Common use of Provisional Payment Clause in Contracts

Provisional Payment. Credit we give you with respect to an ACH credit entry is provisional until we receive the final settlement for that entry through a Federal Reserve Bank. If we do not receive final settlement, you agree that we are entitled to a refund of the amount credited to you in connection with the entry, and that we may exercise our option to reverse the credit or require that you reimburse us by way of direct payment.

Provisional Payment. Credit we give you given by Us to You with respect to an ACH credit entry is provisional until we We receive the final settlement for that such entry through a Federal Reserve Bank. If we We do not receive such final settlement, you You are hereby notified and agree that we We are entitled to a refund of the amount credited to you You in connection with the such entry, and that we may exercise our option the party making payment to reverse You via such entry (i.e., the credit or require that you reimburse us by way originator of direct paymentthe entry) shall not be deemed to have paid You in the amount of such entry.

Provisional Payment. Credit we give Depository gives you with respect to an ACH credit entry is provisional until we receive the Depository receives final settlement for that entry through a Federal Reserve Bank. If we do Depository does not receive final settlement, you agree that we are Depository is entitled to a refund of the amount credited to you in connection with the entry, and that we may exercise our option the party making the payment to reverse you via such entry (i.e., the credit or require that originator of the entry) shall not be deemed to have paid you reimburse us by way in the amount of direct paymentsuch entry.

Provisional Payment. Credit we give given by us to you with respect to an ACH credit entry is provisional until we receive the final settlement for that such entry through a Federal Reserve Bank. If we do not receive such final settlement, you are hereby notified and agree that we are entitled to a refund of the amount credited to you in connection with the such entry, and that we may exercise our option the party making payment to reverse you via such entry (i.e., the credit or require that originator of the entry) shall not be deemed to have paid you reimburse us by way in the amount of direct paymentsuch entry.

Provisional Payment. Credit we give you given by us to members with respect to an ACH credit entry is provisional until we receive the final settlement for that the entry through a the Federal Reserve Bank. If we do the credit union does not receive final settlement, you members are hereby notified and agree that we are the credit union is entitled to a refund of the amount credited to you members' accounts in connection with the entry, and that we may exercise our option to . We will reverse the entry and debit the member's account accordingly. Member is liable for the balance and any attorney fees and costs associated with the credit or require that you reimburse us by way of direct paymentunion’s attempted collection for any unpaid balance owed.

Provisional Payment. Credit we give given by us to you with respect to an ACH credit entry is provisional until we receive the final settlement for that such entry through a Federal Reserve Bank. If we do not receive receivesuch final settlement, you are notified and agree that we are entitled to a refund of the amount credited to creditedto you in connection with suchentry. The party making payment to you via such entryshall not be deemed to have paid you in the amount of such entry, and that we may exercise our option to reverse the credit or require that you reimburse us by way of direct payment.

Provisional Payment. Credit we give you with respect to an ACH credit entry is provisional until we receive the final settlement for that entry through a Federal Reserve Bank. If we do not receive final settlement, you agree that we are entitled to a refund of the amount credited to you in connection with the entry, entry and that we may exercise our option to reverse the credit or require that you reimburse us by way of direct payment, and the party making payment to you, i.e., the originator of the entry, via such entry shall not be deemed to have paid you the amount of such entry.