Common use of Cancellation or Amendment by Customer Clause in Contracts

Cancellation or Amendment by Customer. Customer shall have no right to cancel or amend any Entry after its receipt by the Bank. However, if such request complies with the security procedures described herein for the cancellation of Data, the Bank shall use reasonable efforts to act on a request by Customer for cancellation of an Entry prior to transmitting it to the ACH or, in the case of an On-Us Entry, prior to crediting a Receiver's account, but shall have no liability if such cancellation is not effected. Customer shall reimburse the Bank for any expenses, losses, or damages the Bank may incur in effecting or attempting to effect Customer's request for the reversal of an Entry.

Appears in 3 contracts

Samples: Business Online Banking Services Terms and Conditions, Business Online Banking Services Terms and Conditions, Business Online Banking Services Terms and Conditions

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Cancellation or Amendment by Customer. Customer shall have no right to cancel or amend any Entry or file after its receipt by the Bank. However, if such request complies with the security procedures described herein for Security Procedures applicable to the cancellation of Datadata, the Bank shall use reasonable efforts to act on a request by Customer for cancellation of an Entry prior to transmitting it to the ACH orOperator, or in the case of an On-Us Entry, prior to crediting or debiting a Receiver's ’s account, but Bank shall have no liability if such cancellation is not effected. Customer shall reimburse the Bank for any expenses, losses, or damages the Bank may incur in effecting or attempting to effect Customer's request for the reversal cancellation or amendment of an Entry.

Appears in 1 contract

Samples: Cash Management Master Agreement

Cancellation or Amendment by Customer. Customer shall will have no right to cancel the cancellation or amend amendment of any Entry after its receipt by the Bank. However, if such request complies with the security procedures described herein for the cancellation of Data, the Bank shall will use reasonable efforts to act on a request by Customer for cancellation of an Entry prior to transmitting it to the ACH Operator or, in the case of an On-Us Entry, prior to crediting or debiting a Receiver's ’s account, provided such request complies with the Security Procedures for cancellation of Data, but Bank shall have no liability if such cancellation is not effectedaffected. Customer shall reimburse the Bank for any expenses, losses, or damages the Bank may incur in effecting or attempting to effect Customer's request for affect the reversal cancellation or amendment of an Entry.

Appears in 1 contract

Samples: www.synovus.com

Cancellation or Amendment by Customer. Customer shall have no right to cancel or amend any Entry after its receipt by the BankBank receives it. However, if such request complies with the security procedures described herein for the all Security Procedures and is transmitted pursuant to Bank’s Online Banking cancellation of Datamechanism, the Bank shall use reasonable efforts to may, in its sole and absolute discretion, act on a request by Customer for cancellation of an Entry prior to before transmitting it to the ACH or, in the case of an On-Us Entry, prior to crediting a Receiver's accountOperator, but shall have no liability if such cancellation is not effected. Customer shall reimburse the indemnify Bank for any expensesloss, lossesclaim, damage, liability or damages the expense (including reasonable attorneys' fees) that Bank may incur in effecting or attempting to effect Customer's request for the reversal cancellation or amendment of an EntryEntry at Customer’s request.

Appears in 1 contract

Samples: Treasury Management Services Agreement

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Cancellation or Amendment by Customer. Customer shall will have no right to cancel the cancellation or amend amendment of any Entry after its receipt by the Bank. However, if such request complies with the security procedures described herein for the cancellation of Data, the Bank shall will use reasonable efforts to act on a request by Customer for cancellation of an Entry prior to transmitting it to the ACH Operator or, in the case of an On-Us Entry, prior to crediting or debiting a Receiver's ’s account, provided such request complies with the Security Procedure for cancellation of Data, but Bank shall have no liability if such cancellation is not effectedaffected. Customer shall reimburse the Bank for any expenses, losses, or damages the Bank may incur in effecting or attempting to effect Customer's request for affect the reversal cancellation or amendment of an Entry.

Appears in 1 contract

Samples: Master Services Agreement

Cancellation or Amendment by Customer. Customer shall have no right to cancel or amend any Entry after its receipt by the Bank. However, if such request complies with the security procedures described herein for the cancellation of DataSecurity Procedures, the Bank shall use reasonable efforts to act on a request by Customer for cancellation of an Entry prior to transmitting it to the ACH Operator or, in the case of an On-Us Entry, prior to crediting a or debiting the Receiver's account, but Bank shall have no liability if such cancellation is not effected. Customer shall reimburse the Bank for any expenses, losses, or damages the Bank may incur in effecting or attempting to effect Customer's request for the reversal cancellation or amendment of an Entry.

Appears in 1 contract

Samples: Services Agreement

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