Debit Entries Sample Clauses

Debit Entries. Fattmerchant shall on the applicable Settlement Date credit the account with the amount of each debit Entry transmitted to Fattmerchant. In the event any Entry is returned in accordance with the Rules by a Receiving Depository Bank after Fattmerchant has provided credit, Merchant shall, upon demand, repay Fattmerchant the amount of the Return Entry.

Debit Entries. Bank shall on the applicable Settlement Date credit the Account with the amount of each debit Entry transmitted by Bank. In the event any Entry is returned in accordance with the Rules by a Receiving Depository after Bank has provided credit, Company shall, upon demand, repay Bank the amount of the Return Entry. Bank may require Company to maintain reserves in order to adequately cover return items. Cut-off times are posted within the Business Online Banking programs and can also be located at xxx.XXXX.xxx. Any ACH transmission received by Bank after its daily Cut-off time shall be deemed to have been received by Bank at the opening of its next Business Day.

Debit Entries. We shall credit the ACH Account with the amount of each debit Entry transmitted to us by our Automated Clearing House upon expiration of the Credit Hold Period. In the event any Entry is properly returned by a Receiving Depository Financial Institution after we have provided credit, (i) you shall, upon demand, repay us the amount of the returned Entry or Depository Transfer Check, or (ii) we may, at our election, set off such amounts against any of your accounts.

Debit Entries. On the applicable Settlement Date your Account will automatically be credited for the total of the debit Entries transmitted to F&M BANK by its Automated Clearing House. In the event any Entry is properly returned by a Receiving Depository Financial Institution after F&M BANK has provided credit, (i) Company shall, upon demand, repay F&M BANK the amount of the returned Entry or Depository Transfer Check, or (ii) F&M BANK may, at its election, set off such amounts against any Company Account.

Debit Entries. When you initiate a debit Entry, you will receive immediately available funds in the Authorized Accounts for such Entry on the applicable effective date or the next banking day after our receipt of the debit Entry information from you.. You will promptly provide good collected funds into the affected Authorized Account to repay us for the amount of the Entry if any debit Entry is rejected after we have permitted you to withdraw good collected funds in the amount thereof or if any adjustment memorandum that relates to any such Entry is received by us.

Debit Entries. Bank will credit the Settlement Account with immediately available funds for the amount of any preauthorized Debit Entry executed by Bank at any time on the Settlement Date as Bank, in its sole discretion, may determine for those Entries, and in accordance with the NACHA Rules. Customer agrees that Bank may immediately charge to the Settlement Account the amount of each preauthorized debit that is returned unpaid by any Receiving Bank according to the NACHA Rules.

Debit Entries. Bank shall credit Customer’s Account for the amounts of debit Entries processed for Customer here-under on the settlement date for such Entries; it being expressly understood, however, that each credit to Customer’s Account on account of a debit Entry is provisional until Bank receives final settlement for such Entry, and Bank may charge-back to Customer’s Account the amount of any debit Entry credited to Customer’s Account for which Bank does not, for any reason, receive final settlement.

Debit Entries. HVCU shall on the applicable Settlement Date credit the account with the amount of each debit Entry transmitted to HVCU. In the event any Entry is returned in accordance with the Rules by a Receiving Depository Financial Institution after HVCU has provided credit, you shall, upon demand, repay HVCU the amount of the Return Entry. HVCU may require you to maintain reserves in accordance with Section 14 of this Addendum.

Debit Entries. 11.1. A transaction on a current account can be made through cheques, payment orders or transfers, or by any other legal means accepted by the Bank. 11.2. Loan payments and other transactions resulting from debit authorisations, commissions, fees, charges, taxes, debtor interest and taxes relating to the account and other types of accounts associated with it and with the services contracted by the Client are debited on the current account as well as transactions associated with the contracting of financial applications. 11.3. The Bank reserves the right not to debit the account with transactions that exceed the available balance. When the Bank chooses to carry out these operations, an overdraft commission and/or debtor interest will be applied and, unless an overdraft authorisation has been agreed to, the Client is obliged to regularise the debit balance by the end of the day in which it takes place, or if this occurs on a Saturday, Sunday or holiday, by the following working day.

Debit Entries. Adjustments. Bank shall credit the Account on each Settlement Date in an amount equal to the aggregate amount of Debit Entries or any adjustment to any Entry, processed and transmitted by Bank in the name of Customer, to be settled that day. Bank need not make any deposit to the Account available for withdrawal until Bank has reason to know that the Debit Entries or adjusting Entries have been paid. In the event Bank fails to receive final settlement for whatever reason, Bank may charge back the amount thereof to the Account or claim a refund from Customer.