VANCO DUTIES Sample Clauses

VANCO DUTIES. Vanco will utilize an Originating Depository Financial Institution (“ODFI”) to initiate the electronic funds transfer entries. Company acknowledges that Vanco and the ODFI are bound by ACH rules, regulations and guidelines. The settlement of the debit transactions for the Customer and the crediting of those transactions to Company's depository account maintained at its financial institution (“Company’s Account”) shall all be made pursuant to ACH rules. At no time will the settlement amounts be deposited in or credited to Vanco's bank account.
Sample 1Sample 2Sample 3
AutoNDA by SimpleDocs
VANCO DUTIES. The transactions shall be processed in accordance with the Client Procedures. Vanco has merchant accounts for the purpose of processing those transactions. Company will receive a credit, after deduction of the Program Charges, to its designated account at its financial institution (“Company’s Account”) within two (2) business days after Vanco receives notification that a transaction which it has processed has been funded. The funds shall be transferred to Company’s Account by utilizing the Automated Clearing House (“ACH”) Network. In the event that there is a chargeback or refund for any credit card transaction processed by Vanco, Company hereby authorizes Vanco to debit Company’s Account for such chargeback or refund together with any Program Charges. The debiting of Company’s Account shall be made by means of ACH.
Sample 1
VANCO DUTIES. Vanco, in accordance with the Regulations, agrees to comply with all policies, procedures and requirements applicable to Merchants classified in specific industries. It is the duty of Vanco to provide all necessary documentation and reporting to American Express upon its request.
Sample 1
VANCO DUTIES. Vanco shall provide services as a merchant processor under this Agreement. Company will receive a credit to its designated account at its financial institution (“Company’s Account”) within two (2) business days after Vanco receives notification that a transaction which it has processed for Company has been funded. The funds shall be transferred to Company’s Account by utilizing the Automated Clearing House (“ACH”) Network.
Sample 1

Related to VANCO DUTIES

  • Extra Duties The Trustee shall be entitled to refuse to approve any Substituted Obligor if, pursuant to the law of the jurisdiction of incorporation of the Substituted Obligor, the assumption by the Substituted Obligor of its obligations hereunder imposes responsibilities on the Trustee over and above those which have been assumed under this Trust Deed.

  • General Duties and Responsibilities 1. Responsibilities under the General Conditions of the Contract for Construction: In addition to the responsibilities herein set forth, Consulting Engineer/Architect agrees to be responsible for those matters identified in the General Conditions as being responsibilities of the Consulting Engineer/Architect. Consulting Engineer/Architect specifically acknowledges receipt of a copy of the General Conditions and acceptance of the responsibilities as set forth therein.

  • Job Duties It is understood by the parties that every incidental duty connected with operations enumerated in job descriptions is not always specifically described. Nevertheless, it is intended that all such duties shall be performed by employees.

  • Civic Duties An employee who is late for work as a result of duties as a volunteer fire fighter or licensed ambulance attendant or licensed rescue squad attendant, shall be granted use of annual leave and/or accrued compensatory leave to cover the period of lateness, provided that performance of said duties may be verified by the Employer.

  • General Duties It shall be the duty of the Owner Trustee to discharge (or cause to be discharged) all of its responsibilities pursuant to the terms of this Agreement and the Sale and Servicing Agreement and to administer the Trust in the interest of the Holder, subject to the Basic Documents and in accordance with the provisions of this Agreement. Notwithstanding the foregoing, the Owner Trustee shall be deemed to have discharged its duties and responsibilities hereunder and under the Basic Documents to the extent the Servicer has agreed in the Sale and Servicing Agreement to perform any act or to discharge any duty of the Trust or the Owner Trustee hereunder or under any Basic Document, and the Owner Trustee shall not be liable for the default or failure of the Servicer to carry out its obligations under the Sale and Servicing Agreement.

  • Basic Duties 1. For commercial exchanges covered by this Agreement, the Customs Tariffs of the Parties shall be applied to the classification of goods for imports into them.

  • Typical Duties (1) Supervises designated staff by performing duties such as scheduling and coordinating work assignments, evaluating employee performance and determining related training and orientation requirements.

  • Normal Duties (a) Faculty members are accountable for 10 months of the year. The 10 months accountable time includes such activities as teaching, the counselling of students, curriculum/program development, professional development and participation on a variety of educational committees.

  • CLIENT’S DUTIES Client agrees to be truthful with Attorney, to cooperate, to keep Attorney informed of any information or developments which may come to Client’s attention, to abide by this Agreement, to pay Attorney’s bills on time and to keep Attorney advised of Client’s address, telephone number and whereabouts. Client will assist Attorney in providing information and documents necessary for the representation in the described matter.

  • Duties and Responsibilities (a) The Auction Agent is acting solely as agent for the Company hereunder and owes no fiduciary duties to any other Person by reason of this Agreement.

Time is Money Join Law Insider Premium to draft better contracts faster.