Incorrect Entry definition

Incorrect Entry means an Entry for which the ACH file, as determined by us in our sole discretion, fails to conform to the requirements of any and all applicable NACHA Operating Rules and Guidelines or contains a mistake.

Examples of Incorrect Entry in a sentence

  • Any Entry that contains an ACH debit file, batch or item will be considered an Incorrect Entry.

  • You understand that any hold on Collected Funds covered by an Entry that contains an ACH debit file, batch or item will remain until earlier of: (i) the Entry Window occurring after you have submitted to us an authorization to delete the Incorrect Entry, and after we have had a reasonable period of time to act on that authorization; or (ii) our completion of nightly system processing on the Requested Settlement Date.

  • Reversing Erroneous Entries and NOCs. If you send an Incorrect Entry, batch or item, you must contact the Program Manager to request us to initiate a reversal of that Entry.

  • If you send an Incorrect Entry, batch or item, you must contact us to request us to initiate a reversal of that file, batch or item.

  • Reversing Erroneous Files, Batches or Items and NOC’s If you send an Incorrect Entry, batch or item, you must contact us to request us to initiate a reversal of that file, batch or item within one business ▇▇▇.▇▇▇ agree and acknowledge that if we receive a Notice of Correction ("NOC") file from another financial institution that results from an Entry you submit, the Entry that caused the NOC will be discontinued.

  • Reversing Erroneous Entries and NOCs. If you send an Incorrect Entry, batch or item, you must contact us to request us to initiate a reversal of that Entry.

Related to Incorrect Entry

  • Correctional facility means a facility operated under the management and control of the Virginia Department of Corrections.

  • Material Defect As defined in Section 2.02(c) hereof.

  • Nonconformity or “Nonconformities” means any failure or failures of the Software to conform to the requirements of this Contract, including any applicable Documentation.

  • Nonconforming lot means a lot that met dimensional requirements of the applicable master program at the time of its establishment but now contains less than the required width, depth or area due to subsequent changes to the master program.

  • Nonconformance as used in this clause means a condition of any hardware, software, material, or service/workmanship in which one or more characteristics do not conform to requirements.