Common use of Reversal of Entries Clause in Contracts

Reversal of Entries. If any payment has been made by us as a result of any Card Transaction: (a) and the Card Account was consequently debited, but the debit was reversed in error or the Card Account was not debited at all; or (b) after any payment instruction was given on the Card Account but before such payment instruction has been honoured, then we shall be entitled to correct the Card Account by (i) debiting the Card Account with the amount paid by us; or (ii) by dishonouring or returning cheques or other instruments and reversing the payment instruction, if there are insufficient funds available in the Card Account, as the case may be.

Reversal of Entries. If any payment has been made by us as a result of any Card Transactionyour use or purported use of Card: (a) and the Card Account was consequently debited, but the debit was reversed in error or the Card Account was not debited at all; or (b) after any payment instruction was given on the Card Account but before such payment instruction has been honoured, then we shall be entitled to correct the Card Account by (i) debiting the Card Account with the amount paid by us; or (ii) by dishonouring or returning cheques or other instruments and reversing the payment instruction, if there are insufficient funds available in the Card Account, as the case may be.

Reversal of Entries. If any payment has been made by us as a result of any Card Transaction: (a) and the Card Account was consequently debited, but the debit was reversed in error or the Card Account was not debited at all; or (b) after any payment instruction was given on the Card Account but before such payment instruction has been honoured, then we shall be entitled to correct the Card Account by (i) debiting the Card Account with the amount paid by us; or (ii) by dishonouring or returning cheques or other instruments and reversing the payment instruction, if there are insufficient funds available in the Card Account, as the case may asthecasemay be.