Common use of Deconversion Fees Clause in Contracts

Deconversion Fees. File formats and magnetic tapes in Fiserv format will be provided to designated processor as requested in writing providing the Client has no outstanding payments to Fiserv. Charges for the creation and delivery of these files will be computer run time or $2,500 per application per request, whichever is greater. All consulting interpretation and computer time required for the deconversion will be billed at per hour current rates.

Appears in 2 contracts

Sources: Service Agreement (First Capital Bancshares Inc /Sc/), Service Agreement (United Financial Holdings Inc)

Deconversion Fees. File formats and magnetic tapes in Fiserv format will be provided to designated processor as requested in writing providing the Client has no outstanding payments to Fiserv. Charges for the creation and delivery of these files will be computer run time or $2,500 per application per request, whichever is greater. All consulting interpretation and computer time required for the deconversion will be billed at per hour current rates.(e.

Appears in 1 contract

Sources: Service Agreement (Appalachian Bancshares Inc)