Inward Payment definition

Inward Payment means funds received into our bank account, either originating from a Buyer or you, with a reference identifying you as the intended recipient and beneficiary.
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Inward Payment means funds received into a Citcon bank account, either originating from a Buyer or Merchant, with a reference identifying Merchant as the intended recipient and beneficiary.
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Inward Payment means funds received into a Client Payments Account originating from a Buyer in respect of a Transaction identifying Client or Xplor as the intended recipient and beneficiary in accordance with a Direct Debit Mandate or other payment instruction pursuant to an Other Payment Service. Kiosk means an authorised point-of-sale payments terminal and any associated equipment or device(s). Liabilities means any and all costs, losses, liabilities, obligations, damages, deficiencies, penalties, fines, interest and expenses.
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Examples of Inward Payment in a sentence

  • In addition, if we inform you that we have been informed by an Alternative Payment Provider that an Inward Payment is Authorised or in progress and you then act on that information to your detriment, where the Inward Payment is not then made to or received by Worldpay you will have no Claim against us and will hold us harmless against any related Claims or Losses.

  • If any such Inward Payment is not actually received by us in full (whether because it is reversed or otherwise) but we have already made an Outward Payment against it then you will reimburse Worldpay by returning an amount equalling the Outward Payment without delay to us, indemnifying us for the amount of the Outward Payment in full.

  • Notwithstanding paragraph 3.3 above, in some cases we will make an Outward Payment on the receipt of confirmation from an Alternative Payment Provider that the Inward Payment is Authorised or in progress, but before the Inward Payment is actually received by us.

  • If any such Inward Payment is not actually made to us (whether because it is reversed or otherwise) but we have already made an Outward Payment against it then you will return an amount equalling the Outward Payment without delay to us, indemnifying us for the amount of the Outward Payment in full.

  • Notwithstanding paragraph 4 above, in some cases we will make an Outward Payment on the receipt of confirmation from an Alternative Payment Provider that the Inward Payment is Authorised or in progress, but before the Inward Payment is actually received by us.

  • In addition, if we inform you that we have been informed by an APM Provider that an Inward Payment is Authorised or in progress and you then act on that information to your detriment, where the Inward Payment is not then made then you will have no claim against us and will hold us harmless against any related claims or Losses.

  • If the Client has selected to receive, and Vitesse has agreed to provide the Inward Payment Service, additional terms might apply.

  • Those which are of specific legal implicationsare:• Contract of sale• Commercial invoice• Import license• Order confirmation• Export permit• Freight transit order• Credit insurance certificate• Bill of exchange• Balance of Payments Form (Outward Payment Flows)• Balance of Payments Form (Inward Payment Flows)• Customs declaration form (SAD 500)• Container terminal order• Bill of lading• Transnet National Ports Authority export cargodues order4.

  • If a Payment is effected other than in the designated currency of the relevant Citcon bank account, then in order to make the relevant credit or payment, as the case may be, Citcon will convert the relevant value either into the currency of the relevant Citcon bank account (for an Inward Payment) or into the requested currency of the Outward Payment, as applicable, in each case by reference to the exchange rate applicable.

  • Please note: if an account is registered to more than one SUN then the DCA limit for that account is shared across those SUNs. The Account List file can also be used for the Inward Payment Account List Validation service, (see ‘How does the Account List operate’, Section 2.4), as well as for DCA limits.

Related to Inward Payment

  • Reduced payment means a payment that is for less than the amount agreed upon in a subcontract in accordance with its terms and conditions, for supplies and services for which the Government has paid the prime contractor.

  • Specified Payment means any Permitted Acquisition, Investment, loan, advance, incurrence of or payment with respect to Indebtedness or other transaction made subject to satisfaction of the Payment Conditions or any component thereof.

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

  • Net Payment means the amount the Issuer or any paying agent pays the Holder after deducting or withholding an amount for or on account of any present or future tax, assessment or other governmental charge imposed with respect to that payment by a taxing authority (including any withholding or deduction attributable to additional amounts payable pursuant to this Section).

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

  • Debit Payment means a particular transaction where a debit is made.

  • Settlement Payment means the transfer, or contractual undertaking (including by automated clearing house transaction) to effect a transfer, of cash or other property to effect a Settlement.

  • Contingent Payment shall have the meaning set forth in Section 2.2(a).

  • Interim Payment has the meaning specified in Section 10.1.

  • Deferred Payment means any severance pay or benefits to be paid or provided to Executive (or Executive’s estate or beneficiaries) pursuant to this Agreement and any other severance payments or separation benefits, that in each case, when considered together, are considered deferred compensation under Section 409A.

  • Adjustment Payment means, in respect of any Security, the payment (if any) determined by the Determination Agent as is required in order to reduce or eliminate, to the extent reasonably practicable, any transfer of economic value to or from the Issuer as a result of the replacement of the Index by the Alternative Pre-nominated Index. The Determination Agent may determine that the Adjustment Payment is zero.

  • Delta Payment means as it is described in this Agreement.

  • Earnout Payment has the meaning set forth in Section 2.3(b).

  • Earn-Out Payment has the meaning set forth in Section 2.07(a)(i).

  • Cash Exchange Payment means an amount in cash equal to the product of (i) the number of shares of Class A Common Stock into which the surrendered Paired Interests are exchangeable and (ii) the VWAP of the Class A Common Stock for the five consecutive full Trading Days immediately prior to the date of delivery of the relevant Notice of Exchange.

  • AHYDO Catch-Up Payment means any payment with respect to any obligations of the Borrower or any Restricted Subsidiary, in each case to avoid the application of Section 163(e)(5) of the Code thereto.

  • Minimum Payment means the amount of minimum payment as stated in the Fee Schedule;

  • Escrowed Payment means an aggregate cash payment of up to $250,000;

  • 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.

  • Bond Payment Date means any date on which principal of or interest on any Bond is payable.

  • Deferred Sales Charge Payment Date means October 10, 2013 and the tenth day of each month thereafter through February 10, 2014.

  • Annual Payment The total amount payable to the Settlement Fund Administrator by the Settling Distributors on the Payment Date each year, as calculated by the Settlement Fund Administrator pursuant to Section IV.B.1.e. For the avoidance of doubt, this term does not include the Additional Restitution Amount or amounts paid pursuant to Section X.

  • Reimbursement Payment shall have the meaning given to that term in Subparagraph 2.02(c).

  • PRE-PAYMENT The Tenant shall: (check one)

  • Payment Amount as defined in Section 3.5.

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