Common use of Processing Entries Clause in Contracts

Processing Entries. You shall transmit PPD (Prearranged Payments and Deposits) or CCD (Corporate Credit or Debit) credit or debit Entries to us in compliance with the formatting and other requirements set forth in the Rules and the Supporting Documents. The ACH Service will start on a date agreeable to us after all set up requirements have been completed. You will not submit individual or total daily or monthly Entries in excess of the maximum limits established by us and reflected in the Agreement or the Supporting Documents, as amended from time to time. The parameters and variations of the limits shall be set at our discretion, including but not limited to limits based on dollar amounts and/or Standard Entry Class Code types. You will not divide a transaction into more than one Entry in order to avoid these limitations. We may adjust these limitations from time to time, at our discretion. Our processing of Entries in an amount greater than the established limit(s) shall not be deemed a waiver of this provision. We may cease processing Entries in a greater amount at any time without prior notice. You may not originate Entries using Standard Entry Class Codes other than CCD and PPD without prior notice to and written approval from us. We may require you to submit an application in form and content acceptable to us, and your execution of supplemental schedules, agreements and other documents as we may require, as a condition precedent to your use of other Standard Entry Class Codes. By way of example, the foregoing restrictions and requirements apply to your use of CTX, ARC, RCK, BOC, POP, W EB, IAT or TEL Standard Entry Class Codes, or if you are engaging in cross-border (International) transactions and your ability to process such entries will also be subject to separate agreement or addendum with us. We may block unapproved use of a Standard Entry Class Code or an unapproved cross-border transaction. Except as provided below for On-Us Entries, we shall: (i) process Entries received from you to conform with the file specifications set forth in Rules, (ii) transmit such Entries as an ODFI to an ACH Operator selected by us in our sole discretion (“ACH Operator”), and (iii) settle for such Entries as provided in the Rules. We shall transmit or complete the necessary authorizations for ACH Entries by the deadline of the ACH Operator, one Business Day prior to the Effective Entry Date shown in such Entries, provided: (a) such Entries are received by our related cutoff time on a Business Day, (b) the Effective Entry Date is at least one Business Days after such Business Day, and (c) the ACH Operator is open for business on such Business Day. Entries shall be deemed received by us when the transmission and compliance with any related security procedure is completed. If any of the requirements of this paragraph are not met, we may use reasonable efforts to transmit such Entries to the ACH by the next deadline of the ACH Operator which is a Business Day and a day on which the ACH Operator is open for business. On-Us Entries. In the case of an Entry received for credit to an Account maintained with us (an "On-Us Entry"), we shall credit the Receiver's Account in the amount of such Entry on the Effective Entry Date contained in such Entry, provided the requirements set forth in this Agreement are met. If said requirements are not met, we may use reasonable efforts to credit the Receiver's Account in the amount of such Entry no later than the next Business Day following such Effective Entry Date.

Processing Entries. You shall transmit PPD (Prearranged Payments and Deposits) or CCD (Corporate Credit or Debit) credit or debit Entries to us the Bank to the location(s) and in compliance with the formatting and other requirements set forth in the Rules and the Supporting Documents. The ACH Service will start on a date agreeable to us you and to the Bank after all set up setup requirements have been completed. You will not submit individual or total daily or monthly Entries in excess of the maximum limits established by us the Bank and reflected in the Agreement or the Supporting Documents, as amended from time to time. The parameters and variations of the limits shall be set at our the Bank’s discretion, including but not limited to limits based on dollar amounts and/or Standard Entry Class Code types. You will not divide a transaction into more than one Entry in order to avoid these limitations. We The Bank may adjust these limitations from time to time, at our the Bank’s discretion. Our The Bank processing of Entries in an amount greater than the established limit(s) shall not be deemed a waiver of this provision. We The Bank may cease processing Entries in a greater amount at any time without prior notice. You may not originate Entries using Standard Entry Class Codes other than CCD and CCD, CTX or PPD without prior notice to and written approval from usby the Bank. We The Bank may require you to submit an application in a form and content acceptable to usthe Bank, and your execution of execute supplemental schedules, agreements and other documents as we the Bank may require, as a condition precedent to your use of other Standard Entry Class Codes. By way of example, the foregoing restrictions and requirements may apply to your use of CTX, ARC, RCK, BOC, POP, W EBWEB, IAT or TEL Standard Entry Class Codes, or if you are engaging in cross-border (International) transactions and your ability to process such entries will also be subject to separate agreement or addendum with ustransactions. We The Bank may block unapproved use of a Standard Entry Class Code or an unapproved cross-border transaction. Except as provided below for On-Us Entries, we the Bank shall: (i) process Entries received from you to conform with the file specifications set forth in the Rules, ; (ii) transmit such Entries as an ODFI to an ACH Operator selected by us in our the Bank at the Bank’s sole discretion (“ACH Operator”), ; and (iii) settle for such Entries as provided in the Rules. We The Bank shall transmit or complete the necessary authorizations for ACH Entries by the deadline of the ACH Operator, one Business Day prior to the Effective Entry Date shown in such Entries, provided: (a) such Entries are received by our the Bank’s related cutoff time on a Business Daybusiness day, (b) the Effective Entry Date is at least one Business Days (1) to two (2) business days after such Business Daybusiness day, unless you are set up with same-day ACH origination, and (c) the ACH Operator is open for business on such Business Daybusiness day. Entries shall be deemed received by us the Bank when the transmission and compliance with any related security procedure is Security Procedures are completed. If any of the requirements of this paragraph are not met, we the Bank may use reasonable efforts to transmit such Entries to the ACH by the next deadline of the ACH Operator Operator, which is a Business Day business day, and a day on which the ACH Operator is open for business. On-Us Entries. In the case of an Entry received for credit to an Account maintained with us (an "On-Us Entry"), we shall credit the Receiver's Account in the amount of such Entry on the Effective Entry Date contained in such Entry, provided the requirements set forth in this Agreement are met. If said requirements are not met, we may use reasonable efforts to credit the Receiver's Account in the amount of such Entry no later than the next Business Day following such Effective Entry Date.

Processing Entries. You shall transmit PPD (Prearranged Payments and Deposits) or CCD (Corporate Credit or Debit) credit or debit Entries to us in compliance with the formatting and other requirements set forth in the NACHA Rules and the Supporting Documents. The ACH Service will start on a date agreeable to us after all set up requirements have been completed. You will not submit individual or total daily or monthly Entries in excess of the maximum limits established by us and reflected in the Agreement or the Supporting Documents, as amended from time to timeus. The parameters and variations of the limits shall be set at our discretion, including but not limited to limits based on dollar amounts and/or Standard Entry Class Code types. You will not divide a transaction into more than one Entry in order to avoid these limitations. We may adjust these limitations from time to time, at our discretion. Our processing of Entries in an amount greater than the established limit(s) shall not be deemed a waiver of this provision. We may cease processing Entries in a greater amount at any time without prior notice. You may not originate Entries using Standard Entry Class Codes other than CCD and PPD without prior notice to and written approval from us. We may require you to submit an application in form and content acceptable to us, and your execution of supplemental schedules, agreements and other documents as we may require, as a condition precedent to your use of other Standard Entry Class Codes. By way of example, the foregoing restrictions and requirements apply to your use of CTX, ARC, RCK, BOC, POP, W EBWEB, IAT or TEL Standard Entry Class Codes, or if you are engaging in cross-border (International) transactions and your ability to process such entries will also be subject to a separate agreement or addendum with us. We may block unapproved use of a Standard Entry Class Code or an unapproved cross-border transaction. Except as provided below for On-Us Entries, we shall: (i1) process Entries received from you to conform with the file specifications set forth in the NACHA Rules, (ii2) transmit such Entries as an ODFI to an ACH Operator selected by us in our sole discretion (“ACH Operator”), and (iii3) settle for such Entries as provided in the NACHA Rules. We shall transmit or complete the necessary authorizations for ACH Entries by the deadline of the ACH Operator, one Business Day prior to the Effective Entry Date shown in such Entries, provided: (a) such Entries are received by our related cutoff time on a Business Day, (b) the Effective Entry Date is at least one Business Days Day after such Business Day, and (c) the ACH Operator is open for business on such Business Day. Entries shall be deemed received by us when the transmission and compliance with any related security procedure is completed. If any of the requirements of this paragraph are not met, we may use reasonable efforts to transmit such Entries to the ACH Operator by the next deadline of the ACH Operator which is a Business Day and a day on which the ACH Operator is open for business. On-Us Entries. In the case of an Entry received for credit to an Account maintained with us (an "On-Us Entry"), we shall credit the Receiverreceiver's Account in the amount of such Entry on the Effective Entry Date effective entry date contained in such Entry, provided the requirements set forth in this Agreement are met. If said requirements are not met, we may use reasonable efforts to credit the Receiver's Account in the amount of such Entry no later than the next Business Day following such Effective Entry Date.

Processing Entries. You shall transmit PPD (Prearranged Payments and Deposits) or CCD (Corporate Credit or Debit) credit or debit Entries to us in compliance with the formatting and other requirements set forth in the NACHA Rules and the Supporting Documents. The External ACH Service Services will start on a date agreeable to us after all set up requirements have been completed. You will not submit individual or total daily or monthly Entries in excess of the maximum limits established by us and reflected in the Agreement or the Supporting Documents, as amended from time to timeus. The parameters and variations of the limits shall be set at our discretion, including but not limited to limits based on dollar amounts and/or Standard Entry Class Code types. You will not divide a transaction into more than one Entry in order to avoid these limitations. We may adjust these limitations from time to time, at our discretion. Our processing of Entries in an amount greater than the established limit(s) shall not be deemed a waiver of this provision. We may cease processing Entries in a greater amount at any time without prior notice. You may not originate Entries using Standard Entry Class Codes other than CCD and PPD without prior notice to and written approval from us. We may require you to submit an application in form and content acceptable to us, and your execution of supplemental schedules, agreements and other documents as we may require, as a condition precedent to your use of other Standard Entry Class Codes. By way of example, the foregoing restrictions and requirements apply to your use of CTX, ARC, RCK, BOC, POP, W EBWEB, IAT or TEL Standard Entry Class Codes, or if you are engaging in cross-border (International) transactions and your ability to process such entries will also be subject to a separate agreement or addendum with us. We may block unapproved use of a Standard Entry Class Code or an unapproved cross-border transaction. Except as provided below for On-Us Entries, we shall: (i1) process Entries received from you to conform with the file specifications set forth in the NACHA Rules, (ii2) transmit such Entries as an ODFI to an ACH Operator selected by us in our sole discretion (“ACH Operator”), and (iii3) settle for such Entries as provided in the NACHA Rules. We shall transmit or complete the necessary authorizations for ACH Entries by the deadline of the ACH Operator, one Business Day prior to the Effective Entry Date shown in such Entries, provided: (a) such Entries are received by our related cutoff time on a Business Day, (b) the Effective Entry Date is at least one Business Days Day after such Business Day, and (c) the ACH Operator is open for business on such Business Day. Entries shall be deemed received by us when the transmission and compliance with any related security procedure is completed. If any of the requirements of this paragraph are not met, we may use reasonable efforts to transmit such Entries to the ACH Operator by the next deadline of the ACH Operator which is a Business Day and a day on which the ACH Operator is open for business. On-Us Entries. In the case of an Entry received for credit to an Account maintained with us (an "On-Us Entry"), we shall credit the Receiver's Account in the amount of such Entry on the Effective Entry Date contained in such Entry, provided the requirements set forth in this Agreement are met. If said requirements are not met, we may use reasonable efforts to credit the Receiver's Account in the amount of such Entry no later than the next Business Day following such Effective Entry Date.