Common use of ACH Activities Clause in Contracts

ACH Activities. Company, with the mutual consent of Merchant is acting on Merchant’s behalf and for the benefit of Merchant in directing WFB to transfer Merchant funds from the Operating Account to other accounts. Company represents that Company has been authorized by each Merchant to act on such Merchant’s behalf relating to the Operating Account and to direct WFB accordingly. Company, upon request by WFB, can supply documentation proving such authority. The terms and conditions under which WFB agrees to provide funds transfers from the Operating Account based on Company’s authorization, direction, and control on behalf of Merchants shall be addressed in a separate ACH processing agreement between Company and its ACH processor.