RCK Entries. You can use a re-presented Check entry (each an “RCK Entry”) to collect Checks that have been returned because of insufficient or uncollected funds, and that meet all the other requirements of this Subsection and the General Terms and Conditions for Restricted Orders above. You agree to submit such entries in accordance with the technical specifications and formatting requirements set forth in the Rules and as directed by us from time to time.
RCK Entries. If you elected to initiate RCK Entries, as documented on your Treasury Service Data Supplement Form, and we authorize you to originate RCK Entries on applicable Accounts, such RCK Entries are subject to the provisions of this Section. With respect to all RCK Entries, you hereby make each of the representations, warranties and covenants of an Originator of RCK Entries as set forth in the NACHA Rules regarding RCK Entries as of the date of your initial TSRF and each time you initiate a RCK Entry. Immediately upon our request, you will provide us with a copy of a returned Check. POP Entries. If you elected to initiate POP, as documented on your Treasury Service Data Supplement Form, and we agree to permit you to originate POP Entries on applicable Accounts, such POP Entries are subject to the provisions of this Section. With respect to all POP Entries, you hereby make each of the representations, warranties and covenants of an Originator of POP Entries as set forth in the NACHA Rules regarding POP Entries as of the date of your initial TSRF and each time you initiate a POP Entry, including, without limitation, that you have posted the required notices, have obtained Receiver's written authorization and provided a copy of same to Receiver in accordance with the NACHA Rules. We may, at our option and in our sole discretion, establish exposure limits limiting the number and/or dollar amount of POP Entries which you may have outstanding at any one time. We may terminate your right to originate POP Entries at any time.
