STATEMENT CYCLE REQUIREMENTS Sample Clauses

STATEMENT CYCLE REQUIREMENTS. (a) First Data performs the Statement cycle as a part of First Data’s nightly system update. After all of the nightly system update is complete, First Data generates and transmits/loads the following files and reports for use by RCSI: (i) In accordance with the TSA, First Data provides RCSI (A) the Statement Checker file, (B) the eStatement checker file, and (B) the Statement Checker IDP report of the CD-1371. (ii) First Data sends the Statement production files to Output Services for printing. (iii) First Data also loads the Statement Checker files and Statement Production Files into AFP On-demand as such files become available. (b) RCSI shall utilize the files and reports provided by First Data under this Section 3 to validate the data; however, regardless of whether RCSI has approved the production files, First Data may commence Statement production by 6:00 a.m. CT. First Data is responsible for remedying all known Defects identified prior to 6:00 a.m. CT.