Payment Center definition

Payment Center is obliged:

Payment Center has the right to:

Payment Center has the right to request from the Client at any time, and the Client is obliged to provide the “Payment Center” with relevant documents confirming the information provided by the Client to the “Payment Center”, as well as documents explaining the economic meaning of the committed transactions, sources of funds.

Examples of Payment Center in a sentence

• If Center's office has not received payment from Parent for the monthly fee on or before the fifth (5th) day of the month ("Overdue Payment"), Center will remove the 5% discount applied to account and charge a late payment fee (please reference the rate sheet for charge amount) and Center may refuse to admit Child to Center's program each day until Parent makes such Overdue Payment in full.

• If Center's office has not received payment from Parent for the weekly fee on or before the third (3rd) day after payment of such fee is due ("Overdue Payment"), Center will charge a late payment fee (please reference the rate sheet for charge amount) and Center may refuse to admit Child to Center's program each day until Parent makes such Overdue Payment in full.

• Hereinafter the Payment Center and the Company shall be collectively referred to as the “Parties” and separately as the “Party”.

• The offer shall be valid until it is withdrawn by the Payment Center.

• The Payment Center Obligation shall be accounted and performed separately for each of the Transfer currencies.

More Definitions of Payment Center

Payment Center means the business site of any agent, subagent, or other partner affiliated with the Alliance Partner, at which the payouts for Money Transfer Transactions by the Cash Receipt Method are handled.

Payment Center has the right not to serve the Client without explaining the reasons, including if the parameters of the operation do not correspond the established by the “Payment Center”, and/or the Bank issuing the Card, and/or the payment system processing the operation, and/or the applicable legislation restrictions on the amounts and/or the number of operations on the Cards, in case of identification of the operations of the Client, containing signs of unusual transactions or bearing reputational and/or financial risks for the ”Payment Center”, as well as if the ”Payment Center” had suspicions that the operation is carried out with violation of requirements of the legislation of the Russian Federation and/or the rules of the relevant payment system.

Payment Center has the right to unilaterally amend the Agreement at any time by posting the relevant information on the website xxx.xxxx.xx, by amending and approving the new version of the Agreement. These changes take effect on the day they are published on the website xxx.xxxx.xx, unless a different date for their entry into force is specified by the “Payment Center”.

Payment Center details Full name: Credit Union “Payment Center” (Limited Liability Company) Abbreviated name: Credit Union “Payment Center” Ltd Legal address: Xxxxxx xxxxxx 00, Xxxxxxxxxxx, Xxxxxx, 000000 Mailing address: Xxxxxxxxxxx xxxxxx, 0, Xxxxxxxxxxx, Xxxxxx, 000000 INN 2225031594 Correspondent account № 30103810100000000832 in Siberian Main Department of Bank of Russia

Payment Center means any center of an agent, sub-agent or any other person affiliated with the Bank's Alliance Partner that handles the payment-related operations for money transfer transactions through this Service.

Payment Center means a retail outlet or other company that accepts payments from Obligors in respect of Receivables, provided that (i) such outlet or entity has been instructed to deposit such payments on each day to an account of a payment intermediary, and (ii) such payment intermediary shall have agreed to wire such payments on each day to the Collection Account (and to no other account).

Payment Center has the meaning set forth in the Receivables Purchase Agreement.