Common use of Cancellation or Amendment of an Entry Clause in Contracts

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. 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 IIIAddendum, including the Security Procedures described in this Agreementapplicable to the Service. 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 's request for the cancellation or amendment of an Entry.