第三方付款的协议英文模板.docx

1、第三方付款的协议英文模板ThirdPartyPaymentAgreementThisThirdPartyPaymentAgreement(theAgreement)ismadeandenteredintoasofEffectiveDatebyandbetweenthefollowingparties:PartyA(Payee):CompanyName:CompanyANameRegisteredAddress:AddressofCompanyALegalRepresentative:LegalRepNameofCompanyAContactInformation:ContactDetailso

2、fCompanyAPartyB(Payer):CompanyName:CompanyBNameRegisteredAddress:AddressofCompanyBLegalRepresentative:LegalRepNameofCompanyBContactInformation:ContactDetailsofCompanyBPartyC(ThirdPartyPaymentInstitution):CompanyName:CompanyCNameRegisteredAddress:AddressofCompanyCLegalRepresentative:LegalRepNameofCom

3、panyCContactInformation:ContactDetailsofCompanyCWHEREAS1. PartyAandPartyBhaveenteredintoabusinesstransactionorcontractualrelationship(theUnderlyingTransaction)andhaveagreedthatthepaymentrelatedtotheUnderlyingTransactionwillbemadethroughPartyCzathirdpartypaymentinstitution.2. PartyCisadulylicensedand

4、authorizedpaymentserviceproviderwiththecapabilitiesandresourcestofacilitatethepaymentprocessasdescribedherein.NOW,THEREFORE,inconsiderationofthemutualcovenantsandagreementshereinaftersetforthandforothergoodandvaluableconsideration,thereceiptandsufficiencyofwhichareherebyacknowledged,thepartieshereto

5、agreeasfollows:Article 1: PaymentInstructions1. PartyBherebyauthorizesPartyCtodebittheamountspecifiedinthepaymentinstructions(the,PaymentAmount)fromPartyB,sdesignatedaccountandtransferittoPartyA,saccountasinstructedbyPartyB.ThePaymentAmountshallbeinaccordancewiththetermsandconditionsoftheUnderlyingT

6、ransactionbetweenPartyAandPartyB.2. PartyBshallensurethattherearesufficientfundsinthedesignatedaccounttocoverthePaymentAmountatthetimeofthedebit.Intheeventofinsufficientfunds,PartyCshallhavetherighttorejectthepaymentrequestandnotifybothPartyAandPartyBaccordingly.Article 2: PaymentTermsandTimeline1.

7、ThepaymentshallbemadewithinXbusinessdaysafterPartyBhassubmittedthevalidpaymentinstructionstoPartyCandallnecessaryapprovalsandverificationshavebeencompleted.PartyCshalluseitsreasonableeffortstoexpeditethepaymentprocessandkeepPartyAandPartyBinformedofthepaymentstatus.2. Thepaymentshallbesubjecttotheap

8、plicablefeesandchargesofPartyCasdisclosedinitsfeeschedule.PartyBagreestopaysuchfeesandchargesinaccordancewithPartyC,srequirements.PartyAandPartyBacknowledgethatthefeesandchargesmaybedeductedfromthePaymentAmountbeforeitistransferredtoPartyA,saccount.Article 3: RepresentationsandWarranties1. PartyArep

9、resentsandwarrantsthatithasthelegalrightandauthoritytoreceivethepaymentandthattheinformationprovidedtoPartyBandPartyCregardingthepaymentdetailsanditsaccountisaccurateandcomplete.2. PartyBrepresentsandwarrantsthatithasthelegalrightandobligationtomakethepaymentunderthetermsoftheUnderlyingTransactionan

10、dthatthefundstobeusedforthepaymentareobtainedlegallyandarefreefromanyliens,encumbrances,ordisputes.3. PartyCrepresentsandwarrantsthatitisdulylicensedandregulatedtoprovidethepaymentservicescontemplatedhereinandthatitwillcomplywithallapplicablelaws,regulations,andindustrystandardsintheperformanceofits

11、obligationsunderthisAgreement.Article 4: Confidentiality1. ThepartiesheretoagreetokeepconfidentialallinformationanddataexchangedorobtainedinconnectionwiththisAgreementandthepaymentprocess.SuchconfidentialityobligationsshallsurvivetheterminationofthisAgreementforaperiodofXyears.2. Notwithstandingthea

12、bove,thepartiesmaydisclosesuchinformationasrequiredbylaw,regulatoryauthorities,orinconnectionwithalegalproceeding.However;thedisclosingpartyshallnotifytheotherpartiesinwritingassoonasreasonablypracticablepriortosuchdisclosure.Article 5: Indemnification1. PartyBshallindemnifyandholdharmlessPartyAandP

13、artyCfromandagainstanyandallclaims,losses,damages,liabilities,costs,andexpenses(includingbutnotlimitedtoattorneys1feesandcourtcosts)arisingoutoforinconnectionwithanybreachofthisAgreementbyPartyBzincludingbutnotlimitedtoanyincorrectorunauthorizedpaymentinstructions,insufficientfunds,oranyotheractorom

14、issionofPartyB.2. PartyAshallindemnifyandholdharmlessPartyBandPartyCfromandagainstanyandallclaims,losses,damages,liabilities,costs,andexpensesarisingoutoforinconnectionwithanybreachofthisAgreementbyPartyA,includingbutnotlimitedtoanymisrepresentationorwarrantyregardingthepaymentdetailsoritsaccount,or

15、anyotheractoromissionofPartyA.3. PartyCshallindemnifyandholdharmlessPartyAandPartyBfromandagainstanyandallclaims,losses,damages,liabilities,costs,andexpensesarisingoutoforinconnectionwithanybreachofthisAgreementbyPartyC,includingbutnotlimitedtoanyfailuretoperformitspaymentservicesinaccordancewiththi

16、sAgreement,anysecuritybreachorlossofpaymentdata,oranyotheractoromissionofPartyC.Article 6: Termination1. ThisAgreementmaybeterminatedbymutualwrittenagreementoftheparties.2. Inaddition,eitherPartyAorPartyBmayterminatethisAgreementuponwrittennoticetotheotherpartiesiftheotherpartymateriallybreachesthis

17、AgreementandfailstocuresuchbreachwithinXdaysafterreceivingwrittennoticethereof.3. UponterminationofthisAgreement,thepartiesshallcooperateingoodfaithtocompleteanyoutstandingpaymentobligationsandtoreturnordestroyanyconfidentialinformationintheirpossession.Article 7: GoverningLawandDisputeResolution1.

18、ThisAgreementshallbegovernedbyandconstruedinaccordancewiththelawsofJurisdiction.2. Anydispute,controversy,orclaimarisingoutoforinconnectionwiththisAgreementshallbefirstsubmittedtoamicablenegotiationbetweentheparties.IfthenegotiationfailstoresolvethedisputewithinXdays,thedisputeshallbefinallyresolved

19、byarbitrationinaccordancewiththearbitrationrulesofArbitrationInstitution.ThearbitrationshalltakeplaceinArbitrationLocation,andthelanguageofthearbitrationshallbeLanguage.Thearbitralawardshallbefinalandbindingupontheparties.Article 8: Miscellaneous1. ThisAgreementconstitutestheentireagreementbetweenth

20、epartieswithrespecttothesubjectmatterhereofandsupersedesallpriorandcontemporaneousagreements,understandings,negotiations,anddiscussions,whetheroralorwritten.2. AnyamendmentormodificationtothisAgreementshallbeinwritingandsignedbyallpartieshereto.3. ThisAgreementmaybeexecutedincounterparts,eachofwhich

21、shallbedeemedanoriginal,butallofwhichtogethershallconstituteoneandthesameinstrument.4. TheheadingsandcaptionsusedinthisAgreementareforconvenienceonlyandshallnotbeconstruedtolimitorotherwiseaffectthemeaningorinterpretationoftheprovisionsherein.INWITNESSWHEREOF,thepartiesheretohavecausedthisThirdPartyPaymentAgreementtobedulyexecutedasoftheEffectiveDatefirstabovewritten.PartyA(Payee):Signature:Name:Title:Date:PartyB(Payer):Signature:Name:Title:Date:PartyC(ThirdPartyPaymentInstitution):Signature:Name:Title:Date: