CHANGE OR DELETE PAYMENTS / STOP PAYMENTS Clause Samples

The 'Change or Delete Payments / Stop Payments' clause allows a party to modify, cancel, or halt scheduled payments under a contract. In practice, this clause typically outlines the procedures and conditions under which a payment can be changed or stopped, such as requiring advance written notice or specifying certain circumstances like errors or disputes. Its core function is to provide flexibility and control over financial transactions, helping parties manage risks associated with incorrect or unauthorized payments.
CHANGE OR DELETE PAYMENTS / STOP PAYMENTS. Any Payment can be changed or cancelled; provided you access the Service prior to 1PM Central Time on the business day the Payment is going to be processed. We shall not be liable to you due to a stop payment request if your order to do so is not presented prior to the time the check has cleared. Once the Payment has cleared, you can no longer stop payment.
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CHANGE OR DELETE PAYMENTS / STOP PAYMENTS. A Payment can only be changed or cancelled while it is pending. We shall not be liable to you for a cancel or stop payment request if your request is not presented to us with adequate time to cancel or change the Payment request. Once the Payment has cleared, you can no longer stop or cancel the Payment. As with other Services, you are solely responsible for controlling the safekeeping of and access to your Bill Payment Service information. You are liable for all transactions made with your User ID, Password and associated Access Devices. If you want to terminate another Authorized User’s authority to make Payments on your behalf, the Administrator must revoke that User ID, or change the specific responsibilities associated with that User ID. In the event that you believe you have experienced unauthorized access to the Bill Payment Service, notify us immediately at ▇-▇▇▇-▇▇▇-▇▇▇▇ of the unauthorized access and identify the unauthorized Payments made or potential Payments scheduled. The best ways of reducing your possible losses is to change your User ID and Passwords and to call us immediately. You are responsible for any Payment request made that contains an error or is a duplicate of another Payment. We are not responsible or liable for any Payment if you did not properly follow the instructions for making the Payment. We are not liable for any failure to make a Payment if you fail to promptly notify us after you learn that you have not received credit from a Payee for a Payment. We are not responsible for your acts or omissions or those of any other person, including, without limitation, any transmission or communication facility, and no party shall be deemed to be our agent, as further set forth in Section 18 of this Agreement. Notwithstanding any of the forgoing, our liability shall be subject to and limited by the terms of Section 18 of this Agreement.
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CHANGE OR DELETE PAYMENTS / STOP PAYMENTS. Any Payment can be changed or cancelled; provided you access the Service prior to 2:00 PM Puerto Rico Time on the business day the Payment is going to be processed. We shall not be liable to you due to a stop payment request if your order to do so is not presented prior to the time the check has cleared. Once the Payment has cleared, you can no longer stop payment.
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CHANGE OR DELETE PAYMENTS / STOP PAYMENTS. Customer may delete a non-recurring payment (that is, a single payment scheduled to initiate the next time Bank transmits payments) or a recurring payment (that is a payment Customer schedules to initiate weekly, semi- monthly or monthly or any recurring payment) any time prior to the payment being retrieved by Bank for processing. (Note: modification of a recurring payment instruction will affect future payments associated with that payment.) A stop payment cannot be placed on a ▇▇▇▇ payment that is made electronically once issued. However, a stop payment can be placed on a ▇▇▇▇ payment transaction by ▇▇▇▇ payment check in the same manner as a check issued by Customer. See the section on stop payments in the Deposit Account Agreement for more information on the timing and information requirements for placing a stop payment.
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CHANGE OR DELETE PAYMENTS / STOP PAYMENTS. An electronic or check Payment can be changed or deleted (cancelled) provided you do so within the ▇▇▇▇ Payment system prior to 2:00 p.m. Central Time on the Business Day the Payment is scheduled to be processed and you change or delete the Payment. Once an electronic Payment has processed or check Payment has cleared your account, you cannot do a stop payment. If a check Payment has not yet cleared your account, you may place a stop payment at one of our branch locations, by calling the Bank at (402) 367‐4334 or in Bank of the Valley Online Banking using the Stop Payment tab. If you call, we may also require you to put your request in writing and provide it to us within 14 days of your request. We shall not be liable for a check if the stop payment is not presented prior to the time the check has cleared.
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CHANGE OR DELETE PAYMENTS / STOP PAYMENTS. Any Payment can be changed or cancelled; provided you access the Service prior to 1PM Central Time on the business day the Payment is going to be processed. If Bill Pay is not accessible, however, you understand we will only accept a verbal or written notice to cancel a Bill Pay transaction if it relates to a payment designated as “Recurring” or with a future payment date. You understand that this notice is acceptable only if it is received at Greenwood Municipal Federal Credit Union ▇▇▇ ▇. ▇▇▇▇▇ Avenue, Greenwood S.C. or by phone at ▇▇▇-▇▇▇-▇▇▇▇, no later than three business days before the scheduled date of the payment. If you call, we may also require you to put your request in writing and get it to us within fourteen days after you call. If the payment was designated as “Recurring,” the notice must detail whether the cancellation applies to only one of the recurring transactions or all transactions in the recurring stream. There may be a fee associated with canceling a payment. If we fail to cancel or stop any Online Bill Payment, the payment will stand unless you show us that payment to the payee was unenforceable. If we re-credit your account after transferring funds over a valid and timely cancellation request, you agree to sign a statement describing the dispute with the payee, to transfer to us all of your rights against the payee, and to assist us in any legal action taken against that person. We shall not be liable to you due to a stop payment request if your order to do so is not presented prior to the time the check has cleared. Once the Payment has cleared, you can no longer stop payment.
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CHANGE OR DELETE PAYMENTS / STOP PAYMENTS. An electronic or check Payment can be changed or deleted (cancelled) provided you do so within the ▇▇▇▇ Payment system prior to 3:00pm Eastern Time on the Business Day the Payment is scheduled to be processed and you change or delete the Payment. Once an electronic Payment has processed or check Payment has cleared your account, you cannot do a stop payment. If a check Payment has not yet cleared your account, you may place a stop payment at one of our branch locations, by calling Operations at (▇▇▇)▇▇▇-▇▇▇▇, by calling (▇▇▇)▇▇▇-▇▇▇▇ (temporary stop payment) or in NetTeller using the Stop Payment tab. If you call, we may also require you to put your request in writing and provide it to us within 14 days of your request. We shall not be liable for a check if the stop payment is not presented prior to the time the check has cleared.
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Related to CHANGE OR DELETE PAYMENTS / STOP PAYMENTS

  • Additional Fee on Late Payments For any payments thirty (30) calendar days or more overdue under this Agreement, Registry Operator shall pay an additional fee on late payments at the rate of 1.5% per month or, if less, the maximum rate permitted by applicable law.

  • Total Payments to Other Dist & Govt Units Tuition (In State) 2500 2600 2600 2900 2000 3000 4000 4100 4200 4300 4000 5000 5100 5200 5000 6000

  • Distribution Assistance Fees (Asset-Based Sales Charge) Payments In its sole discretion and irrespective of whichever alternative method of making service fee payments to Recipients is selected by the Distributor, in addition the Distributor may make distribution assistance fee payments to a Recipient quarterly, or at such other interval as deemed appropriate by the Distributor, within forty-five (45) days after the end of each calendar quarter or other period, at a rate not to exceed 0.1875% (0.75% on an annual basis) of the average during the period of the aggregate net asset value of Shares computed as of the close of each business day constituting Qualified Holdings owned beneficially or of record by the Recipient or its Customers until such Shares are redeemed or converted to another class of shares of the Fund, provided, however, that a majority of the Independent Trustees may, but are not obligated to, set a time period (the "Recipient Maximum Holding Period") for making such payments. Distribution assistance fee payments shall be made only to Recipients that are registered with the SEC as a broker-dealer or are exempt from registration. The distribution assistance to be rendered by the Recipients in connection with the sale of Shares may include, but shall not be limited to, the following: distributing sales literature and prospectuses other than those furnished to current Shareholders, providing compensation to and paying expenses of personnel of the Recipient who support the distribution of Shares by the Recipient, and providing such other information and services in connection with the distribution of Shares as the Distributor or the Fund may reasonably request.

  • Payments of Post-Closing Adjustment Except as otherwise provided herein, any payment of the Post-Closing Adjustment, together with interest calculated as set forth below, shall (A) be due (x) within five (5) Business Days of acceptance of the applicable Closing Working Capital Statement or (y) if there are Disputed Amounts, then within five (5) Business Days of the resolution described in clause (v) above; and (B) be paid by wire transfer of immediately available funds to such account(s) as is directed by Buyer or Sellers, as the case may be.

  • Certain Additional Payments In connection with any assignment of rights and obligations of any Defaulting Lender hereunder, no such assignment shall be effective unless and until, in addition to the other conditions thereto set forth herein, the parties to the assignment shall make such additional payments to the Administrative Agent in an aggregate amount sufficient, upon distribution thereof as appropriate (which may be outright payment, purchases by the assignee of participations or subparticipations, or other compensating actions, including funding, with the consent of the Borrower and the Administrative Agent, the applicable pro rata share of Loans previously requested but not funded by the Defaulting Lender, to each of which the applicable assignee and assignor hereby irrevocably consent), to (x) pay and satisfy in full all payment liabilities then owed by such Defaulting Lender to the Administrative Agent, the L/C Issuer or any Lender hereunder (and interest accrued thereon) and (y) acquire (and fund as appropriate) its full pro rata share of all Loans and participations in Letters of Credit and Swing Line Loans in accordance with its Applicable Percentage. Notwithstanding the foregoing, in the event that any assignment of rights and obligations of any Defaulting Lender hereunder shall become effective under applicable Law without compliance with the provisions of this paragraph, then the assignee of such interest shall be deemed to be a Defaulting Lender for all purposes of this Agreement until such compliance occurs. Subject to acceptance and recording thereof by the Administrative Agent pursuant to subsection (c) of this Section, from and after the effective date specified in each Assignment and Assumption, the assignee thereunder shall be a party to this Agreement and, to the extent of the interest assigned by such Assignment and Assumption, have the rights and obligations of a Lender under this Agreement, and the assigning Lender thereunder shall, to the extent of the interest assigned by such Assignment and Assumption, be released from its obligations under this Agreement (and, in the case of an Assignment and Assumption covering all of the assigning Lender’s rights and obligations under this Agreement, such Lender shall cease to be a party hereto but shall continue to be entitled to the benefits of Sections 3.01, 3.04, 3.05 and 11.04 with respect to facts and circumstances occurring prior to the effective date of such assignment); provided, that except to the extent otherwise expressly agreed by the affected parties, no assignment by a Defaulting Lender will constitute a waiver or release of any claim of any party hereunder arising from that Lender’s having been a Defaulting Lender. Upon request, the Borrower (at its expense) shall execute and deliver a Note to the assignee Lender. Any assignment or transfer by a Lender of rights or obligations under this Agreement that does not comply with this subsection shall be treated for purposes of this Agreement as a sale by such Lender of a participation in such rights and obligations in accordance with subsection (d) of this Section.