Common use of Tracking, Reporting & Payment Clause in Contracts

Tracking, Reporting & Payment. Quivers will track Qualified Purchases for reporting and payment purposes and make reports available to Client through the Quivers Solution. In the event of any dispute regarding tracking and calculating Qualified Purchases, the automated results from the Quivers Solution shall control and be binding upon the parties to this Agreement. Client will receive payments by direct deposit into a bank account designated by Client, or by check, at the election of Quivers. Client will be responsible for providing Quivers with the name and address of the bank, type of account, account number, exact name on the account, and the routing number for the bank. Client is responsible for paying any taxes that may be owed by Client as a result of receiving Payments (e.g., income tax), and no additional compensation will be paid to Client for such taxes.