Provisional Credit. You acknowledge that the Rules make provisional any credit given for an entry until the financial institution crediting the account specified in the entry receives final settlement. If the financial institution does not receive final settlement, it is entitled to a refund from the credited party and the originator of the entry will not be deemed to have paid the party.
Appears in 9 contracts
Samples: Account Agreement, Account Agreement, Account Agreement
Provisional Credit. You acknowledge that the Rules make provisional any credit given for an entry until the financial institution crediting the account specified in the entry receives final settlement. If the financial institution does not receive final settlement, it is entitled to a refund from the credited party and the originator of the entry will shall not be deemed to have paid the party.
Appears in 9 contracts
Samples: Business Deposit Account Agreement, Deposit Account Agreement, Deposit Account Agreement
Provisional Credit. You acknowledge Company acknowledges that the Rules make provisional any credit given for an entry Entry until the financial institution Financial Institution crediting the account specified in the entry Entry receives final settlement. If the financial institution Financial Institution does not receive final settlement, it is entitled to a refund from the credited party and the originator of the entry will Entry shall not be deemed to have paid the party.
Appears in 5 contracts
Samples: Company Agreement, www.rnbonline.com, Treasury Management Master Agreement Terms and Conditions
Provisional Credit. You acknowledge The Customer acknowledges that the Rules make provisional any credit given for an entry until the financial institution Bank crediting the account specified in the entry receives final settlement. If the financial institution Bank does not receive final settlement, it is entitled to a refund from the credited party and the originator of the entry will shall not be deemed to have paid the party.
Appears in 1 contract
Samples: www.rbtt.com
Provisional Credit. You acknowledge that the Rules make provisional any credit given for an entry until the financial institution crediting the account specified in the entry receives final settlement. If the financial institution does not receive final settlement, it is entitled to a refund from the credited party party, and the originator of the entry will shall not be deemed to have paid the party.
Appears in 1 contract
Samples: Fund Transfers Service Agreement
Provisional Credit. You acknowledge The Company acknowledges that the Rules make provisional any credit given for an entry any Entry until the financial institution Financial Institution crediting the account specified in the entry Entry receives final settlement. If the financial institution Financial Institution does not receive final settlement, it is entitled to a refund from the credited party and the originator of the entry will Entry shall not be deemed to have paid the partyCustomer, in the case of Credit Entries, or to have been paid by the Customer, in the case of Debit Entries.
Appears in 1 contract
Samples: Service Agreement
Provisional Credit. You acknowledge Customer acknowledges that the Rules make provisional any credit given for an entry until the financial institution crediting the account specified in the entry receives final settlement. If the financial institution does not receive final settlement, it is entitled to a refund from the credited party and the originator of the entry will shall not be deemed to have paid the party.
Appears in 1 contract
Samples: Master Agreement
Provisional Credit. You acknowledge Customer acknowledges that the Rules make provisional any credit given for an entry Entry until the financial institution crediting the account specified in the entry Entry receives final settlement. If the financial institution does not receive final settlement, it is entitled to a refund from the credited party and the originator of the entry will Entry shall not be deemed to have paid the party.
Appears in 1 contract
Samples: Management Services
Provisional Credit. You acknowledge that the Rules make provisional any credit given for an entry until the financial institution crediting the account specified in the entry receives final settlement. If the financial institution does not receive final settlement, it is entitled to a refund from the a credited party party, and the originator of the entry will shall not be deemed to have paid the party.
Appears in 1 contract
Samples: Account Agreement
Provisional Credit. You acknowledge Company acknowledges that the Operating Rules make provisional any credit given for an entry Entry until the financial institution crediting the account Account specified in the entry Entry receives final settlement. If the financial institution does not receive final settlement, it is entitled to a refund from the credited party and the originator of the entry will Entry shall not be deemed to have paid the party.
Appears in 1 contract
Samples: Management Services Agreement
Provisional Credit. You acknowledge The Customer acknowledges that the Rules Applicable Laws make provisional any credit given for an entry Entry until the financial institution crediting the account specified in the entry Entry receives final settlement. If the financial institution does not receive final settlement, it is entitled to a refund from the credited party and the originator of the entry will Entry shall not be deemed to have paid the party.
Appears in 1 contract
Provisional Credit. You acknowledge The Customer acknowledges that the Rules make provisional any credit given for an entry Entry until the financial institution Bank crediting the account specified in the entry Entry receives final settlement. If the financial institution Bank does not receive final settlement, it is entitled to a refund from the credited party party, and the originator of the entry will shall not be deemed to have paid the party.
Appears in 1 contract
Samples: Services Agreement
Provisional Credit. You acknowledge The Company acknowledges that the Rules make provisional any credit given for an entry Entry until the financial institution Bank crediting the account specified in the entry Entry receives final settlement. If the financial institution Bank does not receive final settlement, it is entitled to a refund from the credited party and the originator of the entry will Entry shall not be deemed to have paid the party.
Appears in 1 contract
Samples: Ach Agreement