Common use of Entries Returned as Unauthorized Clause in Contracts

Entries Returned as Unauthorized. In the event that an Entry is returned as unauthorized or authorization revoked, the Company will contact the necessary parties and resolve any dispute. During this process the Company may ask the Bank to request from the RDFI a copy of the “Written Statement of Unauthorized Debit.” The Bank will make its best effort to obtain the form and will deliver it to the Company when received. Company agrees not to re-originate any transaction returned as unauthorized or as authorization revoked unless the customer reauthorized the Entry or Entry stream.

Appears in 3 contracts

Samples: Cash Management Ach Origination Agreement, Cash Management Ach Origination Agreement, Ach Origination Agreement

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Entries Returned as Unauthorized. In the event that an Entry is returned as unauthorized or authorization revoked, the Company will contact the necessary parties and resolve any dispute. During this process the Company may ask the Bank to request from the RDFI a copy of the “Written Statement of Unauthorized Debit.” The Bank will make its best effort to reasonable effortsto obtain the form and will deliver it to the Company when received. Company agrees not to re-originate any transaction Entry returned as unauthorized or as authorization revoked unless the customer Receiver reauthorized the Entry or Entry stream.

Appears in 2 contracts

Samples: Treasury Management Master Services Agreement, Treasury Management Master Services Agreement

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Entries Returned as Unauthorized. In the event that an Entry is returned as unauthorized or authorization revoked, the Company will contact the necessary parties and resolve any dispute. During this process the Company may ask the Bank to request from the RDFI a copy of the “Written Statement of Unauthorized Debit.” The Bank will make its best effort reasonable efforts to obtain the form and will deliver it to the Company when received. Company agrees not to re-originate any transaction Entry returned as unauthorized or as authorization revoked unless the customer Receiver reauthorized the Entry or Entry stream.

Appears in 1 contract

Samples: Treasury Management Master Services Agreement

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