Examples of Retry Fees in a sentence
Settlement Class Members entitled to forgiveness of Uncollected Retry Fees shall receive this benefit automatically.
Defendant has agreed to forgive in full all Uncollected Fees, those Retry Fees and APPSN Fees that were assessed but were not paid when an Account was closed and the Uncollected Fees charged off, in the amount of $1,007,548.
Retry Fees means overdraft and/or returned item fees that were charged and not refunded for Automated Clearing House (ACH) and check transactions that were re-submitted by a merchant after being returned by Defendant for insufficient funds.
Eligibility for a Settlement Class Member Payment requires that the Settlement Class Member have paid one or more Retry Fees and/or Sufficient Funds Fees.
The Settlement Class is a Rule 23(b)(3) opt-out class, defined as “all current and former customers of Defendant with consumer checking accounts, who were charged APPSN Fees or Retry Fees.