Examples of Constituent in a sentence
If FORTE fails to fund AGENCY’s account in an amount corresponding to a Constituent’s payment, AGENCY’s sole recourse shall be to FORTE, not the Constituent.
AGENCY shall regularly and promptly review all Transactions and shall immediately notify FORTE upon discovery of any and all discrepancies between the records of AGENCY compared with those provided by FORTE or AGENCY’s bank, or with respect to any Transaction that AGENCY believes was made erroneously or without proper authorization from the Constituent or Consumer.
AGENCY shall not re-submit any Transaction unless it is returned as (i) insufficient funds (R01) or (ii) uncollected funds (R09) or unless a new Authorization is obtained from Constituent.
AGENCY may re-initiate Transactions to or from a Constituent’s account only upon receiving new Authorization from Constituent.
All disputes between AGENCY and its Constituents relating to any Transaction processed under this Agreement will be settled by and between AGENCY and Constituent.