ACH Items definition

ACH Items means automated clearing house debits and credits including social security payments, federal recurring payments, and other payments debited and/or credited to or from Deposit accounts pursuant to arrangements between the owner of the account and third party initiating the credits or debits.
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ACH Items is defined in the definition of "Deposits".
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ACH Items means automated clearing house debits and credits, including, but not limited to, social security payments, federal recurring payments, and other payments debited and/or credited on a regularly scheduled basis to or from Deposit accounts pursuant to arrangements between the owner of the account and a third party directly making the credits or debits.
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Examples of ACH Items 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.

  • At least 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.

  • Thereafter, Seller will return all ACH Items to the paying party.

  • One hundred and twenty (120) days after the Closing Date, Seller will return all such ACH Items to the paying party and Purchaser shall assume no responsibility with respect to such ACH Items.

  • One hundred and twenty (120) calendar days after the Closing Date, Seller will return all such ACH Items to the paying party and Purchaser shall assume no responsibility with respect to such ACH Items.

  • Seller will use reasonable efforts to transfer to Buyer on the Closing Date all of those ACH Items and other electronic or wire transfer direct deposit arrangements which are tied by agreement or other standing arrangement to Assumed Deposit Accounts (collectively, “Direct Deposits”) and shall bear the responsibility to perform any acts necessary with regard to any ACH Notice of Change required by applicable legal rule or regulation.

  • At the time of each Direct Deposit Cut-off Date, Buyer will provide ACH Items originators with account numbers and conversion tapes relating to Assumed Deposit Accounts.

  • At least thirty (30) calendar days prior to the Closing Date, Seller will deliver to Buyer (i) a modem transmission of existing ACH Items and Recurring Debit Arrangements, (ii) copies of existing ACH origination forms for social security payments and Recurring Debit arrangements being assumed by Buyer hereunder, and (iii) all other records and information necessary for Buyer to administer such arrangements.

  • Thereafter, Seller will return all ACH Items to the originating depository financial institution ("ODFI").

  • We will implement instructions that your Service Representative provides in your Service Request, and we will return blocked ACH Item(s) before those ACH transactions will be posted to your Account(s).


More Definitions of ACH Items

ACH Items means ACH debits and credits, including but not limited to Social Security payments, Federal recurring payments, and other payments debited and/or credited on a regularly scheduled basis to or from deposit accounts pursuant to arrangements between the owner of the account and a third party directly making the credits or debits. “Affiliate” of a party means any person, partnership, corporation, association or other legal entity directly or indirectly controlling, controlled by or under common control with that party.
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ACH Items means ACH debits and credits, including but not limited to Social Security payments, Federal recurring payments, and other payments debited and/or credited on a regularly scheduled basis to or from deposit accounts pursuant to arrangements between the owner of the account and a third party directly making the credits or debits. “Affiliate” of a party means any person, partnership, corporation, association or other legal entity directly or indirectly controlling, controlled by or under common control with that party.
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Related to ACH Items

  • Issuance Items has the meaning set forth in Section 3.3(h) hereof.

  • Items means the finished goods or services which are intended for export from the United States, either directly or as an Indirect Export, meet the U.S. Content requirements in accordance with Section 2.01(b)(ii) of this Agreement and are specified in Section 4.A. of the Loan Authorization Agreement.

  • Marijuana items means marijuana, cannabinoid products, cannabinoid concentrates and cannabinoid extracts.

  • Client Assets means assets which a bank has undertaken to hold for a client (whether or not on trust, and whether or not the undertaking has been complied with);