Submission of Payment Orders Sample Clauses

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Submission of Payment Orders. A Payment Order will be deemed to be submitted once it is inputted and authorised as prompted on the Platform. In order to make a Payment Order, the Account Holder has to provide Finductive with the following information: a) Beneficiary Name b) Beneficiary International Bank Account Number (IBAN) (or account number if resident in non-IBAN countries) c) Bank Identifier Code (BIC) d) Beneficiary Address e) Currency and Value f) Payment description and g) Other supporting documents as requested. All Payment Orders are initiated through the Portal. At the end of the process of a Payment Order on the Portal, the Account Holder will be provided with an irrevocable instruction to sign. This will be the Account Holder’s consent for us to process the Payment Order. Information pertaining to a particular Payment Order, including the applicable fees and charges are available before a payment is made. The Account Holder may however, at any time, make a request to Finductive in order to obtain the following information on an individual Payment Order: a) the maximum execution time b) the charges payable by the Account Holder c) a breakdown of the amounts of the Fees and any charge
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Submission of Payment Orders. A Payment Order will be deemed to be submitted once it is inputted and authorised as prompted on the Platform.
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Submission of Payment Orders. A Payment Order will be deemed to be submitted once it is inputted and authorised as prompted on the Platform. In order to make a Payment Order, the Account Holder has to provide Finductive with the following information: a) Beneficiary Name b) Beneficiary International Bank Account Number (IBAN) (or account number if resident in non-IBAN countries) c) Bank Identifier Code (BIC) d) Beneficiary Address e) Currency and Value f) Payment description and g) Other supporting documents as requested. All Payment Orders are initiated through the Portal. At the end of the process of a Payment Order on the Portal, the Account Holder will be provided with an irrevocable instruction to sign. This will be the Account Holder’s consent for us to process the Payment Order. If the Payment Account requires joint signatory rights to process payments the Payment Order will be deemed to have been submitted to Finductive for processing once the authorised signatories have authorised the Payment Order. Information pertaining to a particular Payment Order, including the applicable fees and charges are available before a payment is made. The Account Holder may however, at any time, make a request to Finductive in order to obtain the following information on an individual Payment Order: a) the maximum execution time b) the charges payable by the Account Holder c) a breakdown of the amounts of the Fees and any charge
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Submission of Payment Orders. A Payment Order will be deemed to be submitted once it is inputted and authorised as prompted on the Platform. All Payment Orders are initiated through the Portal. At the end of the process of a Payment Order on the Portal, the Account Holder will be provided with an irrevocable instruction to sign. This will be the Account Holder’s consent for us to process the Payment Order. If the Payment Account requires joint signatory rights to process payments the Payment Order will be deemed to have been submitted to Finductive for processing once the authorised signatories have authorised the Payment Order. Information pertaining to a particular Payment Order, including the applicable fees and charges are available before a payment is made. The Account Holder may however, at any time, make a request to Finductive in order to obtain the following information on an individual Payment Order: a) the maximum execution time b) the charges payable by the Account Holder c) a breakdown of the amounts of the Fees and any charge
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Submission of Payment Orders. ‌ A Payment Order will be deemed to be submitted once it is inputted and authorised as prompted on the Platform. All Payment Orders are initiated through the Portal. At the end of the process of a Payment Order on the Portal, the Account Holder will be provided with an irrevocable instruction to sign. This will be the Account Holder’s consent for us to process the Payment Order. Information pertaining to a particular Payment Order, including the applicable fees and charges are available before a payment is made. The Account Holder may however, at any time, make a request to Finductive in order to obtain the following information on an individual Payment Order: a) the maximum execution time b) the charges payable by the Account Holder c) a breakdown of the amounts of the Fees and any charge
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Submission of Payment Orders. Payment Orders may be transmitted to us by any means that we approve, including oral, written, or electronic communication. We may transfer funds by using any commercially reasonable funds transfer system, and the transfer may be made in whole or in part through the automated payments network operated by the Federal Reserve System called Fedwire. We are authorized to record electronically all oral Payment Orders and confirmations. Payment of a Payment Order may be made to a person or account on the basis of an identifying number provided by you in the Payment Order even if it identifies a person different from the person named in the Payment Order. If the Payment Order identifies a bank to which the Payment Order is to be issued by an identifying number, we may rely on the number as the proper identification of the other bank even if it identifies a bank different from a bank identified by name in the Payment Order. Payment Orders may be transmitted to us during Business Days when we are open for the receipt, processing and transmittal of Payment Orders and cancellations and amendments of Payment Orders. You agree to not issue a Payment Order that instructs us to execute the Payment Order on a Business Day that is later than the Business Day on which the Payment Order is received by us, and we may execute any Payment Order on the Business Day of its receipt even though it specifies a later execution date, unless we agree to follow such instructions.
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Related to Submission of Payment Orders

  • Coordination of Payments The Company shall not be liable under this Agreement to make any payment of amounts otherwise indemnifiable or payable or reimbursable as Expenses hereunder if and to the extent that Indemnitee has otherwise actually received such payment under any insurance policy, contract, agreement or otherwise.

  • Order of Payment (1) In the event of any insolvency or bankruptcy proceedings, or any receivership, liquidation, reorganization or other similar proceedings relative to the Corporation, or to its property or assets, or in the event of any proceedings for voluntary liquidation, dissolution or voluntary winding-up of the Corporation, whether or not involving insolvency or bankruptcy, or any marshalling of the assets and liabilities of the Corporation: (a) all Secured Indebtedness shall first be paid in full, or provision made for such payment, before any payment is made on account of Debenture Liabilities; (b) any payment or distribution of assets of the Corporation, whether in cash, property or securities, to which the holders of the Debentures or the Trustee on behalf of such holders would be entitled except for the provisions of this Article 5, shall be paid or delivered by the trustee in bankruptcy, receiver, assignee for the benefit of creditors, or other liquidating agent making such payment or distribution, directly to the holders of Secured Indebtedness or their representative or representatives, or to the trustee or trustees under any indenture pursuant to which any instruments evidencing any of such Secured Indebtedness may have been issued, to the extent necessary to pay all Secured Indebtedness in full after giving effect to any concurrent payment or distribution, or provision therefor, to the holders of such Secured Indebtedness; and (c) the Secured Creditors or a receiver or a receiver-manager of the Corporation or of all or part of its assets or any other enforcement agent may sell, mortgage, or otherwise dispose of the Corporation’s assets in whole or in part, free and clear of all Debenture Liabilities and without the approval of the Debentureholders or the Trustee. (2) The rights and priority of the Secured Indebtedness and the subordination pursuant hereto shall not be affected by: (a) the time, sequence or order of creating, granting, executing, delivering of, or registering, perfecting or failing to register or perfect any security notice, caveat, financing statement or other notice in respect of any security securing the Secured Indebtedness (the “Senior Security”); (b) the time or order of the attachment, perfection or crystallization of any security constituted by the Senior Security; (c) the taking of any collection, enforcement or realization proceedings pursuant to the Senior Security; (d) the date of obtaining of any judgment or order of any bankruptcy court or any court administering bankruptcy, insolvency or similar proceedings as to the entitlement of the Secured Creditors, or any of them or the Debentureholders or any of them to any money or property of the Corporation; (e) the failure to exercise any power or remedy reserved to the Secured Creditors under the Senior Security or to insist upon a strict compliance with any terms thereof; (f) whether any Senior Security is now perfected, hereafter ceases to be perfected, is avoidable by any trustee in bankruptcy or like official or is otherwise set aside, invalidated or lapses; (g) the date of giving or failing to give notice to or making demand upon the Corporation; or (h) any other matter whatsoever.