ACH arrangement definition

ACH arrangement means the agreement between the originator of the ACH transaction and the receiver of the ACH transaction.
Sample 1Sample 2Sample 3
ACH arrangement means an agreement between the originator and the receiver of an ACH transaction.
Sample 1Sample 2Sample 3

Examples of ACH arrangement in a sentence

  • A local unit shall not be a party to an ACH arrangement unless the governing body of the local unit has adopted a resolution to authorize electronic transactions and the treasurer or the ETO of the local unit has presented a written ACH policy to the governing body.

  • The authority for ACH credits and debits shall remain in full force and effect until you terminate it in writing, in a time and manner affording us the opportunity to act thereon, or until 10 days after we notify you in writing of our termination of the ACH arrangement.

  • On termination of the ACH arrangement, your right to use the CB Charge Program shall terminate.

  • An ACH arrangement shall remain in effect until it is terminated by a re- quest from the owner or coowner sub- mitted to the Bureau of the Public Debt, Parkersburg, WV 26102–1328.

  • On termination of the ACH arrangement, your right to use the cbCharge Program shall terminate.

  • An ACH arrangement under PA 738 of 2002 is not subject to the Revised Municipal Finance Act, Public Act 34 of 2001 (MCL 141.2101, et seq.), or to provisions of law or charter concerning the issuance of debt by a local unit.

  • The District may be a party to an Automated Clearing House (ACH) arrangement.

  • If you are in a non-pay status (such as Leave without Pay), you must still make loan payments directly to Fidelity by setting up an ACH arrangement.

  • Provided a retirement portability election is made to retain NAF Retirement coverage, you must contact Fidelity to set up your loan payments via ACH arrangement.

  • If after submission of deposit account information, it is de- termined that ACH payments cannot be accepted by the designated financial institution, pending receipt of new de- posit account information, payment will be made by check drawn to the registered owner or both coowners and mailed to the address of record.(5) Cancellation of ACH arrangement.

Related to ACH arrangement

  • Cash Management Arrangements means all cash management arrangements pursuant to which Honeywell or its Subsidiaries automatically or manually sweep cash from, or automatically or manually transfer cash to, accounts of SpinCo or any member of the SpinCo Group.

  • Access Arrangement means an arrangement for access to a Covered Pipeline that has been approved by the Relevant Regulator.

  • Management Arrangements means the arrangements for the strategic management of the relationship between the Authority and the Contractor, including arrangements for monitoring of the Contractor’s compliance with the Specification, the Service Levels, the Award Procedures and the terms of this Framework Agreement, set out in Schedule 4.

  • Travel Arrangements means: (a) transportation: (b) accommodations: and (c) other specified services arranged by the Travel Supplier for the covered trip.

  • Cash Management Agreement means any agreement to provide cash management services, including treasury, depository, overdraft, credit or debit card, electronic funds transfer and other cash management arrangements.

  • Secured Cash Management Agreement means any Cash Management Agreement that is entered into by and between any Credit Party and any Cash Management Bank.

  • legal arrangement means a trust or other similar arrangement;

  • Arrangement Agreement has the meaning ascribed thereto in the recitals hereof;

  • referral arrangement means any arrangement in which a registrant agrees to pay or receive a referral fee;

  • Life-of-the-unit, firm power contractual arrangement means a unit participation power sales agreement under which a utility or industrial customer reserves, or is entitled to receive, a specified amount or percentage of nameplate capacity and associated energy from any specified unit and pays its proportional amount of such unit's total costs, pursuant to a contract:

  • Interconnection arrangements means arrangements governing the physical connection of two or more networks to allow the use of another's network to hand off traffic where it is ultimately delivered (e.g., connection of a customer of telephone provider A to a customer of telephone company B) or sharing data and other information resources. Reasonable inquiry means an inquiry designed to uncover any information in the entity's possession about the identity of the producer or provider of covered telecommunications equipment or services used by the entity that excludes the need to include an internal or third-party audit. Roaming means cellular communications services (e.g., voice, video, data) received from a visited network when unable to connect to the facilities of the home network either because signal coverage is too weak or because traffic is too high. Substantial or essential component means any component necessary for the proper function or performance of a piece of equipment, system, or service.

  • Cash Management Order means an order of the Bankruptcy Court, in form and substance acceptable to the Required Lenders, (i) approving and authorizing the Loan Parties to use existing cash management system, (ii) authorizing and directing banks and financial institutions to honor and process checks and transfers, (iii) authorizing continued use of intercompany transactions, (iv) waiving requirements of Section 345(b) of the Bankruptcy Code and (v) authorizing the Loan Parties to use existing bank accounts and existing business forms.

  • Significant Transaction or Arrangement means any individual transaction or arrangement that exceeds or is likely to exceed 10% of the total revenues or total expenses or total assets or total liabilities, as the case may be, of the material unlisted subsidiary for the immediately preceding accounting year.