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 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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Examples of Repetitive Payment Order in a sentence

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

  • If Producer holds over after the expiration or earlier termination of the Release Term, such use shall be day-to-day only, and shall not constitute an extension of the Release Term, and in such case the fees for such hold over days shall be payable at a daily rate equal to twice the daily rate set forth in Paragraph 5, above.

  • The utmost care in handling firearms is to be observed at all time.

  • An Authorized Initiator shall mail or fax to Comerica, at the number Comerica provides for such purposes, each Repetitive Payment Order.

  • Customer shall provide to Comerica, in a form acceptable to Comerica, one or more Repetitive Payment Order Templates.

  • Cf. section 3.1.1.3. Table 19 shows the main results after the final adjustments.

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

  • Customer understands and agrees that the signature on the Repetitive Payment Order request of an Authorized Initiator is solely for Comerica’s benefit for use in contacting the Authorized Initiator if any of the data in the Repetitive Payment Order is unreadable or otherwise requires clarification.

  • Each Repetitive Payment Order must include reference to the Constant Repetitive Information (or Repetitive Number, where available) and the dollar amount of the Payment Order.


More Definitions of Repetitive Payment Order

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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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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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;

  • Alternative Compliance Payment or "ACP" means a payment of a certain dollar amount per megawatt hour, which a Retail Electricity Supplier may submit in lieu of supplying the minimum percentage of RECs required under Section 3.3.4 of this Regulation.

  • Note Payment Sequence means the application of Interest Proceeds in accordance with the Interest Proceeds Priority of Payments or the application of Principal Proceeds in accordance with the Principal Proceeds Priority of Payments, as applicable, in the following order:

  • Advance Payments means the payments made by Customer in advance of delivery with respect of an Aircraft pursuant to Section 4.2 of the Purchase Agreement.

  • Incentive Payment means the payment to a STGU, including an AOBC Generation Unit, for RPS class I Renewable Generation Attributes and/or Environmental Attributes produced by these units, calculated pursuant to Section 7.0 below.

  • Discounted Prepayment Determination Date has the meaning set forth in Section 2.05(a)(v)(D)(3).

  • Administrative merits determination means certain notices or findings of labor law violations issued by an enforcement agency following an investigation. An administrative merits determination may be final or be subject to appeal or further review. To determine whether a particular notice or finding is covered by this definition, it is necessary to consult section II.B. in the DOL Guidance.

  • Advance directive means a document that contains a health care instruction or a power of attorney for health care.

  • Note Payment Account means the account established and maintained as such pursuant to Section 4.1(b).

  • Availability Incentive Payments has the meaning set forth in the CAISO Tariff.

  • Authorized emergency vehicle means any of the following:

  • Stage-Four Advanced, Metastatic Cancer means a cancer that has spread from the primary or original site of the cancer to nearby tissues, lymph nodes, or other areas or parts of the body.

  • Annual Debt Service as of any date means the maximum amount which is expensed in any 12-month period for interest on Debt of the Company and its Subsidiaries.

  • Annual Payment The total amount payable to the Settlement Fund Administrator by the Settling Distributors on the Payment Date each year, as calculated by the Settlement Fund Administrator pursuant to Section IV.B.1.e. For the avoidance of doubt, this term does not include the Additional Restitution Amount or amounts paid pursuant to Section X.

  • Solar alternative compliance payment or "SACP" means a

  • Advanced emergency medical technician or “AEMT” means an individual who has successfully completed a course of study based on the United States Department of Transportation’s Advanced Emergency Medical Technician Instructional Guidelines (January 2009), has passed the psychomotor and cognitive examinations for the AEMT, and is currently certified by the department as an AEMT.

  • PURCHASE PAYMENTS [We reserve the right to reject any Purchase Payment.] Minimum Subsequent Purchase Payment: [$500 for both Non-Qualified and Qualified, unless you have elected an automatic sweep program.]