No Right to Stop Payment Clause Samples

The "No Right to Stop Payment" clause establishes that a party making payments under the agreement cannot instruct their bank or financial institution to halt or reverse payments once initiated. In practice, this means that once a payment order is given—such as a check, wire transfer, or direct debit—the payer cannot later cancel or block the transaction through their bank. This clause ensures that the recipient can rely on the certainty of receiving funds as agreed, thereby reducing the risk of non-payment and promoting trust between the parties.
No Right to Stop Payment. You understand and agree that you are not permitted to stop payment on any purchase through the use of your Card. You are, however, permitted to stop payment on recurring transactions as explained below.
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No Right to Stop Payment. You do not have the right to stop payment on a transaction originated with the Google Wallet Card. You are responsible for all authorized transactions initiated by use of the Google Wallet Card.
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Related to No Right to Stop Payment

  • No Right to Set-Off The Recipient shall timely pay the full amount of Service Charges and Reimbursement Charges and shall not set-off, counterclaim or otherwise withhold any amount owed to the Provider under this Agreement on account of any obligation owed by the Provider to the Recipient.

  • No Right To Holdover Lessee has no right to retain possession of the Premises or any part thereof beyond the expiration or termination of this Lease. In the event that Lessee holds over, then the Base Rent shall be increased to one hundred fifty percent (150%) of the Base Rent applicable during the month immediately preceding the expiration or termination. Nothing contained herein shall be construed as consent by Lessor to any holding over by Lessee.

  • No Right to Cancel You do not have the right to cancel your subscription or change your mind. Once you sign this Investment Agreement, you are obligated to purchase the Note, no matter what, even if the Offering is over-subscribed and the amount of your Note is reduced.

  • No Right to Subcontracting Subcontractor may not subcontract, either part or in whole, the Services authorized under this Agreement.

  • STATE'S RIGHT TO STOP THE WORK 3.3.1 If the Contractor fails to correct defective Work as required by Paragraph 13.2 or persistently fails to carry out the Work in accordance with the Contract Documents, the State, by a written order signed personally or by an agent specifically so empowered by the State in writing, may order the Contractor to stop the Work, or any portion thereof, until the cause for such order has been eliminated; however, this right of the State to the stop the Work shall not give rise to any duty on the part the State to exercise this right for the benefit of the Contractor or any other person or entity, except to the extent required by Subparagraph 6.1.3.