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, 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: Online Banking and Bill Pay Agreement, Online Banking and Mobile Banking Agreement

AutoNDA by SimpleDocs

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 1 contract

Samples: Digital Services Agreement

AutoNDA by SimpleDocs

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) • 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, 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 1 contract

Samples: Digital Services Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!