Common use of Cancellation or Amendment of Payment Orders Clause in Contracts

Cancellation or Amendment of Payment Orders. Ver. 5.0 You may request that Bank amend or cancel a Payment Order. Bank will make a reasonable effort to act on a request for cancellation or amendment of a Payment Order, provided that Bank receives such a request before Bank accepts or executes the Payment Order and at a time and in a manner affording Bank a reasonable opportunity to act on the request, but Bank will have no liability to you or anyone else if the requested cancellation or amendment is not accomplished, and you will be obligated for the Payment Order as transmitted. Bank has no obligation to cancel or amend a Payment Order after it has been accepted or executed by Bank.

Cancellation or Amendment of Payment Orders. Ver. 5.0 You may request that Bank amend or cancel a Payment Order. Bank will make a reasonable effort to act on a request for cancellation or amendment of a Payment Order, provided that Bank receives such a request before Bank accepts or executes the Payment Order and at a time and in a manner affording Bank a reasonable opportunity to act on the request, but Bank will have no liability to you or anyone else if the requested cancellation or amendment is not accomplished, and you will be obligated for the Payment Order as transmitted. Bank has no obligation to cancel or amend a Payment Order after it has been accepted or executed by Bank.

Cancellation or Amendment of Payment Orders. Ver. 5.0 5.1 You may request that Bank amend or cancel a Payment Order. Bank will make a reasonable effort to act on a request for cancellation or amendment of a Payment Order, provided that Bank receives such a request before Bank accepts or executes the Payment Order and at a time and in a manner affording Bank a reasonable opportunity to act on the request, but Bank will have no liability to you or anyone else if the requested cancellation or amendment is not accomplished, and you will be obligated for the Payment Order as transmitted. Bank has no obligation to cancel or amend a Payment Order after it has been accepted or executed by Bank.