Common use of Rejection of Payment Orders Clause in Contracts

Rejection of Payment Orders. The Bank reserves the right, in its sole discretion, to reject any payment order for any reason and you agree that the Bank shall incur no liability whatsoever to you or any third party because of any such rejection. In the event that the Bank elects to reject a payment order, the Bank will notify you of the rejection.

Rejection of Payment Orders. The Bank reserves the right, in its sole discretion, to reject or accept any payment order for any reason and you agree Payment Order. The Customer agrees that the Bank shall incur no liability whatsoever to you the Customer or any third party because of any such rejectionrejection or acceptance. In the event that the Bank elects to reject a payment orderPayment Order, the Bank will shall notify you the Customer of the rejectionrejection orally, electronically or in writing. The Customer agrees to have on deposit with the Bank available funds sufficient to cover the amount of each Payment Order on the execution date of each Payment Order.