Common use of Prohibited Payees Clause in Contracts

Prohibited Payees. We will not process payments on your behalf to payees meeting any of the following criteria: • designated by the Office of Foreign Asset Control as being a prohibited payee • having an address outside of the United States (except for APO) • court-ordered payments such as alimony, child support, speeding tickets, etc. • tax entities • collection agencies If a payment to a prohibited payee is inadvertently processed, we reserve the right to not process a payment to that payee in the future.

Appears in 3 contracts

Samples: Acu Electronic Services Agreement, Banking Services Agreement, Services Agreement

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Prohibited Payees. We will not process payments on your behalf to payees meeting any of the following criteria: • designated Designated by the Office of Foreign Asset Control as being a prohibited payee • having Having an address outside of the United States (except for APO) • courtCourt-ordered payments such as alimony, child support, speeding tickets, etc. • tax Tax entities • collection Collection agencies If a payment to a prohibited payee is inadvertently processed, the payment guarantee outlined above does not apply to that payment, and we reserve the right to not process a payment to that payee in the future.

Appears in 2 contracts

Samples: www.newtripolibank.net, Banking and Mobile Banking Agreement

Prohibited Payees. We will not process payments on your behalf to payees meeting any of the following criteria: designated by the Office of Foreign Asset Control as being a prohibited payee having an address outside of the United States (except for APO) court-ordered payments such as alimony, child support, speeding tickets, etc. tax entities collection agencies If a payment to a prohibited payee is inadvertently processed, we reserve the right to not process a payment to that payee in the future.

Appears in 1 contract

Samples: Banking Services Agreement

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Prohibited Payees. We will not process payments on your behalf to payees meeting any of the following criteria: • designated by the Office of Foreign Asset Control as being a prohibited payee • having an address outside of the United States (except for APO) • court-ordered payments such as alimony, child support, speeding tickets, etc. • tax entities • collection agencies If a payment to a prohibited payee is inadvertently processed, we reserve the right to not process a payment to that payee in the future.

Appears in 1 contract

Samples: Services Agreement

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