ACH Facility definition

ACH Facility. A general acute care hospital facility operated on the Leased Property, or a portion thereof, licensed in the state of its location, which hospital may be part of a Provider Based Network (as herein defined).
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ACH Facility. Provident has agreed to extend the Amended and Restated Intercreditor Agreement dated as of March 28, 2003, between Provident and Huntington as to the Amended ACH Agreement defined therein until September 30, 2003, provided that Huntington extends the Amended ACH Agreement on its current terms to such date. To: Vsource, Inc. Date: June 12, 2003 Re: $100,000 Deposit for Purchase of Loan Participation and Equity Interested Relating to Team America, Inc. Please remit payment of the Deposit referred to above to the following account and notify ▇▇▇▇▇▇▇ ▇▇▇▇ at (▇▇▇) ▇▇▇-▇▇▇▇ and ▇▇▇▇ ▇. ▇▇▇▇▇▇▇ at (▇▇▇) ▇▇▇-▇▇▇▇ of its transmission and Federal Reference Number: The Provident Bank Cincinnati, Ohio ABA 042 000 424 GL Account 216-11320 Ref: Team America
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ACH Facility means any automatic clearinghouse facility now or hereafter provided to BORROWER by LENDER.
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Examples of ACH Facility in a sentence

  • In the event there shall be more than one Existing ACH Facility under this Lease prior to the Final Completion Date, Guarantor may, at its option, satisfy the letter of credit requirements under this Section 38.14(b) by providing one (1) letter of credit satisfying the letter of credit requirements of this Section 38.14(b).

  • Chase may, in its discretion, offer to the Company an ACH Facility and an FX Facility on such terms, conditions and documentation as may be mutually agreed to by Chase and the Company.

  • Confess shall have no interest in or obligations under the ACH Facility or the Chase FX Facility and Congress agrees that such facilities including the First Union FX Facility shall be included in the Obligations and secured by the Collateral, subject to the foregoing limitations.


More Definitions of ACH Facility

ACH Facility means the automated clearing house funds transfer facility that may be furnished by Chase to the Company in accordance with Section 2.17 hereof.
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ACH Facility and definition thereof are deleted.
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