Common use of Returned Entries Clause in Contracts

Returned Entries. Xpress will apply returned Entries to Customer’s account when they are received. All returns will be processed and available through Xpress software or by other means as agreed to by Xpress and the Customer. With respect to each Notification of Change (“NOC”) Entry or Corrected Notification of Change (“Corrected NOC”) Entry transmitted by Xpress, the parties shall ensure that changes requested by the NOC or Corrected NOC are made by, or on behalf of, the Customer within six (6) banking days of Xpress receipt of the NOC information from the ODFI or prior to initiating another Entry to the Receiver’s account, whichever is later.

Appears in 5 contracts

Samples: Gateway and Administrative Service Agreement, Gateway and Administrative Service Agreement, Gateway and Administrative Service Agreement

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Returned Entries. Xpress will apply returned Entries to Customer’s account when they are received. All returns will be processed and available through Xpress software software, or by other means means, as agreed to by Xpress and the Customer. With respect to each Notification of Change (“NOC”) Entry or Corrected Notification of Change (“Corrected NOC”) Entry transmitted by Xpress, the parties shall ensure that changes requested by the NOC or Corrected NOC are made by, or on behalf of, the Customer within six (6) banking days of Xpress receipt of the NOC information from the ODFI or prior to initiating another Entry to the Receiver’s account, whichever is later.

Appears in 1 contract

Samples: Gateway Administrative Service Agreement

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