اَللَّهُمَّ إِنِّي أَسْأَلُكَ مِنْ خَيْرِ مَا سَأَلَكَ مِنْهُ نَبِيُّكَ مُحَمَّدٌ، وَأَعُوذُ بِكَ مِنْ شَرِّ مَا اسْتَعَاذَ مِنْهُ نَبِيُّكَ مُحَمَّدٌ
Transliteration
Allahumma inni as'aluka min khayri ma sa'alaka minhu nabiyyuka Muhammadun, wa a'udhu bika min sharri masta'adha minhu nabiyyuka Muhammad
English meaning
O Allah, I ask You for all the good Your Prophet Muhammad asked of You, and I seek refuge in You from all the evil from which Your Prophet Muhammad sought refuge.
When is it recited?
As a comprehensive supplication.
Source
Tirmidhi, Da'awat 89