Third-Party Senders. When Customer is acting in the capacity of a Third-Party Sender, as defined by the Rules, the following additional terms and conditions shall apply with regard to the initiation of ACH transactions by Customer on behalf of one or more commercial companies other than Customer, with Bank acting as ODFI for the purpose of processing and settling such entries:
Appears in 7 contracts
Samples: Hancock Whitney Bank, Master Agreement, Master Agreement