Common use of Customer Acknowledgement Clause in Contracts

Customer Acknowledgement. Customer has access to a copy of the Rules, acknowledges receipt of a copy, or may purchase a copy if they so desire. Customer agrees to comply with and be bound by the Rules and comply with all applicable laws, regulations and policies or procedures established by Bank from time to time and applicable to the transactions governed by this Agreement. In the event Customer violates any of the applicable Rules and NACHA imposes a fine on Bank because of Customer’s violation, Bank may charge the fine to Customer. Xxxx agrees to inform Customer of revisions to the Rules of which the Bank has knowledge.

Customer Acknowledgement. Customer has access to a copy of the Rules, acknowledges receipt of a copy, or may purchase a copy if they so desire. Customer agrees to comply with and be bound by the Rules and comply with all applicable laws, regulations and policies or procedures established by Bank from time to time and applicable to the transactions governed by this Agreement. In the event Customer violates any of the applicable Rules and NACHA imposes a fine on Bank because of Customer’s violation, Bank may charge the fine to Customer. Xxxx Bank agrees to inform Customer of revisions to the Rules of which the Bank has knowledge.