Common use of Payment to Bank Clause in Contracts

Payment to Bank. Company is required to fund Bank for any credit Entries it originates and any debit Entries returned by the applicable RDFI regardless of whether the Company receives payment from the Originator.

Payment to Bank. Company is required to fund Bank for any credit Credit Entries it originates originates, and any debit Debit Entries returned by the applicable RDFI RDFI, regardless of whether the Company receives payment from the Originator.