Common use of LIABILITY FOR UNCOMPLETED OR ERRONEOUS TRANSFERS Clause in Contracts

LIABILITY FOR UNCOMPLETED OR ERRONEOUS TRANSFERS. In the event an uncompleted or erroneous transfer occurs, because the City used the Vendor's EFT information incorrectly, the City remains responsible for making a correct payment.

Appears in 2 contracts

Sources: Electronic Funds Transfer (Eft) Authorization Agreement, Electronic Funds Transfer (Eft) Authorization Agreement