Alternate Funding. If you request and are approved for Alternate Funding, we will generally initiate an ACH of settlement funds due to you to the Designated Account within one business day (i.e., any day the Federal Reserve is open for business, other than Sundays or State or Federal holidays), provided we receive the complete transaction data by the applicable cutoff time. We have no liability to you if we do not ACH your settlement funds within one business day. If you are not approved for Alternate Funding, we will set you up with Premium ACH for your deposit timeframe. We can change your deposit timeframe from Alternate Funding to Premium ACH at any time and without giving you advance notice. We can also, in our sole discretion, delay your settlement payments for up to seven days from the date we received the settlement payment. This does not preclude us from exercising our right to establish a Reserve Account or to suspend payments pursuant to this Agreement. On the next business day following the expiration of the delay period, we will begin crediting the settlement payments to your Designated Account, less any amounts you owe us. This delay of the settlement payments will be ongoing and will continue as long as we are providing you with processing Services (i.e., it will be a rolling delay). Additionally, we have a right to delay, in our sole discretion, crediting the Designated Account with funds evidenced by submitted Card transactions. You are responsible for verifying the amount of funds actually deposited to and available in your Designated Account on a daily basis. We are not responsible for the availability of funds represented by submitted Card transactions, or for any charges you incur for overdrawing the Designated Account.
Alternate Funding. If Alternate Funding is selected on the Merchant Application but Merchant is not approved by Processor to receive Alternate Funding, Merchant will be set up with Premium ACH for Merchant’s deposit timeframe. If Alternate Funding is selected on the Merchant Application and Merchant is approved for Alternate Funding, and Processor has not placed Xxxxxxxx’s account on hold, Processor will generally initiate an ACH of settlement funds due to Merchant, subject to the terms of this Agreement, to the Designated Account the business day (which, for purposes herein, will mean any day on which the Federal Reserve is open for business, other than Sundays or State or Federal holidays) after Processor processes such transactions, provided that Processor successfully receives the complete transaction data by the applicable cut off time. Notwithstanding the foregoing, Processor will not be liable to Merchant if an ACH of Merchant’s settlement funds is not initiated within such one business day time period. Processor may change Merchant’s deposit time frame from Alternate Funding to Premium ACH at any time and without advance notice to Merchant. Processor may, within its sole discretion, delay Merchant’s settlement payments for up to seven (7) days, which period will begin after the settlement payments were received by Processor. In this event, Merchant acknowledges that Processor will, and Merchant expressly authorizes Processor to, delay Xxxxxxxx’s settlement payments for up to seven (7) days. This delay of Xxxxxxxx’s settlement funds does not preclude Processor from exercising its right to establish a Reserve Account or to suspend payments pursuant to this Agreement. The settlement payments will begin to be credited to Xxxxxxxx’s Designated Account, less any monies owed Processor, on the next business day following expiration of this rolling delay period. This rolling delay of the settlement payments will be ongoing and continue as long as Processor is providing Merchant’s processing services. In addition, Processor has a right to delay, within its discretion, crediting the Designated Account with funds evidenced by submitted Card transactions. Xxxxxxxx is responsible for verifying the amount of funds actually deposited to and available in Merchant’s Designated Account on a daily basis. Processor is not responsible for the availability of funds represented by submitted Card transactions, or for any charges Merchant may incur for overdrawing the Designated Account. Atta...
Alternate Funding. In lieu of PURCHASER purchasing the notes dierectly from LENDER, PURCHASER may cause third parties to purchase or satisfy the Notes, on the terms set forth herein, in exchange for securities issued by Audioeye, Inc.
Alternate Funding. If alternate funding sources are available for nutrition and educational services, Early Head Start dollars shall be the last dollars spent. It is specifically required that benefits from the United States Department of Agriculture (USDA) (CACFP or the like) will be utilized fully before Early Head Start funds are used to support food costs. PROVIDER shall maintain documentation of its receipt and application of alternative food and educational funding sources.
Alternate Funding. The parties hereto agree that the local municipalities have sole control of the choice of the funding source consistent with the proportions approved by the governing body in each governmental unit. These proportions may change from time to time (depending upon the percentage of the state equalized value and the number of participants) to finance transportation, programs, activities and services for active adults, and to operate equipment and maintain the Adult Activity Center to the extent of the maximum authorized millage rate pursuant to state law on each dollar of state equalized value for taxable property in the Villages and City. The parties acknowledge the communities have the sole authority to fund the obligations created herein with whatever means they deem appropriate which includes, but is not limited to a senior millage, contributions from other revenue sources, bonding, or CBDG funds. In the event that a governmental body has not approved a similar millage proposition, that governmental unit’s on-going funding of the Commission’s activities and programs shall be determined on a yearly basis equal to the proposed millage allocation. In the alternative, the Commission may set as a reasonable yearly membership fee for that governmental unit’s residents which is equitable in regard to the benefits derived from the various programs by that governmental unit’s residents. The governmental body participating in this membership option may continue to appoint a member or members to the Commission, as established by Article III, who shall have full voting rights.
Alternate Funding. Client services shall not be reimbursed under this Agreement when the same services are paid for under the Rehabilitation Act of 1973 (DVR), P.L. 94-142 (Public Education), or any other source of public or private funding.
Alternate Funding. An Applicant may not apply for, use or accept MDA funds to support the same budgetary aspects of a research project already supported either by another source. If funds for the project in question become available to the MVP recipient from other sources during the review or tenure of an MVP research project, the MVP recipient must so inform MDA’s Research Department in writing. MDA will then make a decision about the allocation of its research award.
