Common use of ORIGINATING TRANSACTIONS Clause in Contracts

ORIGINATING TRANSACTIONS. BASE COMMERCE will use the information provided by Merchant to originate Entries to the ACH Network. Merchant acknowledges and agrees that BASE COMMERCE may reject Entries for any reason permitted or required by the Rules or applicable Regulations. Merchant also acknowledges and agrees that Entries or files may be rejected which exceed the threshold parameters identified and set for Merchant. Merchant also acknowledges and agrees that an Entry may be rejected if the Entry would cause BASE COMMERCE to violate any Federal Reserve or other regulatory risk control program, any other applicable Rule or Regulation, or BASE COMMERCE’S agreement with its ODFI. At Merchant’s request, BASE COMMERCE will make reasonable efforts to reverse, modify, or delete an Entry, but will have no responsibility for the failure to comply with that request. All such requests must be made in writing and faxed, delivered, or mailed to BASE COMMERCE.

ORIGINATING TRANSACTIONS. BASE CHECK COMMERCE will use the information provided by Merchant to originate Entries to the ACH Network. Merchant acknowledges and agrees that BASE CHECK COMMERCE may reject Entries for any reason permitted or required by the Rules or applicable Regulations. Merchant also acknowledges and agrees that Entries or files may be rejected which exceed the threshold parameters identified and set for Merchant. Merchant also acknowledges and agrees that an Entry may be rejected if the Entry would cause BASE CHECK COMMERCE to violate any Federal Reserve or other regulatory risk control program, any other applicable Rule or Regulation, or BASE CHECK COMMERCE’S agreement with its ODFI. At Merchant’s request, BASE CHECK COMMERCE will make reasonable efforts to reverse, modify, or delete an Entry, but will have no responsibility for the failure to comply with that request. All such requests must be made in writing and faxed, delivered, or mailed to BASE CHECK COMMERCE.