Cancellation or Amendment of an Entry Sample Clauses

Cancellation or Amendment of an Entry. Customer shall have no right to cancel or amend any Entry after its receipt by Bank. However, Bank shall use reasonable efforts to act on a request by Customer to cancel an Entry before transmitting it to the ACH Operator or crediting or debiting an On-Us Entry. Any such request shall comply with this Part III, including the Security Procedures described in this Agreement. Bank shall have no liability if cancellation or amendment is not accomplished as requested. Customer shall reimburse Bank for any expenses, losses or damages Bank may incur in effecting or attempting to effect Customer’s request for the cancellation or amendment of an Entry.

Cancellation or Amendment of an Entry. (i) Except for those instances, if any, in which a mandatory right is conferred by the Rules, Customer shall have no right to the cancellation or amendment of an Entry or file, to require the return of or adjustment to an Entry or to stop the payment or posting of an Entry, once the Entry or file has been received by Bank. However, Bank shall use reasonable efforts to act on a request by Customer for cancellation or amendment of an Entry if the request is received by Bank prior to its transmittal of the Entry or, in the case of an On-Us Entry, prior to its crediting the Receiver’s account. However, Bank shall have no liability to Customer if such cancellation or amendment is not effected. Customer shall reimburse Bank for any expenses, losses, or damages Bank may incur in effecting or attempting to affect Customer’s request for the cancellation or amendment of an Entry. (ii) If an Entry (or a request for cancellation or amendment of an Entry) received by Bank purports to have been transmitted or authorized by Customer, it will be deemed effective as Customer’s Entry (or request) and Customer shall be obligated to pay Bank the amount of such Entry as provided herein even though the Entry (or request) was not authorized by Customer. (iii) If an Entry (or request for cancellation or amendment of an Entry) received by Bank was transmitted or authorized by Customer, Customer shall be obligated to pay the amount of the Entry whether or not that Entry was erroneous in any respect or that error could have been detected by Bank.

Cancellation or Amendment of an Entry. The Company shall have no right to cancel or amend any Entry after its receipt by the Financial Institution. However, the Financial Institution shall use reasonable efforts to act on a request by the Company to cancel an Entry before transmitting it to the ACH or crediting or debiting an On-Us Entry. The Financial Institution shall have no liability if it fails to effect the cancellation.

Cancellation or Amendment of an Entry. The Third Party Sender shall have no right to cancel or amend any Entry after its receipt by BND. However, BND shall use reasonable efforts to act on a request by the Third Party Sender to cancel an Entry before transmitting it to the ACH operator or crediting or debiting an On-Us Entry. Any such request shall comply with the Security Procedures described on Schedule B to this Agreement. BND shall have no liability if it fails to effect the cancellation and the Third Party Sender shall indemnify, defend all claims and hold BND harmless for any losses, damages, or expenses, including, but not limited to, attorney's fees, BND may incur in effecting or attempting to effect the cancellation or amendment of an Entry.

Cancellation or Amendment of an Entry. Third-Party Sender shall have no right to cancel or amend any Entry after its receipt by Bank and Bank shall have no obligation or duty to cancel or amend any Entry once received. However, Bank shall use reasonable efforts to act on a request by Third-Party Sender to cancel an Entry before transmitting it to the ACH Operator or crediting or debiting an On-Us Entry. Any such request shall comply with the Agreement, including the security procedures described in the Agreement. Bank shall have no liability if it fails to affect any amendment or cancellation. Third-Party Sender shall reimburse, indemnify and hold harmless Bank for any expenses (including attorneys’ fees), losses or damages Bank incurs in effecting or attempting to effect Third-Party Sender’s request for the cancellation of an Entry.