Third-Party Senders Sample Clauses

Third-Party Senders. When Customer is acting in the capacity of a Third-Party Sender, as defined by the Rules, the following additional terms and conditions shall apply with regard to the initiation of ACH transactions by Customer on behalf of one or more commercial companies other than Customer, with Bank acting as ODFI for the purpose of processing and settling such entries:
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Third-Party Senders. If you are a Third-Party Sender, as defined in the ACH Rules, the following additional terms shall apply:
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Third-Party Senders. In the event you are originating Entries on behalf of third parties, such as your customers, such third parties are deemed the “Originator” and are a “Third Party Sender” under the NACHA Rules and as used herein. In addition to any other duties, responsibilities, warranties, representations and liabilities under this Agreement, with respect to any Entry initiated by you as a Third-Party Sender you represent, warrant and agree to the following:
Sample 1
Third-Party Senders. (a) Obligations of You as a Third-Party Sender under the Rules. In addition to any other duties, responsibilities, warranties, representations and liabilities under this Agreement, for each Entry transmitted by the You to the Us, except for any Entry initiated by You as an Originator, You represent and warrant to Us and agree You shall (a) perform all of the duties, including, but not limited to, the duty to identify Originators; (b) assume all of the responsibilities, including, but not limited to, the responsibilities of ODFIs and Originators; (c) make all of the warranties, including, but not limited to, the warranties of ODFIs and the warranty that Originators have agreed to assume the responsibilities of Originators under the Rules; (d) make all of the representations; and (e) assume all of the liabilities, including, but not limited to, liability for indemnification for failure of an Originator to perform its obligations as an Originator; of a Third-Party Sender in accordance with the Rules. You must conduct or have conducted an annual audit of its compli- ance with the Rules in accordance with Appendix Eight of the ACH Rules by December 31 each year.
Sample 1
Third-Party Senders. Company shall not originate ACH transactions on behalf of third parties unless Company obtains i. Bank’s consent; ii. the Third-Party Sender’s execution of this Agreement; and iii. the Third-Party Sender’s execution of the Third- Party Sender Agreement, attached hereto as Exhibit G.
Sample 1
Third-Party Senders. Where Company or a Third Party is a Third Party Sender under the ACH Rules, Company shall ensure that (i) iStream is provided with any information requested by iStream to identify each Originator for whom Entries are transmitted within 2 banking days of iStream’s request, and
Sample 1

Related to Third-Party Senders

  • Third Party Services Any services required for or contemplated by the performance of the above-referenced services by the Administrator to be provided by unaffiliated third parties (including independent auditors’ fees and counsel fees) may, if provided for or otherwise contemplated by the Financing Order and if the Issuer deems it necessary or desirable, be arranged by the Issuer or by the Administrator at the direction (which may be general or specific) of the Issuer. Costs and expenses associated with the contracting for such third-party professional services may be paid directly by the Issuer or paid by the Administrator and reimbursed by the Issuer in accordance with Section 2, or otherwise as the Administrator and the Issuer may mutually arrange.

  • Third Party Users If required by Applicable Laws and Regulations or if the Parties mutually agree, such agreement not to be unreasonably withheld, to allow one or more third parties to use the Connecting Transmission Owner’s Attachment Facilities, or any part thereof, Developer will be entitled to compensation for the capital expenses it incurred in connection with the Attachment Facilities based upon the pro rata use of the Attachment Facilities by Connecting Transmission Owner, all third party users, and Developer, in accordance with Applicable Laws and Regulations or upon some other mutually-agreed upon methodology. In addition, cost responsibility for ongoing costs, including operation and maintenance costs associated with the Attachment Facilities, will be allocated between Developer and any third party users based upon the pro rata use of the Attachment Facilities by Connecting Transmission Owner, all third party users, and Developer, in accordance with Applicable Laws and Regulations or upon some other mutually agreed upon methodology. If the issue of such compensation or allocation cannot be resolved through such negotiations, it shall be submitted to FERC for resolution.

  • Third Party Sites The Platform may provide links to third-party web sites. Third parties and third party web sites may have different privacy policies, terms and conditions and business practices than we do. Your dealings or communications with any party other than the Company are solely between you and that third party. Reference on the Site to any product, process, publication or service of any third party by trade name, domain name, trademark, trade identity, service xxxx, logo, and manufacturer or otherwise does not constitute or imply its endorsement or recommendation by the Company.

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