Common use of Exception Payments Requests Clause in Contracts

Exception Payments Requests. “Exception Payments” are payments to deposit accounts or brokerage accounts, payments to settle securities transactions (including without limitation stocks, bonds, securities, futures (forex), options, or an investment interest in any entity or property), tax payments and court ordered payments. Exception Payments may be scheduled through the Service; however, Exception Payments are discouraged and must be scheduled at your own risk. In no event shall we be liable for any claims or damages resulting from your scheduling of Exception Payments. Exception Payments are not covered by the late payment portion of the Service Guarantee. We have no obligation to research or resolve, or honor any claim resulting from an Exception Payment.