Common use of ACH Services Clause in Contracts

ACH Services. When requested by Merchant, Processor will also provide ACH processing services at the rates specified in Schedule A. Merchant agrees that information supplied in this application may be used to establish a separate ACH account. Merchant agrees that Bank and Processor will deduct processing fees from the Operating Account or Reserve Account on a daily basis unless a monthly basis is specified on Schedule A. Merchant also agrees to pay Bank or Processor the amount of any fees, charges or penalties assessed against Bank or Processor. Merchant agrees to abide by all National Automated Clearing House Association (NACHA) rules and regulations governing ACH processing and use of their network

Appears in 2 contracts

Sources: Merchant Card Processing Agreement, Merchant Card Processing Agreement

ACH Services. When requested by Merchant, Processor will also provide ACH processing services at the rates specified in Schedule A. Merchant ▇▇▇▇▇▇▇▇ agrees that information supplied in this application may be used to establish a separate ACH account. Merchant ▇▇▇▇▇▇▇▇ agrees that Bank and Processor will deduct processing fees from the Operating Account or Reserve Account on a daily basis unless a monthly basis is specified on Schedule A. Merchant ▇▇▇▇▇▇▇▇ also agrees to pay Bank or Processor the amount of any fees, charges or penalties assessed against Bank or Processor. Merchant ▇▇▇▇▇▇▇▇ agrees to abide by all National Automated Clearing House Association (NACHA) rules and regulations governing ACH processing and use of their network

Appears in 2 contracts

Sources: Merchant Card Processing Agreement, Merchant Card Processing Agreement

ACH Services. When requested by Merchant, Processor will also provide ACH processing services at the rates specified in Schedule A. Merchant agrees that information supplied in this application may be used to establish a separate ACH account. Merchant agrees that Bank and Processor will deduct processing fees from the Operating Account or Reserve Account on a daily basis unless a monthly basis is specified on Schedule A. Merchant also agrees to pay Bank or Processor the amount of any fees, charges or penalties assessed against Bank or Processor. Merchant agrees to abide by all National Automated Clearing House Association (NACHA) rules and regulations governing ACH processing and use of their networknetworks.

Appears in 1 contract

Sources: Merchant Card Processing Agreement

ACH Services. When requested by Merchant, Processor will also provide ACH processing services at the rates specified in Schedule A. Merchant ▇▇▇▇▇▇▇▇ agrees that information supplied in this application may be used to establish a separate ACH account. Merchant ▇▇▇▇▇▇▇▇ agrees that Bank and Processor will deduct processing fees from the Operating Account or Reserve Account on a daily basis unless a monthly basis is specified on Schedule A. Merchant ▇▇▇▇▇▇▇▇ also agrees to pay Bank or Processor the amount of any fees, charges or penalties assessed against Bank or Processor. Merchant ▇▇▇▇▇▇▇▇ agrees to abide by all National Automated Clearing House Association (NACHA) rules and regulations governing ACH processing and use of their networknetworks.

Appears in 1 contract

Sources: Merchant Card Processing Agreement