Common use of COMPLIANCE WITH RULES AND LAWS Clause in Contracts

COMPLIANCE WITH RULES AND LAWS. Company acknowledges it has a copy or has access to a copy of the Rules. The Rules may also be purchased online at xxx.xxxxx.xxx under the publications tab. Company agrees to comply with and be subject to the Rules of NACHA in existence at the date of this Agreement, and any amendments to these Rules made from time to time. It shall be the responsibility of the Company that the origination of ACH transactions complies with U.S. law, including but is not limited to sanctions enforced by the Office of Foreign Assets Control (“OFAC”). It shall further be the responsibility of the Company to obtain information regarding such OFAC enforced sanctions. (This information may be obtained directly from the OFAC Compliance Hotline at (800) 540- OFAC). Financial Institution will charge the Company with any fines or penalties imposed by OFAC, NACHA or any organization which are incurred as a result of non- compliance by the Company and the Company agrees to fully reimburse and/or indemnify Financial Institution for such charges or fines. The specific duties of the Company provided in the following paragraphs of this Agreement in no way limit the foregoing undertaking. The duties of the Company set forth in the following paragraphs of this Agreement in no way limit the requirement of complying with the Rules. Financial Institution may terminate or suspend this Agreement upon written notice and identification of a material breach by Company of the Rules. Furthermore, Financial Institution shall have the right to initiate an audit of Company procedures for compliance with this Agreement and the Rules, upon written notification to Company.

COMPLIANCE WITH RULES AND LAWS. Company acknowledges it has a copy or has access to a copy of the Rules. The Rules may also be purchased online at xxx.xxxxx.xxx under the publications tabNACHA Operating Rules. Company agrees to comply with and be subject to the Rules of NACHA in existence at the date of this Service Agreement, and any amendments to these Rules made from time to time. It shall be the responsibility of the Company that the origination of ACH transactions Transactions complies with U.S. law, including but is not limited to sanctions enforced by the Office of Foreign Assets Control (“OFAC”). It shall further be the responsibility of the Company to obtain information regarding such OFAC enforced sanctions. (This information may be obtained directly from the OFAC Compliance Hotline at (800) 540- OFAC)540-OFAC or online at xxx.xxxxxxxx.xxx. Financial Institution Bank will charge the Company with any fines or penalties imposed by OFAC, NACHA or any organization which are incurred as a result of non- non-compliance by the Company and the Company agrees to fully reimburse and/or indemnify Financial Institution Bank for such charges or fines. The specific duties of the Company provided in the following paragraphs of this Service Agreement in no way limit the foregoing undertaking. The duties of the Company set forth in the following paragraphs of this Service Agreement in no way limit the requirement of complying with the Rules. Financial Institution Bank may terminate or suspend this Service Agreement upon written notice and identification of a material breach by Company of the Rules. Furthermore, Financial Institution Bank shall have the right to initiate an audit of Company procedures for compliance with this Service Agreement and the Rules, upon written notification to Company.

COMPLIANCE WITH RULES AND LAWS. Company acknowledges it has a copy or has access to a copy of the Rules. The Rules may also be purchased online at xxx.xxxxx.xxx under the publications tab. Company agrees to comply with and be subject to the Rules of NACHA in existence at the date of this Agreement, and any amendments to these Rules made from time to time. It shall be the responsibility of the Company that the origination of ACH transactions complies with U.S. law, including but is not limited to sanctions enforced by the Office of Foreign Assets Control (“OFAC”). It shall further be the responsibility of the Company to obtain information regarding such OFAC enforced sanctions. (This information may be obtained directly from the OFAC Compliance Hotline at (800) 540- 540-OFAC). Financial Institution will charge the Company with any fines or penalties imposed by OFAC, NACHA or any organization which are incurred as a result of non- non-compliance by the Company and the Company agrees to fully reimburse and/or indemnify Financial Institution for such charges or fines. The specific duties of the Company provided in the following paragraphs of this Agreement in no way limit the foregoing undertaking. The duties of the Company set forth in the following paragraphs of this Agreement in no way limit the requirement of complying with the Rules. Financial Institution may terminate or suspend this Agreement upon written notice and identification of a material breach by Company of the Rules. Furthermore, Financial Institution shall have the right to initiate an audit of Company procedures for compliance with this Agreement and the Rules, upon written notification to Company.

COMPLIANCE WITH RULES AND LAWS. The Company acknowledges it has a copy or has access to a copy of the Rules. The Rules may also be purchased online at xxx.xxxxx.xxx under the publications tab. Company agrees to comply with the ACH Rules currently in existence and as updated annually by the National Automated Clearing House Association (NACHA). The Company further agrees that it will not knowingly originate transactions that violate any laws of the United States. The Company will have liability for rule violations that are determined by the Institution to be subject due to an action by the Company. The Company will be responsible for reimbursing the Institution for fines assessed to the Rules of NACHA in existence at Institution due to rule violations by the date of this Agreement, and any amendments to these Rules made from time to timeCompany. It shall be the responsibility of the Company that the origination preparation, transmittal, origination, and settlement of ACH transactions complies with U.S. lawUnited States laws, including regulations, regulatory guidelines and guidance, and official commentaries. This includes but is not limited to sanctions enforced by the Office of Foreign Assets Control (“OFAC”). It shall further be the responsibility of the Company to obtain information regarding such OFAC enforced sanctions. (This information may be obtained directly from the OFAC Compliance Hotline at (800) 540- 540-OFAC or from the OFAC). Financial Institution will charge 's website at xxx.xxxxxxx.xxx/xxxx.) The Company agrees that the Company with performance of any fines or penalties imposed by OFAC, NACHA or any organization which are incurred as a result of non- compliance action by the Company and Institution to debit or credit an account or transfer funds otherwise required by the Company agrees Rules is excused from the performance of such action to fully reimburse and/or indemnify Financial Institution for such charges or finesthe extent that the action is inconsistent with United States law. The specific duties of the Company provided in the following paragraphs of this Agreement in no way limit the foregoing undertaking. The duties of the Company set forth in the following paragraphs of this Agreement in no way limit the requirement of complying with the Rules. Financial Institution may terminate or suspend this Agreement upon written notice and identification of a material breach by The Company of the Rules. Furthermore, Financial Institution shall have the right has an obligation with respect to initiate an audit of Company procedures for compliance with this Agreement and the Rules, upon written notification to Company.consumer-alleged errors under Regulation E.

COMPLIANCE WITH RULES AND LAWS. Company acknowledges it has a copy or has access to a copy of the Rules. The Rules may also be purchased online at xxx.xxxxx.xxx under the publications estore tab. Company agrees to comply with and be subject to the Rules of NACHA in existence at the date of this Agreement, and any amendments to these Rules made from time to time. It shall be the responsibility of the Company that the origination of ACH transactions complies with U.S. law, including but is not limited to sanctions enforced by the Office of Foreign Assets Control (“OFAC”). It shall further be the responsibility of the Company to obtain information regarding such OFAC enforced sanctions. (This information may be obtained directly from the OFAC Compliance Hotline at (800) 540- 540-OFAC). Financial Institution FI will charge the Company with any fines or penalties imposed by OFAC, NACHA or any organization which are incurred as a result of non- non-compliance by the Company and the Company agrees to fully reimburse and/or indemnify Financial Institution FI for such charges or fines. The specific duties of the Company provided in the following paragraphs of this Agreement in no way limit the foregoing undertaking. The duties of the Company set forth in the following paragraphs of this Agreement in no way limit the requirement of complying with the Rules. Financial Institution FI may terminate or suspend this Agreement upon written notice and identification of a material breach by Company of the Rules. Furthermore, Financial Institution FI shall have the right to initiate an audit of Company procedures for compliance with this Agreement and the Rules, upon written notification to Company.