Repetitive Payment Order definition

Repetitive Payment Order means Beneficiary Bank and account information stored on Bank’s Wire Transfer System and accessible via a Repetitive Transfer Number that Customer can use to send payments to one or more designated Beneficiaries on a recurring basis.
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Repetitive Payment Order means a payment order which conforms in all respects with a Repetitive Payment Order Setup Instruction.
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Repetitive Payment Order means a template for a series of Payment Orders that contain most of the same information but each of which must be individually initiated by Member.
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Examples of Repetitive Payment Order in a sentence

  • The Fund will execute all documentation required by the Custodian, including a separate Preauthorized Repetitive Payment Order (PPO) form.

  • The Client acknowledges that prior to the issuance of any repetitive payment order, an Authorized Person must (a) request that BBH approve and set-up an appropriate repetitive payment order, and (b) complete such documentation as BBH may require, including a separate Preauthorized Repetitive Payment Order (PPO) form.

  • The Trust will execute all documentation required by the Custodian, including a separate Preauthorized Repetitive Payment Order (PPO) form.

  • The Trust and the Sponsor will execute all documentation required by the Custodian, including a separate Preauthorized Repetitive Payment Order (PPO) form.

  • The Fund or Company will execute all documentation required by the Custodian, including a separate Preauthorized Repetitive Payment Order (PPO) form.

  • Any Customer account that is designated in a Non-Repetitive Payment Order that Comerica is to debit for the Wire Transfer instructions, including the amount of the Non- Repetitive Payment Order and applicable fees.

  • The Client acknowledges that prior to the issuance of any repetitive payment order, an Authorized Person must (a) request that BBH approve and set-up an appropriate repetitive payment order, and (b) complete such documentation as BBH may require, including a separate Preauthorized Repetitive Payment Order (“PPO”) form.

  • The Fund will execute all documentation required by the Custodian, including a separate Preauthorized Repetitive Payment Order (“PPO”) form.

  • Each Fund will execute all documentation required by the Custodian, including a separate Preauthorized Repetitive Payment Order (PPO) form.

  • The Company will execute all documentation required by the Custodian, including a separate Preauthorized Repetitive Payment Order (PPO) form.


More Definitions of Repetitive Payment Order

Repetitive Payment Order means a Payment Order issued on a regular basis by using a confidential code number andrelatingtothe same Beneficiaryandthesame account maintainedbyorforthebenefit of such Beneficiary at the Beneficiary’s Bank.
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Repetitive Payment Order means a Payment Order on file with Bank that consists of a fixed set of data (other than payment amount) and to which Bank has assigned an alphanumeric code.
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Related to Repetitive Payment Order

  • Advance Payment shall have the meaning set forth in Clause 19.2; “Affected Party” shall have the meaning set forth in Clause 21.1;

  • Stage Payment Statement shall have the meaning set forth in Clause 19.4; “Structures” means an elevated road or a flyover, as the case may be;