Examples of Unauthorised Payment in a sentence
Notwithstanding the aforesaid, if the funds for Unauthorised Payment Instruction or Fraudulent Payment Instruction cannot be recovered or fully recovered, it will be deemed an Unrecoverable Loss.
Additional Costs means (a) any costs or charges incurred by GoCardless in respect of any Unauthorised Payment Orders or Incorrectly Executed Payment Orders; and (b) any costs or fees incurred by GoCardless in relation to the cancellation or failure of any Payment Orders, in each case other than as a result of fault or failure of GoCardless.
Notwithstanding the aforesaid, if the funds for any Unauthorised Payment Instruction or Fraudulent Payment Instruction cannot be recovered or fully recovered, it will be deemed an Unrecoverable Loss.
The decision to refuse an investment proposal will not be exercised unreasonably and will normally be taken in order to: • ensure all investments are and remain investments listed in the Permitted Investments Schedule; • protect the Scheme from Unauthorised Payment tax charges; • ensure no investment is held in the Scheme that might, in our opinion, limit or restrict in any way our ability to administer the Scheme.
The Representative acknowledges and agrees that if the Client suffers and incurs any loss and costs directly or indirectly as a result of an Unauthorised Payment, that the Representative is liable for that loss and costs.