Balancing and Controls. On a daily basis, Customer shall review all input and output, controls, reports, and documentation, to ensure the integrity of data processed by M&I. In addition, Customer shall, on a daily basis, check exception reports to verify that all file maintenance entries and nondollar transactions were correctly entered. Customer is responsible for initiating timely remedial action to correct any improperly processed data which these reviews would disclose.
Appears in 6 contracts
Samples: Data Processing Services Agreement (Cobancorp Inc), Deposit Services (Valley National Corp /De/), Data Processing Services Agreement (Team Financial Inc /Ks)
Balancing and Controls. On Customer shall (a) on a daily basis, Customer shall review all input and output, controls, reports, and documentation, to ensure the integrity of data processed by M&I. In addition, Customer shall, M&I; and (b) on a daily basis, check exception reports to verify that all file maintenance entries and nondollar transactions were correctly entered. Customer is shall be responsible for initiating timely remedial action to correct any improperly processed data which these reviews would disclose.
Appears in 6 contracts
Samples: Outsourcing Agreement (First Midwest Bancorp Inc), Outsourcing Agreement (First Midwest Bancorp Inc), Outsourcing Agreement (Jacksonville Bancorp Inc /Fl/)
Balancing and Controls. On a daily basis, Customer shall review all input and output, controls, controls reports, and documentation, to ensure the integrity of data processed by M&I. In addition, Customer shall, on a daily basis, check exception reports to verify that all file maintenance entries and nondollar transactions were correctly entered. Customer is responsible for initiating timely remedial action to correct any improperly processed data which these reviews would disclose.
Appears in 2 contracts
Samples: Data Processing Services Agreement (Merrill Merchants Bancshares Inc), Data Processing Services Agreement (Merrill Merchants Bancshares Inc)
Balancing and Controls. On Customer shall (a) on a daily basis, Customer shall review ---------------------- all input and output, controls, reports, and documentation, to ensure the integrity of data processed by M&I. In addition, Customer shall, M&I; and (b) on a daily basis, check exception reports to verify that all file maintenance entries and nondollar transactions were correctly entered. Customer is shall be responsible for initiating timely remedial action to correct any improperly processed data which these reviews would disclose.
Appears in 1 contract
Balancing and Controls. On a daily basis, Customer shall review all ---------------------- input and output, controls, reports, and documentation, to ensure the integrity of data processed by M&I. In addition, Customer shall, on a daily basis, check exception reports to verify that all file maintenance entries and nondollar transactions were correctly entered. Customer is responsible for initiating timely remedial action to correct any improperly processed data which these reviews would disclose.
Appears in 1 contract
Samples: Processing Services Agreement (Bryn Mawr Bank Corp)
Balancing and Controls. On a daily basis, Customer shall review all input and output, controls, reports, and documentation, to ensure the integrity of data processed by M&I. In addition, Customer shall, on a daily basis, check exception reports to verify that all file maintenance entries and nondollar transactions were correctly entered. Customer is responsible for initiating timely remedial action to correct any improperly processed data which these reviews would disclose.were
Appears in 1 contract
