Common use of ACH Services Clause in Contracts

ACH Services. When requested by Merchant, Processor will also provide ACH processing services at the rates specified in Schedule A. Merchant agrees that information supplied in this application may be used to establish a separate ACH account. Merchant agrees that Bank and Processor will deduct processing fees from the Operating Account or Reserve Account on a daily basis unless a monthly basis is specified on Schedule A. Merchant also agrees to pay Bank or Processor the amount of any fees, charges or penalties assessed against Bank or Processor. Merchant agrees to abide by all National Automated Clearing House Association (NACHA) rules and regulations governing ACH processing and use of their network

Appears in 2 contracts

Samples: Merchant Card Processing Agreement, Merchant Card Processing Agreement

AutoNDA by SimpleDocs

ACH Services. When requested by Merchant, Processor will also provide ACH processing services at the rates specified in Schedule A. Merchant Xxxxxxxx agrees that information supplied in this application may be used to establish a separate ACH account. Merchant Xxxxxxxx agrees that Bank and Processor will deduct processing fees from the Operating Account or Reserve Account on a daily basis unless a monthly basis is specified on Schedule A. Merchant Xxxxxxxx also agrees to pay Bank or Processor the amount of any fees, charges or penalties assessed against Bank or Processor. Merchant Xxxxxxxx agrees to abide by all National Automated Clearing House Association (NACHA) rules and regulations governing ACH processing and use of their networknetworks.

Appears in 1 contract

Samples: Merchant Card Processing Agreement

ACH Services. When requested by Merchant, Processor will also provide ACH processing services at the rates specified in Schedule A. Merchant Xxxxxxxx agrees that information supplied in this application may be used to establish a separate ACH account. Merchant Xxxxxxxx agrees that Bank and Processor will deduct processing fees from the Operating Account or Reserve Account on a daily basis unless a monthly basis is specified on Schedule A. Merchant Xxxxxxxx also agrees to pay Bank or Processor the amount of any fees, charges or penalties assessed against Bank or Processor. Merchant Xxxxxxxx agrees to abide by all National Automated Clearing House Association (NACHA) rules and regulations governing ACH processing and use of their network

Appears in 1 contract

Samples: Merchant Card Processing Agreement

AutoNDA by SimpleDocs

ACH Services. When requested by Merchant, Processor will also provide ACH processing services at the rates specified in Schedule A. Merchant agrees that information supplied in this application may be used to establish a separate ACH account. Merchant agrees that Bank and Processor will deduct processing fees from the Operating Account or Reserve Account on a daily basis unless a monthly basis is specified on Schedule A. Merchant also agrees to pay Bank or Processor the amount of any fees, charges or penalties assessed against Bank or Processor. Merchant agrees to abide by all National Automated Clearing House Association (NACHA) rules and regulations governing ACH processing and use of their networknetworks.

Appears in 1 contract

Samples: Merchant Card Processing Agreement

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