Common use of Price and settlement procedure Clause in Contracts

Price and settlement procedure. 4.1. The Assignee shall pay to the Loan Originator the Claim Price mutually agreed with and specified in the Basic Terms and Conditions for the assignment of the Claim specified in the Agreement. 4.2. The Assignee shall pay the Claim Price to the Loan Originator immediately after the Assignee has confirmed the terms and conditions of the Agreement pursuant to the procedure specified in the Terms and Conditions of the Portal Users. The Assignee’s payment is made by transferring the virtual money equivalent to the Claim Price from the Assignee’s Virtual Account to the Loan Originator’s Account without actual payment of monetary funds. The purchase of the Claim made by the Assignee after confirmation of the terms and conditions of the Agreement becomes binding to the Assignee, and Mintos shall immediately withdraw the virtual money equivalent to the Claim Price from the Assignee’s Virtual Account. The Claim shall be considered as transferred to the Assignee once the virtual money equivalent to the Claim Price is withdrawn from the Assignee’s Virtual Account. 4.3. Mintos after withdrawal of the funds specified in Clause 4.2 of the General Terms and Conditions from the Virtual Account of the Assignee shall transfer equivalent amount of virtual money to the Loan Originator’s Account. 4.4. By confirmation of the terms and conditions of the Agreement the Assignee shall authorize Mintos to transfer the virtual money equivalent to the Claim Price from the Assignee’s Virtual Account to the Loan Originator’s Account pursuant to terms and conditions of the Agreement. 4.5. The payment obligation of monetary funds shall be considered fulfilled at the moment when the payment amount is transferred into the bank account of the payment recipient, except as otherwise expressly provided in this Agreement. The payment obligation of virtual money shall be fulfilled at the moment when the payment of virtual money is transferred into the Virtual Account of the payment recipient or the Loan Originator’s Account, if the payment recipient is the Loan Originator.

Price and settlement procedure. 4.1. The Assignee shall pay to the Loan Originator the Claim Price mutually agreed with and specified in the Basic Terms and Conditions for the assignment of the Claim specified in the Agreement. 4.2. The Assignee shall pay the Claim Price to the Loan Originator immediately after the Assignee has confirmed the terms and conditions of the Agreement pursuant to the procedure specified in the Terms and Conditions of the Portal Users. The Assignee’s payment is made by transferring the virtual money equivalent to the Claim Price from the Assignee’s Virtual Account to the Loan Originator’s Account without actual payment of monetary funds. The purchase of the Claim made by the Assignee after confirmation of the terms and conditions of the Agreement becomes binding to the Assignee, and Mintos shall immediately withdraw the virtual money equivalent to the Claim Price from the Assignee’s Virtual Account. The Claim shall be considered as transferred to the Assignee once the virtual money equivalent to the Claim Price is withdrawn from the Assignee’s Virtual Account. 4.3. Mintos after withdrawal of the funds specified in Clause 4.2 of the General Terms and Conditions from the Virtual Account of the Assignee shall transfer equivalent amount of virtual money to the Loan Originator’s Account. 4.4. By confirmation of the terms and conditions of the Agreement the Assignee shall authorize Mintos to transfer the virtual money equivalent to the Claim Price from the Assignee’s Virtual Account to the Loan Originator’s Account pursuant to terms and conditions of the Agreement. Mintos shall transfer the Claim Price from the Loan Originator’s Account to the bank account of the Loan Originator in accordance with the cooperation agreement concluded by and between the Loan Originator and Mintos and the procedure of mutual settlement of accounts stipulated therein. 4.5. The payment obligation of monetary funds shall be considered fulfilled at the moment when the payment amount is transferred into the bank account of the payment recipient, except as otherwise expressly provided in this Agreement. The payment obligation of virtual money shall be fulfilled at the moment when the payment of virtual money is transferred into the Virtual Account of the payment recipient or the Loan Originator’s Account, if the payment recipient is the Loan Originator.

Price and settlement procedure. 4.1. The Assignee shall pay to the Loan Originator the Claim Price mutually agreed with and specified in the Basic Terms and Conditions for the assignment of the Claim specified in the Agreement. 4.2. The Assignee shall pay the Claim Price to the Loan Originator immediately after the Assignee has confirmed the terms and conditions of the Agreement pursuant to the procedure specified in the Terms and Conditions of the Portal Platform Users. The Assignee’s payment is made by transferring the virtual money equivalent to the Claim Price from the Assignee’s Virtual Account to the Loan Originator’s Account without actual payment of monetary funds. The purchase of the Claim made by the Assignee after confirmation of the terms and conditions of the Agreement becomes binding to the Assignee, and Mintos shall immediately withdraw the virtual money equivalent to the Claim Price from the Assignee’s Virtual Account. The Claim shall be considered as transferred to the Assignee once the virtual money equivalent to the Claim Price is withdrawn from the Assignee’s Virtual Account. 4.3. Mintos after withdrawal of the funds specified in Clause 4.2 of the General Terms and Conditions from the Virtual Account of the Assignee shall transfer equivalent amount of virtual money to the Loan Originator’s Account. 4.4. By confirmation of the terms and conditions of the Agreement the Assignee shall authorize Mintos to transfer the virtual money equivalent to the Claim Price from the Assignee’s Virtual Account to the Loan Originator’s Account pursuant to terms and conditions of the Agreement. Mintos shall transfer the Claim Price from the Loan Originator’s Account to the bank account of the Loan Originator in accordance with the cooperation agreement concluded by and between the Loan Originator and Mintos and the procedure of mutual settlement of accounts stipulated therein. 4.5. The payment obligation of monetary funds shall be considered fulfilled at the moment when the payment amount is transferred into the bank account of the payment recipient, except as otherwise expressly provided in this Agreement. The payment obligation of virtual money shall be fulfilled at the moment when the payment of virtual money is transferred into the Virtual Account of the payment recipient or the Loan Originator’s Account, if the payment recipient is the Loan Originator.

Price and settlement procedure. 4.1. The Assignee shall pay to the Loan Originator the Claim Price mutually agreed with and specified in the Basic Terms and Conditions for the assignment of the Claim specified in the Agreement. 4.2. The Assignee shall pay the Claim Price to the Loan Originator immediately after the Assignee has confirmed the terms and conditions of the Agreement pursuant to the procedure specified in the Terms and Conditions of the Portal Users. The Assignee’s payment is made by transferring the virtual money equivalent to the Claim Price from the Assignee’s Virtual Account to the Loan Originator’s Account without actual payment of monetary funds. The purchase of the Claim made by the Assignee after confirmation of the terms and conditions of the Agreement becomes binding to the Assignee, and Mintos shall immediately withdraw the virtual money equivalent to the Claim Price from the Assignee’s Virtual Account. The Claim shall be considered as transferred to the Assignee once the virtual money equivalent to the Claim Price is withdrawn from the Assignee’s Virtual Account. 4.3. Mintos after withdrawal of the funds specified in Clause 4.2 of the General Terms and Conditions from the Virtual Account of the Assignee shall transfer equivalent amount of virtual money to the Loan Originator’s Account. 4.4. By confirmation of the terms and conditions of the Agreement the Assignee shall authorize Mintos to transfer the virtual money equivalent to the Claim Price from the Assignee’s Virtual Account to the Loan Originator’s Account pursuant to terms and conditions of the Agreement. Mintos shall transfer the Claim Price from the Loan Originator’s Account to the bank account of the Loan Originator in accordance with the cooperation agreement concluded by and between the Loan Originator, Mintos and the Borrower and the procedure of mutual settlement of accounts stipulated therein. 4.5. The payment obligation of monetary funds shall be considered fulfilled at the moment when the payment amount is transferred into the bank account of the payment recipient, except as otherwise expressly provided in this Agreement. The payment obligation of virtual money shall be fulfilled at the moment when the payment of virtual money is transferred into the Virtual Account of the payment recipient or the Loan Originator’s Account, if the payment recipient is the Loan Originator.

Price and settlement procedure. 4.1. The Assignee shall pay to the Loan Originator Assignor the Claim Price mutually agreed with the Assignor and specified in the Basic Terms and Conditions for the assignment of the Claim specified in the Agreement. 4.2. The Assignee shall pay the Claim Price to the Loan Originator Assignor immediately after the Assignee has confirmed the terms and conditions of the Agreement pursuant to the procedure specified in the Terms and Conditions of the Portal Users. The Assignee’s 's payment is made by transferring the virtual money equivalent to the Claim Price from the Assignee’s 's Virtual Account to the Loan Originator’s Assignor's Virtual Account without actual payment of monetary funds. The purchase of the Claim made by the Assignee after confirmation of the terms and conditions of the Agreement becomes binding to the Assignee, and Mintos Tech Consultancy Management Partners shall immediately withdraw the virtual money equivalent to the Claim Price from the Assignee’s 's Virtual Account. The Claim shall be considered as transferred to the Assignee once the virtual money equivalent to the Claim Price is withdrawn from the Assignee’s 's Virtual Account. 4.3. Mintos Tech Consultancy Management Partners after withdrawal of the funds specified in Clause 4.2 of the General Terms and Conditions from the Virtual Account of the Assignee shall transfer equivalent amount of virtual money to the Loan Originator’s AccountVirtual Account of the Assignor. 4.4. By confirmation of the terms and conditions of the Agreement the Assignee shall authorize Mintos Tech Consultancy Management Partners to transfer the virtual money equivalent to the Claim Price from the Assignee’s 's Virtual Account to the Loan Originator’s Assignor's Virtual Account pursuant to terms and conditions of the Agreement. 4.5. The Assignor shall pay the corresponding fee specified in the Price List for the resale of the Claim to the Assignee by means of the Portal. Tech Consultancy Management Partners is entitled to charge the commission as provided in Clause 10 of the Assignment Agreement without an additional approval from the Assignor. 4.6. The payment obligation of monetary funds shall be considered fulfilled at the moment when the payment amount is transferred into the bank account of the payment recipient, except as otherwise expressly provided in this Agreement. The payment obligation of virtual money shall be fulfilled at the moment when the payment of virtual money is transferred into the Virtual Account of the payment recipient or the Loan Originator’s 's Account, if the payment recipient is the Loan Originator. The Loan Originator bears no responsibility for any payments of virtual money from one Virtual Account to another.

Price and settlement procedure. 4.1. The Assignee shall pay to the Loan Originator Assignor the Claim Price mutually agreed with the Assignor and specified specified in the Basic Terms and Conditions for the assignment of the Claim specified specified in the Agreement. 4.2. The Assignee shall pay the Claim Price to the Loan Originator Assignor immediately after the Assignee has confirmed confirmed the terms and conditions of the Agreement pursuant to the procedure specified specified in the Terms and Conditions of the Portal Users. The Assignee’s payment is made by transferring the virtual money equivalent to the Claim Price from the Assignee’s Virtual Account to the Loan OriginatorAssignor’s Virtual Account without actual payment of monetary funds. The purchase of the Claim made by the Assignee after confirmation confirmation of the terms and conditions of the Agreement becomes binding to the Assignee, and Mintos REDLEE shall immediately withdraw the virtual money equivalent to the Claim Price from the Assignee’s Virtual Account. The Claim shall be considered as transferred to the Assignee once the virtual money equivalent to the Claim Price is withdrawn from the Assignee’s Virtual Account. 4.3. Mintos REDLEE after withdrawal of the funds specified specified in Clause 4.2 of the General Terms and Conditions from the Virtual Account of the Assignee shall transfer equivalent amount of virtual money to the Loan Originator’s AccountVirtual Account of the Assignor. 4.4. By confirmation confirmation of the terms and conditions of the Agreement the Assignee shall authorize Mintos REDLEE to transfer the virtual money equivalent to the Claim Price from the Assignee’s Virtual Account to the Loan OriginatorAssignor’s Virtual Account pursuant to terms and conditions of the Agreement. 4.5. The Assignor shall pay the commission specified in the REDLEE Price List for the resale of the Claim to the Assignee by means of the Portal. REDLEE is entitled to write off the virtual money equivalent to the commission from the Virtual Account of the Assignor immediately after conclusion of the Agreement without an additional approval from the Assignor. The Assignor by confirmation of the terms and conditions of the Agreement shall authorize REDLEE to withdraw the virtual money equivalent to the commission from the Assignor’s Virtual Account pursuant to terms and conditions of the Agreement. 4.6. The payment obligation of monetary funds shall be considered fulfilled fulfilled at the moment when the payment amount is transferred into the bank account of the payment recipient, except as otherwise expressly provided in this Agreement. The payment obligation of virtual money shall be fulfilled fulfilled at the moment when the payment of virtual money is transferred into the Virtual Account of the payment recipient or the Loan Originator’s Account, if the payment recipient is the Loan Originator.

Price and settlement procedure. 4.1. The Assignee shall pay to the Loan Originator the Claim Price mutually agreed with and specified in the Basic Terms and Conditions for the assignment of the Claim specified in the Agreement. 4.2. The Assignee shall pay the Claim Price to the Loan Originator immediately after the Assignee has confirmed the terms and conditions of the Agreement pursuant to the procedure specified in the Terms and Conditions of the Portal Platform Users. The Assignee’s payment is made by transferring the virtual money equivalent to the Claim Price from the Assignee’s Virtual Account to the Loan Originator’s Account without actual payment of monetary funds. The purchase of the Claim made by the Assignee after confirmation of the terms and conditions of the Agreement becomes binding to the Assignee, and Mintos Xxxxxx shall immediately withdraw the virtual money equivalent to the Claim Price from the Assignee’s Virtual Account. The Claim shall be considered as transferred to the Assignee once the virtual money equivalent to the Claim Price is withdrawn from the Assignee’s Virtual Account. 4.3. Mintos after withdrawal of the funds specified in Clause 4.2 of the General Terms and Conditions from the Virtual Account of the Assignee shall transfer equivalent amount of virtual money to the Loan Originator’s Account. 4.4. By confirmation of the terms and conditions of the Agreement the Assignee shall authorize Mintos Xxxxxx to transfer the virtual money equivalent to the Claim Price from the Assignee’s Virtual Account to the Loan Originator’s Account pursuant to terms and conditions of the Agreement. Mintos shall transfer the Claim Price from the Loan Originator’s Account to the bank account of the Loan Originator in accordance with the cooperation agreement concluded by and between the Loan Originator and Mintos and the procedure of mutual settlement of accounts stipulated therein. 4.5. The payment obligation of monetary funds shall be considered fulfilled at the moment when the payment amount is transferred into the bank account of the payment recipient, except as otherwise expressly provided in this Agreement. The payment obligation of virtual money shall be fulfilled at the moment when the payment of virtual money is transferred into the Virtual Account of the payment recipient or the Loan Originator’s Account, if the payment recipient is the Loan Originator.

Price and settlement procedure. 4.1. The Assignee shall pay to the Loan Originator the Claim Price mutually agreed with and specified in the Basic Terms and Conditions for the assignment of the Claim specified in the Agreement. 4.2. The Assignee shall pay the Claim Price to the Loan Originator immediately after the Assignee has confirmed the terms and conditions of the Agreement pursuant to the procedure specified in the Terms and Conditions of the Portal Users. The Assignee’s payment is made by transferring the virtual money equivalent to the Claim Price from the Assignee’s Virtual Account to the Loan Originator’s Account without actual payment of monetary funds. The purchase of the Claim made by the Assignee after confirmation of the terms and conditions of the Agreement becomes binding to the Assignee, and Mintos REDLEE shall immediately withdraw the virtual money equivalent to the Claim Price from the Assignee’s Virtual Account. The Claim shall be considered as transferred to the Assignee once the virtual money equivalent to the Claim Price is withdrawn from the Assignee’s Virtual Account. 4.3. Mintos REDLEE after withdrawal of the funds specified in Clause 4.2 of the General Terms and Conditions from the Virtual Account of the Assignee shall transfer equivalent amount of virtual money to the Loan Originator’s Account. 4.4. By confirmation of the terms and conditions of the Agreement the Assignee shall authorize Mintos REDLEE to transfer the virtual money equivalent to the Claim Price from the Assignee’s Virtual Account to the Loan Originator’s Account pursuant to terms and conditions of the Agreement. REDLEE shall transfer the Claim Price from the Loan Originator’s Account to the bank account of the Loan Originator in accordance with the cooperation agreement concluded by and between the Loan Originator and REDLEE and the procedure of mutual settlement of accounts stipulated therein. 4.5. The payment obligation of monetary funds shall be considered fulfilled at the moment when the payment amount is transferred into the bank account of the payment recipient, except as otherwise expressly provided in this Agreement. The payment obligation of virtual money shall be fulfilled at the moment when the payment of virtual money is transferred into the Virtual Account of the payment recipient or the Loan Originator’s Account, if the payment recipient is the Loan Originator.

Price and settlement procedure. 4.1. The Assignee shall pay to the Loan Originator the Claim Price mutually agreed with and specified specified in the Basic Terms and Conditions for the assignment of the Claim specified in the Agreement. 4.2. The Assignee shall pay the Claim Price to the Loan Originator immediately after the Assignee has confirmed the terms and conditions of the Agreement pursuant to the procedure specified in the Terms and Conditions of the Portal Platform Users. The Assignee’s payment is made by transferring the virtual money equivalent to the Claim Price from the Assignee’s Virtual Account to the Loan Originator’s Account without actual payment of monetary funds. The purchase of the Claim made by the Assignee after confirmation of the terms and conditions of the Agreement becomes binding to the Assignee, and Mintos shall immediately withdraw the virtual money equivalent to the Claim Price from the Assignee’s Virtual Account. The Claim shall be considered as transferred to the Assignee once the virtual money equivalent to the Claim Price is withdrawn from the Assignee’s Virtual Account. 4.3. Mintos after withdrawal of the funds specified specified in Clause 4.2 of the General Terms and Conditions from the Virtual Account of the Assignee shall transfer equivalent amount of virtual money to the Loan Originator’s Account. 4.4. By confirmation confirmation of the terms and conditions of the Agreement the Assignee shall authorize Mintos to transfer the virtual money equivalent to the Claim Price from the Assignee’s Virtual Account to the Loan Originator’s Account pursuant to terms and conditions of the Agreement. Mintos shall transfer the Claim Price from the Loan Originator’s Account to the bank account of the Loan Originator in accordance with the cooperation agreement concluded by and between the Loan Originator and Mintos and the procedure of mutual settlement of accounts stipulated therein. 4.5. The payment obligation of monetary funds shall be considered fulfilled fulfilled at the moment when the payment amount is transferred into the bank account of the payment recipient, except as otherwise expressly provided in this Agreement. The payment obligation of virtual money shall be fulfilled fulfilled at the moment when the payment of virtual money is transferred into the Virtual Account of the payment recipient or the Loan Originator’s Account, if the payment recipient is the Loan Originator.

Price and settlement procedure. 4.1. The Assignee shall pay to the Loan Originator the Claim Price mutually agreed with and specified in the Basic Terms and Conditions for the assignment of the Claim specified in the Agreement. 4.2. The Assignee shall pay the Claim Price to the Loan Originator immediately after the Assignee has confirmed the terms and conditions of the Agreement pursuant to the procedure specified in the Terms and Conditions of the Portal Users. The Assignee’s payment is made by transferring the virtual money equivalent to the Claim Price from the Assignee’s Virtual Account to the Loan Originator’s Account without actual payment of monetary funds. The purchase of the Claim made by the Assignee after confirmation of the terms and conditions of the Agreement becomes binding to the Assignee, and Mintos Xxxxxx shall immediately withdraw the virtual money equivalent to the Claim Price from the Assignee’s Virtual Account. The Claim shall be considered as transferred to the Assignee once the virtual money equivalent to the Claim Price is withdrawn from the Assignee’s Virtual Account. 4.3. Mintos after withdrawal of the funds specified in Clause 4.2 of the General Terms and Conditions from the Virtual Account of the Assignee shall transfer equivalent amount of virtual money to the Loan Originator’s Account. 4.4. By confirmation of the terms and conditions of the Agreement the Assignee shall authorize Mintos Xxxxxx to transfer the virtual money equivalent to the Claim Price from the Assignee’s Virtual Account to the Loan Originator’s Account pursuant to terms and conditions of the Agreement. 4.5. The payment obligation of monetary funds shall be considered fulfilled at the moment when the payment amount is transferred into the bank account of the payment recipient, except as otherwise expressly provided in this Agreement. The payment obligation of virtual money shall be fulfilled at the moment when the payment of virtual money is transferred into the Virtual Account of the payment recipient or the Loan Originator’s Account, if the payment recipient is the Loan Originator.