Payments on Proof of Delivery Sample Clauses

Payments on Proof of Delivery. Subject to the provisions provisions of this Agreement, the Master Merchant agrees to pay the Sub Merchant the Customer Charge less:
Sample 1Sample 2
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Payments on Proof of Delivery. Subject to the other provisions hereof, Cashlesso shall endeavour to instruct the Nodal Bank to make payment of Customer Charge less the Transaction Discount Rate to the Merchant within 2 business Days upon receipt of the same from the Acquiring Bank. Merchant agrees that the payment of Customer Charge, less the Transaction Charges shall be made to the Merchant only upon actual receipt of Customer Charge by Nodal Bank and upon reconciliation of funds by Acquiring Bank, Cashlesso and the Nodal Bank. Provided, however that, the Transaction Charges may be revised periodically by Cashlesso, and Cashlesso will advise the Merchant of any such change as soon as practicable. The Merchant agrees that the Facility Providers and/or the Acquiring Banks reserve the rights to call for Dispatch Proof at any time and the Merchant agrees to comply with such requests forthwith. Dispatch Proof shall be maintained by the Merchant for a period of at least 18 months from the date of Delivery and shall be open to inspection by Cashlesso, the Facility Providers and the Acquiring Banks at all times. The Merchant shall bear and be responsible and liable for the payment of all relevant taxes (including any applicable withholding taxes) in relation to the payments made under this Agreement. Cashlesso will settle the amount to the Merchant’s account on T+2 basis for all payment methods, where ‘T’ is referred to as the Transaction date. Cashlesso will make all the possible efforts to settle the amount on T+2 basis to the Merchant’s account however in any situation where the amount is not settled by the Bank/Payment partner to the Cashlesso’s account there can be a delay in settling this amount to the Merchant’s account.
Sample 1
Payments on Proof of Delivery. 4.1.1 Subject to the other provisions hereof, WEPL shall endeavour to instruct the Nodal Bank to make payment of Customer Charge less the Transaction Discount Rate to the Merchant within 2 (two) business days upon receipt of the same from the Acquiring Bank, the same be subject to production of despatch proof in respect of each of the Customer purchase to WEPL by the Merchant as may be specifically requested for.
Sample 1

Related to Payments on Proof of Delivery

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