Common use of Amending/Canceling a Transaction Clause in Contracts

Amending/Canceling a Transaction. Unless this Agreement or your User Guide provides otherwise, you do not have a right to cancel or amend a payment or transfer instruction (e.g., an ACH payment) once we have received it. If we attempt to reverse a transaction at your request, we assume no liability for any interest or losses that result if the reversal is not effected. Requests to cancel a transaction must state the exact amount (dollars and cents) of the transaction you wish to stop. You agree to indemnify, defend, hold harmless and reimburse us for all expenses, losses, claims, actions, proceedings and damages we incur in effecting or attempting to effect any reversal. You are solely responsible for providing notice to the receiver/beneficiary that a reversal is being transmitted and the reason for the reversal no later than the settlement date of the reversing entry.

Appears in 8 contracts

Samples: Is the Agreement Between Your Company, Online Banking Agreement and Disclosure, Is the Agreement Between Your Company

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Amending/Canceling a Transaction. Unless this Agreement or your User Guide provides Guides provide otherwise, you do not have a right to cancel or amend a payment payment, instruction or transfer instruction (e.g., an ACH payment) other transaction once we have received it. If we attempt to reverse a transaction at your request, we assume no liability for any interest or losses that result if the reversal is not effected. Requests to cancel a transaction must state the exact amount (dollars and cents) of the transaction you wish to stop. You agree to indemnify, defend, hold harmless and reimburse us for all expenses, losses, claims, actions, proceedings and damages we incur in effecting or attempting to effect any reversal, as well as all damages that may arise out of our failure to complete such reversal. You are solely responsible for providing notice to the receiver/beneficiary that a reversal is being transmitted and the reason for the reversal no later than the settlement date of the reversing entry.entry.‌

Appears in 2 contracts

Samples: Business Online Agreement, Business Online Agreement

Amending/Canceling a Transaction. Unless this Agreement or your User Guide provides otherwise, you do not have a right to cancel or amend a payment or transfer instruction (e.g., an ACH payment) once we have received it. If we attempt to reverse a transaction at your request, we assume no liability for any interest or losses that result if the reversal is not effected. Requests to cancel a transaction must state the exact amount (dollars and cents) of the transaction you wish to stop. You agree to indemnify, defend, hold harmless and reimburse us for all expenses, losses, claims, actions, proceedings and damages we incur in effecting or attempting to effect any reversal. You are solely responsible for providing notice to the receiver/beneficiary that a reversal is being transmitted and the reason for the reversal no later than the settlement date of the reversing entry.

Appears in 1 contract

Samples: Electronic Services Agreement and Disclosure

Amending/Canceling a Transaction. Unless this Agreement or your User Guide provides otherwise, you I do not have a right to cancel or amend a payment or transfer instruction (e.g., an ACH payment) once we you have received it. If we you attempt to reverse a transaction at your my request, we you assume no liability for any interest or losses that result if the reversal is not effected. Requests to cancel a transaction must state the exact amount (dollars and cents) of the transaction you I wish to stop. You I agree to indemnify, defend, hold harmless harmless, and reimburse us you for all expenses, losses, claims, actions, proceedings proceedings, and damages we you incur in effecting or attempting to effect any reversal. You are I am solely responsible for providing notice to the receiver/beneficiary that a reversal is being transmitted and the reason for the reversal no later than the settlement date of the reversing entry.

Appears in 1 contract

Samples: Business Account Agreement And

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Amending/Canceling a Transaction. Unless this Agreement or your User Guide provides otherwise, you do not have a right to cancel or amend a payment or transfer instruction (e.g., an ACH payment) once we have received it. If we attempt to reverse a transaction at your request, we assume no liability for any interest dividend or losses that result if the reversal is not effected. Requests to cancel a transaction must state the exact amount (dollars and cents) of the transaction you wish to stop. You agree to indemnify, defend, hold harmless and reimburse us for all expenses, losses, claims, actions, proceedings and damages we incur in effecting or attempting to effect any reversal. You are solely responsible for providing notice to the receiver/beneficiary that a reversal is being transmitted and the reason for the reversal no later than the settlement date of the reversing entry.

Appears in 1 contract

Samples: Business Electronic Services Agreement and Disclosure

Amending/Canceling a Transaction. Unless this Agreement or your User Guide provides Guides provide otherwise, you do not have a right to cancel or amend a payment payment, instruction or transfer instruction (e.g., an ACH payment) other transaction once we have received it. If we attempt to reverse a transaction at your request, we assume no liability for any interest or losses that result if the reversal is not effected. Requests to cancel a transaction must state the exact amount (dollars and cents) of the transaction you wish to stop. You agree to indemnify, defend, hold harmless and reimburse us for all expenses, losses, claims, actions, proceedings and damages we incur in effecting or attempting to effect any reversal, as well as all damages that may arise out of our failure to complete such reversal. You are solely responsible for providing notice to the receiver/beneficiary that a reversal is being transmitted and the reason for the reversal no later than the settlement date of the reversing entry.

Appears in 1 contract

Samples: Monarch Business Online Agreement

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