Risk Reduction Measures Sample Clauses
Risk Reduction Measures. Moneyline may at its option implement ----------------------- reasonable measures to reduce credit risks. These may include but are not limited to pre-authorized drafts for business customers, verifying funds through an ATM network, and separating debits from credits so that payments are not sent until after good funds are received.
Risk Reduction Measures. In addition to physical safeguards, protective devices, and other engineering controls, risk can be further reduced through administrative controls such as: • Written robot application entry and exit procedures and training • Lockout/tagout standard operating procedures (SOPs) and training • Signs PPE may include:
Risk Reduction Measures. Metavante may at its option implement features to reduce credit risks. These may include but are not limited to pre-authorized drafts, verifying funds through an ATM/EFT network, and separating debits from credits so that payments are not sent until after good funds are received.
Risk Reduction Measures. (a) Fidelity or the Processing Agent may, from time to time, institute certain operating procedures to reduce credit risk and exposure (“Procedures”). Such measures may include, but are not limited to, issuing laser drafts for payments rather than using the ACH network. Customer and all eligible Subscribers are subject to, and shall conform with, all such Procedures. Fidelity shall use commercially reasonable efforts to inform Customer in advance of the implementation of such risk-reduction Procedures.
(b) The Processing Agent does not secure funds before remitting payments as part of the risk payment-processing model, therefore, Subscribers are subject to a standard credit screening process. In conducting the standard screening, the Processing Agent complies with the Fair Credit Reporting Act and all other applicable laws. This screening does not affect the acceptance or rejection of enrollments in any way, nor will it impact the Subscriber payment scheduling. Screening is used solely to establish the level of risk that Processing Agent assumes for each individual Subscriber, and will not appear on the Subscriber’s credit report.
Risk Reduction Measures nFront or the Processing Agent may, from time to time, institute certain operating procedures to reduce credit risk and exposure ("Procedures"). Such measures may include, but are not limited to, pre-authorized drafts for Business Account Holders, verification of funds through ATM networks, separating debits from credit so that payments are not sent until good funds confirmations are received, and the like. Bank and all eligible End Users are subject to and shall conform to all such Procedures. nFront shall use commercially reasonable efforts to inform Customer in advance of the implementation of such risk-reduction procedures.
Risk Reduction Measures. MLE may at its option implement features to reduce credit risks. These may include but are not limited to pre-authorized drafts for business customers, verifying funds through an ATM network, and separating debits from credits so that payments are not sent until after good funds are received.
