Debit Authority Sample Clauses

Debit Authority. In consideration of the State Bank of Pakistan having deposited/invested in (Name of the PIFI) the sum of Rs. (Rupees only) under the Islamic Financing Facility for Renewable Energy, 2019, we hereby authorize SBP to debit our current account being maintained with SBP BSC, (City) for any amount due, as per the rules of Mudarabah, under the schedule1. This authority is irrevocable and effective from (date) and will remain valid and in force till the time it is released in writing by SBP. For & on behalf of (Name of the PIFI): Authorised Signatory 1 Schedule of redemption to be attached with this debit authority(s) DEMAND PROMISSORY NOTE (To be submitted by the PIFI’s Customer ) (To be stamped in accordance with the law in force in respective Province) Place: Date Rs. On demand we (Name of Customer / sponsor of the project) promise to pay to (Name of the PIFI) or order the sum of Rs. / - (Rupees only) for value of financing received plus the profit / rental / return accruing to (Name of the PIFI) in respect of financing made available to us and fine, if any, as laid down by the State Bank of Pakistan under its Islamic Financing Facility for Renewable Energy. (Authorized signature of the Customer) (Name & Seal) Note: - Demand Promissory Note required to be endorsed by the PIFI concerned in favour of its head office/principal office through which Mudarabah investment is being claimed. Witnesses:
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Debit Authority. When the Customer has given a credit card or account debit authority, the Customer agrees and confirms that TR are hereby authorised to debit all fees and charges payable under this agreement to the Customer's card or account, whether owing now or in the future.
Debit Authority. When the Customer has given a credit card or account debit authority, RAT are hereby authorised to debit all fees and charges payable under this agreement to the Customer's card or account, whether owing now or in the future.
Debit Authority. When the Customer has given a credit card or account debit authority, TechRentals are hereby authorised to debit all fees and charges payable under this agreement to the Customer's card or account, whether owing now or in the future.
Debit Authority. In the event the User gives an instruction to Bank, to debit his/her Account for payment of an amount from the Account, the instruction shall be executed on a real time basis unless otherwise specified by Bank, to the User. Hence, the user shall not be able to give any instruction to Bank, to stop the payment from the Account and the amount debited from the Account shall not be reversed back to the Account. However, if the User has scheduled a transaction to be processed on a future date and wishes to cancel the transaction and/or give any instructions to Bank, to stop the payment from the Account, the User shall be required to make such cancellations/give stop payment instructions online one day prior to the scheduled date of the transaction.
Debit Authority. In consideration of the State Bank of Pakistan having deposited/ invested in (Name of the PIBI) the sum of Rs. (Rupees only) under the Islamic SME Asaan Finance (I-SAAF) Scheme, we hereby authorize SBP to debit our current account being maintained with SBP BSC, Karachi for any amount due, as per the rules of Mudarabah, under the schedule1. This authority is irrevocable and effective from (date) and will remain valid and in force till the time it is released in writing by SBP. For & on behalf of (Name of the PIBI): Authorised Signatory 1 Schedule of redemption to be attached with this debit authority(s) DEMAND PROMISSORY NOTE (To be submitted by the PIBI) (To be stamped in accordance with the law in force in respective province) Place: Date Rs. We (name of the PIBI) have been allocated a refinance limit of Rs by State Bank of Pakistan. On demand, we promise to pay to State Bank of Pakistan, Banking Services Corporation, Karachi any amount utilized from the overall allocated limit plus the profit accruing in respect of finances made available to us and fine, if any, as laid down in the Islamic SME Asaan Finance (I-SAAF) Scheme. (Authorized signature of the PIBI) (Name & Seal) Witnesses:
Debit Authority. When the Customer has given a credit card or account debit authority, Nexxis is hereby authorised to debit all fees and charges payable under this Rental Agreement to the Customer's card or account, whether owing now or in the future.
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Debit Authority. When the Customer has given a credit card or account debit authority, Current Projects are hereby authorised to debit all fees and charges payable under this agreement to the Customer's card or account, whether owing now or in the future.
Debit Authority. When the Hirer has given a credit card or account debit authority, TGR is hereby authorised to debit all fees and charges payable under this agreement to the Hirer's card or account, whether owing now or in the future.
Debit Authority. In consideration of the State Bank of Pakistan having deposited/ invested in (Name of the PIFI) the sum of Rs. (Rupees only) under the Islamic Refinance Scheme for Working Capital Financing of Small Enterprises and Low-End Medium Enterprises, we hereby authorize SBP to debit our current account being maintained with SBP BSC, (City) for any amount due, as per the rules of Mudarabah, under the schedule1. This authority is irrevocable and effective from (date) and will remain valid and in force till the time it is released in writing by SBP. For & on behalf of (Name of the PIFI): Authorised Signatory 1 Schedule of redemption to be attached with this debit authority(s) DEMAND PROMISSORY NOTE (To be submitted by the PIFI’s Customer) (To be stamped in accordance with the law in force in respective province) Place: Date Rs. On demand, we (Name of Customer) promise to pay to (Name of the PIFI) or order the sum of Rs. (Rupees only) for value received plus the profit accruing to (Name of the PIFI) in respect of finances made available to us and fine, if any, as laid down in the Islamic Refinance Scheme for Working Capital Financing of Small Enterprises and Low-End Medium Enterprises. (Authorized signature of the Customer) (Name & Seal) Note: - Demand Promissory Note required to be endorsed by the PIFI concerned in favour of its head office/ principal office through which mudarabah investment is being claimed. Witnesses:
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