Authorised Instruction definition
Examples of Authorised Instruction in a sentence
Notwithstanding the foregoing, an Authorised Instruction to cancel, revoke, amend or otherwise supersede a prior Authorised Instruction may be ineffective should RBCIS already have acted, in any way, on such previous Authorised Instruction.
For greater certainty, RBCIS is not obligated to act upon any Authorised Instruction and, notwithstanding any provision herein to the contrary, shall have the sole discretion to act upon the Authorised Instructions.
The Customer understands that it may revoke this standing Authorised Instruction (which revocation shall be made in writing) without affecting its overall Standing Mandate Trading Instruction.
The Custodian is under no duty to question any Authorised Instruction.
In this regard, the Customer authorises and instructs ▇▇▇▇▇ (as a standing Authorised Instruction hereunder) to hold execution (where appropriate) and to execute all securities related FX Transactions instructed by the Customer under a Standing Mandate Trading Instruction as Spot FX Transactions (as defined herein).
Following receipt of an Authorised Instruction, Worldpay shall promptly execute the relevant Outward Payment subject to the provisions of this paragraph 3.
Following receipt of an Authorised Instruction, we will only execute the relevant Outward Payment PROVIDED THAT sufficient funds are available in the relevant Worldpay Customer Alternative Payment Account for the completion of the relevant transaction and the payment of the applicable Fees.
Any communication (other than an Authorised Instruction) transmitted via Automated Systems (as defined in Section 9.1 below) shall be deemed to have been given on the Business Day it is transmitted provided that it was transmitted before 4:00 pm and, if received after such time, it shall be deemed to have been given and received on the Business Day following the day of transmission provided in each case that confirmation of transmission is available from the party transmitting the communication.
You may provide Worldpay with a standing Authorised Instruction to execute Outward Payments in respect of certain Alternative Payment Methods, and Worldpay shall execute such Outward Payments in accordance with such Authorised Instructions or as otherwise agreed between the Parties.
The Custodian may in its sole discretion decline to act upon any instruction (whether or not an Authorised Instruction) which is insufficient, incomplete or is not received by the Custodian in sufficient time for the Custodian to act upon or which may breach any applicable law, rule or regulation.