Rejection of Entries. Bank shall have the right to reject any Entry which does not comply with the requirements of Section 5 of this Article III and the requirements of Article VII ("Security Procedures"), or which contains an Effective Entry Date more than two (2) days after the Business Day such Entry is received by Bank. Bank shall have the right to reject an On-Us Entry for any reason for which an Entry may be returned under the Rules. Bank shall have the right to reject any Entry if Company has failed to comply with its account balance obligations as set forth in Section 11 below. Bank shall notify Company by phone or electronic transmission of such rejection no later than the Business Day such Entry would otherwise have been transmitted by Bank to the ACH Operator or, in the case of an On-Us Entry, its Effective Entry Date. Bank shall have no liability to Company by reason of the rejection of any such Entry or the fact that such notice is not given at an earlier time than that provided for herein.
Rejection of Entries. Customer agrees that Bank has no obligation to accept Entries and therefore may reject any Entry submitted by Customer. Bank has no obligation to notify Customer of the rejection of an Entry but will make reasonable efforts to do so. Bank shall have no liability to Customer for rejection of an Entry or for failure to notify Customer of a rejection and shall not be liable to pay any interest to Customer even if the amount of Customer’s payment order is fully covered by the balance in the Offset Account or Bank has otherwise received full payment from Customer. In the event that Entries are rejected by the ACH for any reason, it shall be the responsibility of Customer to remake such Entries. Customer agrees to check for returns and notifications of changes at least once a day.
Rejection of Entries. The Bank may reject any Entry for any reason, and shall notify you of such rejection by telephone, electronic transmission, or by United States mail, either of which shall be considered commercially reasonable. The Bank shall not be liable to you for the rejection of any Entry, for your non-receipt of a notice given to you, or for the failure to give notice of rejection at an earlier time than provided for herein. The Bank shall not be required to pay you interest on a rejected Entry for the period from rejection to the Entry to your receipt of the notice of rejection.
Rejection of Entries. Member Client agrees that Financial Institution has no obligation to accept Entries and therefore may reject any Entry issued by Member Client. Financial Institution has no obligation to notify Member Client of the rejection of an Entry but Financial Institution may do so at its option. Financial Institution shall have no liability to Member Client for rejection of an Entry and shall not be liable to pay interest to Member Client even if the amount of Member Client's payment order is fully covered by a withdrawable credit balance in an Authorized Account of Member Client or the Financial Institution has otherwise received full payment from Member Client.
Rejection of Entries. CLIENT agrees that Xxxx has no obligation to accept Entries and therefore may reject any Entry issued by CLIENT. Cliq has no obligation to notify CLIENT of the rejection of an Entry but Cliq may do so at its option. Cliq shall have no liability to CLIENT for rejection of an Entry.
Rejection of Entries. Financial Institution may reject any Entry/File, including an on-us Entry, which does not comply with the requirements of Sections 2 and 3 of this Agreement and may reject any Entry if Company is not otherwise in compliance with the terms of the Agreement. Financial Institution shall notify Company of such rejection no later than the business day such Entry would otherwise have been transmitted by Financial Institution to the ACH Network or, in the case of an on-us Entry, its effective Entry date. It shall be the responsibility of Company to remake any Entries or files rejected by Financial Institution or the ACH Operator.
Rejection of Entries. We shall reject any entry, including an on-us entry, which does not comply with the requirements of the Agreement and may reject any entry if you are not otherwise in compliance with the terms of the Agreement. We shall notify you by written correspondence of such rejection no later than the Business Day such entry would otherwise have been transmitted by us to the ACH or, in the case of an on-us entry, its effective entry date. In the event company requests us to reject a file already transmitted but not yet processed, a letter should be faxed to us at 000-000-0000, signed by an authorized representative of the company to give us authorization to reject/cancel the file. This letter should include effective date, dollar amount of file, and number of items along with a reason for cancelling the file.
Rejection of Entries. The Bank shall have the right to reject any Entry which does not comply with the requirements outlined in this Agreement. The Bank shall have the right to reject an On-Us Entry for any reason for which an Entry may be returned under the Rules. The Bank shall have the right to reject any Entry if the Business Entity has failed to comply with its account balance obligations under Section 13. The Bank shall notify the Business Entity by electronic transmission or in writing of such rejection no later than the business day such Entry would otherwise have been transmitted by the Bank to the Fed, or in the case of an On-Us Entry, its Effective Entry Date. The Bank shall have no liability to the Business Entity by reason of the rejection of any such Entry or the fact that such notice is not given at an earlier time than that provided for herein. In the event that any Entry is rejected by the Fed for any reason, it shall be the sole responsibility of the Business Entity to resubmit such Entry. Should a file be rejected due to an error caused by the Bank, the Bank shall be responsible for resubmitting such file. In such a case, the Business Entity will use its best efforts to supply sufficient information, as required in Section 24, to allow the Bank to recreate the entries for up to five (5) business days after midnight of the settlement date.
Rejection of Entries. Customer agrees that Bank has no obligation to accept Entries and therefore may reject any Entry issued by Customer without liability to Customer. Bank has no obligation to notify Customer of the rejection of an Entry but Bank may do so at its option. Bank shall not have any liability to Customer for rejection of an Entry and shall not be liable to pay interest to Customer even if the amount of Customer's payment order is fully covered by a withdrawable credit balance in an Authorized Account of Customer or Bank has otherwise received full payment from Customer.
Rejection of Entries. The Company agrees that the Institution has no obligation to accept Entries and therefore may reject any Entry issued by the Company. The Institution has no obligation to notify the Company of the rejection of an Entry but the Institution may do so at its option. The Institution shall have no liability to the Company for rejection of an Entry and shall not be liable to pay interest to the Company even if the amount of the Company's payment order is fully covered by a withdrawable credit balance in an Authorized Account of the Company or the Institution has otherwise received full payment from the Company.
