Compliance with the Rules and Applicable Law Sample Clauses

Compliance with the Rules and Applicable Law. The Company represents and warrants that it will comply with the Rules (including proper SEC codes), United States laws, and other applicable laws, regulations and regulatory requirements and that it will not transmit any Entry or engage in any act or omission that violates or causes Glenwood State Bank to violate the Rules, applicable laws, regulations or regulatory requirements, including, without limitation, regulations of the Office of Foreign Asset Control (OFAC), sanctions or executive orders, or any program administered by the United States Department of the Treasury’s Financial Crimes Enforcement Network (“FinCEN”), the Board of Governors of the Federal Reserve and the Federal Financial Institutions Examination Council (“FFIEC”). Glenwood State Bank may terminate or suspend this Agreement upon written notice and identification of a material breach by Company of the Rules. Furthermore, Glenwood State Bank shall have the right to initiate an audit of Company procedures for compliance with this Agreement and the Rules, upon written notification to Company. Glenwood State Bank will charge the Company with any fines or penalties imposed by OFAC, NACHA or any organization which are incurred as a result of non-compliance by Company and Company agrees to fully reimburse and/or indemnify Glenwood State Bank for such charges or fines.
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Compliance with the Rules and Applicable Law. The Company’s rights and obligations with respect to any Entry are governed by the Rules, this Agreement and applicable law. The Company acknowledges receipt of a copy of, or availability of, the Rules. The Rules may also be purchased by contacting the Bank’s Regional Payments Association: xxx.xxxxxx.
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Compliance with the Rules and Applicable Law. Company’s rights and obligations with respect to any Entry are governed by the Rules, and U.S. laws. Company acknowledges receiving online access to ACH Rules. Company agrees to be bound by the Rules, as may be amended from time to time. Company represents and warrants that it will comply with the Rules and applicable laws, regulations, regulatory requirements and Bank’s current Service Documentation, and that it will not transmit any Entry or engage in any act or omission that violates or causes Bank to violate the Rules, applicable laws, regulations or regulatory requirements, including, without limitation, regulations of OFAC, sanctions or executive orders, or any program administered by the United States Department of the Treasury’s Financial Crimes Enforcement Network (“FinCEN”), the Board of Governors of the Federal Reserve and the Federal Financial Institutions Examination Council (“FFIEC”). Bank may terminate or suspend access upon written notice and identification of a material breach by Company of the Rules. Furthermore, Bank shall have the right to initiate an audit of Company procedures for compliance with this Service Agreement and the Rules, upon written notification to Company. Bank will charge the Company with any fines or penalties imposed by OFAC, Nacha or any organization which are incurred as a result of non-compliance by Company and Company agrees to fully reimburse and/or indemnify Bank for such charges or fines. The duties of Company set forth in the following paragraphs of this Agreement in no way limit the requirement of complying with the Rules
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Compliance with the Rules and Applicable Law. Third-Party Sender’s rights and obligations with respect to any Entry are governed by the Rules, and U.S. laws. Third-Party Sender acknowledges receiving online access to ACH Rules. Third- Party Sender agrees to be bound by the Rules, as may be amended from time to time. Third-Party Sender represents and warrants that it will comply with the Rules and applicable laws, regulations, regulatory requirements and Bank’s current Service Documentation, and that it will not transmit any Entry or engage in any act or omission that violates or causes Bank to violate the Rules, applicable laws, regulations or regulatory requirements, including, without limitation, regulations of OFAC, sanctions or executive orders, or any program administered by the United States Department of the Treasury’s Financial Crimes Enforcement Network (“FinCEN”), the Board of Governors of the Federal Reserve and the Federal Financial Institutions Examination Council (“FFIEC”). Bank may terminate or suspend access upon written notice and identification of a material breach by Third- Party Sender – or Nested Third-Party Sender of Third-Party Sender- of the Rules. Furthermore, Bank shall have the right to initiate an audit of Third-Party Sender – or Nested Third-Party Sender of Third-Party Sender procedures for compliance with this Service Agreement and the Rules, upon written notification to Third-Party Sender. Third-Party Sender agrees to assist Bank with facilitating any audit of any Nested Third-party Sender of Third-Party Sender. Bank will charge Third-Party Sender with any fines or penalties imposed by OFAC, Nacha or any organization which are incurred as a result of non-compliance by Third-Party Sender and Third- Party Sender agrees to fully reimburse and/or indemnify Bank for such charges or fines. The duties of Third-Party Sender set forth in the following paragraphs of this Agreement in no way limit the requirement of complying with the Rules.
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Compliance with the Rules and Applicable Law. The Merchant's rights and obligations with respect to any Entry are governed by the NACHA Rules ("the Rules"), this Agreement and applicable law. The Merchant agrees to comply with and be bound by "the Rules". The Merchant agrees to comply with applicable state and federal law or regulation and Merchant warrants that it will not transmit any Entry that violates the laws of the United States, including, without limitation, regulations of the Office of Foreign Asset Control (OFAC).
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Compliance with the Rules and Applicable Law. The Company’s rights and obligations with respect to each Entry are governed by the Rules, the policies, procedures, and rules of Financial Institution and the Southwestern Automated Clearing House Association, this Agreement, and applicable law, as all may be amended from time to time. Company shall obtain and maintain the most current version of the Rules at all times at its own expense and agrees to be bound by such Rules. Company may purchase a copy of the Rules at xxx.xxxxxx.xxx or xxx.xxxxx.xxx. Company represents and warrants that it will comply with the Rules and applicable laws, regulations, and regulatory requirements and that it will not transmit any Entry or engage in any act or omission that violates or causes Company or Financial Institution to violate the Rules, laws of the United States, regulations or regulatory requirements, including, without limitation, the Electronic Fund Transfers Act, Consumer Financial Protection Bureau Regulation E, Chapter 4A of the Texas Business and Commerce Code (UCC Article 4A, as adopted in Texas), regulations of the Office of Foreign Asset Control (OFAC) or U.S. sanctions or executive orders. Company shall permit Financial Institution to audit Company’s compliance with this Agreement and the Rules upon reasonable notice to Company and at a reasonable time. Company shall cooperate and assist Financial Institution in any such audit.
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Compliance with the Rules and Applicable Law. MERCHANT's rights and obligations with respect to any Entry are governed by the NACHA Rules ("the Rules"), this Agreement and applicable law. The Merchant agrees to comply with and be bound by "the Rules". XXXXXXXX agrees to comply with applicable state and federal law or regulation and Merchant warrants that it will not transmit any Entry that violates the laws of the United States, including, without limitation, regulations of the Office of Foreign Asset Control (OFAC).‌ DATA RETENTION. MERCHANT shall retain all records related to authorization, including all sales and credit receipts and authorizations for a period of no less than two years following the date of the transaction, or two years from authorization revocation if applicable. According to Paya-EFT’S current Paya-EFT policies, MERCHANT shall, as applicable, stamp or mark “ACH processed” and hand the check back to the check writer and retain for a period of 2 years all ACH Debits received from customers. If check is handed back to check writer, ACH authorization form is handed back to consumer, or recorded oral authorization is lost then MERCHANT acknowledges that Paya-EFT will not be able to provide any check collection services beyond the third electronic presentment of the check. Failure to provide the signed authorization receipt, form, or recorded oral authorization to Paya-EFT will result in cessation of collection efforts, and Paya-EFT will be entitled to immediately debit MERCHANT’S account for any previously processed and returned transactions. ADDITIONAL MERCHANT REPRESENTATIONS. XXXXXXXX agrees to permit Paya-EFT to audit MERCHANT upon reasonable notice. MERCHANT agrees that any outstanding amount(s) owed to Paya-EFT shall be subject to a 1.5% finance charge monthly. Any outstanding sums will be sent to an outside collection agency and charged the maximum amount of civil, legal, and collection fees/charges as is allowed by law. MERCHANT will not disclose and will keep confidential the terms and conditions of this Agreement.
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Compliance with the Rules and Applicable Law. MERCHANT's rights and obligations with respect to any Entry are governed by the NACHA ACH Rules ("the Rules"), this ACH Agreement and applicable law. The Merchant agrees to comply with and be bound by "the ACH Rules". XXXXXXXX agrees to comply with applicable state and federal law or regulation and Merchant warrants that it will not transmit any Entry that violates the laws of the United States, including, without limitation, regulations of the Office of Foreign Asset Control (OFAC).
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Related to Compliance with the Rules and Applicable Law

  • Compliance with Rules and Regulations PFPC undertakes to comply with all applicable requirements of the Securities Laws and any laws, rules and regulations of governmental authorities having jurisdiction with respect to the duties to be performed by PFPC hereunder. Except as specifically set forth herein, PFPC assumes no responsibility for such compliance by the Fund or any other entity.

  • Compliance with the Law The Parties agree to comply fully with all applicable federal, state, and local statutes, ordinances, rules, and regulations applicable to their entity in connection with the programs contemplated under this Agreement.

  • COMPLIANCE WITH THE ACT All matters related to the operations of the Company not specifically addressed herein must be addressed in accordance with the Act. The Company must comply with all other provisions of the Act in order to stay compliant with the law.

  • Compliance with Texas Privacy Laws and Regulations In performing their respective obligations under the Agreement, the LEA and the Provider shall comply with all Texas laws and regulations pertaining to LEA data privacy and confidentiality, including but not limited to the Texas Education Code Chapter 32, and Texas Government Code Chapter 560.

  • Compliance with Applicable Laws and Regulations (a) The Company shall not be required to issue or deliver any Shares pursuant to this Agreement pending compliance with all applicable federal and state securities and other laws (including any registration requirements or tax withholding requirements) and compliance with the rules and practices of any stock exchange upon which the Company’s Shares are listed.

  • Applicable Rules and Regulations The Account and each transaction therein shall be subject to the terms of this Agreement and to (a) all applicable laws and the regulations, rules and orders (collectively "regulations") of all regulatory and self-regulatory organizations having jurisdiction and (b) the constitution, by-laws, rules, regulations, orders, resolutions, interpretations and customs and usages (collectively "rules") of the market and any associated clearing organization (each an "exchange") on or subject to the rules of which such transaction is executed and/or cleared. The reference in the preceding sentence to exchange rules is solely for DWR's protection and DWR's failure to comply therewith shall not constitute a breach of this Agreement or relieve Customer of any obligation or responsibility under this Agreement. DWR shall not be liable to Customer as a result of any action by DWR, its officers, directors, employees or agents to comply with any rule or regulation.

  • Compliance with Laws, Rules and Regulations Tenant, at its sole cost and expense, shall comply with all laws, ordinances, orders, rules and regulations of state, federal, municipal, or other agencies or bodies having jurisdiction over use, condition, and occupancy of the Leased Premises. Tenant must use and maintain the Leased Premises in a clean, careful, safe, and proper manner and in compliance with all Applicable Laws, including Applicable Laws pertaining to health, safety, disabled persons, and the environment; provided, however, that Tenant shall not be required to make any structural changes or repairs to the Leased Premises unless the need for such structural changes or repairs is caused by Tenant, its agents, employees, invitees, or others for whom Tenant is responsible pursuant to the terms and provisions of this Lease. Notwithstanding anything to the contrary contained elsewhere in this section, it is expressly agreed and understood that Tenant’s obligation to comply with all Applicable Laws does not apply to any violations of Applicable Laws that (a) were in effect and (b) were being violated or with which the Leased Premises was not in compliance immediately prior to the time Tenant accepted the Leased Premises, including without limitation any existing environmental contamination. Tenant will comply with the rules and regulations of the Leased Premises adopted by Landlord in its reasonable discretion. All such rules and regulations and changes and amendments thereto will be sent by Landlord to Tenant in writing and shall thereafter be carried out and observed by Tenant.

  • Compliance with all Applicable Laws and Regulations Grantee must comply with all applicable federal, state and local laws, rules, regulations, and ordinances in administering CRF under this Agreement. Grantee acknowledges that this requirement includes, but is not limited to, compliance with all applicable federal, state, and local health and safety rules and regulations. Grantee’s failure to comply with any part of this provision is material and must be grounds for termination of this Agreement for cause by Florida Housing.

  • Laws, Rules and Regulations You agree to comply with all existing and future operating procedures used by the Bank for processing of transactions. You further agree to comply with, and be bound by, all applicable state or federal laws, rules, regulations, orders, guidelines, operating circulars and pronouncements, affecting checks and drafts, including, but not limited to, all rules and procedural guidelines established by the Board of Governors of the Federal Reserve and the Electronic Check Clearing House Organization ("ECCHO") and any other clearinghouse or other organization in which Bank is a member or to which rules Bank has agreed to be bound. These procedures, rules, and regulations (collectively the "Rules") and laws are incorporated herein by reference. In the event of conflict between the terms of this Agreement and the Rules, the Rules will control.

  • COMPLIANCE WITH FEDERAL LAWS AND REGULATIONS Contractor, to the extent applicable to this Agreement, shall comply with the following Federal laws and regulations as set forth in 24 CFR §§570.600-612:

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