Common use of Account Reconciliation Clause in Contracts

Account Reconciliation. Fund Transfer Entries credited/debited to accounts of Company as identified in the Agreement will be reflected on Company’s periodic statement issued by Bank pursuant to the agreement between Bank and Company. Company agrees to notify Bank promptly of any discrepancy between Company’s records and the information shown on any such periodic statement. If Company fails to notify Bank of any such discrepancy within sixty (60) days of receipt of a periodic statement containing such information, Company agrees that Bank shall not be liable for any other losses resulting from Company’s failure to give such notice or any loss of interest with respect to an Entry shown on such periodic statement. If Company fails to notify bank of any such discrepancy within sixty (60) days of receipt of such periodic statement, Company shall waive all rights to assert such discrepancy against Bank.

Appears in 5 contracts

Samples: Internet Banking Agreement, Internet Banking Agreement, Internet Banking Agreement

AutoNDA by SimpleDocs

Account Reconciliation. Fund Transfer Entries creditedaccepted and processed by Bank or Credited/debited Debited to accounts of Company as identified in the Agreement a Receiver’s account maintained with Bank will be reflected on Company’s periodic statement issued by Bank with respect to the Authorized Account pursuant to the agreement between Bank and Company. Company agrees to notify Bank promptly of any discrepancy between Company’s records and the information shown on any such periodic statement. If Company fails to notify Bank of any such discrepancy within sixty (60) days of receipt of a periodic statement containing such information, Company agrees that Bank shall not be liable for any other losses resulting from Company’s failure to give such notice or any loss of interest with respect to an Entry shown on such periodic statement. If Company fails to notify bank Bank of any such discrepancy within sixty (60) days of receipt of such periodic statement, Company shall waive all rights to assert such discrepancy against Bank.

Appears in 4 contracts

Samples: Internet Banking Agreement, Internet Banking Agreement, Internet Banking Agreement

Account Reconciliation. Fund Transfer Entries credited/debited to accounts of Company as identified in the Agreement will be reflected on Company’s periodic statement issued by Bank pursuant to terms of the applicable agreement entered into between Bank and CompanyCompany upon the opening of an Authorized Account. Company agrees to notify Bank promptly of any discrepancy between Company’s records and the information shown on any such periodic statement. If Company fails to notify Bank of any such discrepancy within sixty (60) days of receipt of a periodic statement containing such information, Company agrees that Bank shall not be liable for any other losses resulting from Company’s failure to give such notice or any loss of interest with respect to an Entry shown on such periodic statement. If Company fails to notify bank of any such discrepancy within sixty (60) days of receipt of such periodic statement, Company shall waive all rights to assert such discrepancy against Bank.

Appears in 4 contracts

Samples: Internet Banking Agreement, Internet Banking Agreement, Internet Banking Agreement

Account Reconciliation. Fund Transfer Entries credited/debited Image items accepted and processed by Bank or credited to accounts of Company as identified in the Agreement Company's account maintained with Bank will be reflected on Company’s periodic statement issued by Bank with respect to the Authorized Account pursuant to the agreement between Bank and Company. Company agrees to notify Bank promptly of any discrepancy between Company’s records and the information shown on any such periodic statement. If Company fails to notify Bank of any such discrepancy within sixty (60) days of receipt of a periodic statement containing such information, Company agrees that Bank shall not be liable for any other losses resulting from Company’s failure to give such notice or any loss of interest with respect to an Entry shown on such periodic statement. If Company fails to notify bank Bank of any such discrepancy within sixty (60) days of receipt of such periodic statement, Company shall waive all rights to assert such discrepancy against Bank.

Appears in 4 contracts

Samples: Internet Banking Agreement, Internet Banking Agreement, Internet Banking Agreement

Account Reconciliation. Fund Transfer Entries credited/transmitted by Bank or credited or debited to accounts of Company as identified in the Agreement a Receiver’s account maintained with Bank will be reflected on Company’s periodic statement issued by Bank pursuant with respect to the agreement between Bank and CompanyCompany Account. Company agrees to notify Bank promptly of any discrepancy between Company’s records and the information shown on any such periodic statement. If Company fails to notify Bank of any such discrepancy within sixty forty five (6045) days of receipt of a periodic statement containing such information, Company agrees that Bank shall not be liable for any other losses resulting from Company’s failure to give such notice or any loss of interest with respect to an Entry shown on such periodic statement. If Company fails to notify bank Bank of any such discrepancy within sixty forty five (6045) days of receipt of such periodic statement, Company shall waive all rights to assert be precluded from asserting such discrepancy against Bank.

Appears in 3 contracts

Samples: Settlement Services Agreement (Transfirst Holdings Corp.), Settlement Services Agreement (Transfirst Holdings Corp.), Clearing and Settlement Services Agreement (TransFirst Inc.)

AutoNDA by SimpleDocs

Account Reconciliation. Fund Transfer Entries credited/debited to accounts of Company as identified in the Agreement transmitted by Bank One will be ---------------------- reflected on Company’s 's periodic statement issued by Bank pursuant One with respect to the agreement between Bank and CompanyAccount. Company agrees to notify Bank One promptly of any discrepancy between Company’s 's records and the information shown on any such periodic statement. If Company fails to notify Bank One of any such discrepancy within sixty thirty (6030) days of receipt of a periodic statement containing such information, Company agrees that Bank One shall not be liable for any other losses resulting from Company’s 's failure to give such notice or any loss of interest with respect to an Entry shown on such periodic statement. If Company fails to notify bank Bank One of any such discrepancy within sixty (60) days of receipt of such periodic statement, Company shall waive all rights to assert be precluded from asserting such discrepancy against BankBank One.

Appears in 2 contracts

Samples: Clearing House Agreement (Paymap Inc), Clearing House Agreement (Paymap Inc)

Account Reconciliation. Fund Transfer Entries credited/debited transmitted by the Bank with respect to accounts of Company as identified in the Agreement Company's account at the Bank will be reflected on the Company’s 's periodic statement issued by Bank pursuant to the agreement between Bank and CompanyBank. The Company agrees to notify the Bank promptly of any discrepancy between Company’s 's records and the information shown on any such periodic statement. If the Company fails to notify the Bank of any such discrepancy within sixty ninety (6090) days of receipt of a periodic statement containing such information, the Company agrees that the Bank shall not be liable for any other losses resulting from the Company’s 's failure to give such notice or any loss of interest with respect to an Entry shown on such periodic statement. If the Company fails to notify bank the Bank of any such discrepancy within sixty ninety (6090) days of receipt of such periodic statement, the Company shall waive all rights to assert be precluded from asserting such discrepancy against the Bank.

Appears in 1 contract

Samples: Agreement for Electronic Payments (Avert Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!