Common use of Notice of Rejection Clause in Contracts

Notice of Rejection. We may reject payment orders. We notify you of any rejection orally, electronically or in writing. If we send written notices by mail, we do so by the end of the next business day. We are not liable to you for the rejection or obligated to pay you interest for the period before you receive timely notice of rejection. Errors or Questions about Your Payment Orders: We notify you about certain funds transfers by listing them on your account statement. In some cases, we also may notify you electronically, in writing or by a report produced through one of our information reporting services. You must notify us at once if you think a funds transfer shown on your statement or notice is incorrect. You must send us written notice, including a statement of relevant facts, no later than 14 days after the date you receive the first notice or statement on which the problem or error appears. If you fail to notify us within this 14-day period, we are not liable for any loss of interest because of an unauthorized or erroneous debit or because your statement or notice is incorrect. We are not required to compensate you, and we are not required to credit or adjust your account for any loss of interest or interest equivalent.

Appears in 3 contracts

Samples: Deposit Agreement, Deposit Agreement, Deposit Agreement

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Notice of Rejection. We may reject payment transfer orders. We will notify you of any rejection orally, electronically or in writing. If we send written notices notice by mail, we will do so by the end of the next business dayday following the date of the transfer order. We are not liable to you for the rejection or obligated to pay you interest for the period before you receive timely notice of rejectioninterest. Errors or Questions about About Your Payment Transfer Orders: . We will notify you about certain funds transfers by listing them on your account statement. In some cases, we also may notify you electronically, in writing or by a report produced through one of our information reporting services. You must notify us at once if you think a funds transfer shown on in your statement or notice is incorrect. You must send us written notice, including a statement of relevant facts, no later than 14 days after the date (i) you receive the first notice hardcopy statement, or (ii) the electronic statement on which the problem or error appearsappears is made available to you. If you fail to notify us within this 14-day period, we are not liable for any loss of interest because of an unauthorized or erroneous debit or because your statement or notice is incorrect. We are not required to compensate you, and we are not required to credit or adjust your account for any loss of interest or interest equivalent.

Appears in 1 contract

Samples: General Legal Agreement

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Notice of Rejection. We may reject payment transfer orders. We will notify you of any rejection orally, electronically or in writing. If we send written notices notice by mail, we will do so by the end of the next business dayday following the date of the transfer order. We are not liable to you for the rejection or obligated to pay you interest for the period before you receive timely notice of rejectioninterest. Errors or Questions about About Your Payment Transfer Orders: . We will notify you about certain funds transfers by listing them on your account statement. In some cases, we also may notify you electronically, in writing or by a report produced through one of our information reporting services. You must notify us at once if you think a funds transfer shown on your statement or notice is incorrect. You must send us written notice, including a statement of relevant facts, no later than 14 days after the date (i) you receive the first notice hardcopy statement or (ii) the electronic statement is made available to you, on which the problem or error appears. If you fail to notify us within this 14-day period, we are not liable for any loss of interest because of an unauthorized or erroneous debit or because your statement or notice is incorrect. We are not required to compensate you, and we are not required to credit or adjust your account for any loss of interest or interest equivalent.

Appears in 1 contract

Samples: General Legal Agreement

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