Automated Clearing House Entries. From time to time, we may receive electronic directions to add to or subtract funds from your account, known as ACH credits and debits. All ACH credits and debits the Bank receives for your account will be subject to the terms of this Agreement, and the rules of the National Automated Clearing House Association and any other applicable ACH rules. You are bound by these rules. We can reverse any ACH deposit into your account until we receive the funds and the right of the sender to reverse the transaction expires. If we do not receive final payment, you must repay us the full amount of any temporary credit we give you for the transfer without prior notice or demand, and we may charge the amount to your account or obtain a refund from you. Unless required by law, we will not notify you of ACH transactions, other than on your next regular account statement. You may review ACH debits and other account activity through BerkOnline®. You authorize the Bank to pay ACH transactions presented to the Bank for payment against your account. The Bank reserves the right to require you to sign a separate authorization before honoring ACH transactions. Errors or unauthorized ACH transactions on consumer accounts are also subject to the rules described in Section H below.
Automated Clearing House Entries. From time to time, we may receive electronic directions to add to or subtract funds from your account, known as ACH credits and debits. All ACH credits and debits the Bank receives for your account will be subject to the rules of the National Automated Clearing House Association and any other applicable ACH rules. You agree to be bound by these rules. Any credit given by the Bank to you for an ACH transaction shall be provisional until the Bank receives final payment. If we give you provisional credit for an ACH transfer but do not receive final payment, the originator of the transfer is not deemed to have made payment to you, and you become obligated to us for the full amount of the provisional credit without prior notice or demand, and we may charge the amount to your account or obtain a refund from you. Unless the Bank otherwise agrees in writing, we shall not notify you of receipt of ACH transactions, other than as may be shown in your next regular account statement. You authorize the Bank to debit or credit your account for all ACH transactions, unless you notify us in writing not to accept any ACH transactions. The Bank, in its sole discretion, may refuse to honor ACH transactions. You agree to waive all rights (other than the rights set forth under ACH rules) that you may have to assert, against the Bank, that you did not in fact authorize an ACH debit or that you did not benefit from the proceeds of an ACH debit from your account. The Bank reserves the right to require you to sign a separate authorization before honoring ACH transactions.
Automated Clearing House Entries. Payment Orders that are made through the Automated Clearing House (“ACH”) (“ACH Payment Orders”) are subject to the rules of the ACH, and you agree to be bound by the Operating Rules of the ACH, including the rule making payment to the payee provisional until receipt by the payee’s bank of final settlement of the credit transaction. If final settlement is not received, you will not be deemed to have paid the payee the amount of the Payment Order. Neither you nor any service provider may initiate corrections to files that have already been transmitted to an ACH operator. Check Stop Payment Services You may request a stop payment on a check issued on your Account(s) by completing the form presented as part of the check stop payment Service and submitting all the required information to us (“Check Stop Payment”). All Check Stop Payment requests, renewals, and revocations of stop orders will be subject to our current policy on stop payment requests. For significant or material items, contact us by coming to one of our branches or by telephone in addition to using the Services for Check Stop Payment. You are responsible for reviewing all information available to you to determine whether the check has already been paid, including your account statements. Information available online may not include sufficient historical information to verify whether the check has been paid. Your receipt of a Check Stop Payment confirmation via the Service, or acceptance of your request via the Service, does not conclusively represent whether or not the check has already been paid. In any event, we must receive your Check Stop Payment request sufficiently in advance to provide us with a reasonable opportunity to process your request in sufficient time prior to presentment of the check. There will be a fee assessed for each Check Stop Payment request whether or not we receive the request in time to place the Check Stop Payment. Refer to the Service Fees and Charges Section of this Agreement. You must give us timely, complete, and accurate information as prompted by the Service, including the check date, payee, EXACT amount of the check, and the check number. If any information is incomplete or inaccurate, we will not be responsible for failing to stop payment on the check. You may use the Check Stop Payment Service to stop payment on checks that you have written against your Accounts. If you wish to cancel or amend any other Service transaction, you should use the process applicab...
Automated Clearing House Entries. Prior to the Closing Date, Target will make reasonable efforts to notify all originators of Automated Clearing House ("ACH") entries affecting deposits or Loans of the terms and effect of the Acquisition, to facilitate Purchaser's transfer of the accounts to the Bank Parties immediately after the Closing.
Automated Clearing House Entries. 35 6.13 Communications; Notices; etc. .................................. 35 6.14 Regulatory Authorizations....................................... 36 6.15
Automated Clearing House Entries. Prior to Closing Date, Purchaser and Seller will make every reasonable effort to notify all originators of Automated Clearing House ("ACH") entries affecting Deposits of the terms and effect of the purchase and assumption transaction. For a period of ninety (90) days after the Closing Date, Seller will transmit or provide a tape to Purchaser each business day presenting in ACH NACHA format all ACH entries received by Seller for debit or credit to Transferred Accounts. Seller will provide to Purchaser a settlement sheet each day for the first forty-five (45) days after Closing and weekly for forty-five (45) days thereafter. Seller shall credit Purchaser's DDA the amount by which ACH credits to the Transferred Accounts exceed ACH debits to the Transferred Accounts, and shall debit Purchaser's DDA the amount by which ACH debits to Transferred Accounts exceed ACH credits to Transferred Accounts, in accordance with said settlement sheet.
Automated Clearing House Entries. Electronic payments that are made through the Automated Clearing House (“ACH”) are subject to the rules of the ACH, and the Client agrees to be bound by the Operating Rules of the ACH, including the rule making payment to the payee provisional until receipt by the payee’s bank of final settlement of the credit transaction. If final settlement is not received, the Client will not be deemed to have paid the payee the amount of the bill payment.
