Common use of Settlement and Payment Clause in Contracts

Settlement and Payment. You agree to pay all amounts payable by You in respect of any Transactions You effect using the System as those amounts become due regardless of any right of set- off or counterclaim that You or Your Firm may have against Citibank and free and clear of, and without withholding or deduction for, any taxes of whatever nature, unless required by Applicable Law. You shall pay to Citibank a fee in respect of any executed Transaction using one of more Algo Strategies (“Usage Fee”). The Usage Fee shall be the rate we agree from time to time in writing, provided, that, Citi may change the applicable Usage Fee at any time if Citi, in its discretion, determines that changes (whether long term or short term) in market conditions (including, among others, in relation to liquidity, volatility, interest rates, currency controls or changes in the monetary policy affecting relevant currencies) have occurred or are likely to occur. Citibank’s obligation to settle any Transaction is conditional upon Citibank’s receipt on or before the due date for settlement (or satisfactory confirmation of such receipt by Citibank’s settlement agents) of all necessary documents, funds or financial instruments due to be delivered by You or on Your behalf on such due date. Citibank may make deductions or withholdings from payments to the extent required by Applicable Law. You are responsible for all taxes and similar or related amounts which are payable as a result of the Transactions You effect using the System and you will reimburse Citibank or its affiliates to the extent such taxes are borne by Citibank or its affiliates to the extent such amounts are not deducted or withheld. You will at all times keep Citibank and its affiliates indemnified against all claims in relation to taxes. Neither Citibank nor its affiliates will contest any demand made by any governmental or regulatory authority for such taxes. You agree that all obligations of Citibank under a Transaction are payable solely at and by the specific Citibank NA branch or Citibank affiliate (that Your Firm is transacting with) and are subject to the laws of the country (including any governmental acts, orders, decrees and regulations) where the branch or relevant Citibank affiliate is located and such branch or affiliate shall also be excused by other events beyond its control which prevent its performance, in which circumstances, Your Firm shall not have any right of action for any loss, damage, or other consequence of any such non- discharge of obligations or threat of non-discharge of obligations against the head office nor any other branch, subsidiary, or Citibank affiliate. Citibank shall not be responsible for deductions or withholdings made by third parties from payments received by Citibank on Your behalf.

Appears in 2 contracts

Samples: Electronic Access and User Agreement, Electronic Access and User Agreement

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Settlement and Payment. You agree to pay all amounts payable by You in respect of any Transactions You effect using the System as those amounts become due regardless of any right of set- off or counterclaim that You or Your Firm may have against Citibank and free and clear of, and without withholding or deduction for, any taxes of whatever nature, unless required by Applicable Law. You shall pay to Citibank a fee in respect of any executed Transaction using one of more Algo Strategies (“Usage Fee”). The Usage Fee shall be the rate we agree from time to time in writing, provided, that, Citi may change the applicable Usage Fee at any time if Citi, in its discretion, determines that changes (whether long term or short term) in market conditions (including, among others, in relation to liquidity, volatility, interest rates, currency controls or changes in the monetary policy affecting relevant currencies) have occurred or are likely to occur. Citibank’s obligation to settle any Transaction is conditional upon Citibank’s receipt on or before the due date for settlement (or satisfactory confirmation of such receipt by Citibank’s settlement agents) of all necessary documents, funds or financial instruments due to be delivered by You or on Your behalf on such due date. Citibank may make deductions or withholdings from payments to the extent required by Applicable Law. You are responsible for all taxes and similar or related amounts which are payable as a result of the Transactions You effect using the System and you will reimburse Citibank or its affiliates to the extent such taxes are borne by Citibank or its affiliates to the extent such amounts are not deducted or withheld. You will at all times keep Citibank and its affiliates indemnified against all claims in relation to taxes. Neither Citibank nor its affiliates will contest any demand made by any governmental or regulatory authority for such taxes. You agree that all obligations of Citibank under a Transaction are payable solely at and by the specific Citibank NA branch or Citibank affiliate (that Your Firm is transacting with) and are subject to the laws of the country (including any governmental acts, orders, decrees and regulations) where the branch or relevant Citibank affiliate is located and such branch or affiliate shall also be excused by other events beyond its control which prevent its performance, in which circumstances, Your Firm shall not have any right of action for any loss, damage, or other consequence of any such non- non-discharge of obligations or threat of non-discharge of obligations against the head office nor any other branch, subsidiary, or Citibank affiliate. Citibank shall not be responsible for deductions or withholdings made by third parties from payments received by Citibank on Your behalf.

Appears in 2 contracts

Samples: Electronic Access and User Agreement, Electronic Access and User Agreement

Settlement and Payment. You agree to pay all amounts payable by You in respect of any Transactions You effect using the System as those amounts become due regardless of any right of set- set-off or counterclaim that You or Your Firm may have against Citibank and free and clear of, and without withholding or deduction for, any taxes of whatever nature, unless required by Applicable Law. You shall pay to Citibank a fee in respect of any executed Transaction using one of or more Algo Strategies (“Usage Fee”). The Usage Fee shall be the rate we agree from time to time in writing, provided, that, Citi Citibank may change the applicable Usage Fee at any time if CitiCitibank, in its discretion, determines that changes (whether long term or short term) in market conditions (including, among others, in relation to liquidity, volatility, interest rates, currency controls or changes in the monetary policy affecting relevant currencies) have occurred or are likely to occur. Citibank’s obligation to settle any Transaction is conditional upon Citibank’s receipt on or before the due date for settlement (or satisfactory confirmation of such receipt by Citibank’s settlement agents) of all necessary documents, funds or financial instruments due to be delivered by You or on Your behalf on such due date. Citibank may make deductions or withholdings from payments to the extent required by Applicable Law. You are responsible for all taxes and similar or related amounts which are payable as a result of the Transactions You effect using the System and you You will reimburse Citibank or its affiliates to the extent such taxes are borne by Citibank or its affiliates to the extent such amounts are not deducted or withheld. You will at all times keep Citibank and its affiliates indemnified against all claims in relation to taxes. Neither Citibank nor its affiliates will contest any demand made by any governmental or regulatory authority for such taxes7. You agree that all obligations of Penyelesaian dan Pembayaran. Anda setuju untuk membayar seluruh jumlah yang harus dibayar oleh Anda sehubungan dengan setiap Transaksi yang Anda adakan dengan menggunakan Sistem pada saat jumlah tersebut jatuh tempo tanpa mempertimbangkan setiap hak atas perjumpaan utang atau tuntutan balik yang Anda atau Perusahaan Anda mungkin miliki terhadap Citibank under a Transaction are payable solely at and by the specific dan bebas serta bersih dari, dan tanpa pemotongan atau pengurangan atas, pajak-pajak dalam bentuk apapun, kecuali diwajibkan oleh Hukum yang Berlaku. Anda wajib membayar kepada Citibank NA branch or suatu biaya sehubungan dengan setiap Transaksi yang dijalankan menggunakan satu atau beberapa Strategi-strategi Algo (“Biaya Penggunaan”). Biaya Penggunaan adalah harga yang kita setujui dari waktu ke waktu secara tertulis, dengan ketentuan, bahwa, Citibank affiliate dapat mengubah Biaya Penggunaan yang berlaku pada setiap saat jika Citibank, atas diskresinya sendiri, menentukan bahwa perubahan-perubahan (that Your Firm is transacting withbaik dalam jangka panjang atau jangka pendek) and are subject to the laws of the country dalam kondisi-kondisi pasar (including any governmental actstermasuk, ordersdi antara lain, decrees and regulationssehubungan dengan likuiditas, volatilitas, suku bunga, kendali mata uang atau perubahan- perubahan dalam kebijakan keuangan yang mempengaruhi mata uang-mata uang yang terkait) where the branch or relevant telah terjadi atau mungkin akan terjadi. Kewajiban Citibank affiliate is located and such branch or affiliate shall also be excused by other events beyond its control which prevent its performanceuntuk menyelesaikan Transaksi adalah bergantung pada syarat bahwa Citibank telah menerima pada atau sebelum tanggal jatuh tempo untuk penyelesaian (atau konfirmasi yang memuaskan atas penerimaan tersebut oleh agen penyelesaian Citibank), in which circumstancessemua dokumen, Your Firm shall not have any right of action for any loss, damage, or other consequence of any such non- discharge of obligations or threat of non-discharge of obligations against the head office nor any other branch, subsidiary, or Citibank affiliatedana atau instrumen keuangan yang diperlukan yang harus diserahkan oleh Anda atau atas nama Anda pada tanggal jatuh tempo tersebut. Citibank shall not be responsible for deductions or withholdings made by third parties from payments received by Citibank on Your behalf.dapat melakukan

Appears in 2 contracts

Samples: Access and User Agreement, Access and User Agreement

Settlement and Payment. You agree to pay all amounts payable by You in respect of any Transactions You effect using the System as those amounts become due regardless of any right of set- off or counterclaim that You or Your Firm may have against Citibank and free and clear of, and without withholding or deduction for, any taxes of whatever nature, unless required by Applicable Law. You shall pay to Citibank a fee in respect of any executed Transaction using one of more Algo Strategies (“Usage Fee”). The Usage Fee shall be the rate we agree from time to time in writing, provided, that, Citi Citibank may change the applicable Usage Fee at any time if Citi, in its discretion, determines that changes (whether long term or short term) in market conditions (including, among others, in relation to liquidity, volatility, interest rates, currency controls or changes in the monetary policy affecting relevant currencies) have occurred or are likely to occur. Citibank’s obligation to settle any Transaction is conditional upon Citibank’s receipt on or before the due date for settlement (or satisfactory confirmation of such receipt by Citibank’s settlement agents) of all necessary documents, funds or financial instruments due to be delivered by You or on Your behalf on such due date. Citibank may make deductions or withholdings from payments to the extent required by Applicable Law. You are responsible for all taxes and similar or related amounts which are payable as a result of the Transactions You effect using the System and you will reimburse Citibank or its affiliates to the extent such taxes are borne by Citibank or its affiliates to the extent such amounts are not deducted or withheld. You will at all times keep Citibank and its affiliates indemnified against all claims in relation to taxes. Neither Citibank nor its affiliates will contest any demand made by any governmental or regulatory authority for such taxes. You agree that all obligations of Citibank under a Transaction are payable solely at and by the specific Citibank NA branch or Citibank affiliate 7. Розрахунки та платежі. Ви погоджуєтеся сплачувати всі суми за будь-які Транзакції, які Ви здійснюєте за допомогою Системи, коли ці суми підлягають сплаті, незалежно від будь-якого права на зустрічне зарахування або зустрічну вимогу, яке Ви або Ваша фірма можете мати до Citibank, і без утримання або відрахування будь-яких податків будь-якого характеру, якщо це не вимагається Застосовним законодавством. Ви сплачуєте Citibank винагороду за будь-яку виконану Транзакцію, використовуючи будь-яку Алгоритмічну стратегію (that Your Firm is transacting with«Плата за використання»). Плата за використання — це тариф, який ми час від часу погоджуємо в письмовій формі, при цьому Citibank може змінювати відповідну Плату за використання в будь-який час, якщо Citibank на власний розсуд визначить, що відбулися або можуть відбутися зміни (як довгострокові, так і короткострокові) and are subject to the laws of the country в ринкових умовах (including any governmental actsв тому числі між іншим, ordersщодо ліквідності, decrees and regulationsколивання, змінення процентних ставок, валютного контролю або монетарної політики, які впливають на відповідні валюти). Обов’язок Citibank виконувати будь-яку Транзакцію залежить від отримання Citibank станом на кінцеву дату або до неї (або задовільного підтвердження такого отримання агентами Citibank із розрахунків) where the branch or relevant Citibank affiliate is located and such branch or affiliate shall also be excused by other events beyond its control which prevent its performanceусіх необхідних документів, in which circumstancesкоштів або фінансових інструментів, Your Firm shall not have any right of action for any loss, damage, or other consequence of any such non- discharge of obligations or threat of non-discharge of obligations against the head office nor any other branch, subsidiary, or Citibank affiliateякі повинні бути надані Вами або від Вашого імені на таку кінцеву дату. Citibank shall not be responsible for deductions or withholdings made by third parties from payments received by може вираховувати або утримувати кошти з платежів у межах, передбачених Застосовним законодавством. Ви несете відповідальність за всі податки та подібні або пов’язані суми, які підлягають сплаті в результаті здійснення Вами Транзакцій за допомогою Системи. Ви відшкодуєте Citibank on Your behalf.або його афілійованим особам такі податки, якщо вони сплачуються Citibank або його афілійованими особами, якщо такі суми не вираховуються або не

Appears in 1 contract

Samples: Electronic Access and User Agreement

Settlement and Payment. You agree to pay all amounts payable by You in respect of any Transactions You effect using the System as those amounts become due regardless of any right of set- off or counterclaim that You or Your Firm may have against Citibank and free and clear of, and without withholding or deduction for, any taxes of whatever nature, unless required by Applicable Law. You shall pay to Citibank a fee in respect of any executed Transaction using one of more Algo Strategies (“Usage Fee”). The Usage Fee shall be the rate we agree from time to time in writing, provided, that, Citi Citibank may change the applicable Usage Fee at any time if Citi, in its discretion, determines that changes (whether long term or short term) in market conditions (including, among others, in relation to liquidity, volatility, interest rates, currency controls or changes in the monetary policy affecting relevant currencies) have occurred or are likely to occur. Citibank’s obligation to settle any Transaction is conditional upon Citibank’s receipt on or before the due date for settlement (or satisfactory confirmation of such receipt by Citibank’s settlement agents) of all necessary documents, funds or financial instruments due to be delivered by You or on Your behalf on such due date. Citibank may make deductions or withholdings from payments to the extent required by Applicable Law. You are responsible for all taxes and similar or related amounts which are payable as a result of the Transactions You effect using the System and you will reimburse Citibank or its affiliates to the extent such taxes are borne by Citibank or its affiliates to the extent such amounts are not deducted or withheld. You will at all times keep Citibank and its affiliates indemnified against all claims in relation to taxes. Neither Citibank nor its affiliates will contest any demand made by any governmental or regulatory authority for such taxes. You agree that all obligations of Citibank under a Transaction are payable solely at and by the specific Citibank NA branch or Citibank affiliate (that Your Firm is transacting with) and are subject to the laws of the country (including any governmental acts, orders, decrees and regulations) where the branch or relevant Citibank affiliate is located and such branch or affiliate shall also be excused by other events beyond its control which prevent its performance, in which circumstances, Your Firm shall not have any right of action for any loss, damage, or other consequence of any such non- discharge of obligations or threat of non-discharge of obligations against the head office nor any other branch, subsidiary, or Citibank affiliate. Citibank shall not be responsible for deductions or withholdings made by third parties from payments received by Citibank on Your behalf7.

Appears in 1 contract

Samples: Electronic Access and User Agreement Elektroni̇k Eri̇şi̇m Ve Kullanici Sözleşmesi̇ Please

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Settlement and Payment. You agree to pay all amounts payable by You in respect of any Transactions You effect using the System as those amounts become due regardless of any right of set- off or counterclaim that You or Your Firm may have against Citibank and free and clear of, and without withholding or deduction for, any taxes of whatever nature, unless required by Applicable Law. You shall pay to Citibank a fee in respect of any executed Transaction using one of more Algo Strategies (“Usage Fee”). The Usage Fee shall be the rate we agree from time to time in writing, provided, that, Citi Citibank may change the applicable Usage Fee at any time if Citi, in its discretion, determines that changes (whether long term or short term) in market conditions (including, among others, in relation to liquidity, volatility, interest rates, currency controls or changes in the monetary policy affecting relevant currencies) have occurred or are likely to occur. Citibank’s obligation to settle any Transaction is conditional upon Citibank’s receipt on or before the due date for settlement (or satisfactory confirmation of such receipt by Citibank’s settlement agents) of all necessary documents, funds or financial instruments due to be delivered by You or on Your behalf on such due date. Citibank may make deductions or withholdings from payments to the extent required by Applicable Law. You are responsible for all taxes and similar or related amounts which are payable as a result of the Transactions You effect using the System and you will reimburse Citibank or its affiliates to the extent such taxes are borne by Citibank or its affiliates to the extent such amounts are not deducted or withheld. You will at all times keep Citibank and its affiliates indemnified against all claims in relation to taxes. Neither Citibank nor its affiliates will contest any demand made by any governmental or regulatory authority for such taxes. You agree that all obligations of Citibank under a Transaction are payable solely at and by the specific Citibank NA branch or Citibank affiliate (that Your Firm is transacting with) and are subject to the laws of the country (including any governmental acts, orders, decrees and regulations) where the branch or relevant Citibank affiliate is located and such branch or affiliate shall also be excused by other events beyond its control which prevent its performance, in which circumstances, Your Firm shall not have any right of action for any loss, damage, or other consequence of any such non- non-discharge of obligations or threat of non-discharge of obligations against the head office nor any other branch, subsidiary, or Citibank affiliate. Citibank shall not be responsible for deductions or withholdings made by third parties from payments received by Citibank on Your behalf.

Appears in 1 contract

Samples: Electronic Access and User Agreement

Settlement and Payment. You agree to pay all amounts payable by You in respect of any Transactions You effect using the System as those amounts become due regardless of any right of set- off or counterclaim that You or Your Firm may have against Citibank and free and clear of, and without withholding or deduction for, any taxes of whatever nature, unless required by Applicable Law. You shall pay to Citibank a fee in respect of any executed Transaction using one of more Algo Strategies (“Usage Fee”). The Usage Fee shall be the rate we agree from time to time in writing, provided, that, Citi Citibank may change the applicable Usage Fee at any time if Citi, in its discretion, determines that changes (whether long term or short term) in market conditions (including, among others, in relation to liquidity, volatility, interest rates, currency controls or changes in the monetary policy affecting relevant currencies) have occurred or are likely to occur. Citibank’s obligation to settle any Transaction is conditional upon Citibank’s receipt on or before the due date for settlement (or satisfactory confirmation of such receipt by Citibank’s settlement agents) of all necessary documents, funds or financial instruments due to be delivered by You or on Your behalf on such due date. Citibank may make deductions or withholdings from payments to the extent required by Applicable Law. You are responsible for all taxes and similar or related amounts which are payable as a result of the Transactions You effect using the System and you will reimburse Citibank or its affiliates to the extent such taxes are borne by Citibank or its affiliates to the extent such amounts are not deducted or withheld. You will at all times keep Citibank and its affiliates indemnified against all claims in relation to taxes. Neither Citibank nor its affiliates will contest any demand made by any governmental or regulatory authority for such taxes7. You agree that all obligations of Розрахунки та платежі. Ви погоджуєтеся сплачувати всі суми за будь-які Транзакції, які Ви здійснюєте за допомогою Системи, коли ці суми підлягають сплаті, незалежно від будь-якого права на зустрічне зарахування або зустрічну вимогу, яке Ви або Ваша фірма можете мати до Citibank, і без утримання або відрахування будь-яких податків будь-якого характеру, якщо це не вимагається Застосовним законодавством. Ви сплачуєте Citibank under a Transaction are payable solely at and by the specific винагороду за будь-яку виконану Транзакцію, використовуючи будь-яку Алгоритмічну стратегію («Плата за використання»). Плата за використання — це тариф, який ми час від часу погоджуємо в письмовій формі, при цьому Citibank NA branch or може змінювати відповідну Плату за використання в будь-який час, якщо Citibank affiliate на власний розсуд визначить, що відбулися або можуть відбутися зміни (that Your Firm is transacting withяк довгострокові, так і короткострокові) and are subject to the laws of the country в ринкових умовах (including any governmental actsв тому числі між іншим, ordersщодо ліквідності, decrees and regulationsколивання, змінення процентних ставок, валютного контролю або монетарної політики, які впливають на відповідні валюти). Обов’язок Citibank виконувати будь-яку Транзакцію залежить від отримання Citibank станом на кінцеву дату або до неї (або задовільного підтвердження такого отримання агентами Citibank із розрахунків) where the branch or relevant Citibank affiliate is located and such branch or affiliate shall also be excused by other events beyond its control which prevent its performanceусіх необхідних документів, in which circumstancesкоштів або фінансових інструментів, Your Firm shall not have any right of action for any loss, damage, or other consequence of any such non- discharge of obligations or threat of non-discharge of obligations against the head office nor any other branch, subsidiary, or Citibank affiliateякі повинні бути надані Вами або від Вашого імені на таку кінцеву дату. Citibank shall not be responsible for deductions or withholdings made by third parties from payments received by може вираховувати або утримувати кошти з платежів у межах, передбачених Застосовним законодавством. Ви несете відповідальність за всі податки та подібні або пов’язані суми, які підлягають сплаті в результаті здійснення Вами Транзакцій за допомогою Системи. Ви відшкодуєте Citibank on Your behalf.або

Appears in 1 contract

Samples: Electronic Access and User Agreement

Settlement and Payment. You agree to pay all amounts payable by You in respect of any Transactions You effect using the System as those amounts become due regardless of any right of set- off or counterclaim that You or Your Firm may have against Citibank and free and clear of, and without withholding or deduction for, any taxes of whatever nature, unless required by Applicable Law. You shall pay to Citibank a fee in respect of any executed Transaction using one of more Algo Strategies (“Usage Fee”). The Usage Fee shall be the rate we agree from time to time in writing, provided, that, Citi Citibank may change the applicable Usage Fee at any time if Citi, in its discretion, determines that changes (whether long term or short term) in market conditions (including, among others, in relation to liquidity, volatility, interest rates, currency controls or changes in the monetary policy affecting relevant currencies) have occurred or are likely to occur. Citibank’s obligation to settle any Transaction is conditional upon Citibank’s receipt on or before the due date for settlement (or satisfactory confirmation of such receipt by Citibank’s settlement agents) of all necessary documents, funds or financial instruments due to be delivered by You or on Your behalf on such due date. Citibank may make deductions or withholdings from payments to the extent required by Applicable Law. You are responsible for all taxes and similar or related amounts which are payable as a result of the Transactions You effect using the System and you will reimburse Citibank or its affiliates to the extent such taxes are borne by Citibank or its affiliates to the extent such amounts are not deducted or withheld. You will at all times keep Citibank and its affiliates indemnified against all claims in relation to taxes. Neither Citibank nor its affiliates will contest any demand made by any governmental or regulatory authority for such taxes. You agree that all obligations of Citibank under a Transaction are payable solely at and by the specific Citibank NA branch or Citibank affiliate (that Your Firm is transacting with) and are subject to the laws of the country (including any governmental acts, orders, decrees and regulations) where the branch or relevant Citibank affiliate is located and such branch or affiliate shall also be excused by other events beyond its control which prevent its performance, in which circumstances, Your Firm shall not have any right of action for any loss, damage, or other consequence of any such non- discharge of obligations or threat of non-discharge of obligations against the head office nor any other branch, subsidiary, or Citibank affiliate. Citibank shall not be responsible for deductions or withholdings made by third parties from payments received by Citibank on Your behalf.

Appears in 1 contract

Samples: Electronic Access and User Agreement

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