Compliance with the Rules and Applicable Law Sample Clauses

Compliance with the Rules and Applicable Law. The Company represents and warrants that it will comply with the Rules (including proper SEC codes), United States laws, and other applicable laws, regulations and regulatory requirements and that it will not transmit any Entry or engage in any act or omission that violates or causes Glenwood State Bank to violate the Rules, applicable laws, regulations or regulatory requirements, including, without limitation, regulations of the Office of Foreign Asset Control (OFAC), sanctions or executive orders, or any program administered by the United States Department of the Treasury’s Financial Crimes Enforcement Network (“FinCEN”), the Board of Governors of the Federal Reserve and the Federal Financial Institutions Examination Council (“FFIEC”). Glenwood State Bank may terminate or suspend this Agreement upon written notice and identification of a material breach by Company of the Rules. Furthermore, Glenwood State Bank shall have the right to initiate an audit of Company procedures for compliance with this Agreement and the Rules, upon written notification to Company. Glenwood State 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-compliance by Company and Company agrees to fully reimburse and/or indemnify Glenwood State Bank for such charges or fines.
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Compliance with the Rules and Applicable Law. The Company’s rights and obligations with respect to any Entry are governed by the Rules, this Agreement and applicable law. The Company acknowledges receipt of a copy of, or availability of, the Rules. The Rules may also be purchased by contacting the Bank’s Regional Payments Association: xxx.xxxxxx.
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Compliance with the Rules and Applicable Law. Company’s rights and obligations with respect to any Entry are governed by the Rules, and U.S. laws. Company acknowledges receiving online access to ACH Rules. Company agrees to be bound by the Rules, as may be amended from time to time. Company represents and warrants that it will comply with the Rules and applicable laws, regulations, regulatory requirements and Bank’s current Service Documentation, and that it will not transmit any Entry or engage in any act or omission that violates or causes Bank to violate the Rules, applicable laws, regulations or regulatory requirements, including, without limitation, regulations of OFAC, sanctions or executive orders, or any program administered by the United States Department of the Treasury’s Financial Crimes Enforcement Network (“FinCEN”), the Board of Governors of the Federal Reserve and the Federal Financial Institutions Examination Council (“FFIEC”). Bank may terminate or suspend access upon written notice and identification of a material breach by Company of the Rules. Furthermore, 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. 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- compliance by Company and Company agrees to fully reimburse and/or indemnify Bank for such charges or fines. The duties of Company set forth in the following paragraphs of this Agreement in no way limit the requirement of complying with the Rules
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Compliance with the Rules and Applicable Law. The Third Party Sender's rights and obligations with respect to any Entry or File are governed by the Rules, this Agreement and applicable law. The Third Party Sender acknowledges receipt of a copy, or the availability of, the Rules, and that Customer may obtain or purchase a copy of the Rules by contacting Customer's Regional Payments Association (RPA) or by other means available. The Third Party Sender agrees to comply with and be bound by the Rules. The Third Party Sender agrees to comply with applicable state and federal law or regulation and Third Party Sender warrants that it will not transmit any Entry or File that violates applicable state or federal laws, including, without limitation, regulations of and sanctions enforced by the Office of Foreign Asset Control (OFAC). It shall further be the responsibility of the Third Party Sender to obtain information regarding such OFAC enforced sanctions. (This information may be obtained directly from the OFAC Compliance Hotline at (800) 540-OFAC). BND will charge the Third Party Sender with any fines or penalties imposed by OFAC, NACHA or any organization, which are incurred as a result of non-compliance by the Originator or Third Party Sender and the Third Party Sender agrees to fully reimburse and/ or indemnify BND for such charges or fines. The specific duties of the Third Party Sender provided in the following paragraphs of this Agreement in no way limit the foregoing undertaking, and in no way limit the requirement of complying with the Rules. BND may terminate or suspend this Agreement upon written notice and identification of a material breach by Third Party Sender of the Rules. Furthermore, BND shall have the right to initiate an audit of Third Party Sender procedures and security procedures for compliance with this Service Agreement and the Rules, upon written notification to Third Party Sender.
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Compliance with the Rules and Applicable Law. MERCHANT's rights and obligations with respect to any Entry are governed by the NACHA ACH Rules ("the Rules"), this ACH Agreement and applicable law. The Merchant agrees to comply with and be bound by "the ACH Rules". XXXXXXXX agrees to comply with applicable state and federal law or regulation and Merchant warrants that it will not transmit any Entry that violates the laws of the United States, including, without limitation, regulations of the Office of Foreign Asset Control (OFAC).
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Compliance with the Rules and Applicable Law. The Originator’s rights and obligations with respect to any Entry are governed by the Rules, this Agreement and applicable law. The current annual copy of the Rules is available for viewing at xxx.xxxxxxxxxxxxxxxxxxxxxxxxx.xxx . The Originator agrees to comply with and be bound by the Rules. The Originator agrees to comply with applicable state and federal law or regulation and Originator warrants that it will not transmit any Entry that violates the laws of the United States, including, without limitation, regulations of the Office of Foreign Asset Control (OFAC), sanctions or executive orders.
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Compliance with the Rules and Applicable Law. The Merchant's rights and obligations with respect to any Entry are governed by the NACHA Rules ("the Rules"), this Agreement and applicable law. The Merchant agrees to comply with and be bound by "the Rules". The Merchant agrees to comply with applicable state and federal law or regulation and Merchant warrants that it will not transmit any Entry that violates the laws of the United States, including, without limitation, regulations of the Office of Foreign Asset Control (OFAC).
Sample 1
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Compliance with the Rules and Applicable Law. The Company’s rights and obligations with respect to each Entry are governed by the Rules, the policies, procedures, and rules of Financial Institution and the Southwestern Automated Clearing House Association, this Agreement, and applicable law, as all may be amended from time to time. Company shall obtain and maintain the most current version of the Rules at all times at its own expense and agrees to be bound by such Rules. Company may purchase a copy of the Rules at xxx.xxxxxx.xxx or xxx.xxxxx.xxx. Company represents and warrants that it will comply with the Rules and applicable laws, regulations, and regulatory requirements and that it will not transmit any Entry or engage in any act or omission that violates or causes Company or Financial Institution to violate the Rules, laws of the United States, regulations or regulatory requirements, including, without limitation, the Electronic Fund Transfers Act, Consumer Financial Protection Bureau Regulation E, Chapter 4A of the Texas Business and Commerce Code (UCC Article 4A, as adopted in Texas), regulations of the Office of Foreign Asset Control (OFAC) or U.S. sanctions or executive orders. Company shall permit Financial Institution to audit Company’s compliance with this Agreement and the Rules upon reasonable notice to Company and at a reasonable time. Company shall cooperate and assist Financial Institution in any such audit.
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Compliance with the Rules and Applicable Law. MERCHANT's rights and obligations with respect to any Entry are governed by the NACHA Rules ("the Rules"), this Agreement and applicable law. The Merchant agrees to comply with and be bound by "the Rules". XXXXXXXX agrees to comply with applicable state and federal law or regulation and Merchant warrants that it will not transmit any Entry that violates the laws of the United States, including, without limitation, regulations of the Office of Foreign Asset Control (OFAC).‌ DATA RETENTION. MERCHANT shall retain all records related to authorization, including all sales and credit receipts and authorizations for a period of no less than two years following the date of the transaction, or two years from authorization revocation if applicable. According to Paya-EFT’S current Paya-EFT policies, MERCHANT shall, as applicable, stamp or mark “ACH processed” and hand the check back to the check writer and retain for a period of 2 years all ACH Debits received from customers. If check is handed back to check writer, ACH authorization form is handed back to consumer, or recorded oral authorization is lost then MERCHANT acknowledges that Paya-EFT will not be able to provide any check collection services beyond the third electronic presentment of the check. Failure to provide the signed authorization receipt, form, or recorded oral authorization to Paya-EFT will result in cessation of collection efforts, and Paya-EFT will be entitled to immediately debit MERCHANT’S account for any previously processed and returned transactions. ADDITIONAL MERCHANT REPRESENTATIONS. XXXXXXXX agrees to permit Paya-EFT to audit MERCHANT upon reasonable notice. MERCHANT agrees that any outstanding amount(s) owed to Paya-EFT shall be subject to a 1.5% finance charge monthly. Any outstanding sums will be sent to an outside collection agency and charged the maximum amount of civil, legal, and collection fees/charges as is allowed by law. MERCHANT will not disclose and will keep confidential the terms and conditions of this Agreement.
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Related to Compliance with the Rules and Applicable Law

  • Compliance with Applicable Laws, Rules and Regulations The Dealer Manager represents to the Company that (a) it is a member of FINRA in good standing, and (b) it and its employees and representatives who will perform services hereunder have all required licenses and registrations to act under this Agreement. With respect to its participation and the participation by each Participating Dealer in the offer and sale of the Offered Shares (including, without limitation, any resales and transfers of Offered Shares), the Dealer Manager agrees, and, by virtue of entering into the Participating Dealer Agreement, each Participating Dealer shall have agreed, to comply with any applicable requirements of the Securities Act and the Exchange Act, applicable state securities or blue sky laws, and, specifically including, but not in any way limited to, NASD Conduct Rules 2340 and 2420, and FINRA Conduct Rules 2310, 5130 and 5141.

  • Compliance with Rules and Regulations PFPC undertakes to comply with all applicable requirements of the Securities Laws and any laws, rules and regulations of governmental authorities having jurisdiction with respect to the duties to be performed by PFPC hereunder. Except as specifically set forth herein, PFPC assumes no responsibility for such compliance by the Fund or any other entity.

  • Compliance with OFAC Rules and Regulations None of the Credit Parties or their Subsidiaries or their respective Affiliates (a) is a Sanctioned Person, (b) has more than 15% of its assets in Sanctioned Countries, or (c) derives more than 15% of its operating income from investments in, or transactions with Sanctioned Persons or Sanctioned Countries. No part of the proceeds of any Extension of Credit hereunder will be used directly or indirectly to fund any operations in, finance any investments or activities in or make any payments to, a Sanctioned Person or a Sanctioned Country.

  • Compliance with the FDIC Rule The Seller agrees to (i) perform the covenants set forth in Article XII of the Indenture applicable to it and (ii) facilitate compliance with Article XII of the Indenture by the Ally Parties.

  • Compliance with the Law The Parties agree to comply fully with all applicable federal, state, and local statutes, ordinances, rules, and regulations applicable to their entity in connection with the programs contemplated under this Agreement.

  • COMPLIANCE WITH THE ACT All matters related to the operations of the Company not specifically addressed herein must be addressed in accordance with the Act. The Company must comply with all other provisions of the Act in order to stay compliant with the law.

  • Compliance with Governmental Rules and Regulations Except as otherwise provided in the Agreement and except for the accuracy of information furnished to the Fund by Price Services, each Fund assumes full responsibility for the preparation, contents and distribution of its prospectuses and compliance with all applicable requirements of the ’40 Act, the ‘34 Act, the ‘33 Act, and any other laws, rules and regulations of governmental authorities having jurisdiction over the Fund. Price Services shall be responsible for complying with all laws, rules and regulations of governmental authorities having jurisdiction over transfer agents and their activities and cooperating with respect to examinations and requests from such governmental authorities.

  • Compliance with Texas Privacy Laws and Regulations In performing their respective obligations under the Agreement, the LEA and the Provider shall comply with all Texas laws and regulations pertaining to LEA data privacy and confidentiality, including but not limited to the Texas Education Code Chapter 32, and Texas Government Code Chapter 560.

  • Compliance with Applicable Laws and Regulations (a) To the best of Borrower’s knowledge after due inquiry and investigation, each of the following is true: (i) All Improvements and the use of the Mortgaged Property comply with all applicable statutes, rules and regulations, including all applicable statutes, rules and regulations pertaining to requirements for equal opportunity, anti-discrimination, fair housing, environmental protection, zoning and land use (“legal, non-conforming” status with respect to uses or structures will be considered to comply with zoning and land use requirements for the purposes of this representation). (ii) The Improvements comply with applicable health, fire, and building codes. (iii) There is no evidence of any illegal activities relating to controlled substances on the Mortgaged Property. (b) Reserved.

  • Compliance with the Laws ISSUER has complied with, and is not in violation of any federal, state or local statue, law, and/or regulation pertaining to ISSUER. ISSUER has complied with all federal and state securities laws in connection with the issuance, sale and distribution of its securities.

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