Common use of Provisional Payment Disclosure Clause in Contracts

Provisional Payment Disclosure. Credit given by us to you with respect to an automated clearing house credit entry is provisional until we receive final settlement for such entry through a Federal Reserve Bank. If we do not receive such final settlement, you are hereby notified and agree that we are entitled to a refund of the amount credited to you in connection with such entry, and the party making payment to you in connection with such entry (i.e., the originator of the entry) shall not be deemed to have paid you in the amount of such entry.

Appears in 5 contracts

Samples: Deposit Agreement, Deposit Agreement, www.truliantfcu.org

AutoNDA by SimpleDocs

Provisional Payment Disclosure. Credit given by us to you with respect to an automated clearing house credit entry is provisional until we receive final settlement for such entry through a Federal Reserve Bank. If we do not receive such final settlement, you are hereby notified and agree that we are entitled to a refund of the amount credited to you in connection with such entry, and the party making payment to you in connection with via such entry (i.e., the originator Originator of the entry) shall not be deemed to have paid you in the amount of such entry.

Appears in 1 contract

Samples: Account Agreement

Provisional Payment Disclosure. Credit given by us to you with respect to an automated clearing house credit entry is provisional until we receive final settlement for such entry through a Federal Reserve Bank. If we do not receive such final suchfinal settlement, you are hereby notified and agree that we are entitled to a refund of the amount credited to you in connection with such entry, and the party making payment to you in connection with such entry (i.e., the originator of the entry) shall not be deemed to have paid you in the amount of such entry.

Appears in 1 contract

Samples: www.truliantfcu.org

Provisional Payment Disclosure. Credit given by us to you with respect to an automated clearing house credit entry is provisional until we receive final settlement for such entry through entrythrough a Federal Reserve Bank. If we do not receive such final settlement, you are hereby notified herebynotified and agree that we are entitled to a refund of the amount credited amountcredited to you in connection with such entrysuchentry, and the party making payment to you in connection with such entry (i.e., the originator of the entry) shall not be deemed to have paid you in the amount of such entry.

Appears in 1 contract

Samples: www.truliantfcu.org

AutoNDA by SimpleDocs

Provisional Payment Disclosure. Credit given by us [us] to you [you] with respect to an automated clearing house credit entry is provisional until we [we] receive final settlement for such entry through a Federal Reserve Bank. If [we do not receive such final settlement, you [you] are hereby notified and agree that we [we] are entitled to a refund of the amount credited to you [you] in connection with such entry, and the party making payment to you in connection with [you] via such entry enter (i.e., i.e. the originator of the entry) shall not be deemed to have paid you [you] in the amount of such entry.

Appears in 1 contract

Samples: www.nwfcuanytime.com

Provisional Payment Disclosure. Credit given by us to you with respect to an automated clearing house credit ACH entry is provisional until we receive final settlement for such entry through a Federal Reserve Bank. If we do not receive such final settlement, you are hereby notified and agree that we are entitled to a refund of the amount credited to you in connection with such entry, and the party making payment to you in connection with via such entry (i.e., the originator of the entry) shall not be deemed to have paid you in the amount of such entry.

Appears in 1 contract

Samples: Disclosure and Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.