Common use of PROVISIONAL SETTLEMENT Clause in Contracts

PROVISIONAL SETTLEMENT. You acknowledge that the Rules provide that payment of an Entry by the RDFI to a Receiver is provisional until receipt by the RDFI of final settlement, and that, if final settlement is not received, the Entry may be reversed. In such event, the RDFI will be entitled to a refund from Receiver of the amount credited, and you will not be deemed to have paid Receiver the amount of such credit Entry.

PROVISIONAL SETTLEMENT. You acknowledge that the Rules provide that payment Payment of an Entry by the RDFI to a the Receiver is provisional until receipt by the RDFI of final settlement, and that, settlement for such Entry. You acknowledge that if final such settlement is not received, the Entry may be reversed. In such event, the RDFI will shall be entitled to a refund from the Receiver of the amount credited, credited and you will shall not be deemed to have paid the Receiver the amount of such credit the Entry.

PROVISIONAL SETTLEMENT. You acknowledge that the Rules provide that payment Payment of an Entry by the RDFI to a the Receiver is provisional until receipt by the RDFI of final settlement, and that, final settlement for such Entry. You acknowledge that if final such settlement is not received, the Entry may be reversed. In such event, the RDFI will shall be entitled to a refund from the Receiver of the amount credited, credited and you will shall not be deemed to have paid the Receiver the amount of such credit the Entry.