Originator definition

Originator means the sender of the first payment order in a funds transfer.
Originator and “Originators” have the meaning set forth in the Purchase and Sale Agreement, as the same may be modified from time to time by adding new Originators or removing Originators, in each case with the prior written consent of the Administrative Agent.
Originator has the meaning set forth in the preamble to the Agreement.

Examples of Originator in a sentence

  • Furthermore, when receiving a payment order, we may rely, and any other banks to which the payment order is forwarded may rely, on the bank identification number provided in the payment order even if the identification number identifies a bank different from the bank named by the Originator of the payment order.

  • If we do not receive final settlement, you are hereby notified and agree that we are entitled to a refund of the amount credited to you in connection with the entry, and the party making payment to you (i.e. Originator of the entry) will not be deemed to have paid you the amount of such entry.

  • When receiving a payment order, payment may be made by the Bank, or by other banks, to which the payment order is forwarded, based solely on the account number even if the account number identifies a beneficiary different from the beneficiary named by the Originator of the payment order.

  • For purposes of this clause 24 reference to the Seller, the Selling Agent, the Mortgage Originator, and the MHOA shall in each case be deemed to include a reference to its respective associated entities, directors, trustees, representatives, designated employees and service providers.


More Definitions of Originator

Originator has the meaning set forth in the Sale Agreement.
Originator is defined in the Preamble.
Originator means, with respect to any Receivable, Santander Consumer.
Originator means each Person from time to time party to the Sale Agreement as an Originator.
Originator means either of the following:
Originator means, with respect to any Receivable, either Santander Consumer, CitiFinancial, HSBC or Triad, as applicable, and “Originators” means, together, Santander Consumer, CitiFinancial, HSBC and Triad.
Originator means an entity which: