Common use of Participant Agreement Clause in Contracts

Participant Agreement. The OTG enables a Participant to receive an electronic notification of the issuance of a certificate of title as well as an electronic file of the receipt for payment of the transaction and non-negotiable evidence of ownership (when applied for), which the Participant can print at the location stated above. This Agreement must be completed by the Participant. In each electronically submitted application, the Participant will note the county in which the Participant wants to process transactions. ODPS will electronically route the Participant’s request to the appropriate Clerk of Courts for processing. Along with this agreement, the Participant must submit at least one Acknowledgement of Financial Arrangements completed by the Clerk of Courts of a county in which the Participant has chosen to process transactions. Both this Agreement and the Acknowledgement of Financial Arrangements must be submitted together as a prerequisite to participation in the OTG process. The Participant may choose to submit multiple Acknowledgements of Financial Arrangements. The Participant may file additional Acknowledgements of Financial Arrangements at any time after this Agreement’s effective date. The Participant must have an Acknowledgement of Financial Arrangements completed by the Clerk of each county in which the Participant seeks to process transactions.

Participant Agreement. The OTG ETA process enables a Participant to receive an electronic notification of the issuance of a certificate of title as well as an electronic file of the receipt for payment of the transaction and non-negotiable evidence of ownership (when applied for), which the Participant can print at the location stated above. This Agreement must be completed by the Participant. In each electronically submitted application, the Participant will note the county in which the Participant wants to process transactions. ODPS will electronically route the Participant’s request to the appropriate Clerk of Courts for processing. Along with this agreement, the Participant must submit at least one Acknowledgement of Financial Arrangements completed by the Clerk of Courts of a county in which the Participant has chosen to process transactions. Both this Agreement and the Acknowledgement of Financial Arrangements must be submitted together as a prerequisite to participation in the OTG ETA process. The Participant may choose to submit multiple Acknowledgements of Financial Arrangements. The Participant may file additional Acknowledgements of Financial Arrangements at any time after this Agreement’s effective date. The Participant must have an Acknowledgement of Financial Arrangements completed by the Clerk of each county in which the Participant seeks to process transactions.