Common use of Submission of Payment Orders Clause in Contracts

Submission of Payment Orders. A Payment Order will be deemed to be submitted once it is inputted and authorised as prompted on the Platform. If the Payment Account requires joint signatory rights to process payments the Payment Order will be deemed to have been submitted to Finductive for processing once the authorised signatories have authorised the Payment Order.

Submission of Payment Orders. A Payment Order will be deemed to be submitted once it is inputted and authorised as prompted on the Platform. If the Payment Account requires joint signatory rights to process payments the Payment Order will be deemed to have been submitted to Finductive for processing once the authorised signatories have authorised the Payment Order.