Common use of Erroneous Execution Clause in Contracts

Erroneous Execution. If we receive an order to pay you, and we erroneously pay you more than the amount of the payment order, we are entitled to recover from you the amount in excess of the amount of the payment order, regardless of whether you may have some claim to the excess amount against the originator of the order.

Appears in 4 contracts

Samples: Commercial Account Agreement, Commercial Account Agreement, Consumer Membership Account Agreement

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Erroneous Execution. If we receive an order to pay you, you and we erroneously pay you more than the amount of the payment order, we are entitled to recover from you the amount in excess of the amount of the payment order, regardless of whether you may have some claim to the excess amount against the originator of the order.

Appears in 2 contracts

Samples: Wire Funds Transfer Agreement, Wire Transfer Funds Agreement

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