Modifying Transactions Clause Samples
The Modifying Transactions clause establishes the conditions under which the terms of a transaction can be changed after the initial agreement. Typically, this clause outlines the process for making amendments, such as requiring written consent from all parties or specifying which aspects of the transaction may be altered. For example, it may allow for changes to delivery dates, payment terms, or product specifications, provided all parties agree to the modifications. The core function of this clause is to provide a clear and agreed-upon mechanism for adapting the transaction to changing circumstances, thereby reducing disputes and ensuring that any changes are properly documented and enforceable.
Modifying Transactions. 4.5.1 At Merchant's request, FORTE will make reasonable efforts to reverse, modify, or delete a Transaction after it has been submitted by Merchant prior to being submitted to the applicable payment network. All requests must be made by an individual pre-authorized by Merchant to make such requests, and timely delivered to FORTE.
4.5.2 Merchant agrees that FORTE will not be held responsible for any losses, directly or indirectly, incurred by Merchant or other third parties as a result of FORTE's inability to accomplish the requested modification or deletion before the Transaction has been submitted to the applicable payment network. Further, Merchant acknowledges that once a Transaction is submitted to the applicable payment network, it cannot be modified or deleted.
Modifying Transactions. AGENCY shall regularly and promptly review all Transactions and shall immediately notify FORTE upon discovery of any and all discrepancies between the records of AGENCY compared with those provided by FORTE or AGENCY’s bank, or with respect to any Transaction that AGENCY believes was made erroneously or without proper authorization from the Constituent or Consumer. At AGENCY's request, ▇▇▇▇▇ will make commercially reasonable efforts to reverse, modify, void or delete a Transaction after it has been submitted for settlement. All requests must be made in writing (electronic mail will be deemed as “in writing” for these purposes), signed or sent by an individual pre-authorized by AGENCY to make such requests and delivered to FORTE. AGENCY agrees FORTE will not be held responsible for any losses, directly or indirectly, incurred by AGENCY or other third parties as a result of ▇▇▇▇▇'▇ failure to accomplish the request before the Transaction has been processed through the applicable Payment Network or for making any necessary changes as requested by Agency.
Modifying Transactions. 4.3.1. At Member's written request, ▇▇▇▇▇ will make reasonable efforts to reverse, modify, or delete a Transaction after it has been submitted by Member. All requests must be made by an individual pre-authorized by Member to make such requests, and delivered to Relay.
4.3.2. Member agrees that ▇▇▇▇▇ will not be held responsible for any losses, directly or indirectly, incurred by Member or other third parties as a result of ▇▇▇▇▇'s inability to accomplish the requested modication or deletion after the Transaction has been submitted by Member
Modifying Transactions. Merchant shall regularly and promptly review all Transactions and shall immediately notify Forte upon discovery of any and all discrepancies between Merchant’s records, Forte and Merchant’s bank, or with respect to any Transaction that Merchant believes was made erroneously or without proper authorization. At Merchant's request, Forte will make reasonable efforts to reverse, modify, void or delete a Transaction after it has been submitted for settlement. All requests must be made in writing (electronic mail will be deemed as “in writing” for these purposes), signed or sent by an individual pre- authorized by Merchant to make such requests and delivered to Forte. Merchant agrees that Forte will not be held responsible for any losses, directly or indirectly, incurred by Merchant or other third parties as a result of Forte's failure to accomplish the request before the Transaction has been processed through the applicable Payment Network.
Modifying Transactions. 1At Merchant's request, ▇▇▇▇▇ will make reasonable efforts to reverse, modify, or delete a Transaction after it has been submitted by Merchant prior to being submitted to the applicable Transaction Network. All requests must be made by an individual pre-authorized by Merchant to make such requests, and delivered to Forte.