Post-Transition Processing Sample Clauses

Post-Transition Processing. (a) The Bank shall, for the period beginning upon the expiration of the Transition Period and continuing until the effective date of the expiration or termination of the Marketing Agreement (the "Post Transition Period"), and unless otherwise agreed upon in writing by Elavon and the Bank, accept Drafts from all Merchants, and only such Merchants, whose Merchant Agreements following the Transition Period permit Draft deposits, as well as from any merchants whose merchant agreements permit Draft deposits and that are referred by the Bank to Elavon pursuant to the Marketing Agreement. Such Drafts shall be handled in accordance with Elavon's instructions, including the shipping of each day's batches of Drafts at the end of the day, at the Bank's expense, via overnight courier delivery to the draft capture vendor designated by Elavon; and (b) The Bank, throughout the Post-Transition Period, shall use Elavon and a principal member designated by Elavon as the exclusive processor of cash advance transactions made by the Bank.
Sample 1
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Post-Transition Processing. The Banks covenant and agree that: (a) The Banks shall, for the period beginning upon the expiration of the Transition Period, and continuing until the effective date of the expiration or termination of the Marketing Agreement (the "Post-Transition Period"), and unless otherwise agreed upon in writing by NOVA and the Banks, accept Drafts only from (i) those Merchants whose Merchant Agreements following the Transition Period permit Draft deposits, and (ii) those merchants whose merchant agreements permit Draft deposits and that are referred by a Bank to NOVA pursuant to the Marketing Agreement. Such Drafts shall be handled in accordance with NOVA's instructions, including the shipping of each day's batches of Drafts at the end of the day, at the Banks' expense, via overnight courier delivery to the draft capture vendor designated by NOVA; and (b) The Banks, throughout the Post-Transition Period, shall use NOVA and a principal member designated by NOVA as the exclusive processor of cash advance transactions made by the Banks.
Sample 1
Post-Transition Processing. MBNA covenants and agrees that: (a) MBNA shall, for the period beginning upon the expiration of the Transition Period, and continuing until the effective date of the expiration or termination of the Marketing Agreement (the "Post-Transition Period"), and unless otherwise agreed upon in writing by NOVA and MBNA, accept Drafts from all MBNA Merchants, and only such MBNA Merchants, whose Merchant Agreements permit Draft deposits, as well as from any Merchants (whose Merchant Agreements permit Draft deposits) which are referred by MBNA to NOVA pursuant to the Marketing Agreement. Such Drafts shall be handled in accordance with NOVA's reasonable instructions, including using commercially reasonable efforts to ship each day's batches of Drafts at the end of the business day (or such other periodic delivery as may be agreed upon by the parties), via overnight courier delivery to the draft capture vendor designated by NOVA, the expense of such shipment to be paid by NOVA (collectively, the "Overnight Delivery Obligation"). Both parties acknowledge that MBNA will not be deemed in breach of this Agreement with respect to its Overnight Delivery Obligation to the extent that 90% or more (as measured by total volume over time) of the Drafts are sent to the draft capture vendor designated by NOVA within three business days of receipt by MBNA; and (b) MBNA, throughout the Post-Transition Period, shall use NOVA and a principal member designated by NOVA as the exclusive processor of Cash Advance Transactions made by MBNA; and MBNA shall receive no additional remuneration from NOVA, beyond the payments due MBNA under the Marketing Agreement, in connection with the performance of the services set forth in this Section 4.6.
Sample 1

Related to Post-Transition Processing

  • Contract Transition Upon Contract expiration or termination, the Contractor shall ensure a seamless transfer of Contract responsibilities with any subsequent Contractor necessary to transition the Products and services of the Contract. The incumbent Contractor assumes all expenses related to the contract transition.

  • Transaction Processing All orders are subject to acceptance by us and by the Fund or its transfer agent, and become effective only upon confirmation by us. If required by law, each transaction shall be confirmed in writing on a fully disclosed basis and if confirmed by us, a copy of each confirmation shall be sent to you if you so request. All sales are made subject to receipt of shares by us from the Funds. We reserve the right in our discretion, without notice, to suspend the sale of shares of the Funds or withdraw the offering of shares of the Funds entirely. Orders will be effected at the price(s) next computed on the day they are received if, as set forth in the applicable Fund’s current Prospectus, the orders are received by us or an agent appointed by us or the Fund prior to the close of trading on the New York Stock Exchange, generally 4:00 p.m. eastern time (“Close of Trading”). Orders received after that time will be effected at the price(s) computed on the next business day. All orders must be accompanied by payment in U.S. Dollars. Orders payable by check must be drawn payable in U.S. Dollars on a U.S. bank, for the full amount of the investment. If you have entered into a FundSERV Agreement with us to effect transactions in Fund shares through FundSERV, you are hereby authorized to act on our behalf for the limited purpose of receiving purchase, exchange and redemption orders for Fund shares executed through FundSERV. You represent and warrant that all orders for the purchase, exchange or redemption of Fund shares transmitted to FundSERV for processing on or as of a given business day (Day 1) shall have been received by you prior to the Close of Trading on Day 1. Such orders shall receive the share price next calculated following the Close of Trading on Day 1 .You represent and warrant that orders received by you after the Close of Trading on Day 1 shall be treated by you and transmitted to FundSERV as if received on the next business day (Day 2). Such orders shall receive the share price next calculated following the Close of Trading on Day 2. You represent that you have systems in place reasonably designed to prevent orders received after the Close of Trading on Day 1 from being executed with orders received before the Close of Trading on Day 1.

  • Transition Services Agreement Seller shall have executed and delivered the Transition Services Agreement.

  • Administrative Services Agreement The Administrative Services Agreement has been duly authorized, executed and delivered by the Company and is a valid and binding agreement of the Company, enforceable against the Company in accordance with its terms except as the enforceability thereof may be limited by bankruptcy, insolvency, or similar laws affecting creditors’ rights generally from time to time in effect and by equitable principles of general applicability.

  • Data Processing Agreement The Data Processing Agreement, including the Approved Data Transfer Mechanisms (as defined in the Data Processing Agreement) that apply to your use of the Services and transfer of Personal Data, is incorporated into this Agreement by this reference. Each party will comply with the terms of the Data Processing Agreement and will train its employees on DP Law.

  • Transition Seller will not take any action that is designed or intended to have the effect of discouraging any lessor, licensor, customer, supplier, or other business associate of the Company from maintaining the same business relationships with the Company after the Closing as it maintained with the Company prior to the Closing. The Seller will refer all customer inquiries relating to the business of the Company to the Purchaser from and after the Closing.

  • Sub-processing 11.1 The data importer shall not subcontract any of its processing operations performed on behalf of the data exporter under the Clauses without the prior written consent of the data exporter. Where the data importer subcontracts its obligations under the Clauses, with the consent of the data exporter, it shall do so only by way of a written agreement with the sub-processor which imposes the same obligations on the sub- processor as are imposed on the data importer under the Clauses. Where the sub-processor fails to fulfil its data protection obligations under such written agreement the data importer shall remain fully liable to the data exporter for the performance of the sub-processor’s obligations under such agreement. 11.2 The prior written contract between the data importer and the sub-processor shall also provide for a third-party beneficiary clause as laid down in Clause 3 for cases where the data subject is not able to bring the claim for compensation referred to in paragraph 1 of Clause 6 against the data exporter or the data importer because they have factually disappeared or have ceased to exist in law or have become insolvent and no successor entity has assumed the entire legal obligations of the data exporter or data importer by contract or by operation of law. Such third-party liability of the sub-processor shall be limited to its own processing operations under the Clauses. 11.3 The provisions relating to data protection aspects for sub-processing of the contract referred to in paragraph 1 shall be governed by the law of the Member State in which the data exporter is established, namely ........................................ 11.4 The data exporter shall keep a list of sub-processing agreements concluded under the Clauses and notified by the data importer pursuant to Clause 5(j), which shall be updated at least once a year. The list shall be available to the data exporter’s data protection supervisory authority.

  • Payment Processing Citizens may require any other information from Vendor that Citizens deems necessary to verify any compensation request placed under this Agreement and Vendor agrees that it will provide such information as reasonably requested by Citizens. Payment shall be due net thirty (30) calendar days of Citizens’ actual receipt of a complete and undisputed invoice. Where a submitted invoice is incomplete, such as not containing the information described in this Section, Citizens will return the incomplete invoice to Vendor for correction within thirty (30) calendar days of Citizens’ actual receipt of such invoice. Where Citizens reasonably disputes any part of a complete invoice, such as the amount of the compensation request, Citizens shall pay any undisputed portion of the invoiced amount within (30) calendar days of Citizens’ actual receipt of the complete invoice and will describe the basis for the disputed portion of the invoiced amount. Where Vendor disagrees with Citizens dispute of any invoice, the Parties shall seek to resolve the dispute in accordance with the Dispute Resolution Process further described in this Agreement. In no case shall Citizens be subject to late payment interest charges where Vendor has submitted an incomplete invoice or where Citizens has reasonably disputed an invoice. Where Vendor fails to submit an invoice within twelve (12) calendar months of the Services for which compensation is being requested, Vendor acknowledges and agrees that any payment due for such Services is forfeited by Vendor for its failure to timely submit an invoice.

  • Data Processing In this clause:

  • Transitional Services Agreement Seller shall have executed and delivered the Transitional Services Agreement.

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