Common use of NACHA / OFAC Compliance Clause in Contracts

NACHA / OFAC Compliance. All electronic transactions made hereunder shall comply with the NACHA rules and this addendum. No entry made hereunder may knowingly or intentionally violate federal, state or local laws, including, without limitation, regulations of the Office of Foreign Assets Control (“OFAC”). You shall ensure that no transactions made hereunder constitute “prohibited transactions” under OFAC regulations.

Appears in 6 contracts

Samples: Software License Agreement, Software License Agreement, Software License Agreement

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NACHA / OFAC Compliance. All electronic transactions made hereunder shall comply with the NACHA rules and this addendumAgreement. No entry made hereunder may knowingly or intentionally violate federal, state or local laws, including, without limitation, regulations of the Office of Foreign Assets Control (“OFAC”). You Customer shall ensure that no transactions made hereunder constitute “prohibited transactions” under OFAC regulations.

Appears in 3 contracts

Samples: Direct Deposit Services Agreement, Direct Deposit Services Agreement, Direct Deposit Services Agreement

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