Transmittal of Entries by Customer Sample Clauses

Transmittal of Entries by Customer. For consumer entry types, the Bank will transmit the PPD credit and debit Entries initiated by Customer into the ACH as provided in the NACHA rules. For Corporate entry types, the Bank will transmit the CTX, CCD and/or CCD+ credit and debit Entries initiated by the Customer into the ACH as provided in the NACHA rules. The Entries shall be in compliance with the formatting and other requirements established by the Bank. Customer agrees that its ability to originate Entries under this agreement is subject to exposure limits in accordance with the Rules and as established by the Bank.
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Transmittal of Entries by Customer. 5.1 Customer will Initiate/Release file(s) of Credit and Debit Entries to Bank with (i) computer readable information; (ii) an ACH file and format consistent with current NACHA file and/or Bank specifications; (iii) via a permitted transmission method and in accordance with the Security Procedures (defined below) associated with that transmission medium, and otherwise with the formatting and content requirements identified in Exhibit A attached hereto or as otherwise instructed by Bank. 5.2 Bank may establish an Aggregate Exposure or other limits associated with Customer’s use of the ACH Services, which may include, e.g., a limit on the dollar amount of Entries or files Initiated/Released by Customer to Bank and on the total dollar amount of Entries that may be transmitted by Customer on any one day or other time period, and across multiple settlement dates. Bank shall also monitor Entries that are Initiated/Released by Customer relative to such exposure limits. Such limits may be modified from time to time by Bank at its sole discretion with notice to Customer. Bank may in its sole discretion reject any file that exceeds such exposure limits. Bank may further reject any Entry or file transmitted by Customer in the event Bank deems reasonably necessary in order to protect the safety and soundness of Bank, or if Bank reasonably suspects that the Entry or file includes fraudulent or unauthorized Entries, or if Bank has such other reasonable basis upon which to reject the transmission. 5.3 With respect to any Credit and Debit Entries that are Initiated and Released by Customer that involve consumers, Customer will comply with, each as may be amended from time to time: (i) all authorization, disclosure and other requirements of the NACHA Rules, and (ii) all applicable federal and state laws and regulations, including, without limitation, any applicable requirements of Regulation E of the Consumer Financial Protection Bureau (or any successor entity who administers Regulation E) (hereinafter “Regulation E”) and the Federal Electronic Funds Transfer Act. 5.4 Customer acknowledges the right of a consumer Receiver of an unauthorized Debit Entry, as applicable and as described in the NACHA Rules, to obtain a re-credit of the funds debited from Receiver’s account by such Receiver sending a written notice to Receiver’s Receiving Depository Financial Institution (“RDFI”) in accordance with the NACHA Rules (i.e., a Written Statement of Unauthorized Debit), and where su...
Sample 1
Transmittal of Entries by Customer. Customer shall deliver or transmit Entries to Bank to be processed in accordance with the provisions of Schedules ACH-1 and ACH-2 attached hereto and incorporated herein by reference. The total dollar amount of Entries transmitted by Customer to Bank on any day, shall not exceed the amount specified in the limit section on Schedules ACH-1 and ACH-2.
Sample 1
Transmittal of Entries by Customer. Customer shall submit check images to the Bank in such format, and with such associated check information, as the Bank may require periodically, utilizing Accredited Standards Committee X9’s Specifications for Electronic exchange of Check and Image Data (DSTU X9.37-2003) or the then current standards used for service of this type. Customer agrees to inspect and verify the quality of the Check Images, ensuring that the Check Images of the front and back of the original check are legible. Specifically, Customer warrants the following: (i) the Check Image is an accurate representation of the information contained in the original check, and the Check image includes all endorsements from the original check; (ii) each Check Image contains a record of all MICR line information required for a substitute check, and the Check Image satisfies all of the requirements of Check 21 and Regulation CC; (iii) the original check, a duplicate check image, or any copy of the original check or Check Image will not be deposited by Customer with the Bank; and (iv) the original check, a duplicate check image, or any copy of the original check or Check Image will not be presented, transferred or returned such that the Bank or any other person will be asked to make a payment based on a check or Check Image that has already been paid. Pursuant to the Deposit Account Agreement, Bank reserves the right to reject any single check image or group of check images for any reason, before or after it/they appear on Bank’s system. Bank is not liable for any loss or failure to collect a Check Image that results from an inaccurate or illegible Check Image or failure to provide full and correct MICR, date, or dollar amount for a Check Image. Customer agrees to submit only valid, legal check images for deposit through Remote Deposit Complete. Customer agrees not to use the Remote Deposit Services to deposit or otherwise process: (i) non-cash items,
Sample 1
Transmittal of Entries by Customer. Customer shall transmit to Bank only those credit or debit Entries having such Standard Entry Class Codes as Bank shall have agreed to accept from Customer as conclusively evidenced by the fully executed Application on file with Bank, and in all events in compliance with the formatting and other requirements set forth in the application/set up sheet. Customer authorizes Bank to transmit all Entries received by Bank from Customer in accordance with the terms of this Agreement, and to credit or debit such Entries to the specified accounts.
Sample 1
Transmittal of Entries by Customer. Bank shall be required to accept only PPD or CCD credit or debit Entries (as defined under the Standard Entry Class Code in the Rules) that comply with the formatting and other requirements set forth in this Agreement. Bank is not required to accept Entries other than Standard Entry Class CCD and PPD Entries unless Bank expressly agrees in writing to a specific different format. Customer agrees that its ability to originate Entries is subject to exposure limits, which limits are set and adjusted by Bank. Additionally, subject to Section 14 of Part VII, Customer may transmit credit and/or debit Entries to Bank only through the Entry request feature of Bank’s Online Banking system requiring authentication by the entry of a “token”, which provides a numerical sequence for authentication in accordance with instructions furnished by Bank to Customer. Bank also requires that Customer use a procedure whereby a person other than the initiator is required to submit a token. Customer acknowledges that using this dual control procedure is commercially reasonable. Unless an “Alternative File Format” is agreed upon, all Entries submitted must be NACHA formatted. Entries cannot be submitted to Bank on tape, disk or CD-ROM.
Sample 1
Transmittal of Entries by Customer. In order to utilize the Service, Customer shall transmit credit and debit Entries to Bank in compliance with the formatting and other requirements as set forth in the Treasury Services Enrollment Form. Customer shall complete any requested additional documentation prior to commencement of the Service. Customer agrees that its ability to originate Entries under this Agreement is subject to exposure limits in accordance with the Rules and as set forth in an Enrollment Form. Although Customer may request limits on the Enrollment Form, the Bank reserves the right to restrict and modify such limits. The Bank may impose such limits as Bank deems reasonable or appropriate. The transactions initiated by the Customer shall be limited to specific Standard Entry Class (SEC) Codes. These SEC codes will be identified on the Enrollment Form, and may include PPD, CCD, and CTX, but under no circumstances may the SEC codes contain IAT entries. Unless waived by Bank in a particular instance or an alternative method is agreed by Bank and Customer, Customer shall provide to Bank a completed Enrollment Form to each and every Entry.
Sample 1
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Transmittal of Entries by Customer. Customer shall transmit Credit/Debit Entries to Bank through the Internet to process such entries against Customer’s account in compliance with the formatting and other requirements set forth in the attached Schedule #1 (Transmittal Format).
Sample 1
Transmittal of Entries by Customer 
Sample 1

Related to Transmittal of Entries by Customer

  • Rejection of Entries Bank shall have the right to reject any Entry which does not comply with the requirements of Section 5 of this Article III and the requirements of Article VII ("Security Procedures"), or which contains an Effective Entry Date more than two (2) days after the Business Day such Entry is received by Bank. Bank shall have the right to reject an On-Us Entry for any reason for which an Entry may be returned under the Rules. Bank shall have the right to reject any Entry if Company has failed to comply with its account balance obligations as set forth in Section 11 below. Bank shall notify Company by phone or electronic transmission of such rejection no later than the Business Day such Entry would otherwise have been transmitted by Bank to the ACH Operator or, in the case of an On-Us Entry, its Effective Entry Date. Bank shall have no liability to Company by reason of the rejection of any such Entry or the fact that such notice is not given at an earlier time than that provided for herein.

  • Effect of Entries The entries made in the records maintained pursuant to paragraph (c) or (d) of this Section shall be prima facie evidence, absent obvious error, of the existence and amounts of the obligations recorded therein; provided that the failure of any Lender or the Administrative Agent to maintain such records or any error therein shall not in any manner affect the obligation of the Borrower to repay the Loans in accordance with the terms of this Agreement.

  • Removal of Personnel The CONSULTANT agrees, within thirty (30) calendar days of receipt of a written request from the COUNTY, to promptly remove and replace the CONSULTANT'S Project Director, or any other personnel employed or retained by the CONSULTANT, or personnel of the sub-consultants or subcontractors engaged by the CONSULTANT to provide and/or perform services and/or work pursuant to the requirements of this Agreement, who the COUNTY shall request, in writing, be removed, which request may be made by the COUNTY with or without cause. However, if day thirty

  • Presumption of Entitlement Notwithstanding any other provision hereof, in making any Standard of Conduct Determination, the Person making such determination shall presume that Indemnitee has satisfied the applicable Standard of Conduct.

  • Delivery of Documents; Delivery Dates (a) The Trustee is hereby directed (i) to execute and deliver the Intercreditor Agreement, the Escrow Agreement and the NPA on or prior to the Issuance Date, each in the form delivered to the Trustee by the Company, and (ii) subject to the respective terms thereof, to perform its obligations thereunder. Upon request of the Company and the satisfaction or waiver of the closing conditions specified in the Underwriting Agreement, the Trustee shall execute, deliver, authenticate, issue and sell Applicable Certificates in authorized denominations equaling in the aggregate the amount set forth, with respect to the Applicable Trust, in Schedule I to the Underwriting Agreement evidencing the entire ownership interest in the Applicable Trust, which amount equals the maximum aggregate principal amount of Equipment Notes which may be purchased by the Trustee pursuant to the NPA. Except as provided in Sections 3.03, 3.04, 3.05 and 3.06 of the Basic Agreement, the Trustee shall not execute, authenticate or deliver Applicable Certificates in excess of the aggregate amount specified in this paragraph. The provisions of this Section 5.01(a) supersede and replace the first sentence of Section 3.02(a) of the Basic Agreement, with respect to the Applicable Trust. (b) After the Issuance Date, the Company may deliver from time to time to the Trustee a Closing Notice relating to one or more Equipment Notes. After receipt of a Closing Notice and in any case no later than one Business Day prior to a Scheduled Closing Date as to which such Closing Notice relates (the “Applicable Closing Date”), the Trustee shall (as and when specified in the Closing Notice) instruct the Escrow Agent to provide a Notice of Purchase Withdrawal to the Depositary requesting (A) the withdrawal of one or more Deposits on the Applicable Closing Date in accordance with and to the extent permitted by the terms of the Escrow Agreement and the Deposit Agreement and (B) the payment of all, or a portion, of such Deposit or Deposits in an amount equal in the aggregate to the purchase price of such Equipment Notes to or on behalf of the Company, all as shall be described in the Closing Notice. The Trustee shall (as and when specified in such Closing Notice), subject to the conditions set forth in Section 2 of the NPA, enter into and perform its obligations under the Participation Agreement specified in such Closing Notice (the “Applicable Participation Agreement”) and cause such certificates, documents and legal opinions relating to the Trustee to be duly delivered as required by the Applicable Participation Agreement. If at any time prior to the Applicable Closing Date, the Trustee receives a notice of postponement pursuant to Section 1(e) or 1(f) of the NPA, then the Trustee shall give the Depositary (with a copy to the Escrow Agent) a notice of cancellation of such Notice of Purchase Withdrawal relating to such Deposit or Deposits on such Applicable Closing Date. Upon satisfaction of the conditions specified in the NPA and the Applicable Participation Agreement, the Trustee shall purchase the applicable Equipment Notes with the proceeds of the withdrawals of one or more Deposits made on the Applicable Closing Date in accordance with the terms of the Deposit Agreement and the Escrow Agreement. The purchase price of such Equipment Notes shall equal the principal amount of such Equipment Notes. Amounts withdrawn from such Deposit or Deposits in excess of the purchase price of the Equipment Notes or to the extent not applied on the Applicable Closing Date to the purchase price of the Equipment Notes, shall be re-deposited by the Trustee with the Depositary on the Applicable Closing Date in accordance with the terms of the Deposit Agreement. The provisions of this Section 5.01(b) supersede and replace the provisions of Section 2.02 of the Basic Agreement with respect to the Applicable Trust, and all provisions of the Basic Agreement relating to Postponed Notes and Section 2.02 of the Basic Agreement shall not apply to the Applicable Trust. (c) The Trustee acknowledges its acceptance of all right, title and interest in and to the Trust Property to be acquired pursuant to Section 5.01(b) of this Trust Supplement, the NPA and each Applicable Participation Agreement, and declares that it holds and will hold such right, title and interest for the benefit of all present and future Applicable Certificateholders, upon the trusts set forth in the Agreement. By its acceptance of an Applicable Certificate, each initial Applicable Certificateholder, as a grantor of the Applicable Trust, joins with the Trustee in the creation of the Applicable Trust. The provisions of this Section 5.01(c) supersede and replace the provisions of Section 2.03 of the Basic Agreement, with respect to the Applicable Trust.

  • Delivery of Additional Documentation Required Borrower shall from time to time execute and deliver to Bank, at the request of Bank, all Negotiable Collateral, all financing statements and other documents that Bank may reasonably request, in form satisfactory to Bank, to perfect and continue perfected Bank's security interests in the Collateral and in order to fully consummate all of the transactions contemplated under the Loan Documents.

  • Notification of personal data breach 1. In case of any personal data breach, the data processor shall, without undue delay after having become aware of it, notify the data controller of the personal data breach. 2. The data processor’s notification to the data controller shall, if possible, take place within 24 hours after the data processor has become aware of the personal data breach to enable the data controller to comply with the data controller’s obligation to notify the personal data breach to the competent supervisory authority, cf. Article 33

  • Rights of entry The landlord shall enter the premises only: › with the tenant’s consent at the time of entry › in an emergency › for necessary maintenance or repairs, compliance or preparation for compliance with any requirements regarding smoke alarms or insulation, from 8 am to 7 pm, after 24 hours’ notice › for an inspection of the property or work done by the tenant, from 8 am to 7 pm after 48 hours’ notice › with the tenant’s prior consent, to show the premises to prospective tenants, purchasers, registered valuer or real estate agent doing an appraisal, or other expert engaged in appraising the premises. › Consent may not be unreasonably withheld but reasonable conditions may be imposed.

  • Obligation after the termination of personal data processing services

  • Information Submission by Connecting Transmission Owner The initial information submission by Connecting Transmission Owner shall occur no later than one hundred eighty (180) Calendar Days prior to Trial Operation and shall include New York State Transmission System information necessary to allow the Developer to select equipment and meet any system protection and stability requirements, unless otherwise mutually agreed to by the Developer and Connecting Transmission Owner. On a monthly basis Connecting Transmission Owner shall provide Developer and NYISO a status report on the construction and installation of Connecting Transmission Owner’s Attachment Facilities and System Upgrade Facilities and System Deliverability Upgrades, including, but not limited to, the following information: (1) progress to date; (2) a description of the activities since the last report; (3) a description of the action items for the next period; and (4) the delivery status of equipment ordered.

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