Common use of Ongoing Reconciliation Clause in Contracts

Ongoing Reconciliation. Following receipt of the Daily Reports each Business Day, ▇▇▇▇▇ Fargo shall endeavor to reconcile all out-of-balance amounts of Cash from the amounts reported in the Daily Reports and the Service Reports. If at any time ▇▇▇▇▇ Fargo learns that Cash is out-of-balance (by use of the Bank Reports or otherwise), ▇▇▇▇▇ Fargo shall notify Client of the imbalance within five days of such discovery, and within 60 days of the Business Day on which the Machine was out-of-balance, ▇▇▇▇▇ Fargo shall credit or debit, as applicable, the Operating Account for any remaining overage or shortage.

Appears in 3 contracts

Sources: Contract Cash Solutions Agreement (Everi Holdings Inc.), Contract Cash Solutions Agreement (Global Cash Access Holdings, Inc.), Contract Cash Solutions Agreement (Global Cash Access Holdings, Inc.)