Common use of Fees and Rates Clause in Contracts

Fees and Rates. If the charges for Subscriber’s originations are less than the monthly minimum fee, then the minimum shall apply. SPS reserves the right, without notice, to offset fee’s due SPS against daily settlements due Subscriber. Transactions declined due to unresolved unauthorized returns on file shall be charged at the “normal” return rate despite SPS not originating the transaction to the ODFI.

Appears in 6 contracts

Samples: Electronic Funds Transfer Agreement, Ach Electronic Funds Transfer Agreement, Ach Electronic Funds Transfer Agreement

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Fees and Rates. If the charges for Subscriber’s originations are less than the monthly minimum fee, then the minimum shall apply. SPS reserves the right, without notice, to offset fee’s due SPS against daily settlements amounts due to Subscriber. Transactions declined due to unresolved unauthorized returns on file shall be charged at the “normal” return rate despite SPS not originating the transaction to the ODFI.

Appears in 2 contracts

Samples: Ach Electronic Funds Transfer Agreement, Ach Electronic Funds Transfer Agreement

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Fees and Rates. If the charges for Subscriber’s originations are less than the monthly minimum fee, then the minimum shall apply. SPS reserves the right, without notice, to offset fee’s due SPS against daily settlements due Subscriber. Transactions declined due to unresolved unauthorized returns on file shall be charged at the “normal” return rate despite SPS not originating the transaction to the ODFI.

Appears in 1 contract

Samples: Electronic Funds Transfer Agreement

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