Common use of Payment Transaction Limits Clause in Contracts

Payment Transaction Limits. You agree not to: (a) exceed the transaction limits we establish from time to time for your Service; (b) allow anyone to initiate Orders without proper supervision and adequate safeguards; or (c) submit ACH debit Orders for Accounts receivable (ARC), represented check (RCK), international (IAT), back-office conversion (BOC), telephone-initiated (TEL), Internet- initiated (WEB), point-of-purchase (POP), point-of-sale (POS), machine transfer entry (MTE), shared network entry (SHR), check truncation (TRC or TRX), customer-initiated (CIE), or destroyed check (XCK) entries (each a “Restricted Order”) unless we otherwise consent in the Specifications, or some other writing. (Should we consent to any of the above Restricted Orders please see the Subsection below entitled “Restricted ACH Orders” for the terms and conditions governing those Orders). We may from time to time and without notice prohibit your use of any other type of ACH entry unless you obtain our prior written consent to do so. You will regularly audit the actions of your employees, agents and Authorized Users of the Service.

Payment Transaction Limits. You agree not to: (a) exceed the transaction limits we establish from time to time for your Service; (b) allow anyone to initiate Orders without proper supervision and adequate safeguards; or (c) submit ACH debit Orders for Accounts receivable (ARC), represented check (RCK), international (IAT), back-office conversion (BOC), telephone-initiated (TEL), Internet- initiated (WEB), point-of-purchase (POP), point-of-sale (POS), machine transfer entry (MTE), shared network entry (SHR), check truncation (TRC or TRX), customer-initiated (CIE), or destroyed check (XCK) entries (each a “Restricted Order”) unless we otherwise consent in the Summary of Services, the Specifications, or some other writing. (Should we consent to any of the above Restricted Orders please see the Subsection below entitled “Restricted ACH Orders” for the terms and conditions governing those Orders). We may from time to time and without notice prohibit your use of any other type of ACH entry unless you obtain our prior written consent to do so. You will regularly audit the actions of your employees, agents and Authorized Users of the Service.