Payment Remittance. In the event that, notwithstanding the foregoing, any payment or distribution of assets of the Company, or any payment by or on behalf of the Company, of any kind or character, whether in cash, property or securities or by set-off or otherwise, prohibited by any of the foregoing paragraphs (a) or (b) shall be paid to or received by any holder of Subordinated Indebtedness, then and in such event such payment or distribution shall be held in trust for the benefit of the Senior Creditors and paid over and delivered forthwith to the Agent, for application to the payment of all Senior Indebtedness remaining unpaid until all such Senior Indebtedness shall have been paid in full in cash.
Payment Remittance. The cut-off time for Payment Instructions is provided within the Xxxx Pay Service. Payment Instructions received after the cut-off time on a Business Day or on a non-Business Day will be processed the next Business Day.
Payment Remittance. Subject to the terms and conditions of this Agreement, each Monthly Services Payment to be made by the Foundation under this Agreement shall be due and payable by the Foundation within thirty (30) days of the date of the receipt by the Foundation of the invoice issued by Evotec in accordance with Section 8(e)(i) of this Agreement in respect of such Monthly Services Payment.
Payment Remittance. All payments should be remitted with a copy of the invoice to the following address:
Payment Remittance. The cut-off time for Payment Instructions is provided within the Bill Pay Service. Payment Instructions received after the cut-off time on a Business Day or on a non-Business Day will be processed the next Business Day.
Payment Remittance. The Contractholder shall remit payment to the Company no later than the 10th calendar day following the month for which Contract coverage is provided.
Payment Remittance. Customer payment options include checks, credit and debit cards, money orders, and electronic bank drafts. Cash payments are also accepted in the business office located in Noel, Missouri. Most Liberty Utilities customers make their bill payments by check, although electronic bank drafts and credit and debit cards are also very popular. A Jackson, Missouri, office mailing address included on the billing statements is used for payment remittance. Customers may access the Company’s website to make payments from their checking account or with a credit or debit card. The website also provides options for customers to set up paperless billing or make automatic payments from a checking or savings account. A payment table is provided to inform customers of the time they must allow for payments to be processed. The payment table states that a credit card payment made by telephone requires two business days to process although Company personnel informed the CXD Staff they do not accept telephone payments. Company personnel assert that bill payments are processed and recorded on the day they are received and bank deposits are made daily. Customers requesting water or sewer service are required to complete a written application. Residential customers who do not meet the Company’s credit criteria must pay a deposit as a condition for providing service. Deposit amounts range from $25.00 - $55.00 depending on the amount authorized in the Company’s Commission-approved tariff. Company personnel represent that deposits are collected from new customers unless they enroll for automatic payment of their monthly water or sewer bill or unless they provide a satisfactory credit reference letter. These credit criteria are not consistent with credit criteria that are provided in Company tariffs and the Company’s Missouri Responsibilities and Rights brochure. These documents include four credit criteria provided in Commission Rule 4 CSR 240-13.030 whereby customers may avoid paying a security deposit. Company management indicated that 149 deposits were collected in 2016 and 154 deposits were received in 2017. Liberty Utilities personnel indicate that deposits are refunded with the interest authorized in the applicable tariff after 12 months of satisfactory payment history or when customers move. Company personnel assert there were 13 returned checks in 2016 and 11 returned checks in 2016. The Company’s current tariff provisions for returned check fees range from $20.00 to $25.00. L...
Payment Remittance. CheckFree agrees to execute the delivery of all payments as instructed by the User unless one or more of the following conditions occurs: (1) erroneous or incomplete information is provided by the User; (2) insufficient funds are available in the Account; (3) a Payee cannot or will not accept a payment delivered by CheckFree; or, (4) the User does not follow CheckFree’s operating instructions. CheckFree will determine the method of payment for delivery of User payments. These methods include, but are not limited to, the following: the Automated Clearing House Network; MasterCard International’s Remittance Processing System; direct Payee transfer; paper checks drawn on a corporate account of the Service; or, paper drafts drawn on the Accounts. CheckFree may issue a paper draft drawn on the Account if one or more of the following conditions applies: (1) CheckFree is not allowed to secure funds from the Account prior to payment remittance to the Payee; (2) the Payee is unable to receive electronic payments; (3) the Payee has not agreed to accept reversal transactions from CheckFree; or, (4) the dollar amount of the payment exceeds the User’s risk parameters. It is understood and agreed that CheckFree will conduct standard credit screening. Generally, the credit screen will be a review of the User’s credit history (a soft inquiry), which does not affect the CheckFree Services Corporation Law Department - 13 - 08-Sep-2004 User’s credit rating, nor does the fact a soft inquiry has been made appear on the User’s credit report that may be obtained by another institution for credit decision purposes. CheckFree agrees to use the results of such soft inquiry only to set risk parameters in determining the method of payment for delivery of the User’s payments. If CheckFree is not allowed to secure funds from Accounts prior to payment remittance to Payees, CheckFree reserves the right to set risk parameters on all Accounts. CheckFree also reserves the right to access a User’s credit report in such a way that an inquiry for credit (a hard inquiry) may result. This type of inquiry may affect a User’s credit rating and will appear on the User’s credit report regardless of the entity that requests the report. CheckFree may request a credit report that results in a hard inquiry in the following circumstances: (1) a fraud investigation; or, (2) to solve Payee setup issues. CheckFree shall comply with the Fair Credit Reporting Act and any other applicable laws and regulations.
Payment Remittance. Any applicable fee's and fines will be deducted from the invoice, and you will receive remittance email confirming the payments within the agreed period.
Payment Remittance. Subject to the terms and conditions of this Agreement, each payment to be made by the Foundation under this Agreement shall be due and payable by the Foundation within 30 days of the date of the receipt by the Foundation of the invoice issued by the Company in accordance with this Agreement in respect of such payment. All payments made by the Foundation under this Agreement shall be paid by check in US Dollars and remitted to the Company at the address set forth in Section 18 of this Agreement. Any payment made by the Foundation under this Agreement in respect of an invoice issued by the Company under this Agreement using a currency other than US Dollars shall be converted by the Foundation to US Dollars at the exchange rate prevailing on or about the date that the Foundation remits such payment to the Company. [If the Foundation fails to pay any amount due under this Agreement in full by the due date for the payment of such amount, then the Company may, without prejudice to any other right or remedy available to it, charge interest on such overdue amount on a daily basis at a rate equivalent to 8% per annum by providing written notice to the Foundation to such effect within a reasonable
