Common use of Payments to be made by the Merchant Clause in Contracts

Payments to be made by the Merchant. (i) In consideration of the provision of the Service Provider Business by the Service Provider, the Merchant shall pay to the Service Provider, Service Fees which shall be calculated in the manner as specified in the Commercial Terms. (ii) Service Fees for any additional services shall be as set out in the Commercial Terms. (iii) The Parties agree that the details of terms memorialized by the Commercial Terms are dynamic in nature and will evolve or vary as the operating, promotional, marketing and business environment of the Service Provider or user behavior on the Platform changes and evolves and therefore the Commercial Terms will be adjusted or revised from time to time or sometime occasionally or frequently by the Parties as necessary or appropriate during the Term of the Agreement to accurately reflect the evolution of the aforesaid environment and conditions. Such revisions or modifications may be made from time to time with the mutual consent of the Parties through exchange of emails by their respective authorized personnel.

Appears in 5 contracts

Samples: E Commerce Services Agreement, E Commerce Services Agreement, E Commerce Services Agreement

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Payments to be made by the Merchant. (i) i. In consideration of the provision of the Service Provider Business by the Service Provider, the Merchant shall pay to the Service Provider, Service Fees which shall be calculated in the manner as specified in the Commercial Terms. (ii) . Service Fees for any additional services shall be as set out in the Commercial Terms. (iii) . The Parties agree that the details of terms memorialized by the Commercial Terms are dynamic in nature and will evolve or vary as the operating, promotional, marketing and business environment of the Service Provider or user behavior on the Platform changes and evolves and therefore the Commercial Terms will be adjusted or revised from time to time or sometime occasionally or frequently by the Parties as necessary or appropriate during the Term of the Agreement to accurately reflect the evolution of the aforesaid environment and conditions. Such revisions or modifications may be made from time to time with the mutual consent of the Parties through exchange of emails by their respective authorized personnel.

Appears in 1 contract

Samples: E Commerce Services Agreement

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