Virtual Card Payments Sample Clauses

Virtual Card Payments. If you elect to have the payment for an entry in your Data File made by virtual card, you will be the payor of the payment order that the Bank will initiate using information from your Data File, whether such payment order is transmitted to us through secure FTP or Online Banking. In order to elect virtual card payments as part of the Integrated Payables Service, you must have executed an Application and Rebate Agreement, accepted the Commercial Credit Card Terms and Conditions, and the Bank must have underwritten and approved you for a Commercial Line of Credit. Transmission of your Integrated Payables Data File
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Virtual Card Payments. If The Client elects to have the payment for an entry in the Data File made by virtual card, The Client will be the payer of the payment order that WesBanco will initiate using information from the Data File, whether such payment order is transmitted to WesBanco through SFTP or CashFlow Connect. In order to elect virtual card payments as part of the Integrated Payables Service, all steps detailed in Section XI, subsection 4 must be followed. Configuration settings are detailed in Schedule A.
Sample 1
Virtual Card Payments. You understand and agree that Xxxx.xxx may use a third-party service provider (the “Virtual Card Provider”) to issue or manage the virtual cards used to execute payments requested or initiated through the Virtual Card Service, subject to Xxxx.xxx’s responsibilities and representations under this Agreement. You understand and agree that the Virtual Card Service, and the virtual card payment option, will be available only to pay Vendors that have confirmed that they accept virtual cards as a method of payment. You grant to Xxxx.xxx, and Xxxx.xxx reserves, the right to choose, together with the Virtual Card Provider and/or Your Vendor, the manner in which the virtual card payments will be provided or delivered to Your Vendor. You understand and agree that neither Xxxx.xxx nor the Virtual Card Manager is responsible for any costs incurred by Your Vendor in connection with the use of the Virtual Card Service. The Vendor will be solely responsible for any costs or fees related to the receipt or processing of the virtual card payment. A Vendor that participates in the Virtual Card Service may opt out of receiving virtual card payments at any time. If a Vendor opts out of the Virtual Card Service and/or virtual card payments from You, Your payments to that Vendor through the Service will be made by check or electronic ACH payment, based on Your account settings and/or as provided under this Agreement. You acknowledge and agree that You are solely responsible for any payment owed by You to a Vendor, and that Xxxx.xxx has no responsibility or liability related to the acceptance or return of virtual card payments by a Vendor or the Vendor’s participation in or opt out of the Virtual Card Service. You grant Us the right to credit to Your Payment Account the amount(s) of any unprocessed virtual card payments, less any Service Fees or other amounts owed by You to Xxxx.xxx, as provided in this Agreement. Business Payments Only. Our Virtual Card Service is intended for business payments. Xxxx.xxx reserves the right, without Xxxx.xxx incurring any liability to You, to refuse to make any payment using the Virtual Card Service or to change Your originally selected payment method from virtual card to check or ACH payment if Xxxx.xxx determines based on commercially reasonable diligence that Your payment is not a business-to-business payment being made for a commercial purpose.
Sample 1

Related to Virtual Card Payments

  • Child Support Payments Child Support payments for the Children Outside the Couple shall be made by the ☐ Husband ☐ Wife to the ☐ Husband ☐ Wife in payments of $ due each month commencing on the 1st of the month following a petition for Divorce being filed in the jurisdiction of Governing Law (“Child Support”). Child Support shall continue until the first of the following events:

  • Interim payments Interim payments may be made by Department, at its discretion, if the completion of deliverables to date have first been accepted in writing by Department's Grant Manager.

  • Stop Payments The Fund hereby authorizes the Transfer Agent to stop payment of checks issued in payment of dividends, but not presented for payment, when the payees thereof allege either that they have not received the checks or that such checks have been mislaid, lost, stolen, destroyed or, through no fault of theirs, are otherwise beyond their control and cannot be produced by them for presentation and collection, and the Transfer Agent shall issue and deliver duplicate checks in replacement thereof, and the Fund shall indemnify Transfer Agent against any loss or damage resulting from reissuance of the checks.

  • Payments from the Gross Settlement Amount The Administrator will make and deduct the following payments from the Gross Settlement Amount, in the amounts specified by the Court in the Final Approval:

  • Check-Off Payments The Employer shall deduct from every employee any dues, initiation fees, or assessments levied by the Union on its members.

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