Regulation E Sample Clauses
Regulation E is a federal rule that governs electronic fund transfers (EFTs) involving consumer accounts, primarily to protect consumers from unauthorized transactions and errors. It applies to transactions such as ATM withdrawals, debit card payments, and direct deposits, requiring financial institutions to provide disclosures, investigate errors, and limit consumer liability for unauthorized transfers. The core function of Regulation E is to ensure consumer rights and protections in electronic banking, thereby reducing the risk of loss and increasing confidence in electronic financial services.
POPULAR SAMPLE Copied 1 times
Regulation E. Notwithstanding anything to the contrary under this Section 11 of this Agreement, or any other clause of this Agreement or any of the other Transaction Documents, the Company shall be deemed to be in compliance with its registration obligations hereunder pursuant to the 1933 Act in relation to any Shares and Warrant Shares provided the Company has become a "Business Development Company" (or successor type entity) within 60 days of the Closing Date and such Shares are freely tradable and transferable without further restrictions on transfer as a result of having been issued pursuant to Regulation E within 11 days thereafter.
Regulation E. Servicer shall respond to and resolve all Cardholder and Card related disputes, inquiries and errors referred to Servicer by Bank within the time frames and requirements set forth in Regulation E and in compliance with all policies and procedures related to dispute processing services in accordance with applicable Network Rules. Without limiting the foregoing, Servicer shall fulfill Bank’s obligations under and in compliance with Section 205 of Regulation E (except that Servicer shall comply with the final rule related to payroll cards instead of providing periodic statements to all customers), provided that (i) Servicer shall seek prior written approval of any policy, procedure, description or other material that affects Bank’s compliance with such sections of Regulation E, (ii) Bank cooperates with Servicer in connection with its performance of its obligations under this Section, including promptly funding any provisional (and final) credits to Cardholder accounts, as appropriate.
Regulation E. All Bill Payments processed using our ▇▇▇▇ ▇▇▇▇▇ system will be governed under the terms of Regulation E as disclosed to you in your original eBanking application and disclosure. This includes your right to dispute items and your right to prompt resolution of errors. Also, your responsibilities to notify us promptly in case of error.
Regulation E. The Company shall take all action to necessary issue the Common Shares and the Conversion Shares under the exemption from registration afforded by Regulation E promulgated under the 1933 Act, and upon such issuance, the Common Shares and Conversion Shares will be able to be sold by Buyer without registration under the 1933 Act.
Regulation E. Company understands and agrees to comply with the requirements of Regulation E (including consumer error resolution procedures) and will otherwise perform its obligations in accordance with the rules and regulations adopted by NACHA and all applicable laws and regulations.
Regulation E. Federal Reserve Board Regulation E provides for the rights, liabilities and responsibilities of our consumer clients who use certain electronic funds transfer services. Regulation E does not apply to wire transfers. For more information on Regulation E, please refer to this link and the relevant Client Agreements: • ▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇/bankinforeg/regecg.htm
Regulation E. Higher One shall be responsible for complying with and shall bear all costs and expenses associated with the obligations of a “financial institution,” as that term is defined in Regulation E (12 CFR 205) (“Regulation E”), that offers electronic funds transfer services, including but not limited to providing notices, dispute resolution and crediting and debiting Depositor Accounts for disputed transactions.