Entries Returned as Unauthorized Clause Samples

Entries Returned as Unauthorized. In the event that an Entry is returned as unauthorized or authorization revoked, the Company will contact the necessary parties and resolve any dispute. During this process the Company may ask the Bank to request from the RDFI a copy of the “Written Statement of Unauthorized Debit.” The Bank will make its best effort to obtain the form and will deliver it to the Company when received. Company agrees not to re-originate any transaction returned as unauthorized or as authorization revoked unless the customer reauthorized the Entry or Entry stream.
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Entries Returned as Unauthorized. Customer shall comply with all requirements in the NACHA Rules, including the duty to submit only those Entries that have been properly authorized. In the event that an Entry is returned as unauthorized or authorization revoked, Customer will contact the necessary parties and resolve any dispute. During this process, Customer may ask Bank to request from the RDFI a copy of the “Written Statement of Unauthorized Debit.” Bank will use reasonable efforts to obtain the statement and will deliver it to Customer when received. Customer agrees not to re-originate any transaction returned as unauthorized or as authorization revoked unless the Receiver re-authorizes the Entry or Entry stream.
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Entries Returned as Unauthorized. In the event that an Entry is returned as unauthorized or authorization revoked, Customer will contact the necessary parties and resolve any dispute. During this process Customer may ask BND to request from the RDFI a copy of the “Written Statement of Unauthorized ACH Debit.” BND will make its best effort to obtain the form and will deliver it to Customer when received. Customer agrees not to re-originate any transaction returned as unauthorized or as authorization revoked unless Customer reauthorized the Entry or Entry stream.
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Entries Returned as Unauthorized. In the event that an Entry is returned as unauthorized or authorization revoked, Third-Party Sender will contact the necessary parties and resolve any dispute. During this process Third-Party Sender may ask Bank to request from the RDFI a copy of the “Written Statement of Unauthorized Debit.” Bank will make reasonable efforts to obtain the form and will deliver it to Third-Party Sender when received. Third-Party Sender agrees not to re-originate any Entry returned as unauthorized or as authorization revoked unless Receiver reauthorized the Entry or Entry stream.
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Entries Returned as Unauthorized. In the event that an Entry is returned as unauthorized or authorization revoked, the Originator will contact the necessary parties and resolve any dispute. During this process the Originator may ask the ODFI to request from the RDFI a copy of the “Written Statement Under Penalty of Perjury.” The ODFI will make its best effort to obtain the form and will deliver it to the Originator when received. The Originator agrees not to re-originate any transaction returned as unauthorized or as authorization revoked unless the customer reauthorized the Entry or Entry stream.
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Entries Returned as Unauthorized. In the event that an Entry is returned as unauthorized or authorization revoked, Company will contact the necessary parties and resolve any dispute. During this process, Company may ask the Financial Institution to request from the Receiving Depositary Financial Institution (“RDFI”) a copy of the “Written Statement of Unauthorized Debit.” Financial Institution will make its best effort to obtain the form and will deliver it to Company when received. Company agrees not to re-originate any transaction returned as unauthorized or as authorization revoked unless the consumer reauthorized the Entry or Entry stream. (i) Unauthorized Rate in Excess of 1%. In the event the rate of unauthorized transactions exceeds 1% based on the calculations noted in the Rules, Company will provide information requested by the Financial Institution based on the Rules and will immediately begin the process of bringing the rate below 1%. Financial Institution may suspend the processing of Files until Company has provided such resolution. In the event Company does not provide resolution within 30 days, Financial Institution may terminate this Agreement.
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Related to Entries Returned as Unauthorized

  • Preservation of Books and Records (a) The Sellers and their Affiliates shall have the right to make and retain copies (at their sole expense) of all books and records relating to the Transferred Assets for the periods ending on or before the Closing Date. The Buyer agrees that it shall preserve and keep all original books and records in respect of the Transferred Assets in the possession or control of the Buyer or its Affiliates for at least the longer of (i) any applicable statute of limitations and (ii) a period of six (6) years from the Closing Date. The Sellers and their Affiliates shall also have the right to retain all original IRS Forms W-8 and W-9 in respect of the Transferred Assets relating to periods ending on or before the Closing Date. (b) During such six (6)-year or longer period, (i) representatives of the Sellers and their Affiliates shall, upon reasonable notice and for any reasonable business purpose, have access during normal business hours to confidentially examine, inspect and copy such books and records and (ii) the Buyer shall provide to the Sellers or their Affiliates access to such books and records relating to the Transferred Assets as the Sellers or their Affiliates shall reasonably request in connection with any action, suit, arbitration, proceeding or investigation to which a Seller or any of its Affiliates are parties or in connection with the requirements of any Applicable Law applicable to a Seller or any of its Affiliates. The Sellers or their Affiliates, as applicable, shall return such original books and records to the Buyer or such Affiliate of the Buyer as soon as such books and records are no longer needed in connection with the circumstances described in the immediately preceding sentence. (c) After such six (6)-year or longer period, before the Buyer or any Affiliate of the Buyer shall dispose of any of such books and records, the Buyer shall give at least ninety (90) days’ prior written notice of such intention to dispose to the Sellers, and the Sellers or any of their Affiliates shall be given an opportunity, at their cost and expense, to remove and retain all or any part of such books and records as it may elect.

  • Accounts and Records The accounts and records maintained by ALPS shall be the property of the Fund. ALPS shall prepare, maintain and preserve such accounts and records as required by the 1940 Act and other applicable securities laws, rules and regulations. ALPS shall surrender such accounts and records to the Fund, in the form in which such accounts and records have been maintained or preserved, promptly upon receipt of instructions from the Fund. The Fund shall have access to such accounts and records at all times during ALPS’ normal business hours. Upon the reasonable request of the Fund, copies of any such books and records shall be provided by ALPS to the Fund at the Fund’s expense. ALPS shall assist the Fund, the Fund’s independent auditors, or, upon approval of the Fund, any regulatory body, in any requested review of the Fund’s accounts and records, and reports by ALPS or its independent accountants concerning its accounting system and internal auditing controls will be open to such entities for audit or inspection upon reasonable request. ALPS or its undersigned as defined by Rule 17a-4 of the Securities and Exchange Act (the “Exchange Act”), shall have access to all electronic communications, including password access to the system storing the electronic communications, of registered representatives of ALPS that are associated with the Fund and are required to be maintained under Rule 17a-4 of the Exchange Act and FINRA Rules 3110 and 3010. Electronic storage media maintained by the Fund will comply with Rule 17a-4 of the Exchange Act.