Common use of Summary and Definitions Clause in Contracts

Summary and Definitions. This Agreement governs the movement of funds by means of funds transfers defined in Article 4A of the Uniform Commercial Code, Subpart B of Regulation J of the Board of Governors of the Federal Reserve System (generally referred to as "Fedwire" or "wholesale" wire transfers), and as may be applicable the operating rules for the National Automated Clearing House Association ("NACHA"). This Agreement does not apply to any transaction or any part of any transaction governed by the Electronic Funds Transfer Act and Regulation E. To the extent that the terms of this Agreement vary from the other agreements or disclosures in this Booklet, this Agreement shall govern. Further, to the extent that this Agreement varies any provision of Article 4A, Regulation J or the operating rules of NACHA, this Agreement shall govern, except where specifically prohibited by applicable law.

Summary and Definitions. This Agreement governs the movement of funds by means of funds transfers defined in Article 4A of the Uniform Commercial Code, Code and Subpart B of Regulation J of the Board of Governors of the Federal Reserve System (generally referred to as "“Fedwire" ” or "“wholesale" ” wire transfers), and as may be applicable the operating rules for the National Automated Clearing House Association ("NACHA"). This Agreement does not apply to any transaction or any part of any transaction governed by the Electronic Funds Transfer Act (EFTA) and Regulation E. To the extent that the terms of this Agreement vary from the other agreements or disclosures in this BookletAgreement, this Agreement shall govern. Further, to the extent that this Agreement varies from any provision of Article 4A, 4A or Regulation J or the operating rules of NACHAJ, this Agreement shall govern, except where specifically prohibited by applicable law.