Revocation of Payment Orders Sample Clauses

Revocation of Payment Orders. You may not revoke:
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Revocation of Payment Orders. The Client may not revoke:
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Revocation of Payment Orders. 11.1. A payment order issued by the Client may not be revoked by the latter after it is received by the Bank, or up to one working date before a date specially agreed between the parties.
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Revocation of Payment Orders. A Payment Order is irrevocable from the time of receipt as stated in Article 4. PAYMENT SERVICES CONDITIONS FOR THE NETHERLANDS Page 2 of 3
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Revocation of Payment Orders. The payment service user may not revoke a payment order once it has been received by the payer's payment service provider, unless the second to sixth paragraphs apply. If the payment transaction is initiated by or through the payee, the payer may not revoke the payment order after transmitting the payment order or giving consent to execute the payment transaction to the payee. Notwithstanding the second paragraph, the payer may revoke a payment order in the case of a direct debit at the latest by the end of the business day preceding the day agreed for debiting funds. If the payment service user initiating a payment order and his/her payment service provider agree that execution of the payment order shall start on a specific day, at the end of a certain period or on the day on which the payer has set funds at the payment service provider's disposal, cf. the second paragraph of Art. 59, the payment service user may revoke a payment order at the latest by the end of the business day preceding the agreed day. After the time limits specified in the first to fourth paragraphs, the payment order may only be revoked if agreed between the payment service user and payment service provider. In the case referred to in the second and third paragraphs, the payee's agreement shall furthermore also be required. If agreed in the framework contract, the payment service provider may charge a fee for the revocation of payment orders as provided for in this paragraph. Full or partial derogations may be made from the provisions of the first to fifth paragraphs in a contract if the payment service user is not a consumer.
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Related to Revocation of Payment Orders

  • Manner of Payment All payments due under this Agreement shall be in lawful money of the United States of America in immediately available funds as each party hereto may specify to the other parties; provided, that in the event the Receiver or the Corporation is obligated to make any payment hereunder in the amount of $25,000.00 or less, such payment may be made by check.

  • Condition of Payment All services provided by the Contractor under this Contract must be performed to the State’s reasonable satisfaction, as determined at the discretion of the undersigned State representative and in accordance with all applicable federal, state, local laws, ordinances, rules and regulations. The State shall not be required to pay for work found to be unsatisfactory, inconsistent with this Contract or performed in violation of any federal, state or local statute, ordinance, rule or regulation.

  • Effect of Payment Neither approval of an application for payment, a progress payment, release of retainage, final payment, or partial or entire use or occupancy of the Project by the Owner shall constitute acceptance of work not conforming to the Contract Documents, or waiver of the right to assert overpayment.

  • Netting of Payments Subparagraph (ii) of Section 2(c) of this Agreement will apply to Transactions entered into under this Agreement unless otherwise specified in a Confirmation.

  • Termination of Payments Notwithstanding section 2.2, no payments shall be due to Purchaser afler Purchaser has received an aggregate amount under this Note, including payments made by the Company pursuant to section 2.3, equal to (i) the Principal Amount (as defined in the Investor Information Sheet above), multiplied by (ii) the Maximum Payment Multiple. We refer to the result of this multiplication as the “Maximum Payment Amount.”

  • Application of Payment The monthly housing assistance payment shall be credited against the monthly rent to owner for the contract unit.

  • Restriction of payment An employee shall not be entitled to payment for inclement weather as provided for in this clause unless the employee remains on the job until the provisions set out in this clause have been observed.

  • Timing of Payments All payments of Expenses (including without limitation Expense Advances) by the Company to the Indemnitee pursuant to this Agreement shall be made to the fullest extent permitted by law as soon as practicable after written demand by Indemnitee therefor is presented to the Company, but in no event later than thirty (30) business days after such written demand by Indemnitee is presented to the Company, except in the case of Expense Advances, which shall be made no later than ten (10) business days after such written demand by Indemnitee is presented to the Company.

  • Timing of Payment Notwithstanding anything herein to the contrary, if the date on which any payment is to be made pursuant to this Indenture or the Notes is not a Business Day, the payment otherwise payable on such date shall be payable on the next succeeding Business Day with the same force and effect as if made on such scheduled date and (provided such payment is made on such succeeding Business Day) no interest shall accrue on the amount of such payment from and after such scheduled date to the time of such payment on such next succeeding Business Day and the amount of any such payment that is an interest payment will reflect accrual only through the original payment date and not through the next succeeding Business Day.

  • Application of Payments Landlord shall have the right to apply payments received from Tenant pursuant to this Lease, regardless of Tenant’s designation of such payments, to satisfy any obligations of Tenant hereunder, in such order and amounts as Landlord, in its sole discretion, may elect.

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