CREDIT AND DEBIT ENTRIES; RECORDS RETENTION. Company shall obtain an authorization substantially similar to the samples set forth in (“Authorization Form”) as required by the Rules from the person or entity whose account will be debited or credited as the result of a debit or credit Entry initiated by Company and Company shall retain the Authorization Agreement in original form while it is in effect and the original or a copy of each authorization for two (2) years after termination or revocation of such authorization as stated in the Rules. Company shall furnish the person or entity executing the Authorization Agreement with a copy of the same. Upon request, Company shall furnish the original or a copy of the authorization to any affected Participating Depository Financial Institution, as defined in the Rules.
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Samples: Treasury Management Services Master Agreement, Online Banking Services Agreement
CREDIT AND DEBIT ENTRIES; RECORDS RETENTION. Company shall obtain an authorization substantially similar to the samples set forth in (“Authorization FormAgreement”) as required by the Rules from the person or entity whose account will be debited or credited as the result of a debit Debit or credit Credit Entry initiated by Company and Company shall retain the Authorization Agreement in original form while it is in effect and the original or a copy of each authorization for two (2) years after termination or revocation of such authorization as stated in the Rules. Company shall furnish the person or entity executing the Authorization Agreement with a copy of the same. Upon request, Company shall furnish the original or a copy of the authorization to any affected Participating Depository Financial Institution, as defined in the Rules.
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Samples: Business Online Banking and Cash Management Services Master Agreement
CREDIT AND DEBIT ENTRIES; RECORDS RETENTION. Company shall obtain an authorization substantially similar to the samples set forth in Schedule B (“Authorization FormAgreement”) as required by the Rules from the person or entity whose account will be debited or credited as the result of a debit or credit Entry initiated by Company and Company shall retain the Authorization Agreement in original form while it is in effect and the original or a copy of each authorization for two (2) years after termination or revocation of such authorization as stated in the Rules. Company shall furnish the person or entity executing the Authorization Agreement with a copy of the same. Upon request, Company shall furnish the original or a copy of the authorization to any affected Participating Depository Financial Institution, as defined in the Rules.
Appears in 1 contract
CREDIT AND DEBIT ENTRIES; RECORDS RETENTION. Company shall obtain an authorization substantially similar to the samples set forth in Schedule F (“Authorization FormAgreement”) as required by the Rules from the person or entity whose account will be debited or credited as the result of a debit or credit Entry initiated by Company and Company shall retain the Authorization Agreement in original form while it is in effect and the original or a copy of each authorization for two (2) years after termination or revocation of such authorization as stated in the Rules. Company shall furnish the person or entity executing the Authorization Agreement with a copy of the same. Upon request, Company shall furnish the original or a copy of the authorization to any affected Participating Depository Financial Institution, as defined in the Rules.
Appears in 1 contract
Samples: Ach Origination Agreement