Common use of TRANSMISSION OF ENTRIES BY CUSTOMER Clause in Contracts

TRANSMISSION OF ENTRIES BY CUSTOMER. Bank shall be entitled to deem any person having knowledge of any Security Procedure, , and permitted to initiate Entries under these Terms, to be a User. Customer or Users shall transmit or deliver Entries to Bank in computer readable form to the locations(s) specified by Bank and in compliance with the formatting and other requirements set forth in the NACHA file specifications or as otherwise specified by Bank. Entries shall be transmitted to Bank's designated location not later than the time and the number of days prior to the Business Day on which the Entries will be settled with the ODFI and the RDI (the “Effective Date”). Entries received after the Cut-Off Time shall be deemed to have been received on the next Business Day. The total dollar amount of Entries transmitted by Customer to Bank on any one Business Day shall not exceed, in each case, the ACH Exposure Limit or any limit as subsequently requested by Customer and approved by Bank. Customer may not reinitiate Entries except as prescribed by the Rules.

TRANSMISSION OF ENTRIES BY CUSTOMER. Bank shall be entitled to deem any person having knowledge of any Security Procedure, , and permitted to initiate Entries under these Terms, to be a User. Customer or Users shall transmit or deliver Entries to Bank in computer readable form to the locations(s) specified by Bank and in compliance with the formatting and other requirements set forth in the NACHA file specifications or as otherwise specified by Bank. Entries shall be transmitted to Bank's designated location not later than the time and the number of days prior to the Business Day on which the Entries will be settled with the ODFI and the RDI RDFI (the “Effective Date”). Entries received after the Cut-Off Time shall be deemed to have been received on the next Business Day. The total dollar amount of Entries transmitted by Customer to Bank on any one Business Day shall not exceed, in each case, the ACH Exposure Limit or any limit as subsequently requested by Customer and approved by Bank. Customer may not reinitiate Entries except as prescribed by the Rules.

TRANSMISSION OF ENTRIES BY CUSTOMER. Bank shall be entitled to deem any person having knowledge of any Security Procedure, , and permitted to initiate Entries under these Terms, to be a User. Customer or Users shall transmit or deliver Entries to Bank in computer readable form to the locations(s) specified by Bank and in compliance with the formatting and other requirements set forth in the NACHA file specifications or as otherwise specified by Bank. Entries shall be transmitted to Bank's designated location not later than the time and the number of days prior to the Business Day on which the Entries will be settled with the ODFI and the RDI RDFI (the “Effective Date”). Entries received after the Cut-Off Time shall be deemed to have been received on the next Business Day. The total dollar amount of Entries transmitted by Customer to Bank on any one Business Day shall not exceed, in each case, the ACH Exposure Limit or any limit as subsequently requested by Customer and approved by Bank. Customer may not reinitiate Entries except as prescribed by the Rules.