ACH arrangement definition

ACH arrangement means the agreement between the originator of the ACH transaction and the receiver of the ACH transaction.
Sample 1Sample 2Sample 3
ACH arrangement means an agreement between the originator and the receiver of an ACH transaction.
Sample 1Sample 2Sample 3

Examples of ACH arrangement in a sentence

  • A local unit shall not be a party to an ACH arrangement unless the governing body of the local unit has adopted a resolution to authorize electronic transactions and the treasurer or the ETO of the local unit has presented a written ACH policy to the governing body.

  • The authority for ACH credits and debits shall remain in full force and effect until you terminate it in writing, in a time and manner affording us the opportunity to act thereon, or until 10 days after we notify you in writing of our termination of the ACH arrangement.

  • Borrower (i) shall maintain in all respects this ACH arrangement; (ii) shall not change depository institutions without Lender’s prior written consent, and if consent is received, shall immediately execute similar ACH instruction(s), and (iii) waives any and all claims for loss or damage arising out of debits or credits to/from the depository institution, whether made properly or in error.

  • Furthermore the Commission considers that subsection 4 of Section 4 of the Construction act, stipulating that the Danish government guarantees the other financial commitments of Femern A/S related to the construction of the project, does not involve additional aid since, as the construction costs are already covered by State loans and loans with State guarantees, it does not provide an additional advantage to Femern A/S.

  • On termination of the ACH arrangement, your right to use the CB Charge Program shall terminate.

  • An ACH arrangement under PA 738 of 2002 is not subject to the Revised Municipal Finance Act, Public Act 34 of 2001 (MCL 141.2101, et seq.), or to provisions of law or charter concerning the issuance of debt by a local unit.

  • On termination of the ACH arrangement, your right to use the cbCharge Program shall terminate.

  • The District may be a party to an Automated Clearing House (ACH) arrangement.

  • Provided a retirement portability election is made to retain NAF Retirement coverage, you must contact Fidelity to set up your loan payments via ACH arrangement.

  • If you are in a non-pay status (such as Leave without Pay), you must still make loan payments directly to Fidelity by setting up an ACH arrangement.

Related to ACH arrangement

  • Compensation Arrangement means any direct or indirect compensatory payment or other financial agreement, arrangement or understanding with any person or entity other than the Corporation, including any agreement, arrangement or understanding with respect to any direct or indirect compensation, reimbursement or indemnification in connection with candidacy, nomination, service or action as a nominee or as a director of the Corporation;

  • Treasury Management Arrangement means any agreement or other arrangement governing the provision of treasury or cash management services, including deposit accounts, overdraft, credit or debit card, funds transfer, automated clearinghouse, zero balance accounts, returned check concentration, controlled disbursement, lockbox, account reconciliation and reporting and trade finance services and other cash management services.

  • Cash Management Agreement means any agreement to provide cash management services, including treasury, depository, overdraft, credit or debit card, electronic funds transfer and other cash management arrangements.

  • Arrangement Agreement means the arrangement agreement dated as of April 18, 2019 between the Purchaser and the Company, including the schedules and exhibits thereto, providing for, among other things, the Arrangement, as the same may be amended, supplemented or restated.