Common use of Overpayment Adjustment Clause in Contracts

Overpayment Adjustment. You agree that you shall not intentionally schedule a Payment in excess of the greater of (i) the amount due on the Billing Statement or (ii) the total balance owed on your account. You acknowledge that we may refuse to process any such overpayment or, we may adjust the Payment amount down to the amount due at time of payment processing as to avoid overpayments.

Appears in 4 contracts

Samples: Loan Pay Terms and Conditions, Online Payment System Agreement, Online Bill Payment Agreement

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