Common use of Execution of Order Clause in Contracts

Execution of Order. Any Order received from Client will be acted upon by Corpay on a commercially reasonable efforts basis only. There is no guarantee by Corpay that an Order can or will be filled (even if a previous, similar Order was filled) or that instructions provided can or will be acted upon. Corpay may reject any Order if: 2.3.1. Corpay determines, in good faith and in its sole discretion, that such Order is unclear or was not authorised by Client or a User; 2.3.2. Corpay determines, in its sole discretion, that the Order may be contrary to law, contrary to prudent business practices, outside Corpay’s risk profile, or would require Corpay to exceed the Facility granted to Client; 2.3.3. Client is Insolvent or in breach of this Agreement or Corpay determines, in its sole discretion, that it may not receive payment from Client in Settlement of the related Order; or 2.3.4. The Order is incorrect, incomplete or unsatisfactory to Corpay for any reason.

Appears in 4 contracts

Sources: Account Application and Agreement, Account Application and Agreement, Account Application and Agreement

Execution of Order. Any Order received from Client will be acted upon by Corpay on a commercially reasonable efforts basis only. There is no guarantee by Corpay that an Order can or will be filled (even if a previous, similar Order was filled) or that instructions provided can or will be acted upon. Corpay may reject any Order if: 2.3.1. Corpay determines, in good faith and in its sole discretion, that such Order is unclear or was not authorised authorized by Client or a User; 2.3.2. Corpay determines, in its sole discretion, that the Order may be contrary to law, contrary to prudent business practices, outside Corpay’s risk profile, or would require Corpay to exceed the Facility granted to Client; 2.3.3. Client is Insolvent or in breach default of this Agreement or Corpay determines, in its sole discretion, that it may not receive payment from Client in Settlement of the related Order; or 2.3.4. The Order is incorrect, incomplete or unsatisfactory to Corpay for any reason.

Appears in 1 contract

Sources: Business Account Application and Agreement