Payment Instruction definition

Payment Instruction is as defined in Section 36 of the General Terms, and is further defined as the information provided by you to the Service for a bill payment to be made to the ▇▇▇▇▇▇ (such as, but not limited to, ▇▇▇▇▇▇ name, ▇▇▇▇▇▇ account number, and Scheduled Payment Date).

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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

• When we receive a Payment Instruction from you, you authorize us to debit your Eligible Transaction Account for the amount of any such Payment Instruction plus any related fees in effect (and as disclosed on the Site) at the time you initiate the Payment Instruction, and to remit funds on your behalf.

• 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.

• You also authorize us to credit your Eligible Transaction Account for the receipt of payments, including, but not limited to, those payments returned to us from Receivers to whom you sent payment(s) and those payments that were cancelled and returned to you because the processing of the Payment Instruction could not be completed.

• Immediately following your discovery of an unauthorized Payment Instruction, you shall communicate with customer care for the Service in the manner set forth in Section 6 of the General Terms above.

More Definitions of Payment Instruction

Payment Instruction has the meaning set forth in Section 1.4.

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 or ‘AS payment instruction’ means a credit instruction or a debit instruction,

Payment Instruction has the meaning specified in the Indenture.

Payment Instruction means an unconditional instruction issued by a Customer transmitted electronically to the Bank to effect a funds transfer for a certain sum of money expressed in Indian rupees, to the designated account of a designated beneficiary by debiting the account maintained with the Bank.

Payment Instruction is the information you provide to the Service to make a ▇▇▇▇ payment to a ▇▇▇▇▇▇ (such as, but not limited to, the ▇▇▇▇▇▇’▇ name, ▇▇▇▇▇▇’▇ account number, payment amount, Payment Account, and Scheduled Payment Date).

Payment Instruction is the information provided by you to the Bill Payment Service for a payment to be made to the ▇▇▇▇▇▇ (such as, but not limited to, ▇▇▇▇▇▇ name, ▇▇▇▇▇▇ account number, and Debit Date).