KEMBAR78
Payout Source Transfer | PDF | Office Of Foreign Assets Control | Legal Liability
0% found this document useful (0 votes)
114 views2 pages

Payout Source Transfer

Meta Platforms, Inc. requires an acknowledgment for the transfer of Payout Source ownership between financial administrators, detailing the responsibilities of both the Transferor and Recipient. The document outlines the transfer instructions, representations regarding compliance with sanctions, and the lack of liability for Meta in relation to the transfer. It also includes sections for identification of both parties and the specific Payout Sources being transferred.

Uploaded by

charan86660
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
0% found this document useful (0 votes)
114 views2 pages

Payout Source Transfer

Meta Platforms, Inc. requires an acknowledgment for the transfer of Payout Source ownership between financial administrators, detailing the responsibilities of both the Transferor and Recipient. The document outlines the transfer instructions, representations regarding compliance with sanctions, and the lack of liability for Meta in relation to the transfer. It also includes sections for identification of both parties and the specific Payout Sources being transferred.

Uploaded by

charan86660
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 2

META

PAYOUT SOURCE TRANSFER ACKNOWLEDGEMENT

Meta Platforms, Inc. (f/k/a Facebook, Inc.) requires acknowledgment of the following (this
“Acknowledgment”), prior to transferring Payout Source(s) ownership from one financial administrator to
another:
1. Transfer of the Payout Source. charandas mahelvanshi 828661204841158 (“Transferor - Payout Account
Name”) and charandas mahelvanshi 9380943372016735 (“Recipient - Payout Account Name”) acknowledge
and certify to Meta Platforms, Inc. (“Meta”) that for good and valuable consideration, Transferor has assigned
all of its right, title and interest in and to the Payout Source(s) set forth on Exhibit A to Recipient.

2. Transfer Instructions. Transferor and Recipient hereby authorize and instruct Meta to:

(a) take all action necessary to remove Transferor as the registered owner of the Payout Source(s) on the
Meta platform; and

(b) take all action necessary to register Recipient as the registered owner of the Payout Source(s) on the
Meta platform.

3. Representation and Warranty. Transferor and Recipient each represent and warrant that:

(a) Meta may rely without additional inquiry on the instructions set forth herein and can lawfully carry out the
terms of this Acknowledgement without the consent, approval, authorization or other permission of any third
party;

(b) It is not (i) the target of any economic or trade sanctions or restrictions administered or enforced by the
United States (including the Office of Foreign Assets Control of the U.S. Department of the Treasury
(“OFAC”), the U.S. Department of State, and the U.S. Department of Commerce), the United Nations, the
European Union or the United Kingdom (hereafter “Sanctions”); (ii) located, organized, or ordinarily resident in
any country or territory subject to comprehensive Sanctions; (iii) or owned or controlled (as defined in the
relevant Sanctions) by a person(s) described in paragraph (i) or (ii), as a result of which such owned or
controlled person(s) are subject to the same prohibitions or restrictions as the person described in paragraph
(i) or (ii); and

(c) the instructions set forth in this Acknowledgement are in compliance with Sanctions and do not evade or
avoid, have the purpose of evading or avoiding, cause a violation of, or attempt to violate Sanctions.

4. No Meta Warranty or Liability. Transferor and Recipient acknowledge that Meta bears no responsibility and
will not have any direct or indirect liability to transferor, transferee, or third parties for any losses, damages or
other issues Transferor, Recipient, or third parties may have or incur as a result of or arising from the Meta’s
compliance with the instructions given in this Acknowledgement or any other matter related to this
Acknowledgment. TRANSFEROR AND RECIPIENT ACKNOWLEDGE AND AGREE THAT META’S
COMPLIANCE WITH THE INSTRUCTIONS GIVEN IN THIS ACKNOWLEDGEMENT AND PERFORMANCE

HEREUNDER WILL BE PROVIDED ON AN “AS-IS” BASIS AND WITHOUT ANY EXPRESS OR IMPLIED
WARRANTIES BEING GIVEN BY META, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES
OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, INTEROPERABILITY
AND NON-INFRINGEMENT.

5. Meta Held Harmless. Transferor and Recipient agree to hold Meta, its affiliates, directors, officers,
employees, agents, and representatives harmless from any and all claims, damages, expenses, suits, losses,
or liabilities arising from, related to, or in connection with this Acknowledgement.

[Signature Page Follows]


Part 1 - Identification of Transferor
● Must be signed by the Financial Administrator Registered with Meta, the signature must be handwritten or placed using a valid electronic
signature tool

1 Transferor Payout Account ID: 828661204841158


● Payout account ID which is transferring the page/application

2 Transferor Payout Account Name: charandas mahelvanshi


● Must match Transferor’s company name on file

3 Financial Administrator Name: charandas mahelvanshi & page safar explore vlogs
● Must match User account name of who is transferring the page/application

4 Transferor’s signature and date

Sign Here -> 06-03-2025


Financial Administrator’s Signature Date(MM-DD-YYYY)

Part 2 - Identification of Recipient


● Must be signed by the Financial Administrator Registered with Meta, the signature must be handwritten or placed using a valid electronic
signature tool

5 Recipient Payout Account ID: 9380943372016735


● Payout account ID which is receiving the page/application

6 Recipient Payout Account Name: charandas mahelvanshi


● Must match Recipient’s company name on file

7 Financial Administrator Name: charandas mahelvanshi


● Must match the User Account Name of who is receiving the page/application

8 Recipient’s signature and date

Sign Here -> 06-03-2025


Financial Administrator’s Signature Date(MM-DD-YYYY)

Part 3 - Identification of Payout Sources (pages / applications to be transferred)

EXHIBIT A - PAYOUT SOURCES

9 Transferor Payout Account ID : 828661204841158 10 Recipient Payout Account ID: 9380943372016735

12 Payout Source ID 13 Product type


11 Payout Source Name (pages/applications name) (pages/applications ID)

Safar explore vlogs 107082905128583 bonus

stars

charandas mahelvanshi (profile) stars

ads on reels

In stream ads

subscription

You might also like