Debit order definition
Debit order means (at our choice) a standard debit order or an early debit order whereby we instruct your bank to deduct an amount from your bank account and to pay that amount directly over to us on your behalf. The amount deducted will vary every month depending on your monthly instalment and may include any other amounts that may be due to us, from time to time, but will never exceed what is due and payable;
Debit order means (at our choice) a standard debit order, an early debit order to the extent permissible, or a DebiCheck debit order, whereby we instruct your bank to deduct an amount from your bank account and to pay that amount directly over to us on your behalf;
Debit order means any debit order including, but not limited to, any of the following: authenticated early debit order (AEDO), non- authenticated early debit order (NAEDO) or DebiCheck;
Examples of Debit order in a sentence
The tenant may purchase via Debit- Order (Debit my A/C) on the netVendor mobile app provided that the banking details are verified and registered on the netVendor system.
Failure to pay by the 7th of the month entitles Absolute Containers to add the said outstanding funds to the Debit Order run.
More Definitions of Debit order
Debit order means the process whereby the Merchant, in terms of the Debit Order Form, instructs and authorises its Nominated Bank to deduct a fixed or varied amount due by the Merchant from the Merchant's Nominated Bank Account on a weekly basis;
Debit order means a payment method mandated by the Customer to KINTO allowing KINTO to recover the Monthly Rentals and other amounts owing in terms of this Agreement from the Customer’s bank account;
Debit order means (at our choice) a standard debit order whereby we instruct your bank to deduct an amount from your bank account and to pay that amount directly over to us on your behalf. The amount deducted will vary every month depending on your monthly instalment and may include any other amounts that may be due to us, from time to time;
Debit order means an order by a member of the exchange, who is the seller under the exchange transaction, for the performance of the obligation to transfer securities arising from the sales transaction (transfer obligation). Upon the determination of settlement amounts, a debit order shall be treated as a financial claim of the administrator of the securities
Debit order includes an instruction to any financial institution or credit/debit card company to effect payment to Sleek Accounting from the financial institution account of the Main User; If any term or this Agreement is deemed pro non-scripto or invalid and non-binding by any reason whatsoever, the accord embodied herein or the remaining provisions of this Agreement will remain in force and effect as an agreement between the Parties who will all be bound to it until the invalidation is corrected; This Agreement shall be binding on and enforceable by the estates, administrators, assigns, liquidators, curators or other legal representatives of the Parties as fully and effectually as if they had signed this Agreement in the first instance and reference to any Party shall be deemed to include such Party's estate, administrators, assigns, liquidators, curators or other legal representatives, as the case may be; The rule that an ambiguous provision or intention will be interpreted against the Party responsible for the drafting of the Agreement and any similar rules of interpretation shall not apply to this Agreement and the Parties waive any rights they have to rely on such rule; Any provision of this Agreement that contemplates performance or observance subsequent to any termination or expiration of this Agreement shall survive any termination or expiration of this Agreement and continue in full force and effect for the Restricted Period; If any provision in a Definition or Stipulation is a substantive provision that confers rights or impose obligations on any Party, effect shall be given to it as if it were contained as a substantive stipulation in the remaining body of this Agreement;
Debit order means the authorization given to BEE SCORECARD to debit the Bank account of the Audit Firm with the Licence Fee; 'DTI' means the Department of Trade and Industry; 'Effective date' means the date of commencement of this Agreement, which is the date on which the Audit Firm first registers on one of BEE SCORECARD’s websites to use the Service; 'Licence Fee' means the total fee payable by the Audit Firm for use of the Service, consisting of the Registration Fee and the Certification Fee; ’ME’ or ‘Measured Enterprise’ means the business entity undergoing the BEE Rating as defined in the Codes of Good Practice; 'Registration Fee' means the portion of the Licence Fee payable by the Audit Firm upon registering a business entity as a Measured Enterprise on the BEE SCORECARD System, and annually thereafter; 'The Service' means the BEE Rating Service offered by BEE SCORECARD via its web-based user interfaces and applications; 'The System' and ‘BEE Navigator’ means the proprietary web-based application owned by BEE SCORECARD and designed in accordance with the BBBEE Codes of Good Practice and made available to the Audit Firm in terms of this Agreement only.
Debit order mean a reliable and convenient banking service whereby the User is able to pay MOTRACK monthly by giving MOTRACK authority to do so, as indicated in this document and elsewhere