Common use of Payment to Third Parties Clause in Contracts

Payment to Third Parties. We may transfer client money to another person, such as another intermediary, in this or in another jurisdiction for the purpose of effecting a transaction through that person. Premium Rebate We will refund any rebate that becomes due to Consumers within five business days of receiving it or having been notified by the insurer that it is due to You. Any rebate due to you will be paid in full and any charges will not be deducted without your prior written agreement in each case. Where the premium rebate is €10 or less we will offer you the choice of (a) receiving the premium rebate (b) receiving a reduction from a renewal premium or other premium currently due to us or (c) making a donation of the rebate amount to a registered charity.

Appears in 3 contracts

Samples: Terms of Business Agreement, Terms of Business Agreement, www.larkmusic.com

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Payment to Third Parties. We may transfer client money to another person, such as another intermediary, in this or in another jurisdiction for the purpose of effecting a transaction through that person. Premium Rebate We will refund any rebate that becomes due to Consumers within five 5 business days of receiving it or having been notified by the insurer that it is due to You. Any rebate due to you will be paid in full and any charges will not be deducted without your prior written agreement in each case. Where the premium rebate is €10 or less we will offer you the choice of (a) receiving the premium rebate (b) receiving a reduction from a renewal premium or other premium currently due to us or (c) making a donation of the rebate amount to a registered charity.

Appears in 1 contract

Samples: Terms of Business

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