Common use of Cancellation or Amendment by Customer Clause in Contracts

Cancellation or Amendment by Customer. The Customer shall have no right to the cancellation or amendment of any Entry after its receipt by the Bank. However, the Bank shall use reasonable efforts to act on a request by the 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 account. The Customer shall reimburse the Bank for any expenses, losses, or damages the Bank may incur in effecting or attempting to effect the cancellation or amendment of an Entry.

Appears in 2 contracts

Samples: Management Services Agreement, Management Services Agreement

AutoNDA by SimpleDocs

Cancellation or Amendment by Customer. The Customer shall have no right to the cancellation or amendment of any Entry after its receipt by the Bank. However, the Bank shall use reasonable efforts to act on a written and duly authorized request by the 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 account. The Customer shall reimburse the Bank for any expenses, losses, or damages the Bank may incur in effecting or attempting to effect the cancellation or amendment of an Entry.

Appears in 1 contract

Samples: Online Bank Agreement

AutoNDA by SimpleDocs

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

Appears in 1 contract

Samples: Inview Services Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.