PAYMENT METHODS FOR SALES Sample Clauses

PAYMENT METHODS FOR SALES. (a) Subject to the terms and conditions outlined in Schedule 6.3 (the "Credit Card Conditions"), Licensee shall accept any Sears Card, Sears Master Card and Sears Premier Card (each a "Sears Credit Card") issued by Sears National Bank ("Bank") for payment for Sales transactions (the "Authorized Sales") from holders of a Sears Credit Card (each a "Cardholder"). Credit Sales Data (defined in Schedule 6.3) for all Sears Credit Card transactions shall be submitted to Sears for settlement. Sears shall cause Bank to process such transactions as if Sears itself had engaged in such transactions. Subject to all of the terms and conditions of this Agreement, including Sears' rights under Section 6.7, Sears shall pay all sums due Licensee on each Authorized Sale made by Licensee to a Cardholder that is charged to a Sears Credit Card account (a "Sears Card Sale"). Payment to, or settlement with, Sears by Bank for each Sears Card Sale shall be deemed to be settlement by Bank with Licensee, and Bank shall have no payment or other obligation whatsoever to Licensee, whose sole recourse shall be to Sears. All losses sustained by Sears as a result of on-payment on a Sears Credit Card account shall be borne by Sears, provided that Licensee has complied with the Credit Card Conditions. Except for non-payment on a Sears Credit Card account, Sears shall have no liability whatsoever to Licensee for Sears' failure to properly accept or reject a Cardholder's charge. (b) Licensee also shall accept Third Party credit cards that are issued by a reputable bank and generally recognized by merchants (i.e. visa, mastercard, etc.) and obtain Sears' approval for any private labeled Third Party credit cards (collectively, "Third Party Credit Cards") in payment for the Authorized Sales. Licensee and any Third Party engaged by Licensee to clear any Third Party Credit Card charges shall comply fully with all applicable Sears policies, including those relating to data security, privacy and customer information and with all provisions of federal and state laws governing credit sales, and their solicitation, including provisions dealing with disclosures to customers and finance charges. As between the parties to this Agreement, all risk of non-payment on any Third Party Credit Card shall be borne by Licensee. Licensee shall be responsible for payment of the applicable discount fee or merchant's fee on all Third Party Credit Card transactions. Licensee shall not advertise, or solicit any customer ...
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Related to PAYMENT METHODS FOR SALES

  • Payment Methods A. Except as otherwise provided by this Contract, the payment method will be one or more of the following:

  • Payment Methodology The Contractor shall be compensated based on the Service Rates in Attachment for units of service authorized by the Institution in a total amount not to exceed the Contract Maximum Liability established in Section C. 1. The Contractor’s compensation shall be contingent upon the satisfactory completion of units of service or project milestones identified in Attachment B. The Contractor shall submit invoices, in form and substance acceptable to the Institution with all of the necessary supporting documentation, prior to any payment. Such invoices shall be submitted for completed units of service or project milestones for the amount stipulated.

  • Procurement Method Quality-Based Selection (b) Selection under a Fixed Budget

  • Payment Method Payment shall be made by the Contractor to the Subcontractor as follows: (choose one) ☐ - Immediately upon completion of the Services to the satisfaction of the Contractor. ☐ - Within ____ business days after completion of the Services to the satisfaction of the Contractor. ☐ - Shall be paid on a ☐ weekly ☐ monthly ☐ quarterly ☐ other ______________________ basis. If the Subcontractor completes the Services to the satisfaction of the Contractor, before the full amount or balance has been fully paid, any remaining amount shall be payable immediately. ☐ - Other: ________________________________________________________

  • Measurement method An isolation resistance test instrument is connected between the live parts and the electrical chassis. The isolation resistance is subsequently measured by applying a DC voltage at least half of the working voltage of the high voltage bus. If the system has several voltage ranges (e.g. because of boost converter) in conductively connected circuit and some of the components cannot withstand the working voltage of the entire circuit, the isolation resistance between those components and the electrical chassis can be measured separately by applying at least half of their own working voltage with those components disconnected.

  • Payment Methods and Amounts There are limits on the amount of money you can send or receive through our Service. Your limits may be adjusted from time-to-time in our sole discretion. For certain Services, you may have the ability to log in to the Site to view your individual transaction limits. We or our Service Provider also reserve the right to select the method in which to remit funds on your behalf though the Service, and in the event that your Eligible Transaction Account is closed or otherwise unavailable to us the method to return funds to you. These payment methods may include, but may not be limited to, an electronic debit, a paper check drawn on the account of our Service Provider, or draft check drawn against your account.

  • Settlement Method For any Option, Net Share Settlement; provided that if the Relevant Settlement Method set forth below for such Option is not Net Share Settlement, then the Settlement Method for such Option shall be such Relevant Settlement Method, but only if Counterparty shall have notified Dealer of the Relevant Settlement Method in the Notice of Final Settlement Method for such Option.

  • Payment for Services Contractor shall exert reasonable and diligent efforts to collect prompt payment from the Commonwealth. Contractor shall pay Subcontractor in proportion to amounts received from the Commonwealth which are attributable to the Services performed by Subcontractor. Contractor shall pay Subcontractor within fourteen (14) days after the Contractor receives such payment from the Commonwealth, unless the parties expressly agree upon a different payment schedule or structure as set forth below: ______________________________________________________________________________________________________________________________________________________________________________________________________________________________________.

  • Payments for Shares The Custodian shall receive from the distributor for the Fund's Shares or from the Transfer Agent of the Fund and deposit into the Fund's account such payments as are received for Shares of the Fund issued or sold from time to time by the Fund. The Custodian will provide timely notification to the Fund and the Transfer Agent of any receipt by it of payments for Shares of the Fund.

  • Charges for Services In consideration for the Services, Client agrees to pay to Consultant the sum of Two Hundred Thousand (200,000) shares of the common stock of Client, which shall be issued to Consultant as soon as practical following execution hereof, free and clear of all liens, encumbrances and restrictions as provided in Section 4 hereof.

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