Common use of ACH System Clause in Contracts

ACH System. Member must use Alloya’s ACH System for receiving and/or originating ACH Entries as described in the services listed above. (A) Alloya’s ACH System consists of a web-based transaction processing system and a secure file transfer application. Members may use either or both systems. (B) Alloya will be responsible for maintaining the ACH System and for providing manuals that define the requirements for processing Entries. (C) Alloya will make the system available at a minimum on all business days, Monday through Friday, excluding Federal Holidays. Alloya will process Entries according to the cutoff times published in Premier View. (D) Member will be responsible for establishing and maintaining an Internet connection to the ACH System. (E) Member will comply with the terms of the Security Procedures and Computer Services as defined in the MMA when using the ACH System. Member is responsible for all Entries given to Alloya by any form of communications which are received by Alloya and identified in accordance with Security Procedures, whether such requests were properly authorized by Member, so long as such request(s) were identified in accordance with Security Procedures. (F) Member will comply with the formatting and other data entry requirements as defined in the NACHA Rules and as defined in Alloya’s ACH documentation made available to Member.

Appears in 2 contracts

Samples: Automated Clearing House Services Product Operating Agreement, Automated Clearing House Services Product Operating Agreement

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ACH System. Member must use Alloya’s ACH System for the purpose offor receiving and/or originating ACH Entries as described in the services listed above. (A) Alloya’s ACH System consists of a web-based transaction processing system and a secure file transfer application. Members may use either or both systems. (B) Alloya will be responsible for maintaining the ACH System and for providing manuals that define the requirements for processing Entries. (C) Alloya will make the system available at a minimum on all business days, Monday through Friday, excluding Federal Holidays. Alloya will process Entries according to the cutoff times published in Premier View. (D) Member will be responsible for establishing and maintaining an Internet connection to the ACH System. (E) Member will comply with the terms of the Security Procedures and Computer Services as defined in the MMA when using the ACH System. Member is responsible for all Entries given to Alloya by any form of communications which are received by Alloya and identified in accordance with Security Procedures, whether or notwhether such requests were properly authorized by Member, so long as such request(s) were identified in accordance with Security Procedures. (F) Member will comply with the formatting and other data entry requirements as defined in the NACHA Rules and as defined in Alloya’s ACH documentation made available to Member.

Appears in 1 contract

Samples: Automated Clearing House Services Product Operating Agreement

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ACH System. Member must use AlloyaXxxxxx’s ACH System for receiving and/or originating ACH Entries as described in the services listed above. (A) AlloyaXxxxxx’s ACH System consists of a web-based transaction processing system and a secure file transfer application. Members may use either or both systems. (B) Alloya Xxxxxx will be responsible for maintaining the ACH System and for providing manuals that define the requirements for processing Entries. (C) Alloya will make the system available at a minimum on all business days, Monday through Friday, excluding Federal Holidays. Alloya Xxxxxx will process Entries according to the cutoff times published in Premier View. (D) Member will be responsible for establishing and maintaining an Internet connection to the ACH System. (E) Member will comply with the terms of the Security Procedures and Computer Services as defined in the MMA when using the ACH System. Member is responsible for all Entries given to Alloya by any form of communications which are received by Alloya Xxxxxx and identified in accordance with Security Procedures, whether such requests were properly authorized by Member, so long as such request(s) were identified in accordance with Security Procedures. (F) Member will comply with the formatting and other data entry requirements as defined in the NACHA Rules and as defined in AlloyaXxxxxx’s ACH documentation made available to Member.

Appears in 1 contract

Samples: Product Operating Agreement

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