PROVISIONAL SETTLEMENT. Member Client shall be bound by and comply with the Rules as in effect from time to time, including without limitation the provision thereof making payment of an Entry by the RDFI to the Receiver provisional until receipt by the RDFI of final settlement for such Entry; and Member Client acknowledges that it has received notice of that Rule and or the fact that, if such settlement is not received, the RDFI shall be entitled to a refund from the Receiver of the amount credited and Member Client shall not be deemed to have paid the Receiver the amount of the Entry.
Appears in 5 contracts
Samples: Ach Origination Agreement, Ach Origination Agreement, Ach Origination Agreement
PROVISIONAL SETTLEMENT. Member Client Customer shall be bound by and comply with the Rules as in effect from time to time, including including, without limitation limitation, the provision thereof making payment of an Entry by the RDFI to the Receiver provisional until receipt by the RDFI of final settlement for such Entry; and Member Client . Customer acknowledges that it has received notice of that Rule and or and/or the fact that, that if such settlement is not received, the RDFI shall be entitled to a refund from the Receiver of the amount credited and Member Client Customer shall not be deemed to have paid the Receiver the amount of the Entry.
Appears in 3 contracts
Samples: Banking Account Agreement, Banking Account Agreement, Banking Account Agreement
PROVISIONAL SETTLEMENT. Member Client shall be bound by and comply with the Rules as in effect from time to time, including without limitation the provision thereof making payment of an Entry by the RDFI to the Receiver provisional until receipt by the RDFI of final settlement for such Entry; and Member Client acknowledges that it has received notice of that Rule and or the fact that, if such settlement is not received, the RDFI shall be entitled to a refund from the Receiver of the amount credited and Member Client shall not be deemed to have paid the Receiver the amount of the Entry.
Appears in 2 contracts
Samples: Master Agreement, Ach Origination Agreement