ACH Exception definition

ACH Exception means either an ACH Credit Entry Exception or ACH Debit Entry Exception.
Sample 1Sample 2Sample 3
ACH Exception means an Entry that does not match the Filtering Rules.
Sample 1

Examples of ACH Exception in a sentence

  • Extraco then will process the ACH Exception Item in question according to the instructions provided by the Business Entity, if any.

  • ACH Excluded Items are specifically excluded from ACH Items and ACH Exception Items, and will post to the Authorized Account so long as funds are available in the Authorized Account.

  • Extraco will identify all ACH Exception Items on an ACH Exception Item Report.

  • The application permits a Requesting Bank to initiate an ACH Exception case and a Responding Bank to receive, view, and respond to that case.

  • Business Entity shall review and specify which exceptions Business Entity decides to pay or return and provide an electronic decision of the ACH Exception Item through Extraco’s E-Business service no later than 10:30 AM CST of the same day the ACH Exception Item Report is received.

  • Business Entity agrees to promptly review and verify the Exception ACH Item Report and submit a timely Return Request to Extraco as provided in this Agreement for any ACH Exception Items the Business Entity objects to pay.

  • Extraco may finally pay and charge to the Authorized Account any ACH Exception Item provided that Business Entity has not objected to such payment in a timely Return Request.

  • The Exception Resolution Service (Service) is provided by the Reserve Banks pursuant to Appendix H to Operating Circular 4 through an application that permits Participating Banks to handle certain specified kinds of ACH Exception Use Cases that arise with respect to items originated or received through the FedACH service.

Related to ACH Exception

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

  • 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.

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

  • 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.

  • 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.

  • 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.

  • 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,

  • 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.