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.
View Source
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.
View SourceView Similar (2)
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.
View Source
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.
View SourceView Similar (2)
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.
View SourceView Similar (2)
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
View Source
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.
View Source

Related to Regulation E

  • REGULATION GG Each Fund represents and warrants that it does not engage in an “Internet gambling business,” as such term is defined in Section 233.2(r) of Federal Reserve Regulation GG (12 CFR 233) and covenants that it shall not engage in an Internet gambling business. In accordance with Regulation GG, each Fund is hereby notified that “restricted transactions,” as such term is defined in Section 233.2(y) of Regulation GG, are prohibited in any dealings with the Custodian pursuant to this Agreement or otherwise between or among any party hereto.

  • Exchange Act Compliance; Regulations T, U and X None of the transactions contemplated herein or in the other Transaction Documents (including, without limitation, the use of proceeds from the sale of the Collateral Portfolio) will violate or result in a violation of Section 7 of the Exchange Act, or any regulations issued pursuant thereto, including, without limitation, Regulations T, U and X of the Board of Governors of the Federal Reserve System, 12 C.F.R., Chapter II. The Borrower does not own or intend to carry or purchase, and no proceeds from the Advances will be used to carry or purchase, any “margin stock” within the meaning of Regulation U or to extend “purpose credit” within the meaning of Regulation U.

  • Federal Reserve Regulations No part of the proceeds of the Loan will be used for the purpose of purchasing or acquiring any “margin stock” within the meaning of Regulation U of the Board of Governors of the Federal Reserve System or for any other purpose which would be inconsistent with such Regulation U or any other Regulations of such Board of Governors, or for any purposes prohibited by Legal Requirements or by the terms and conditions of this Agreement or the other Loan Documents.

  • Federal Reserve Board Regulations None of the Loan Parties is engaged or will engage, principally or as one of its important activities, in the business of extending credit for the purposes of “purchasing” or “carrying” any “Margin Stock” within the respective meanings of such terms under Regulations U, T and X of the Board. No part of the proceeds of the Loans will be used for “purchasing” or “carrying” “Margin Stock” as so defined for any purpose which violates, or which would be inconsistent with, the provisions of, any applicable laws or regulations of any Governmental Authority (including, without limitation, the Regulations of the Board).

  • FCC Regulations The unstayed, effective regulations promulgated by the FCC, as amended from time to time.