Disposition Instruction definition

Disposition Instruction means an instruction to the Bank directing the disposition of the funds in the Deposit Account.
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Disposition Instruction means an instruction to the Bank directing the dis- position of the funds in the Deposit Account.
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Examples of Disposition Instruction in a sentence

  • The Bank will have no duty to inquire into or determine the existence or enforceability of the Debtor’s obligations to the Secured Party or whether, under any separate agreement between the Debtor and the Secured Party, the Debtor’s obligations to the Secured Party are in default, the Debtor may originate a Disposition Instruction or the Secured Party may originate the Initial Instruction or any Disposition Instruction.

  • We also recognize that your obligation to comply with this Disposition Instruction is subject to the other provisions of Section 4(a)(ii) of the General Terms.

  • We recognize that, as a condition to your complying with this Disposition Instruction and to the extent that we have not already done so, we must provide to you evidence reasonably required by you as to the authority of the person giving this Disposition Instruction to act for us.

  • Not including this language does not preclude the Secured Party from subsequently giving a Disposition Instruction.

  • The bracketed language relating to a Disposition Instruction (including funds transfer instructions) is optional.

  • If your Payment Default Option is “Return All,” then we must receive a Pay Request Disposition Instruction by our posted cut-off time on the day that the Suspect List is made available to you, or we will dishonor and return your Suspect Items.

  • A Disposition Instruction originated by the Secured Party must require that the funds be sent to a single recipient.

  • Agent may issue a Cash Sweep Instruction or Cash Disposition Instruction only on or after any date that: an Event of Default shall have occurred and be continuing.

  • A Disposition Instruction originated by the Secured Party must be for a disposition of all of the funds.

  • It will be rightful dishonor if we dishonor an item or Converted Check Entry: (a) when your Payment Default Option is “Return All” and a Suspect Item is not subject to a timely Pay Request Disposition Instruction; or (b) when your Payment Default Option is “Pay All” and the item is subject to a timely Return Request Disposition Instruction.

Related to Disposition Instruction

  • Transaction Instruction means a written order signed by the holder or CDS, entitled to request that one or more actions be taken, or such other form as may be reasonably acceptable to the Warrant Agent, requesting one or more such actions to be taken in respect of an Uncertificated Warrant;

  • Certification Instructions You must cross out item 2 above if you have been notified by the IRS that you are currently subject to backup withholding because you have failed to report all interest and dividends on your tax return.

  • Transfer Instruction is a specific information provided for a transfer to be made that you provide to the Account to Account Transfer Service for a transfer of funds.

  • Transfer Instructions are the information that you provide when using the Service. “Us,” “We,” and “Our” means Credit Union.

  • Direct instruction means any instruction given by the person required to provide the notification or any person controlled by that person within the meaning of Article L. 233-3 of the Commercial Code, stipulating how the management company or the investment service provider should exercise the voting rights under given circumstances;