Erroneous Execution Clause Samples
Erroneous Execution. If we receive an order to pay you, and we erroneously pay you more than the amount of the payment order, we are entitled to recover from you the amount in excess of the amount of the payment order, regardless of whether you may have some claim to the excess amount against the originator of the order.
Erroneous Execution. If Credit Union receives an order to pay Company, and Credit Union erroneously pays Company more than the amount of the payment order, Credit Union is entitled to recover from Company the amount in excess of the payment order, regardless of whether Company may have some claim to the excess amount against the Originator of the order.
Erroneous Execution. If we pay you more in error than the amount of a payment order received, we are entitled to recover from you the amount paid in excess of the amount of that payment order, notwithstanding any claim you may have against the sender of the funds.