Debit Entries. Fattmerchant shall on the applicable Settlement Date credit the account with the amount of each debit Entry transmitted to Fattmerchant. In the event any Entry is returned in accordance with the Rules by a Receiving Depository Bank after Fattmerchant has provided credit, Merchant shall, upon demand, repay Fattmerchant the amount of the Return Entry.
Debit Entries. We shall credit the ACH Account with the amount of each debit Entry transmitted to us by our Automated Clearing House upon expiration of the Credit Hold Period. In the event any Entry is properly returned by a Receiving Depository Financial Institution after we have provided credit, (i) you shall, upon demand, repay us the amount of the returned Entry or Depository Transfer Check, or (ii) we may, at our election, set off such amounts against any of your accounts.
Debit Entries. 11.1. A transaction on a current account can be made through cheques, payment orders or transfers, or by any other legal means accepted by the Bank.
Debit Entries. Bank shall on the applicable Settlement Date credit the Account with the amount of each debit Entry transmitted by Bank. In the event any Entry is returned in accordance with the Rules by a Receiving Depository after Bank has provided credit, Company shall, upon demand, repay Bank the amount of the Return Entry. Bank may require Company to maintain reserves in order to adequately cover return items. Cut-off Times Cut-off times are posted within the Business Online Banking programs and can also be located at xxx.XXXX.xxx. Any ACH transmission received by Bank after its daily Cut-off time shall be deemed to have been received by Bank at the opening of its next Business Day.
Debit Entries. Bank will credit the Settlement Account with immediately available funds for the amount of any preauthorized Debit Entry executed by Bank at any time on the Settlement Date as Bank, in its sole discretion, may determine for those Entries, and in accordance with the NACHA Rules. Customer agrees that Bank may immediately charge to the Settlement Account the amount of each preauthorized debit that is returned unpaid by any Receiving Bank according to the NACHA Rules.
Debit Entries. When you initiate a debit Entry, you will receive immediately available funds in the Authorized Accounts for such Entry on the applicable effective date or the next banking day after our receipt of the debit Entry information from you.. You will promptly provide good collected funds into the affected Authorized Account to repay us for the amount of the Entry if any debit Entry is rejected after we have permitted you to withdraw good collected funds in the amount thereof or if any adjustment memorandum that relates to any such Entry is received by us.
Debit Entries. Financial Institution shall on the applicable Settlement Date credit the account with the amount of each debit
Debit Entries. SimplePay shall on the applicable Settlement Date credit the account with the amount of each debit Entry transmitted to SimplePay. In the event any Entry is returned in accordance with the Rules by a Receiving Depository Bank after SimplePay has provided credit, Merchant shall, upon demand, repay SimplePay the amount of the Return Entry.
Debit Entries. HVCU shall on the applicable Settlement Date credit the account with the amount of each debit Entry transmitted to HVCU. In the event any Entry is returned in accordance with the Rules by a Receiving Depository Financial Institution after HVCU has provided credit, you shall, upon demand, repay HVCU the amount of the Return Entry. HVCU may require you to maintain reserves in accordance with Section 14 of this Addendum.
Debit Entries. (a) Debit exposure limit is the maximum total dollar amount of your debit Entries transmitted and accepted by Bank for processing but not yet settled. Bank may not permit you to initiate debit Entries and/or may require you to maintain a minimum balance sufficient to cover returned or rejected Entries.
