Common use of Payee Limitations Clause in Contracts

Payee Limitations. You agree that we and/or the third party processor may refuse (not make) payments to some payees listed in a payment instruction. If so, you will be notified. This notification is not required if you (or an Authorized User) attempt to make a prohibited payment or an exception payment.

Appears in 2 contracts

Sources: Mytrustmark® Agreement, Mytrustmark® Agreement

Payee Limitations. You agree that we and/or the third party processor may refuse (not make) payments to some payees listed in a payment instruction. If so, you will be notified. This notification is not required if you (or an Authorized Userauthorized user) attempt to make a prohibited payment or an exception payment.

Appears in 1 contract

Sources: Mytrustmark Agreement

Payee Limitations. You agree that we and/or the third third-party processor may refuse (not make) payments to some payees listed in a payment instruction. If so, you will be notified. This notification is not required if you (or an Authorized User) attempt to make a prohibited payment or an exception payment.

Appears in 1 contract

Sources: Mytrustmark® Agreement