Common use of Reversal Clause in Contracts

Reversal. i. We will use reasonable efforts to reverse any duplicate or erroneous Entry you identify in accordance with the ACH Rules. ii. You may request a reversal in a manner in accordance with our direction or by submitting a reversal Entry to offset the original Entry. iii. We hold no responsibility for the outcome of an attempted reversal Entry and you acknowledge its obligation to repay any provisional credit provided by us for such Entries.

Reversal. ‌ i. We will use reasonable efforts to reverse any duplicate or erroneous Entry you identify in accordance with the ACH Rules. ii. You may request a reversal in a manner in accordance with our direction or by submitting a reversal Entry to offset the original Entry. iii. We hold no responsibility for the outcome of an attempted reversal Entry and you acknowledge its obligation to repay any provisional credit provided by us for such Entries.