ACH arrangement definition

ACH arrangement means the agreement between the originator of the ACH transaction and the receiver of the ACH transaction.
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ACH arrangement means an agreement between the originator and the receiver of an ACH transaction.
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Examples of ACH arrangement in a sentence

  • Borrower (i) shall maintain in all respects this ACH arrangement; (ii) shall not change depository institutions without Lender’s prior written consent, and if consent is received, shall immediately execute similar ACH instruction(s), and (iii) waives any and all claims for loss or damage arising out of debits or credits to/from the depository institution, whether made properly or in error.

  • Borrower (i) shall maintain in all respects this ACH arrangement; (ii) shall not change depository institutions without Lender’s prior written consent, and if consent is received, shall immediately execute similar ACH instruction(s), and (iii) waive any and all claims for loss or damage arising out of debits or credits to/from the depository institution, whether made properly or in error.

  • Under the ACH arrangement, will receive a notification via fax that indicates the total amount of funds required to maintain the required minimum balance of OxfordFlex Healthcare contributions (15% for employer groups offering the debit card).

  • Bank Information Depository Name Branch City State Zip Transit/ABA No. Bank Account No. Please check those that apply: □ Pre-funding of OxfordFlex Healthcare Contributions via ACH Under the ACH arrangement, will provide a pre-fund amount of annual health contributions (25% if debit card is offered; 4% otherwise).

  • Seller authorizes Purchaser to establish an ACH arrangement to credit Seller’s Account with any Purchases or amounts owing to Seller by Purchaser and to debit Seller’s Account any amounts owing to Purchaser in connection with this Agreement.

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.

  • netting arrangement means an arrangement under which a number of claims or obligations can be converted into a single net claim, including close-out netting arrangements under which, on the occurrence of an enforcement event (however or wherever defined) the obligations of the parties are accelerated so as to become immediately due or are terminated, and in either case are converted into or replaced by a single net claim, including ‘close-out netting provisions’ as defined in point (n)(i) of Article 2(1) of Directive 2002/47/EC and ‘netting’ as defined in point (k) of Article 2 of Directive 98/26/EC;

  • 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.