Common use of Double payments Clause in Contracts

Double payments. Should PBCC receive a double payment on an Account or other payment which is not identified, PBCC shall carry these sums as open items and shall return them to said Payor upon proper identification.

Appears in 2 contracts

Sources: Accounts Receivable Purchase & Security Agreement (Southern Products, Inc.), Accounts Receivable Purchase & Security Agreement (Artistdirect Inc)