ACH Processing Services. Whereas Company wishes to initiate various pre-authorized Debit or Credit Entries (“Entries”), pursuant to the terms of this Agreement and the rules of the National Automated Clearing House Association (“NACHA”), through the Automated Clearing House (“ACH”) and Processor is capable and willing to act as a Third- Party Sender (“TPS) with respect to such Entries, Company hereby agrees to the following:
ACH Processing Services. If the ACH Processing Services are a service to be provided under this Agreement, the additional terms and conditions set out in Annexure A to this Agreement will apply. TERMS AND CONDITIONS Section B: Applying for an Payrix Services
ACH Processing Services. If the Customer elects to receive ACH Processing Services on the Application, then the ACH Processing Services Additional Terms and Conditions set forth on Exhibit A attached hereto shall be incorporated into and constitute a part of the Agreement. If the Customer does not make use of the ACH Processing Services for ninety (90) consecutive days, the Bank reserves the right to cancel these Services at any time. If the Bank exercises its right to cancel these Services, then the Customer may reapply for this Service by completing an amended Application pursuant to Section 1 of this Agreement.
ACH Processing Services. The Contractor shall perform on behalf of the State ACH processing services, which shall include, but not be limited to, originations, returns and receipts. As a part of this process, the Contractor shall ensure the State retains the ability to track and monitor origination files, reconcile the State’s origination activity as it is occurring, and balance the settlement of the origination activity daily. The Contractor acknowledges and agrees that the state of Tennessee has over two hundred (200) specific ACH accounts and that the State intends to continue to use these accounts. The Contractor will provide reporting and online access to state employees as requested by the State of Tennessee Treasury Department. Detailed procedures for these processes shall be contained in the Operating Procedures developed pursuant to Section A.2 above. As part of the security described in Section A.6.h below and in accordance with pages [PAGE NUMBERS FROM SUCCESSFUL PROPOSAL WHICH RESPOND TO SECTION C.2.5.2) of RFP ATTACHMENT 6.2] of the Contractor's Proposal, the Contractor shall ensure that the specific state of Tennessee agencies will only be able to access the accounts for which the agencies have been granted authorization to access.
ACH Processing Services
