Payment Direction definition

Payment Direction shall have the meaning given to it in Section 2.1(e)(i)(3) hereof.

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Payment Direction means a payment or transfer instruction submitted to the Tyro App for payment or transfer from the Tyro Bank Account to an account with another Australian ADI or to a BPAY Biller that has been:

Payment Direction shall have the meaning set forth in Section 2.06(b).

Examples of Payment Direction in a sentence

• Tenant shall comply with any Rent Payment Direction notwithstanding any contrary instruction, direction or assertion from Landlord.

• If an Individual Property shall Go Dark, the Master Lessee shall nonetheless be required to make into the Holding Account without reduction the full Master Lease Rent payment as and when required under the Master Lease and the Rent Payment Direction Letter with respect to all Individual Properties.

• Tenant shall be entitled to rely on any Rent Payment Direction, and Landlord irrevocably directs Tenant to comply with any Rent Payment Direction, notwithstanding any contrary direction, instruction, or assertion by Landlord.

• If an Individual Property shall Go Dark, the Master Lessee shall nonetheless be required to make into the Holding Account without reduction the full Master Lease Rent payment as and when required under the Master Lease and the Master Lease Rent Payment Direction Letter with respect to all Individual Properties.

• Pursuant to the Master Lease and the Master Lease Rent Payment Direction Letter all Master Lease Scheduled Rent shall at all times during the term of the Loan be made directly to the Holding Account, and none of the foregoing payments of Master Lease Rent shall be deemed made until such payment has been deposited into the Holding Account.

More Definitions of Payment Direction

Payment Direction means (i) in respect of any Lock-box Account, the Irrevocable Payment Direction in the form of Exhibit G-1 hereto, from ADT to the applicable Lock-box Bank, as consented and agreed to by the applicable Lock-box Bank and acknowledged by the Collateral Agent, (ii) in respect of any Collection Account, the Irrevocable Payment Direction in substantially the form of Exhibit G-2 hereto from ADT to the applicable account bank, as consented and agreed to by such account bank and acknowledged by the Collateral Agent, and (iii) in respect of the Omnibus Account, the Irrevocable Payment Direction in the form of Exhibit G-3 hereto, from ADT to the account bank of maintaining such account, as consented and agreed to by such account bank and acknowledged by the Collateral Agent.

Payment Direction means the payment direction in the form attached at Schedule 1.1(ff);

Payment Direction has the meaning set forth in Section 2.03(e).

Payment Direction means a direction to pay authorising the Principal to

Payment Direction means a written communication in which one Party

Payment Direction means the letter of direction, the assignments or other instructions directing each Underlying Royalty Distributor (who collects any Relevant Royalty Payments derived from the listed Royalty Interest) to pay to ANote the Relevant Royalty Payments for the full Listing Term.

Payment Direction means the payment direction dated as of the Closing Date executed by the Borrower and delivered to the Agent, pursuant to which the Borrower shall irrevocably authorize and direct the Agent to allocate the funds from the first Advance to occur on the Closing Date.