Multiple Payment Order definition

Multiple Payment Order means a number of payment orders placed by means of a single electronic form in the Direct Banking Services application or, if appropriate, in the data format defined by the Bank in the Direct Banking Services Manual;

Related to Multiple Payment Order

  • Payment Order means an instruction of a sender to a receiving bank, transmitted orally, electronically, or in writing, to pay, or to cause another bank to pay, a fixed or determinable amount of money to a beneficiary if the following apply:

  • Settlement Payment means the transfer, or contractual undertaking (including by automated clearing house transaction) to effect a transfer, of cash or other property to effect a Settlement.

  • Agreement Payment means a Payment paid or payable pursuant to this Agreement.

  • Payout Amount means the vested portion of the Final Amount expressed as an amount of cash equal to the Fair Market Value of the shares of Stock underlying the RSUs and related Dividend Equivalents.

  • Entitlement Order shall have the meaning specified in Section 8-102 of the UCC.