Wrongful Honor. It shall constitute wrongful honor by Bank if Bank pays an Exception Item marked as “return” listed in an Exception Decision delivered prior to the Bank’s designated Cut- off. In the event there is wrongful honor:
Appears in 3 contracts
Samples: Management Master Agreement, Management Master Agreement, Management Master Agreement
Wrongful Honor. It shall constitute will be a wrongful honor by Bank if the Bank pays an Exception Item marked as “return” exception item listed in a timely manner on an Exception Decision delivered prior Check Report unless the Customer issued a Pay Request, or the Customer selected the pay default option and did not issue a Return Request to the Bank’s designated Cut- off. In the event there is of a wrongful honor:
Appears in 2 contracts
Samples: Management Services Agreement, Management Services Agreement
Wrongful Honor. It shall constitute will be a wrongful honor by Bank if the Bank pays an Exception Item marked as “return” listed in an Exception Decision delivered prior to the Bank’s designated Cut- offa timely manner unless Customer issued a Pay Request. In the event there is of a wrongful honor:
Appears in 2 contracts
Samples: Management Services Agreement, Management Services Agreement
Wrongful Honor. It shall constitute wrongful honor by Bank if Bank pays an Exception Item marked as “return” listed in an Exception Decision delivered prior to the Bank’s designated Cut- Cut-off. In the event there is wrongful honor:
Appears in 1 contract
Samples: Management Master Agreement
