LIABILITY FOR UNCOMPLETED OR ERRONEOUS TRANSFERS. If the EFT information changes after submission of correct EFT information, Buyer shall begin using the changed EFT information no later than 30 days after its receipt by the designated office to the extent payment is made by EFT. However, Supplier may request that no further payments be made until the updated EFT information is implemented by the payment office. If such suspension would result in a late payment, Supplier 's request for suspension shall extend the due date for payment by the number of days of the suspension. If an uncompleted or erroneous transfer occurs because Buyer used the Supplier EFT information incorrectly, Xxxxx remains responsible for making a correct payment and recovering any erroneously directed funds. If an uncompleted or erroneous transfer occurs because the Supplier EFT information was incorrect, or was revised within 30 days of Buyer release of the EFT payment transaction instruction to the Federal Reserve System, and- • If the funds are no longer under the control of the payment office, Buyer is deemed to have made payment and Supplier is responsible for recovery of any erroneously directed funds; or • If the funds remain under the control of the payment office, Buyer shall not make payment and the provisions of the first paragraph shall apply.
LIABILITY FOR UNCOMPLETED OR ERRONEOUS TRANSFERS. (1) If an uncompleted or erroneous transfer occurs because the Government used the Contractor's EFT information incorrectly, the Government remains responsible for--
LIABILITY FOR UNCOMPLETED OR ERRONEOUS TRANSFERS. (1) If an uncompleted or erroneous transfer occurs because the District used the Contractor’s EFT information incorrectly, the District remains responsible for—
LIABILITY FOR UNCOMPLETED OR ERRONEOUS TRANSFERS. (1) If an uncompleted or erroneous transfer occurs because the Government used the Contractor's EFT information incorrectly, the Government remains responsible for? (i) Making a correct payment; (ii) Paying any prompt payment penalty due; and (iii) Recovering any erroneously directed funds. (2) If an uncompleted or erroneous transfer occurs because the Contractor's EFT information was incorrect, or was revised within 30 days of Government release of the EFT payment transaction instruction to the Federal Reserve System, and? (i) If the funds are no longer under the control of the payment office, the Government is deemed to have made payment and the Contractor is responsible for recovery of any erroneously directed funds; or (ii) If the funds remain under the control of the payment office, the Government shall not make payment, and the provisions of paragraph (d) of this clause shall apply. (f) EFT and prompt payment. A payment shall be deemed to have been made in a timely manner in accordance with the prompt payment terms of this contract if, in the EFT payment transaction instruction released to the Federal Reserve System, the date specified for settlement of the payment is on or before the prompt payment due date, provided the specified payment date is a valid date under the rules of the Federal Reserve System. (g) EFT and assignment of claims. If the Contractor assigns the proceeds of this contract as provided for in the assignment of claims terms of this contract, the Contractor shall require as a condition of any such assignment, that the assignee shall register separately in the CCR database and shall be paid by EFT in accordance with the terms of this clause. Notwithstanding any other requirement of this contract, payment to an ultimate recipient other than the Contractor, or a financial institution properly recognized under an assignment of claims, is not permitted. In all respects, the requirements of this clause shall apply to the assignee as if it were the Contractor. EFT information that shows the ultimate recipient of the transfer to be other than the Contractor, in the absence of a proper assignment of claims acceptable to the Government, is incorrect EFT information within the meaning of paragraph (d) of this clause. (h) Liability for change of EFT information by financial agent. The Government is not liable for errors resulting from changes to EFT information made by the Contractor's financial agent. (i)
LIABILITY FOR UNCOMPLETED OR ERRONEOUS TRANSFERS a) In the event an uncompleted or erroneous transfer occurs, because the City used the Vendor's EFT information incorrectly, the City remains responsible for making a correct payment.
LIABILITY FOR UNCOMPLETED OR ERRONEOUS TRANSFERS. (1) If an uncompleted or erroneous transfer occurs because the ordering activity used the Contractor’s EFT information incorrectly, the ordering activity remains responsible for—
LIABILITY FOR UNCOMPLETED OR ERRONEOUS TRANSFERS. (1) If an uncompleted or erroneous transfer occurs because the MR or MCCS used the Contractor's EFT information incorrectly, the MR or MCCS remains responsible for―
LIABILITY FOR UNCOMPLETED OR ERRONEOUS TRANSFERS. (1) If an uncompleted or erroneous transfer occurs because the Government used the Contractor's EFT information incorrectly, the Government remains responsible for: (i) Making a correct payment; (ii) Paying any prompt payment penalty due; and (iii) Recovering any erroneously directed funds. (2) If an uncompleted or erroneous transfer occurs because the Contractor's EFT information was incorrect, or was revised within thirty (30) days of Government release of the EFT payment transaction instruction to the Federal Reserve System, and: (i) If the funds are no longer under the control of the payment office, the Government is deemed to have made payment and the Contractor is responsible for recovery of any erroneously directed funds; or
LIABILITY FOR UNCOMPLETED OR ERRONEOUS TRANSFERS. (1) If an uncompleted or erroneous transfer occurs because BSRA used the Licensor’s EFT information incorrectly, BSRA remains responsible for --
LIABILITY FOR UNCOMPLETED OR ERRONEOUS TRANSFERS. Contractor-
