Network Fees. Alloya will charge Member with any fines or penalties imposed by the Office of Foreign Assets Control (“OFAC”), NACHA or any organizations which are incurred as a result of non-compliance by Member and Member agrees to fully reimburse and/or indemnify Alloya for such charges or fines.
Appears in 3 contracts
Sources: Automated Clearing House Originations Services Product Operating Agreement, Automated Clearing House Origination Services Product Operating Agreement, Automated Clearing House Originator Product Operating Agreement