Common use of Notice of Returned Entries Clause in Contracts

Notice of Returned Entries. Bank will notify Customer either electronically, in writing, by telephone, or as otherwise agreed to by Bank and Company of the receipt of an Entry returned by the ACH no later than one (1) Business Day after Bank’s receipt of the returned Entry. In the case of a Credit Entry, Bank will have no other obligation to take other action with respect to a returned Entry, or in the case of a Debit Entry, Bank will have no obligation to re-execute a returned Entry.

Appears in 2 contracts

Sources: Automated Clearing House Services Agreement, Automated Clearing House Services Agreement

Notice of Returned Entries. The Bank will shall notify Customer you either electronically, in writing, by telephone, or as otherwise agreed to by the Bank and Company you of the receipt of an Entry returned by the ACH no later than one (1) Business Day business day after the Bank’s receipt of the returned Entry. In the case of a Credit Entry, The Bank will shall have no other obligation to take other action with respect to a returned Entry, or in the case of a Debit Entry, Bank will have no obligation to re-execute a returned Entry.

Appears in 1 contract

Sources: Cash Management and Treasury Services Agreement

Notice of Returned Entries. Bank will shall notify Customer Company either electronically, in writing, by telephone, or as otherwise agreed to by Bank and Company of the receipt of an Entry returned by the ACH no later than one (1) Business Day business day after Bank’s receipt of the returned Entry. In the case of a Credit Entry, Bank will have no other obligation to take other action with respect to a returned Entry, or in the case of a Debit Entry, Bank will shall have no obligation to re-execute a returned Entry.

Appears in 1 contract

Sources: Global Internet Banking Agreement

Notice of Returned Entries. Bank will shall notify Customer you either electronically, in writing, by telephone, or as otherwise agreed to by Bank and Company you of the receipt of an Entry returned by the ACH no later than one (1) Business Day after Bank’s receipt of the returned Entry. In the case of a Credit Entry, Bank will have no other obligation to take other action with respect to a returned Entry, or in the case of a Debit Entry, Bank will shall have no obligation to re-execute a returned Entry.

Appears in 1 contract

Sources: Online Banking Service Agreement