disbursement and payment of loan funds: A. Failing to withdraw the loan funds according to the contract's terms; B. Failing to disburse the loan funds according to the contract's terms; C. Violating the contract by splitting payments to avoid the lender’s entrusted payment; D. Other non-compliance with the payment management provisions of this contract.

Payment Management. A. After the loan is issued, Party B has the right to regularly or irregularly review and check whether the use of loan funds by Party A conforms to the agreement in this Contract and relevant commercial contracts and other documents. Party A has the obligation to fully cooperate and provide timely records and materials of the use of loan funds according to Party B’s requirements, including but not limited to commercial contracts related to the payment of loan funds and other transaction vouchers and materials proving the use of funds. If Party B finds that the use of loan funds is inconsistent with relevant agreements after inspection, it has the right to ask Party A to make corrections within a time limit. If Party A refuses to make corrections, Party B has the right to handle it according to Article 13 of this Contract depending on the circumstances. Among them, if the “Borrow and Repay” model is adopted, Party A shall also provide Party B with proof of loan purpose such as invoices, transaction contracts, transaction records, or accounting vouchers within seven(7) days after each loan is issued; If the non “Borrow and Repay” mode is adopted, Party A shall provide proof of the loan purpose as requested by Party B at any time. B. If Party A pays independently under the non-“Borrow and Repay” mode, Party A shall provide Party B with business contracts related to loan fund payment and other transaction materials proving the use of funds as required by Party B, and summarize and report the payment of loan funds. Party B has the right to check whether the loan payment conforms to the agreed purpose and whether the payment matches the project progress through account analysis, voucher inspection and on-site investigation. C. During the loan issuance and payment under this Contract, Party B has the right to negotiate with Party A to supplement or change the loan issuance and payment conditions, or stop the loan fund issuance and payment by itself as appropriate in case of any of the following circumstances: a. Decline in credit status and weak profitability of main business; b. Failure to use loan funds as agreed in the contract; c. Violating the contract agreement and evading Party B’s entrusted payment by breaking it into smaller parts.

Payment Management. Party A and Party B agree to make the following management on payment of the loan money: If the method of payment upon authorization, Party B may demand Party A to pay the loan money when Party B meets the following conditions for payment: (1) Party B has submitted a repayment application and relevant supporting materials, including business contract according to Party A’s requirements, and the information about the transaction objects and payment amount, etc. listed in the payment application complies with that indicated in the supporting materials; (2) The payment application complies with the loan purpose specified in this Contract; (3) Party B authorizes Party A to pay the loam money to specified transaction objects; Party A shall have the right to check whether the information about the transaction objects and payment amount, etc. listed in the payment application provided by Party B complies with that indicated in relevant supporting materials, including business contract, and shall have the right to refuse the payment application which does not comply with the loan purpose specified in this Contract. If the method of payment by Party B himself is adopted, after payment of the loan, Party B shall give a written summary and notice to Party A to report the payment situation of the loan money by month, and provide the information about the transaction objects and payment amount, etc. and the relevant supporting materials including business contract according to Party A’s requirements. Party A shall have the right to check whether payment of the loan money complies with the agreed purpose through account analysis, examination of vouchers and site investigation, and Party B shall provide coordination.

Payment Management. (1) After the drawing of loan, Party B shall have the right to check whether the use of loan funds by Party A is in accordance with the agreement in this Contract through periodical or non-periodical inspection and monitoring, and Party A has obligations to be fully cooperated. In case that the use of loan funds is not in accordance with the agreement in this Contract with the inspection, Party B shall have the right to require Party A to correct within a time limit. If Party A refuses to correct, Party B shall have the right to regard the plot to settle in accordance with 13.4 and 13.7 in this Contract. (2) In case of the direct payment by Party A, Party A shall submit to Party B the business contract related with the payment of loan funds corresponding to the last quarter and other business documents for the evidence of loan funds, and give a report of the payment of loan funds no later than the 10th day of the next month in each quarter. Party B shall have the right to check whether the payment of loan is in accordance with the purpose as specified in this Contract and whether the payment for program keeps pace with the program via making account analysis, voucher verification, on-site investigation and other methods. (3) During the drawing and payment of loan under this Contract, Party B shall have the right to negotiate with Party A to add conditions for drawing and payment of loan, or regard the plot to stop the drawing and payment of loan funds in following cases: ① Credit standing deteriorates, and business profitability becomes weak. ② The use of loan funds does not follow the purpose under this Contract. ③ Split the payment of loan into smaller amount to avoid entrusted payment as authorized by Bank in violation of this Contract.

Payment Management. Payments destined for the PayMode application will have the same payment management functionality described in Section B. For check payments, Customers may request Tech’s support group to have the print/mail supplier “pull” a check if it has not yet been mailed. For payments delivered to [**], Customers will need to use the [**] application to manage those payments.

Payment Management. The PayMode application will provide users with appropriate privileges with the ability to [**]. In addition, prior to the release of the settlement transactions to the payment systems, users will have the ability to [**]. Should an erroneous payment be detected by a Customer after the [**], Tech’s customer support unit will work with the Disburser to assist in retrieving the payment from the vendor to whom it was sent. The PayMode application will allow the user to search for payments via the user interface using a number of different parameters to filter the search. A list of payments matching the search criteria will be presented and the user will have [**]. If there is a return of an ACH debit or ACH credit related to a PayMode payment, Tech’s Customer Support team will research and resolve the return and will use the application’s Payment Management function to [**].

Payment Management. 2.2.1 Borrower has right to request Lender to wire the loan proceeds if: 2.2.1.1 Borrower has submitted required business transaction agreement loan withdrawal application with wiring party, wiring amount and other related information according to Lxxxxx’s demand; 2.2.1.2 The loan withdrawal will be used in accordance with the loan agreement; and 2.2.1.3 Borrower authorized Lender to make the payment to designed wiring party. Lender has the right to review if the information of wiring party, payment amount, etc. is consistent with the business transaction agreement and the Lender shall have right to refuse any loan withdrawal application that is not in compliance of this Agreement.

Payment Management. 4.1. In those cases in which a Task involves funding from one Party to the other, the funding Party will pay Task expenses, direct and indirect, in accordance with a Detailed Budget for the Task, which provides an estimate of the total costs of the Task for which Company is responsible. Payment will be made quarterly in advance unless provided otherwise in the Task Agreement. The funded Party will invoice the funding Party for amounts due.

Payment Management. 5.1 The Borrower agrees that the Lender has the right to make entrusted and autonomous payments, monitor and manage the payment of loan funds in the loan disbursement account,and supervise the use of loan funds for the purposes specified in this contract. 5.2 Entrusted payment, that is, the Borrower submitting a Payment Application and related documents to the Lender, after the Lender’s review, based on the Borrower’s payment application and payment commission, the Lender shall pay the corresponding amount to the transaction party that meets the purpose specified in the contract. The loan under this contract shall be paid in the form of entrusted payment by the Lender when any of the following conditions are met: (1) If the Borrower’s single payment of the loan amount exceeds 5% of the total project investment or 5 million RMB; (2) N/A. 5.3 Independent payment, that is, the Borrower submits the Payment Application Form to the Lender, and after the Lender’s review , the corresponding payment shall be transferred to the account opened by the Borrower according to the Borrower’s payment application, and the Borrower shall independently pay the payment to the transaction party for the purpose agreed in the contract. In the case of independent payment, the Borrower shall regularly report to the Borrower on the use of the loan as required by the Lender. If the parties otherwise agree to other supervision methods, the Borrower shall implement other supervision requirements of the Lender. 5.4 In the process of loan issuance and payment, the Borrower agrees that in the the following circumstances, the Lender shall have the right to request the Borrower for supplementary withdrawal conditions and payment conditions, or to stop the issuance and payment of the loan funds according to this contract: (1) Declining in credit status; (2) Failing to pay the loan funds as agreed in the contract ; (3) The project progress lags behind the use progress of the loan; (4) Violation of the contract and avoid the entrusted payment of the Lender by breaking it into parts.