ACH Agreement definition

ACH Agreement has the meaning set forth in the Servicing Agreement.

ACH Agreement means an authorization agreement executed by an Obligor in favor of XxXxxx relating to the Obligor’s business banking account, providing for the direct debit of payments on a Loan pursuant to XxXxxx’x automatic payment plan and the direct deposit of disbursements into the Lockbox Account.

ACH Agreement means Bank’s form of ACH Origination Agreement.

Examples of ACH Agreement in a sentence

• In the event there are not sufficient Available, Collected Funds in the Authorized Account to cover Company’s obligations under this ACH Agreement, Company agrees that Bank may Debit any account maintained by Company with Bank or any affiliate of Bank or that Bank may set off against any amount it owes to Company, in order to obtain payment of Company’s obligations under this ACH Agreement.

• Bank may, without prior notice or demand, obtain payment of any amount due and payable to it under this ACH Agreement by debiting the Authorized Account(s) of Company identified in any Exhibits, and Bank shall Credit/Debit the Authorized Account for any amount received by Bank by reason of the return of an Entry transmitted by Bank for which Bank has previously received payment from Company/provided funds to the Company.

• Company shall at all times maintain a balance of Available Funds in the Authorized Account sufficient to cover its payment obligations under this ACH Agreement as set forth in Section 11.

• The Agreement is supplemented by this ACH Agreement and all terms of the Agreement are in full force and effect.

• Company shall have Available, Collected Funds in an Authorized Account(s) covering the amount of each Entry transmitted by Bank pursuant to this ACH Agreement on the Settlement Date.

More Definitions of ACH Agreement

ACH Agreement shall have the meaning ascribed thereto in Section 6.6.

ACH Agreement means the agreement between you and us with respect to services we may provide you in connection with ACH transactions, as amended from time to time.

ACH Agreement means (a) the Amended and Restated ACH Limit Agreement, dated November 21, 2006, between Xxxx-Xxxxx and Xxxxx Fargo Bank, and (b) any other written agreement, in form and substance satisfactory to Agent in good faith, between any Borrower and any Bank Product Provider related to the provision by such Bank Product Provider of ACH Transactions to such Borrower, as each may be amended, supplemented, amended and restated or otherwise modified from time to time.

ACH Agreement has the meaning attributed to that term in the Softwood Lumber Agreement; “AD Order” means the Anti-Dumping Duty Order published as Certain Softwood Lumber from Canada, 67 Fed. Reg. 36,068 (May 22, 2002), as amended; “Business Day” means any day, other than a Saturday or Sunday, or a day that banks are lawfully closed for commercial banking business in Xxxxxx, Xxxxxxx, Xxxxxx or a day on which banks are not required or authorized to close in New York, New York, United States of America; “CVD Order” means Countervailing Duty Order published as Certain Softwood Lumber from Canada, 67 Fed. Reg. 36,070 (May 22, 2002), as amended; “Canadian Dollars” and “CDN” means the lawful currency of Canada; “covered entries” has the meaning attributed to that tem in the Softwood Lumber Agreement; “Dispute Rights” has the meaning attributed to that term in Section 3.03(a) hereof; “Escrow Agent” means the U.S. financial institution designated by the Seller that has entered into the Escrow Agreement with the Seller to receive and disburse the Purchased Refund to EDC; “Escrow Agreement” means the agreement entered into between the Seller, EDC and the Escrow Agent, to receive and disburse the Purchased Refund to EDC, substantially in the form attached as Schedule “D”;

ACH Agreement means an authorization agreement executed by an Obligor in favor of OnDeck relating to the Obligor’s business banking account, providing for the direct debit of payments on a Loan pursuant to OnDeck’s automatic payment plan and the direct deposit of disbursements into the Lockbox Account.

ACH Agreement has the meaning attributed to that term in the Softwood Lumber Agreement;

ACH Agreement means the certain ACH Agreement dated on or before the Closing Date between Borrower and Agent.