PAYMENT TERMS AND PROCESS Clause Samples
PAYMENT TERMS AND PROCESS. Rebate Process – if the above Rebate Process has been selected by the jurisdiction, IBTS will utilize its existing credit card processing system, which includes acceptance of e-payments, to receive all fees associated with services provided to Jurisdictions. IBTS will collect payment of fees from the applicant for appropriate services and will retain certain fees for its services and report activity to the League and the jurisdiction. IBTS agrees to pay all credit card and other banking or financing fees required in the transaction of, use of, maintenance, and other fees associated with the processing of transactions with a the credit card account. Invoice Process - Alternatively, if the jurisdiction elects the invoice process described above, the jurisdiction will utilize its existing credit card processing system, which must include acceptance of e- payments and other online payments, to receive all fees associated with services delivered to the jurisdiction. The jurisdiction will collect payment of fees from the applicant for appropriate services and will retain all permit fees for its services. IBTS will report activity to the League and the jurisdiction. The jurisdiction agrees to pay all credit card and other banking or financing fees required in the transaction of, use of, maintenance, and other fees associated with the processing of transactions with a the credit card account.
PAYMENT TERMS AND PROCESS. Rebate Process – if the above Rebate Process has been selected by the Jurisdiction, IBTS will utilize its existing credit card processing system, which includes acceptance of e-payments, to receive all fees associated with services provided to Jurisdictions. IBTS will collect payment of fees from the applicant for appropriate services and will retain certain fees for its services and report activity to MARC and the Jurisdiction. IBTS agrees to pay all credit card and other banking or financing fees required in the transaction of, use of, maintenance, and other fees associated with the processing of transactions with a the credit card account. Invoice Process - Alternatively, if the Jurisdiction elects the invoice process the Jurisdiction will collect payment of fees from the applicant.
PAYMENT TERMS AND PROCESS. Rebate Process – if the above Rebate Process has been selected by the Jurisdiction, IBTS will utilize its existing credit card processing system, which includes acceptance of e-payments, to receive all fees associated with services provided to Jurisdictions. IBTS will collect payment of fees from the Applicant for appropriate services and will retain certain fees for its services and report activity to the Jurisdiction. IBTS agrees to pay all credit card and other banking or financing fees required in the transaction of, use of, maintenance, and other fees associated with the processing of transactions with a credit card account. Permit Fees collected by IBTS will be rebated to the Jurisdiction to cover their expenses to administer the permit process. IBTS will make rebate payments to each Jurisdiction for permit fees collected during the permitting process. Within thirty (30) days, IBTS will rebate to the Jurisdiction all permit fees collected by IBTS; however, for Occupancy Certificates or where releases are necessary, such as with the connection of utilities, IBTS will provide the rebate within thirty (30) days following the completion of all inspections and the issuance of the permit or releases. Remittal Process - If the Jurisdiction elects the Remittal Process, the Jurisdiction will collect payment of fees from the Applicant and deliver to IBTS at the end of each week a report of the permitting activity along with payment of IBTS’s fee. A report describing all transactions will include the permit number, permit type, permit category and the date of the permit.