TF Order definition
TF Order means each Order with a trade finance component. More specifically, this refers to each Order where the Client instructs Corpay to provide a trade finance Service, whereby Corpay extends credit to the Client via the Client’s TF Account by purchasing or otherwise paying for goods or services from the Client’s supplier or their beneficiary and which satisfies all the following conditions:
28.1.1.1. The Client instructs Corpay to pay a supplier or their beneficiary; and
28.1.1.2. The Client complies with any request from Corpay for evidence of the purpose of the transaction (e.g., an invoice, bill of lading, packing list or other documentary evidence); and
28.1.1.3. The Client agrees to the price Corpay quotes; and
28.1.1.4. The payment is authorised by Corpay after considering any Outstanding Moneys, and the balance of, and any credit limits imposed on, the Client’s TF Account.