Common use of Recipient Clause in Contracts

Recipient. a natural (private) or legal person indicated in the Payment order as a recipient of the Payment operation.

Appears in 11 contracts

Sources: General Payment Service Agreement, Payment Service Agreement, General Payment Service Agreement

Recipient. a natural (private) or legal person who receives (or intends to receive) Funds and is indicated in the Payment order Order as a recipient Recipient of the Payment operationPayment.

Appears in 2 contracts

Sources: General Payment Services Agreement, General Payment Services Agreement

Recipient. a natural (private) or legal person who receives (or intends to receive) Funds and is indicated in the Payment order as a recipient Recipient of the Payment operationPayment.

Appears in 2 contracts

Sources: General Payment Services Agreement, General Payment Services Agreement