Common use of Rejection of Entries Clause in Contracts

Rejection of Entries. Bank shall have the right to reject any Entry which does not comply with the requirements of Section 5 of this Article III and the requirements of Article VII ("Security Procedures"), or which contains an Effective Entry Date more than two (2) days after the Business Day such Entry is received by Bank. Bank shall have the right to reject an On-Us Entry for any reason for which an Entry may be returned under the Rules. Bank shall have the right to reject any Entry if Company has failed to comply with its account balance obligations as set forth in Section 11 below. Bank shall notify Company by phone or electronic transmission of such rejection no later than the Business Day such Entry would otherwise have been transmitted by Bank to the ACH Operator or, in the case of an On-Us Entry, its Effective Entry Date. Bank shall have no liability to Company by reason of the rejection of any such Entry or the fact that such notice is not given at an earlier time than that provided for herein.

Rejection of Entries. The Bank shall have the right to reject any Entry which that does not comply with the requirements of Section 5 of this Article III and the requirements of Article VII ("Security Procedures")hereof, or which that contains an Effective Entry Date more than two ten (210) days after the Business Day such Entry is received by the Bank. The Bank shall have the right to reject an On-Us Entry for any reason for which an Entry may be returned under the Rules. The Bank shall have the right to reject any Entry if the Company has failed to comply with its account balance obligations as set forth in Section 11 belowunder this Agreement and any applicable Attachments and Exhibits. The Bank shall notify the Company by phone or electronic transmission of such rejection no later than the Business Day such Entry would otherwise have been transmitted by the Bank to the ACH Operator Processor or, in the case of an On-On- Us Entry, its Effective Entry Date. The Bank shall have no liability to the Company by reason of the rejection of any such Entry or the fact that such notice is not given at an earlier time than that provided for herein.

Rejection of Entries. Bank shall have the right to reject any Entry which does not comply with the requirements of Section 5 Sections 2 or 3 of this Article III and the requirements of Article VII ("Security Procedures"), or which contains an Effective Entry Date more than two (2) days after the Business Day such Entry is received by BankExhibit. Bank shall have the right to reject an On-Us Entry for any reason for which an Entry may be returned under the ACH Rules. Bank shall have the right to reject any Entry if Company has failed to comply with any prefunding requirement imposed under Section 10 of this Exhibit or with its account balance obligations as set forth in under Section 11 belowof this Exhibit. Bank shall notify Company by phone telephone or electronic transmission of such rejection no later than the Business Day business day such Entry would otherwise have been transmitted by Bank to the ACH Operator or, in the case of an On-Us Entryentry, its Effective Entry Date. Bank shall have no liability to Company by reason of the rejection of any such Entry or the fact that such notice is not given at an earlier time than that provided for herein.

Rejection of Entries. Bank shall have the right to may reject any Entry which that does not strictly comply with the requirements of Section 5 of this Article III and the requirements of Article VII ("Security Procedures")Agreement, or which that contains an Effective Entry Date more than two (2) days five Business Days after the Business Day on which such Entry is received by Bank. Bank shall have the right to may reject an On-Us or other Entry for any reason for which an Entry may be returned under the Rules. Bank shall have the right to may reject any Entry if Company Customer has failed to comply with its account balance obligations as set forth in under Section 11 3 of Part VII of this Agreement or Sections 7 or 8 of this Part I below. Bank shall notify Company Customer by phone or phone, electronic transmission or in writing of such rejection no later than the Business Day on which such Entry would otherwise have been transmitted by Bank to the ACH Operator or, in the case Operator. Notices of an On-Us Entry, its Effective Entry Daterejection shall be effective when given. Bank shall have no liability to Company Customer by reason of the rejection of any such Entry or the fact that such notice is not given at an earlier time than that provided for herein. Bank's ability to reject an entry under this Section 4 or any other provision of this Agreement shall not imply that it has any duty to reject such anentry.