Threshold of the TPPC Sample Clauses

Threshold of the TPPC. The threshold of the TPPC is 100 Euros (EUR). If the TPPC is below the threshold, it is rolled over to the next month and an invoice is not issued. When the TPPC reaches the threshold, the invoice is issued and is paid through SEPA payment to the Tourist Guide’s bank account, which is provided in Tourist Guide’s account on Tourvance Website. Tourvance reserves to right to hold the payment in situations when (i) the bank account is not filled up, (ii) the threshold is not reached, (iii) any business identification (like company ID, name, address) is not filled, (iv) there is an official complaint any party including the authority of the Czech Republic or the EU. When the TPPC payment is sent, status appropriate visit is changed to Completed. If the payment is past due by Tourvance, Tourist Guides agrees and acknowledges that the late payment fee is not applied to Tourvance excluding the statutory interest of the Czech law. If the receipts are approved by Local Businesses, but Local Businesses do not pay the Commission to Tourvance on time, TPPC cannot be paid to Tourist Guide. In this case TPPC is rolled over to the next month and paid to Tourist Guide in the following billing period once the commission is paid by Local Business. Any invoicing errors have to be communicated immediately with Tourvance Customer Service primarily via Skype (xxxx@xxxxxxxxx.xxx, Tourvance Customer Service). There are two options of the payment methods (SEPA payment and PayPal payment) and Tourist Guides must select the primary one. You can set up your primary payment method in the settings of Your account (Settings -> Payments).
Sample 1
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