Common use of Overages Clause in Contracts

Overages. If we receive a Payment Order to pay you, and we erroneously pay you more than the amount of the Payment Order, we are entitled to recover from you the amount in excess of the amount of the Payment Order, regardless of whether you may have some claim to the excess amount against the originator of the Payment Order.

Appears in 4 contracts

Sources: Wire Transfer Agreement, Wire Transfer Agreement, Wire Transfer Agreement