Payment Instruction definition

Payment Instruction has the meaning set forth in Section 1.4.
Payment Instruction means an instruction substantially in the form of Exhibit A, or such other form as the Issuer may determine, as the same may be supplemented as set forth in the related Indenture Supplement.
Payment Instruction means an Instruction to pay money or otherwise to debit or credit any of the Accounts with any amount;

Examples of Payment Instruction in a sentence

  • In certain circumstances, our Service Provider may either advance funds drawn on their corporate account or via an electronic debit, and in such circumstances will attempt to debit the Eligible Transaction Account a second time to complete the Payment Instruction.

  • If the Payment Instruction cannot be completed for any reason associated with your Eligible Transaction Account (for example, there are insufficient funds in your Eligible Transaction Account, or the Payment Instruction would exceed the credit or overdraft protection limit of your Eligible Transaction Account, to cover the payment), the Payment Instruction may or may not be completed.

  • You acknowledge and agree that any applicable fees will be charged when we receive a Payment Instruction from you, regardless of whether the Payment Instruction is ultimately completed.

  • You may be assessed a late fee equal to one and a half percent (1.5%) of any unpaid amounts plus costs of collection by our Service Provider or their third-party contractor if the Payment Instruction cannot be debited because you have insufficient funds in your Eligible Transaction Account, or the transaction would exceed the credit or overdraft protection limit of your Eligible Transaction Account, to cover the payment, or if the funds cannot otherwise be collected from you.

  • Circumstances beyond our control (such as, but not limited to, fire, flood, network or system down time, issues with the financial institution, or interference from an outside force) prevent the proper execution of the Payment Instruction.


More Definitions of Payment Instruction

Payment Instruction or ‘AS payment instruction’ means a credit instruction or a debit instruction,
Payment Instruction means with respect to any Series of Notes, an instruction, the form of which is attached as an exhibit to the related Indenture Supplement.
Payment Instruction means banking payments on behalf of a Customer which may include, but are not limited to bank cheques, bank drafts and telegraphic transfers.
Payment Instruction is the information provided by you to the Bill Payment Service for a payment to be made to the Xxxxxx (such as, but not limited to, Xxxxxx name, Xxxxxx account number, and Debit Date).
Payment Instruction has the meaning specified in the Indenture.
Payment Instruction is the information provided by you to the Credit Union for a xxxx payment to be made to the Payee (such as, but not limited to, Payee name, Payee account number, and Scheduled Payment Date).
Payment Instruction means, with respect to any Series of Notes, the instructions substantially in the form of Exhibit C, as the same may be supplemented as set forth in the related Indenture Supplement.