Common use of Prenotifications Clause in Contracts

Prenotifications. If Company chooses to originate non-dollar prenotification Entries to verify the accuracy of routing and account numbers, it agrees not to initiate live dollar Entries until at least 6 banking days following the settlement date of the prenotification Entry. Prenotifications will be provided to Financial Institution in the format provided in the Rules. If Company receives notice that a prenotification has been rejected or returned, Company will research the problem and make any necessary corrections before transmitting another Entry.

Prenotifications. If Company chooses to originate non-dollar prenotification Entries to verify the accuracy of routing and account numbers, it agrees not to initiate live dollar Entries until at least 6 3 banking days following the settlement date of the prenotification Entry. Prenotifications will be provided to Financial Institution in the format provided in the Rules. If Company receives notice that a prenotification has been rejected or returned, Company will research the problem and make any necessary corrections before transmitting another Entry.

Prenotifications. If Company Client chooses to originate non-dollar non‐dollar prenotification Entries to verify the accuracy of routing and account numbers, it agrees not to initiate live dollar Entries until at least 6 banking days following the settlement date of the prenotification Entry. Prenotifications will be provided to Financial Institution Bank in the format provided in the Rules. If Company Client receives notice that a prenotification has been rejected or returned, Company Client will research the problem and make any necessary corrections before transmitting another Entry.