Common use of ACH Processing Services Clause in Contracts

ACH Processing Services. Whereas Company wishes to initiate various pre-authorized Debit or Credit Entries (“Entries”), pursuant to the terms of this Agreement and the rules of the National Automated Clearing House Association (“NACHA”), through the Automated Clearing House (“ACH”) and Processor is capable and willing to act as a Third- Party Sender (“TPS) with respect to such Entries, Company hereby agrees to the following:

ACH Processing Services. Whereas Company wishes to initiate various pre-authorized Debit or Credit Entries (“Entries”), pursuant to the terms of this Agreement and the rules of the National Automated Clearing House Association (“NACHA”), through the Automated Clearing House (“ACH”) and Processor is capable and willing to act as a Third- Third-Party Sender (“TPS) with respect to such Entries, Company hereby agrees to the following: