Recurring Payment Instruction definition

Recurring Payment Instruction means a Payment Instruction you authorize in advance in Card Center Direct to recur at substantially regular intervals (at least once every 60 days).
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Recurring Payment Instruction means a Payment Instruction that you authorize in advance in Investor Online Direct to recur at substantially regular intervals (at least once every 60 days).
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Examples of Recurring Payment Instruction in a sentence

  • Agreed Payment method Action Where the Agreed Payment Method is Recurring Payment Instruction Vatix will be entitled to take the payment using that method and, on receipt of the payment, Vatix’s authority under the Recurring Payment Instruction for the Subscription will terminate.

  • The Customer is then required to rectify any payment issues within 3 (three) days and update the Recurring Payment Instruction as necessary to facilitate future payments when they become due.

  • If the Agreed Payment Method specified on the Order Form is a Recurring Payment Instruction (e.g., Direct Debit or Credit Card), the Customer grants Vatix permission to automatically collect Fees, Charges, and any other due amounts under the Agreement on a recurring basis.

  • Where the Agreed Payment Method is a Recurring Payment Instruction (Direct Debit or Credit Card), the Customer authorises Vatix to take the Fees and Charges and all other amounts as and when due under the Agreement as a recurring instruction and mandate.

  • Should there be any failure in processing payments through the Recurring Payment Instruction for any reason, Vatix will inform the Customer.

  • When the Customer has agreed to a Recurring Payment Instruction as the payment method agreed on the Order Form and subsequently makes a payment via bank or wire transfer, Vatix reserves the right to levy a charge to cover the additional costs associated with processing the payment.

Related to Recurring Payment Instruction

  • 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).

  • Payment Instructions has the meaning set forth in Section 5.2(a) of the Loan Agreement.

  • Disbursement Instruction Agreement means an agreement substantially in the form of Exhibit M to be executed and delivered by the Borrower pursuant to pursuant to Section 6.1(a)(xi), as the same may be amended, restated or modified from time to time with the prior written approval of the Administrative Agent.

  • Payment instrument means any personalised device(s) and/or set of procedures agreed between the payment service user and the payment service provider and used in order to initiate a payment order;

  • Transfer Agent Instruction Letter means the letter from the Company to the Transfer Agent which instructs the Transfer Agent to issue the Put Shares and the Commitment Shares pursuant to the Transaction Documents, in the form of Exhibit C attached hereto.