ACH Exception definition

ACH Exception means either an ACH Credit Entry Exception or ACH Debit Entry Exception.
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ACH Exception means an Entry that does not match the Filtering Rules.
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Examples of ACH Exception in a sentence

  • Only a Requesting Bank or the Reserve Bank can cancel an ACH Exception Use Case.

  • If a Requesting Bank determines an ACH Exception Use Case was initiated in error, the Requesting Bank must send a cancellation message.

  • If the Reserve Bank cancels an ACH Exception Use Case, the Reserve Bank will send a cancellation message to the Requesting Bank and to the Responding Bank if the ACH Exception Use Case had previously been sent to them.

  • If no response is received within a specified period of time, as prescribed by the ACH ERS QRS, the ACH Exception Use Case will be closed or cancelled.

  • Contractor exclusively will be responsible for training and supervising all of its personnel (including any subcontractor personnel) and take necessary actions to ensure that its workmen have sufficient skill and experience to properly perform the work assigned to them.

  • After an ACH Exception Use Case is properly initiated and the Reserve Bank has completed all validations, including confirming that both the Requesting Bank and the Responding Bank are Participating Banks, the Reserve Bank will open an ACH Exception Use Case and notify the Responding Bank of the open ACH Exception Use Case.

  • In replying, the Requesting Bank may request additional information from the Responding Bank, but in replying the Requesting Bank is not initiating a new ACH Exception Use case.

  • The ACH ERS QRG specifies the timeframes of how long an ACH Exception Use Case will remain in active status before it is closed.

  • Only a Requesting Bank can resolve an ACH Exception Use Case by sending a message indicating the ACH Exception Use Case is resolved.

  • By not responding within the specified period of time under the ERS QRG, the ACH Exception Use Case will be canceled D) Requesting Bank’s Action to an ACH Exception Use Case: a.

Related to ACH Exception

  • Permitted Exception means that, with respect to any representation, warranty or covenant with respect to the interest of the Buyer and its assignees in the ARSC Purchased Assets or any Servicer Default, that (i) prior to recordation (A) pursuant to Section 8.3 of this Agreement and/or Section 2.01(d)(i) of the Transfer and Servicing Agreement or (B) upon the sale of a Home to an Ultimate Buyer, record title to such Home may remain in the name of the related Transferred Employee, and no recordation in real estate records of any mortgage or any conveyance pursuant to the related Home Purchase Contract or Home Sale Contract in favor of any Transaction Party or any of the Buyer’s assignees and assigns pursuant to the Receivables Purchase Agreement will be made except as otherwise permitted under Section 2.01(d)(i) of the Transfer and Servicing Agreement and (ii) no delivery of any Home Purchase Contracts, Home Deeds and Equity Loan Notes to any custodian will be required.

  • Title Objection shall have the meaning assigned thereto in Section 8.5.

  • Title Defects has the meaning set forth in Section 5.15(b).

  • Title Objections has the meaning ascribed to such term in Section 6.2(a).

  • Remedies Exception means the extent to which enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or other similar Laws affecting the enforcement of creditors’ rights generally and by general equitable principles.

  • Bankruptcy Exception means, in respect of any agreement, contract, commitment or obligation, any limitation thereon imposed by any bankruptcy, insolvency, fraudulent conveyance, reorganization, receivership, moratorium or similar Law affecting creditors’ rights and remedies generally and, with respect to the enforceability of any agreement, contract, commitment or obligation, by general principles of equity, including principles of commercial reasonableness, good faith and fair dealing, regardless of whether enforcement is sought in a proceeding at Law or in equity.

  • Permitted Exceptions shall have the meaning set forth in Section 4.3.

  • Property Condition Report means a report prepared by a company satisfactory to Lender regarding the physical condition of the Property, satisfactory in form and substance to Lender in its sole discretion.

  • Title Defect means with respect to a Lease any lien, encumbrance, adverse claim, default, expiration, failure, defect in or objection to real property title, other than Permitted Encumbrances, that alone or in combination with other defects renders Sellers’ title to the Lease less than Defensible Title.

  • Title IX means 20 U.S.C. §§ 1681-1688 and the implementing regulations.

  • Title Defect Property has the meaning set forth in Section 6.2(a).

  • Bankruptcy and Equity Exception means that this Agreement is, when executed and delivered by such member(s) of the Seller Group and assuming the due authorization, execution and delivery hereof by the members of the Purchaser Group that are (or are contemplated to be) party hereto, will be, legal, valid and binding obligations of such members of the Seller Group enforceable in accordance with their terms, subject to receivership, conservatorship and supervisory powers of bank regulatory agencies, bankruptcy, rehabilitation, liquidation, insolvency reorganization, moratorium, fraudulent transfer, preferential transfer and similar Laws of general applicability relating to or affecting creditors’ rights and remedies generally and to general equity principles.

  • Customary Recourse Exceptions means, with respect to any Non-Recourse Debt of an Unrestricted Subsidiary, exclusions from the exculpation provisions with respect to such Non-Recourse Debt for the voluntary bankruptcy of such Unrestricted Subsidiary, fraud, misapplication of cash, environmental claims, waste, willful destruction and other circumstances customarily excluded by lenders from exculpation provisions or included in separate indemnification agreements in non-recourse financings.

  • Title Defect Notice shall have the meaning set forth in Section 11.2(a).

  • Environmental Defect means, with respect to any given Asset, a material violation of Environmental Laws in effect as of the Effective Time in the jurisdiction in which such Asset is located.

  • Equitable Exceptions means, with respect to the enforceability of any obligation, that such obligation is subject to (a) applicable bankruptcy, insolvency, moratorium, receivership, assignment for the benefit of creditors or other similar state or federal laws affecting the rights and remedies of creditors generally (including, without limitation, fraudulent conveyance or transfer laws) and judicially developed doctrines in this area, such as equitable subordination and substantive consolidation of entities and (b) equitable principles (whether considered in a proceeding in equity or at law).

  • Required Repair Fund shall have the meaning set forth in Section 7.1.1 hereof.

  • Toll Billing Exception Service (TBE means a service that allows End Users to restrict third number billing or collect calls to their lines.

  • Blanket encumbrance means a trust deed or mortgage or any other lien or encumbrance,

  • Bankruptcy Exceptions means limitations on, or exceptions to, the enforceability of an agreement against a Person due to applicable bankruptcy, insolvency, reorganization, moratorium or similar laws affecting the enforcement of creditors’ rights generally or the application of general equitable principles, regardless of whether such enforceability is considered in a proceeding at law or in equity.

  • Environmental Defect Notice shall have the meaning set forth in Section 12.1(a).

  • Environmental Defect Value means, with respect to any Environmental Defect, the value, as of the Closing Date, of the estimated costs and expenses to correct such Environmental Defect in the most cost-effective manner reasonably available, consistent with Environmental Laws, taking into account that non-permanent remedies (such as mechanisms to contain or stabilize hazardous materials, including monitoring site conditions, natural attenuation, risk-based corrective action, institutional controls or other appropriate restrictions on the use of property, caps, dikes, encapsulation, leachate collection systems, etc.) may be the most cost-effective manner reasonably available.

  • Required Repair Account shall have the meaning set forth in Section 7.1.1 hereof.

  • Property Loss Event means any loss of or damage to property of Group or any Subsidiary thereof that results in the receipt by such Person of proceeds of insurance in excess of $2,000,000 or any taking of property of Group or any Subsidiary thereof that results in the receipt by such Person of a compensation payment in respect thereof in excess of $2,000,000.

  • Title V means Title V of the federal Act for the Senior Community Service Employment Program for Older Americans.

  • Title Defect Amount means, with respect to a Title Defect Property, the amount by which such Title Defect Property is impaired as a result of the existence of one or more Title Defects, which amount shall be determined as follows: