Common use of NOTICE OF ERRONEOUS UNAUTHORIZED TRANSFER Clause in Contracts

NOTICE OF ERRONEOUS UNAUTHORIZED TRANSFER. Merchant agrees to promptly and regularly review all Entries and other communication received from BASE COMMERCE and to immediately notify BASE COMMERCE if there are any discrepancies between Merchant’s records and those provided by BASE COMMERCE, the ODFI or Merchant’s bank, or with respect to any transfer not authorized by Merchant. If Merchant fails to notify BASE COMMERCE within 7 days of the date BASE COMMERCE e-mails, mails or otherwise provides a statement of account or other report of activity to Merchant, then Merchant will be solely responsible for all losses or other costs associated with any erroneous or unauthorized transfer.

Appears in 3 contracts

Samples: Ach Agreement, Ach Agreement, Ach Agreement

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NOTICE OF ERRONEOUS UNAUTHORIZED TRANSFER. Merchant agrees to promptly and regularly review all Entries and other communication received from BASE COMMERCE ACHBANKING and to immediately notify BASE COMMERCE ACHBANKING if there are any discrepancies between Merchant’s records and those provided by BASE COMMERCEACHBANKING, the ODFI or Merchant’s bank, or with respect to any transfer not authorized by Merchant. If Merchant fails to notify BASE COMMERCE ACHBANKING within 7 days of the date BASE COMMERCE ACHBANKING e-mails, mails or otherwise provides a statement of account or other report of activity to Merchant, then Merchant will be solely responsible for all losses or other costs associated with any erroneous or unauthorized transfer.

Appears in 1 contract

Samples: Ach Agreement

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NOTICE OF ERRONEOUS UNAUTHORIZED TRANSFER. Merchant agrees to promptly and regularly review all Entries and other communication received from BASE CHECK COMMERCE and to immediately notify BASE CHECK COMMERCE if there are any discrepancies between Merchant’s records and those provided by BASE CHECK COMMERCE, the ODFI or Merchant’s bank, or with respect to any transfer not authorized by Merchant. If Merchant fails to notify BASE CHECK COMMERCE within 7 days of the date BASE CHECK COMMERCE e-mails, mails or otherwise provides a statement of account or other report of activity to Merchant, then Merchant will be solely responsible for all losses or other costs associated with any erroneous or unauthorized transfer.

Appears in 1 contract

Samples: Automated Clearing House Processing Agreement

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