Common use of Failed Transactions Clause in Contracts

Failed Transactions. In using the Service, you are requesting us to make payments for you from your Payment Account. If we are unable to complete the transaction for any reason associated with your Payment Account (for example, there are insufficient funds in your Payment Account to cover the transaction), the transaction will not be completed. In some instances, you will receive a return notice from the Service. In such case, you agree that: 1. You will reimburse our Service Provider, immediately upon demand, the transaction amount that has been returned; 2. You will reimburse our Service Provider for any fees it may incur in attempting to collect the amount of the return from you; and 3. Our Service Provider is authorized to report the facts concerning the return to any credit reporting agency.

Failed Transactions. In using the Service, you are requesting us to make payments for you from your Payment Account. If we are unable to complete the transaction for any reason associated with your Payment Account (for example, there are insufficient funds in your Payment Account to cover the transaction), the transaction will not be completed. In some instances, you will receive a return notice from the Service. In such case, you agree that: 1. You will reimburse our Service Provider, immediately upon demand, the transaction amount that has been returned;. 2. You will reimburse our Service Provider for any fees it may incur in attempting to collect the amount of the return from you; and 3. Our Service Provider is authorized to report the facts concerning the return to any credit reporting agency.

Failed Transactions. In using the Service, you are requesting us to make payments for you from your Payment Account. If we are unable to complete the transaction for any reason associated with your Payment Account (for example, there are insufficient funds in your Payment Account to cover the transaction), the transaction will not be completed. In some instances, you will receive a return notice from the Service. In such case, you agree that: 1. You will reimburse our Service Providerus, immediately upon demand, the transaction amount that has been returned;. 2. You will reimburse our Service Provider us for any fees it we may incur in attempting to collect the amount of the return from you; and 3. Our Service Provider is We are authorized to report the facts concerning the return to any credit reporting agency.