Booking Payment definition

Booking Payment means the first payment due to Us that the Lead Client makes to secure the Booking, It is part of the “Booking Payment” made to the Introducer, (which may be referred to as the ‘Deposit’ in the Introducer’s website booking/payment process pages). The Booking Payment is a sum equal to 35% of the Rental Rate, plus the Introduction Fee of 12% and the Cancellation Fee of 8% is therefore approximately 50% of the Advertised Rate (but can vary). If the Check-In Date is within 6 calendar months from the initial booking date, then this payment will equal 100% of the Advertised Rate (also referred to as the “Total” on the Site booking/payment pages) plus all Extras. In all cases the Lead Client will receive confirmation of the exact sums due via the terms set out in the Booking Request Reply before they enter a contract;
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Booking Payment means the initial payment due for securing the Booking. It may be referred to as the ‘Deposit’ in the Sitebooking/payment process pages. It comprises Our Fee and theinitial payment to the Property Provider as defined by the Property Provider’s own terms and conditions (also known as the “Booking Payment”) and agreed by the Renter/Lead Renter. This is typically a sum equal to 35% of the Rental Rate, plus Our Fee and is thereforeapproximately 40% of the Advertised Rate, (but can vary). If theCheck-In Date is within 6 calendar months from the initial bookingdate, then this payment will equal 100% of the Advertised Rate plus all Extras (which are also referred to as the “Total” or “Property total” or “Grand total” on the Site booking/payment pages). In allcases, the exact payment terms of the Booking Payment will becommunicated to the User/Registered User/Lead Renter before they enter into a contract for their Booking. We will collect this payment on behalf of Us (for Our Fee) and the Property Provider (for theirpayments) via Our online card payment facility;
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Booking Payment has the meaning given in clause 6.5;
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Examples of Booking Payment in a sentence

  • If a contract is made, you will pay us the Booking Payment you receive from the customer and the balance of the Full Price received by you from the customer (less any permitted deduction under clause 8.5), in accordance with the Balance Due Date.

Related to Booking Payment

  • Closing Payment has the meaning set forth in Section 2.2.

  • Down payment means all partial payments, whether made in cash or otherwise, received by or for the benefit of the seller before or substantially contemporaneous with either the execution of the installment sale contract or the delivery of the motor vehicle sold under that contract, whichever occurs later.

  • Closing Payment Amount has the meaning set forth in Section 2.5(a).

  • recurring payments “reference transactions” "preauthorized transfers" or "preapproved payment." You can cancel your billing agreement at any time in your account interface or by contacting us. Where a payment under that billing agreement is scheduled to be made before the end of the next Business Day after you tell us to cancel it, we may cancel your billing agreement after that payment has been made. If you cancel a billing agreement, you may still owe the recipient money for goods or services that you have received but have not paid for. If we determine currency conversion is necessary for a billing agreement payment, and we perform the conversion, we will use the transaction exchange rate in effect at the time the payment is processed. The transaction exchange rate for each payment transaction may vary. Refunds to your account How refunds can happen We may allow the recipient of your payment to: • Refuse to accept it. • Decide to accept it and then use our service to send you a refund of all or any part of the amount of the payment later. We will return the amount of any refused payment or refunded payment to your Balance. We will return the amount of an unclaimed payment to your balance within 30 days after the date you initiated the payment. If any amount of any payment is returned to you in any of the ways outlined above, we may convert the returned amount for you into either: • The currency of the balance you used for the original payment (before any conversion into the currency received by the recipient happened). • The opening currency of your account. • US dollars (opening a balance in that currency for you, if you don’t have one already). If the original payment you sent involved a currency conversion we will convert the returned amount from the currency received by the recipient as follows: • If the amount is returned within one day of the date of the original payment we will use our transaction exchange rate applicable on the date of the original payment, so that you receive the original amount in the original currency you converted for the original payment. • If the amount is returned after one day of the date of the original payment we will use and you agree to accept our transaction exchange rate applicable at the time of the conversion of the returned amount. The transaction exchange rate may be applied immediately and without notice to you. We may also automatically withdraw the returned amount from your Balance and transfer the funds back to the funding source you used for the original payment. Withdrawals can also involve a currency conversion – see the section on Withdrawing money above. Risks when receiving refunds The returned amount could be lower in value than your original payment amount. This can happen as a result of: • The recipient sending you a refund lower in value than your original payment amount. As we are only a payment service provider, we cannot know what you are entitled to from the original payment recipient as a refund or why the recipient sent the refund in a particular amount. • Transaction exchange rate fluctuations. PayPal is not responsible for any loss resulting from the recipient's decision to refuse or refund your payment, except to the extent that a refund sent by the recipient is a payment executed incorrectly by PayPal We are not liable to you for the difference between the value of your original payment and the value of the resulting refund, except to the extent that the refund is an incorrect payment (see the section on Resolving Problems).

  • Booking Fee is the fee an Agency charges for scheduling Sign Language Interpreters.

  • Advance Payment shall have the meaning set forth in Clause 19.2; “Affected Party” shall have the meaning set forth in Clause 21.1;

  • Booking Amount means 10% of the Total Consideration of the Apartment which includes the Application Money;

  • Upfront Payment has the meaning set forth in Section 4.1.

  • PAGA Payment means the penalties pursuant to PAGA that the Parties have agreed is a

  • Bill Payment is the online service that enables the scheduling of bill payments using a personal computer;

  • Termination Payment means the amount payable by either Party to the other upon Termination in accordance with Article 23;

  • Late Payment Surcharge shall have the meaning ascribed thereto in Article 10.3.3 of this Agreement;

  • Co-payment means a relatively small amount of money paid by the insured person towards the cost of each day in a private hospital per episode of care, with Latrobe paying the rest of the cost.

  • Loan Payment means any amount payable by the Loan Parties to the Bank pursuant to the Legal Agreements or these General Conditions, including (but not limited to) any amount of the Withdrawn Loan Balance, interest, the Front-end Fee, interest at the Default Interest Rate (if any), any prepayment premium, any transaction fee for a Conversion or early termination of a Conversion, any premium payable upon the establishment of an Interest Rate Cap or Interest Rate Collar, and any Unwinding Amount payable by the Borrower.”

  • Interim Payment has the meaning specified in Section 10.1.

  • Compensation Payment means a payment, whether in monetary form or in the form of a benefit or service, by or on behalf of an insurer to a complainant to compensate the complainant for a proven or estimated financial loss incurred as a result of the insurer’s contravention, non-compliance, action, failure to act, or unfair treatment forming the basis of the complaint, where the insurer accepts liability for having caused the loss concerned, but excludes any –