INITIATION OF ENTRIES. The Customer will send notification that it intends to initiate an entry or entries to a particular account within the time limits prescribed for such notice. After the Customer has received notice that any such notification has been rejected by a receiving bank, or that a receiving financial institution will not receive entries without having first received a copy of the authorization signed by its customer, the Customer will not initiate any entry to such customer, except the Customer may initiate entries after providing the receiving financial institution with such authorization within the time limits provided by the Rules.
Appears in 2 contracts
Sources: Treasury Management Services Agreement, Treasury Management Services Agreement