Cancellation and Amendment of Orders. You may not cancel or amend an Order after we receive it. If we attempt to reverse an Order at your request, we assume no liability for any interest or losses that result if the reversal is not effected. 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 receivers that a reversal is being transmitted and the reason for the reversal no later than the Effective Date of the reversing entry.
Cancellation and Amendment of Orders. You may not cancel or amend an Order after we receive it. If we attempt to reverse an Order at your request, we assume no liability for any interest or losses that result if the reversal is not effected. 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 receivers that a reversal is being transmitted and the reason for the reversal no later than the settlement date of the reversing entry. Refusal of Orders. We may refuse any Order with or without cause or prior notice. For example, we may refuse an Order if there are not sufficient collected and available funds in your account on the date we initiate the transaction or on the settlement date. We may notify you of such refusal electronically, in writing, by telephone, or otherwise no later than two business days after the date an ACH Order was to be effected (one business day for wire Orders). We are not required to pay you interest on a rejected Order for the period from refusal of the Order to your receipt of the notice of refusal.
Cancellation and Amendment of Orders. You may not cancel or amend an Order after we receive it. If we attempt to cancel, amend or reverse an Order at your request, we assume no liability for any loss (including interest) that results if the reversal is not effected. You agree to indemnify, defend and hold us harmless from any and all proceedings, losses, damages, liabilities, claims, demands, costs or expenses (including attorneys’ fees and costs) incurred by us in effecting or attempting to effect any cancellation, amendment or reversal. You are solely responsible for providing notice to beneficiaries that a cancellation, amendment or reversal is being transmitted and the reason for the same in a timely manner.
Cancellation and Amendment of Orders. You have no right to cancel or amend an Order after we receive it. If we in our discretion attempt to reverse an Order at your request, we assume no liability for any interest or losses that result if the reversal is not effected. We may refrain from acting on your request until you satisfy the security procedures established for the type of Order to be canceled or amended, and upon our having a commercially reasonable time to act thereon. Any cancellation or amendment executed by us shall be binding on you, even if not requested by you, if verified by the security procedure applicable to that type of Order. 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 receivers that a reversal is being transmitted and the reason for the reversal no later than the settlement date of the reversing entry. Rejection of Orders. We may reject any Order if: (a) the Order does not conform to the limitations, security procedures or other requirements set forth in this Agreement (including any applicable Specifications); (b) there are insufficient collected funds in your account on the transaction or settlement date; (c) the Order involves funds subject to a lien, hold, dispute or legal process which prevents their withdrawal; (d) the Order is not authenticated to our satisfaction or we have reason to believe the Order may not be authorized (notwithstanding compliance with any security procedure); (e) the Order contains incorrect, incomplete, or ambiguous information; (f) the amount of the Order exceeds any limit established for the specific Order or for your account; (g) we believe the beneficiary of the Order may be on the list of Specially Designated Nationals and Blocked Persons issued by the U.S. Treasury’s Office of Foreign Assets Control (which may require us to not complete the transfer and to “block” the funds until that Office issues a written release); (h) the Order appears to be in contravention of applicable law, regulation or executive order; (i) the Order would cause us to exceed any limitation on our intraday net funds position established pursuant to Federal Reserve guidelines; (j) the Order would result in violation of any other law or regulation, or any applicable governmental risk control program; or (k) the Order presents any other risk to us that we deem unreasonable ...
Cancellation and Amendment of Orders. 17.1. Subject to sub-Clause 17.2 the Company shall only accept cancellation of orders upon receipt of an undertaking that the Purchaser will pay those costs arising out of the cancellation (which costs shall be determined by the Company and calculated with reference to the length of time between the cancellation date and the due delivery date and will include the total loss suffered by the Company).
