Common use of ACH Origination Clause in Contracts

ACH Origination. A. The Service will enable Company by using the Service Site to enter the Payroll Information and to approve and submit it to Provider for creation, formatting and transmission of Entries in accordance with the Rules (as defined below). Provider may reject any Payroll Information or Entry which does not comply with the requirements in this Agreement or the Rules or with respect to which Company’s Account does not contain sufficient available funds to pay for the Entry. If any Payroll Information or Entry is rejected, Provider will make a reasonable effort to notify Company promptly so that Company may correct such Payroll Information or request that the Provider correct the Entry and resubmit it. A notice of rejection will be effective when given. Provider will have no liability to Company by reason of the rejection of any Payroll Information or Entry, the fact that notice is not given at an earlier time than that provided for in this Agreement or for any loss resulting from Provider’s failure to provide notice. If Company requests that Provider repair an Entry on Company’s behalf, Provider may endeavor to do so; provided, however, that Provider will not be liable for its failure to make any requested repair.

Appears in 4 contracts

Samples: Service Agreement, Service Agreement, Service Agreement

AutoNDA by SimpleDocs

ACH Origination. A. The Service will enable Company by using the Service Site Internet to enter the Payroll Information and to approve and submit it to Provider for creation, formatting and transmission of Entries in accordance with the Rules (as defined below). Provider may reject any Payroll Information or Entry created therefrom which does not comply with the requirements in this Agreement or the Rules or with respect to which Company’s Account does not contain sufficient available funds to pay for the Entry. If any Payroll Information or Entry is rejected, Provider will make a reasonable effort to notify Company promptly so that Company may correct such Payroll Information or request that the Provider correct the Entry and resubmit it. A notice of rejection will be effective when given. Provider will have no liability to Company by reason of the rejection of any Payroll Information or Entry, the fact that notice is not given at an earlier time than that provided for in this Agreement or for any loss resulting from Provider’s failure to provide notice. If Company requests that Provider repair an Entry on Company’s behalf, behalf and Provider may endeavor endeavors to do so; provided, however, that Provider will not be liable for its failure to make any the requested repairr epair.

Appears in 1 contract

Samples: Service Agreement

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.