Submission and Processing of Entries Sample Clauses

Submission and Processing of Entries a. Entries will be made only to accounts held at Bank or other Depository Financial Institutions ("DFI”) as defined by the Rules.
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Submission and Processing of Entries. 11.1 Unless otherwise specified in the Application, for standardization purposes, all transmittals of Entries shall be made by use of Online Banking and shall be deemed received by Bank when the transmission (in compliance with the related Security Procedures) is completed. To process ACH files Company MUST provide a summary of the file(s) sent to Bank as described in the Application. Company will transmit all debit and credit Entries to Bank at the location, on or before the deadlines, described in the Application. Company will conform all Entries to the format, content and specifications contained in the NACHA Rules, except as provided in the Application.
Submission and Processing of Entries. All Entries shall be initiated by the Customer in accordance with the Agreement, including this Exhibit A, and in accordance with the Rules, including the section of the Rules entitled “Obligations of Originators”. All Entries, except Entries received for credit to an account maintained with the Bank (“On Us Entries”), shall be received, processed and transmitted by the Bank pursuant to the Rules. The Bank's obligations hereunder in connection with the making of Entries shall be the obligations of an Originating Depository Financial Institution under the Rules, unless otherwise specifically provided herein. In the case of On Us Entries, subject to the Bank’s right to reject any such Entry as provided in herein, the Bank shall credit or debit the amount of each such Entry to the customer’s account maintained with the Bank in accordance with the relevant Entry information provided to the Bank by the Customer.
Submission and Processing of Entries 

Related to Submission and Processing of Entries

  • COLLECTION AND PROCESSING OF ITEMS In processing items You have deposited for collection, We are only Your agent and assume no responsibility beyond the exercise of ordinary care. Any item deposited is subject to final settlement in cash or credit. We may use any method We feel is appropriate to collect items, which may include use of a Federal Reserve Bank. We are not responsible for the acts of any third party We use for the collection of items including responsibility for lost items. If We use a local clearinghouse in the collection of items, You authorize Us to do so and to act in accordance with any applicable rules and regulations. We may permit You to withdraw funds from Your Account before final settlement has been made, however, if final settlement is not made, We have the right to charge Your Account or otherwise require You to repay such funds. In processing items presented for payment on Your Account, We will pay such items each business day in an order of Our choosing, all of which means that the transactions may not be processed in the order in which they occurred and that You could incur multiple fees in a single day should there be insufficient funds to pay all items presented that day.

  • Initiation and Processing 1. Level One

  • Records of Processing Activities 6.1 The Data Processor shall keep records of all categories of processing activities performed on behalf of the Data Controller. Records of Processing activities shall include at least the following:

  • Preparation and Submission The Recipient will:

  • DOCUMENTATION; RECORDS OF PROCESSING Each party is responsible for its compliance with its documentation requirements, in particular maintaining records of processing where required under Data Protection Law. Each party shall reasonably assist the other party in its documentation requirements, including providing the information the other party needs from it in a manner reasonably requested by the other party (such as using an electronic system), in order to enable the other party to comply with any obligations relating to maintaining records of processing.

  • PROSECUTION AND PROGRESS Unless otherwise specified, the Contractor shall submit his/her progress schedule for the Owner's approval within 10 days after the effective date of the notice to proceed. The Contractor's progress schedule, when approved by the Owner, may be used to establish major construction operations and to check on the progress of the work. The Contractor shall provide sufficient materials, equipment, and labor to guarantee the completion of the project in accordance with the plans and specifications within the time set forth in the proposal. If the Contractor falls significantly behind the submitted schedule, the Contractor shall, upon the Owner's request, submit a revised schedule for completion of the work within the contract time and modify his/her operations to provide such additional materials, equipment, and labor necessary to meet the revised schedule. Should the prosecution of the work be discontinued for any reason, the Contractor shall notify the Owner at least 24 hours in advance of resuming operations. The Contractor shall not commence any actual construction prior to the date on which the notice to proceed is issued by the Owner.

  • Processing of Grievances (a) Shop stewards shall suffer no loss in pay for the time spent processing grievances or attending meetings with the Employer's representative.

  • Processing of Grievance It is recognized and accepted by the Union and the County that the processing of grievances as hereinafter provided is limited by the job duties and responsibilities of the employees and shall therefore be accomplished during normal working hours only when consistent with such employee duties and responsibilities. The aggrieved employee's representative, if an employee, shall be allowed a reasonable amount of time without loss in pay, to investigate a grievance, and present grievances to the County during normal working hours provided the employee and the employee representative have notified the designated supervisor.

  • Commencement, Prosecution, and Completion of Work The Contractor will be required (a) to commence the Work under this Contract on the applicable Proceed Order Date, (b) to prosecute the Work with faithfulness and energy (c) to install the various parts of the work with equal steps shown on the Overall Project Schedule and at the same rate (or better) shown on the Overall Project Schedule and (d) to complete the Work within the Contract Time, as adjusted. Commencement of the Work shall mean actual physical work on the Site. Unless otherwise agreed, and subject to Change Orders, Material Completion of the Project must be achieved on or before the date established as the Material Completion and Occupancy Date under the Schedule.

  • Submittal and Processing of Payments A. Contractor shall submit Applications for Payment in accordance with Article 15 of the General Conditions. Applications for Payment will be processed by Engineer as provided in the General Conditions.

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