Common use of Procedures for Retail Processing Only Clause in Contracts

Procedures for Retail Processing Only. A. In the event that the Processor receives a Remittance Payment that is unacceptable (an “Exception item”) the Processor shall post notice of the Exception item to the Customer at the Remittance website, in the Exception Processing Application area (the “EPA Area”). Exception items shall not be credited into the Customer’s Remittance Account. The following are some of the conditions that can cause an item to be deemed exceptions: a. Checks received without coupon b. Check amount does not match coupon/payment due B. Each processing day, the Customer will have access to the EPA Area, which will indicate all Exception items from the previous processing day and the action that the Customer must take with regard to any such items. Exception items will be posted only in the EPA Area, and it is the sole responsibility of the Customer to check the EPA Area from time-to-time to discover the existence of Exception items and to take appropriate remedial action. If the Customer does not make a decision on Exception Items, the items will be forwarded unprocessed to the mailing address set forth in this Agreement. C. Stop Payments. The Customer may request that the Bank stop crediting Remittance payments from a particular payee. Stop Payment Orders may be requested solely by entering the Stop Payment Order directly into the EPA Area. Stop Payment Orders received by the Bank after 2 PM will be enforced as of the next Bank Business Day. Any payments effected by the Stop Payment Order shall be returned to the Customer. The Customer assumes full responsibility and liability for stop payments entered into the system. Stop Payment Orders shall remain in effect until terminated by the Customer by deleting the stop from the EPA Area. Customer Obligations (i) Retail Processing use of Coupons/Remittance Document. The Customer must include an encoded coupon/remittance document (according to provided Processor specifications) along with each Payment. Failure to include a remittance document may result in the exception of the payment. (ii) Retail Processing Exception items. It is the sole responsibility of the Customer to monitor the EPA Area to remedy Exception items. Any Exception items that are corrected by 2 PM will be credited to the Customer’s Remittance Account on the same Bank Business Day that such corrections are made.

Procedures for Retail Processing Only. A. In the event that the Processor receives a Remittance Payment that is unacceptable (an “Exception item”) the Processor shall post notice of the Exception item to the Customer at the Remittance website, in the Exception Processing Application area (the “EPA Area”). Exception items shall not be credited into the Customer’s Remittance Account. The following are some of the conditions that can cause an item to be deemed exceptions: a. Checks received without coupon b. Check amount does not match coupon/payment due B. Each processing day, the Customer will have access to the EPA Area, which will indicate all Exception items from the previous processing day and the action that the Customer must take with regard to any such items. Exception items will be posted only in the EPA Area, and it is the sole responsibility of the Customer to check the EPA Area from time-to-time to discover the existence of Exception items and to take appropriate remedial action. If the Customer does not make a decision on Exception Items, the items will be forwarded unprocessed to the mailing address set forth in this Agreement. C. Stop Payments. The Customer may request that the Bank stop crediting Remittance payments from a particular payee. Stop Payment Orders may be requested solely by entering the Stop Payment Order directly into the EPA Area. Stop Payment Orders received by the Bank after 2 PM will be enforced as of the next Bank Business Day. Any payments effected by the Stop Payment Order shall be returned to the Customer. The Customer assumes full responsibility and liability for stop payments entered into the system. Stop Payment Orders shall remain in effect until terminated by the Customer by deleting the stop from the EPA Area. Customer Obligations. (i) Retail Processing use of Coupons/Remittance Document. The Customer must include an encoded coupon/remittance document (according to provided Processor specifications) along with each Payment. Failure to include a remittance document may result in the exception of the payment. (ii) Retail Processing Exception items. It is the sole responsibility of the Customer to monitor the EPA Area to remedy Exception items. Any Exception items that are corrected by 2 PM will be credited to the Customer’s Remittance Account on the same Bank Business Day that such corrections are made.

Procedures for Retail Processing Only. A. In the event that the Processor receives a Remittance Payment that is unacceptable (an “Exception item”) the Processor shall post notice of the Exception item to the Customer at the Remittance website, in the Exception Processing Application area (the “EPA Area”). Exception items shall not be credited into the Customer’s Remittance Account. The following are some of the conditions that can cause an item to be deemed exceptions: a. i. Checks received without coupon b. ii. Check amount does not match coupon/payment due B. iii. Each processing day, the Customer will have access to the EPA Area, which will indicate all Exception items Items from the previous processing day and the action that the Customer must take with regard to any such items. Exception items Items will be posted only in the EPA Area, and it is the sole responsibility of the Customer to check the EPA Area from time-to-time to discover the existence of Exception items Items and to take appropriate remedial action. If the Customer does not make a decision on Exception Items, the items will be forwarded unprocessed to the mailing address set forth in this Agreement. C. iv. Stop Payments. The Customer may request that the Bank stop crediting Remittance payments from a particular payee. Stop Payment Orders may be requested solely by entering the Stop Payment Order directly into the EPA Area. Stop Payment Orders received by the Bank after 2 2:00 PM ET will be enforced as of the next Bank Business Day. Any payments effected by the Stop Payment Order shall be returned to the Customer. The Customer assumes full responsibility and liability for stop payments entered into the system. Stop Payment Orders shall remain in effect until terminated by the Customer by deleting the stop from the EPA Area. Unless otherwise required by Customer Obligations (i) Retail Processing use of Coupons/Remittance Document. The Customer must include an encoded coupon/remittance document (according and agreed to provided Processor specifications) along with each Payment. Failure to include a remittance document may result in the exception by Bank, Bank will not deposit checks falling into any of the payment. following categories (ii“Unacceptable Checks”) Retail Processing Exception items. It is the sole responsibility of the or checks which Customer to monitor the EPA Area to remedy Exception items. Any Exception items that are corrected by 2 PM will be credited has specifically instructed Bank, in writing pursuant to the Customer’s Remittance notice provisions contained within the Deposit Account on the same Bank Business Day that such corrections are made.Agreement. Unacceptable Checks include-