Examples of ACH in a sentence
At least fifteen (15) Business Days prior to the Closing Date, Seller will deliver to Buyer (i) a listing of account numbers for all accounts being assumed by Buyer subject to ACH Items and Recurring Debit arrangements, and (ii) all other records and information necessary for Buyer to administer such arrangements.
The Servicer shall make such deposits or payments on the date indicated therein by wire transfer in immediately available funds or by automated clearing house (ACH).
Sellers agree to pay the following expenses in connection with such account debtor payments: (i) $25.00 fee for each wire transfer; (ii) $12.00 fee for each ACH transfer; (iii) any courier costs for forwarding checks; (iv) any delivery costs for forwarding checks; and (v) $20.00 administrative processing fee for each check, wire or ACH received and forwarded by Purchaser.
Buyer shall continue such ACH arrangements and such Recurring Debit arrangements as are originated and administered by third parties and for which Buyer need act only as processor; Buyer shall also continue Recurring Debit arrangements that were originated or administered by Seller.
Lender shall have received from Debtor a completed and executed ACH payment authorization, in the form required by Xxxxxx (the “ACH Form”), attached hereto as Exhibit F.